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Old 10-16-2013, 10:28 AM
 
Location: Atlanta (Finally on 4-1-17)
1,850 posts, read 2,582,557 times
Reputation: 2581

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I know of a guy that has his business in Tuscan but lives in Chicago.

I know of several people in Ohio that have businesses in Texas.


How about you?
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Old 10-16-2013, 02:01 PM
 
18,921 posts, read 57,666,184 times
Reputation: 33821
Lots of businesses are incorporated in states other than the residence of the owners. There can be tax and legal advantages. Investors and retirees often have on-site management that reports to them. With IP cams it is pretty easy to check up on what is happening in stores and around the tills. Computerized POS programs allow instant access to sales across the internet.
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Old 10-16-2013, 04:16 PM
 
Location: Atlanta (Finally on 4-1-17)
1,850 posts, read 2,582,557 times
Reputation: 2581
Quote:
Originally Posted by harry chickpea View Post
Lots of businesses are incorporated in states other than the residence of the owners. There can be tax and legal advantages. Investors and retirees often have on-site management that reports to them. With IP cams it is pretty easy to check up on what is happening in stores and around the tills. Computerized POS programs allow instant access to sales across the internet.

You're telling me something I already know.

My question was DO YOU know anyone?
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Old 10-17-2013, 09:20 AM
 
18,921 posts, read 57,666,184 times
Reputation: 33821
Not that it is any of your business, but I AM one with a business like that. Thanks for shouting. Perhaps if you repeat yourself in a larger font, more people will respond... or not.
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Old 10-17-2013, 10:35 AM
 
Location: Atlanta (Finally on 4-1-17)
1,850 posts, read 2,582,557 times
Reputation: 2581
Quote:
Originally Posted by harry chickpea View Post
Not that it is any of your business, but I AM one with a business like that. Thanks for shouting. Perhaps if you repeat yourself in a larger font, more people will respond... or not.
I'm asking for a specific reason, not trying to be noisy.

You didn't have to respond.

You don't learn unless you ask questions. I'm sure you tell you staff that, don't you?
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Old 10-17-2013, 12:54 PM
 
Location: Living on the Coast in Oxnard CA
16,255 posts, read 28,224,502 times
Reputation: 21629
Quote:
Originally Posted by Rocco Barbosa View Post
I'm asking for a specific reason, not trying to be noisy.

You didn't have to respond.

You don't learn unless you ask questions. I'm sure you tell you staff that, don't you?
OK, I will bite. You asked the question for a specific reason. Many posters would have placed the reason in the first question. It helps save time for those of us that don't have a clue. What would the reason be anyway?
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Old 10-17-2013, 01:02 PM
 
Location: Living on the Coast in Oxnard CA
16,255 posts, read 28,224,502 times
Reputation: 21629
Since you asked though. I have known people that have had business operations in more than one state. One business was started here in my city and the owners, friends of ours, opened another larger operation in another state. They eventually moved to that state while keeping the operation opened in our area.

Another friend owns a company called Neff Headwear and he has business units in 3 or 4 states. His products are sold in 40 differant nations. The head quarters is here in the area though.

Another friend owned a lumber company back in the 80's and 90's. He had a mill in Oregon and a couple lumber yards in California along with his corporate office staff.

A friend of my parents had an oil company in Oklahoma while he lived in Westlake Village Ca. He still lives in Westlake but the oil company is no more.

I have known people that have opened locations in differant states. One family had a retail location in the Phoenix area and a few in So California.
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Old 10-19-2013, 04:11 PM
 
529 posts, read 634,053 times
Reputation: 274
Is this a joke?
Buy a share of SPY and now you own 500 companies.
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Old 10-24-2013, 04:46 PM
 
13,693 posts, read 16,421,782 times
Reputation: 16694
Quote:
Originally Posted by Rocco Barbosa View Post
I'm asking for a specific reason, not trying to be noisy.

You didn't have to respond.

You don't learn unless you ask questions. I'm sure you tell you staff that, don't you?
Are you rude to everyone?
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