startup headaches
One of the oft-mentioned arguments against the business startup registration procedures here in the United States is how difficult and confusing they can be. It has gotten to the point where one is practically required to see a lawyer for his incorporation, and a CPA for his accounting. Tax laws are laden with confusing clauses and incentives, and then of course there are the social security and self-employment taxes to consider, those that are normally paid for by the employer.
It's a wonder that anyone without a ton of money manages to get their businesses up and running in this country. I think that in many cases it's blind luck, or perhaps a matter of finding a product or service that "the bank" is willing to invest in. It's just a shame that things are so difficult that there are many businesses that go unfounded. Perhaps it's a matter of finding software or a better support system, but in most cases those without credentials tend to be questionable and untrustworthy. How do we know for sure that the incorporation software that we purchased for $29.99 would stand up in a court of law? We just don't, and so we are forced to pay the big bucks to have it done right.
Labels: business startup
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