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Ray
Reynolds...
"Do
You Need Corporate Credit To Get Started In A Home
Business?"
Ray Reynolds, founder of the Ray Reynolds
University, offers products designed to guide you through the red tape
of legal documents and tax strategies and the advantages of setting up
corporations. When Do You Need To Set Up Your Home
Business
As A Corporation?
First you need to analyze your business
needs. Does the business require large product inventory? What is your
projected cash flow and liability for the year? Do you need an enormous
advertising budget? These are just a few of the questions that you need
to consider before incorporating your business.
If your personal liability is going to be
large and you need to borrow a substantial amount of capital to get or
keep your business going, forming a corporation would be worth the
investment.
Ray Reynolds products will guide you through
this maze and teach you how to protect your assets and securing
corporate credit.
For most home based business owners, at most
a LLC (limited liability corporation) is all that is needed. When I
first started, before I established an LLC, I ran my business without
forming any type of corporation until I began creating a significant
profit.
There are some advantages to establishing
corporate credit and at some point down the road you may want or need
to do it and Ray Reynolds Plan is a great place to start.
The Cost
Ray Reynolds offers a variety of products
that range from $499 to $3,000. He offers a monthly payment plan which
will help you afford some pretty steep costs. The one thing that really
turned me off to The Ray Reynolds Plan, was the online support which is
free for 30 days then it costs you $29.95 per month. I am a firm
believer that support should be unlimited, especially if you spend a
grand or more to purchase their products.
For beginners in home businesses I would
recommend getting into profit first, then establish your corporation
and educating yourself with some of Ray Reynolds Material. Of course,
this is not legal advise, just my opinion so if you are at all
concerned about your liability, talk to legal counsel.
As with any home business or program, a good
successful mentor is key to your success and will cut your learning
curve in half and bring you into profit much sooner. A good business,
strong mentor and a desire to learn and take action will propel you to
success.
Are you looking for something new? If you'd
like to see what a business that has been a proven winner for me,
simply Click Here
and take a peek behind the scenes.
Don't
get involved with any business because it works for me or anyone else.
Please make your own decisions and don't be influenced by hype.
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