Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Sole Proprietorship & Taxes Question

General Business Discussions

A place to talk about general business discussions.
Thread Tools Search this Thread
Old 01-30-2006, 04:58 PM
mowboy mowboy is offline
Lawn Care Business Consultant
Join Date: Mar 2005
Location: Vancouver, BC
Age: 49
Posts: 76
Rep Power: 0

Our question today is from Alan. He asks:

Joel, I am going to start a lawn mowing business this year. I have the mower already. *If it is going to be a sole proprietorship, does everything have to be purchased in the business name, or can it be purchased in my name? *Does it matter either way? *Just curious when it comes to tax time with depreciation and write offs.

Hi Alan,

Way to go for making the move to starting your own business!

Yes, if you are a sole proprietorship, everything can be purchased in your name. Or in the company name. Since you and the company are the same entity, it really makes no difference if the company name or your own name appears on an invoice. So when you are collecting your tax receipts, don't forget to include them all regardless of whose name is on the bill.

Please investigate your local/state laws for any specific rules for running a sole propietorship.

Good luck with your business this year Alan!
Joel LaRusic
Consultant/Author, Start & Run a Landscape Business
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator



Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Say Hello !!!
03-19-2007 11:18 AM
10-21-2016 10:11 AM
by Steve
1,262 446,865
Been here for a while
01-29-2014 04:49 PM
10-12-2016 09:57 AM
by Steve
3 1,550
Any successful one man...
09-26-2016 06:04 AM
10-06-2016 05:07 PM
by WarriorLandscapingCAN
9 801
Is there a sticky about...
10-03-2016 06:08 PM
10-04-2016 09:50 AM
by Steve
1 201
What were your top...
09-13-2016 05:10 PM
09-30-2016 11:49 AM
by AKDave
6 2,544
Define Successful
Fireman Gus
05-10-2012 05:12 PM
09-30-2016 11:39 AM
by AKDave
12 5,855
A quick Intro
08-14-2016 05:17 PM
09-29-2016 12:53 AM
by myrlage
3 1,672
Enter to win Free...
09-25-2016 11:28 AM
09-26-2016 05:41 PM
by Steve
1 577
» Popular Tags
annual apartment become an entrepreneur best mower be your own boss bidding business business education business help business management complex contractor hacks contracts convention converting customer dethatcher edging entrepreneur entrepreneur education estimate estimates fuel problems fuel pump half moon blade intro introduction jjandm lawncare landscape landscape design landscaping landscaping design company landscaping richmond va lawn lawncare lowering grade marketing mulch planting raising grade residential lawn care richmond va richmond virginia lawn care seasonal snowblower snow plowing snow shovel sprayer start a business start a lawn care business start business start up toro timecutter townhome tree tree service web design websites what to charge work from home z-max z-spray
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 07:44 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 07:44 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy