DEMO - Venture Smarter

1. Do you plan to run the business alone or with partners? *AloneWith One or More Partners

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2. Do you plan to distribute profits equally among owners? *Yes, we want equal profit distribution among all partners.No, we want to distribute profits based on ownership percentages or contributions.

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3. Do you expect to make more than $50,000 in net profit per year? *Yes, I expect to earn over $50,000.No, I expect to earn less than $50,000.

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4. Do you want to minimize self-employment taxes? *Yes, I want to reduce taxes even if it means more paperwork.No, I prefer simple tax filing.

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5. Are you planning to hire employees (besides yourself)? *Yes, I plan to hire employees.No, it will just be me or my partners.

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6. Which of these statements best describes your tax priorities? *I want the simplest possible tax situation, even if I pay a bit more.I want reasonable tax simplicity with partnership flexibility.I'm willing to handle more complex tax filings to potentially save money.

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7. How do you plan to handle business profits? *I plan to reinvest most profits back into the business (which can reduce immediate personal tax burden).I want to take significant distributions to myself/partners (where S-Corps can offer tax advantages through salary/ distribution mix).

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8. Do you want your business structure to help you raise capital more easily? *Yes, I need a structure that makes getting loans or outside funding easier.No, I don't need external funding.

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