User Tag List

Reply
 
LinkBack Thread Tools
  #11  
Old 10-06-2009, 01:09 AM
DarkWhoppy's Avatar
Rookie
Thread Starter
Join Date: Oct 2009
Posts: 4
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Default

Joining OOIDA seems to be a good decision. Although, from what I see on their website they are geared towards owner-operators. My dad is moving from being an OO, to a small business owner. We've become an INC even though we're still small.

Is there any difference when signing up as an INC instead of an individual?
Reply With Quote
  #12  
Old 10-06-2009, 04:27 AM
SickRick's Avatar
Board Regular
Join Date: Apr 2009
Posts: 210
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Default

Quote:
Originally Posted by DarkWhoppy View Post
Joining OOIDA seems to be a good decision. Although, from what I see on their website they are geared towards owner-operators. My dad is moving from being an OO, to a small business owner. We've become an INC even though we're still small.

Is there any difference when signing up as an INC instead of an individual?
You're BETTER OFF forming a Sub-S Corp. At least you get a "little" shielding from personal liability. Though nowadays, at least CREDIT-WISE - personal guarantees are required unless you have a really good D&B rating, which is acquired though years of successful, financially responsible operation.

Even as a "leased on" owner of equipment, your dad has ALWAYS been a "small business owner". Obtaining his own authority simply makes him a CARRIER, rather than a lease-on operator.

OOIDA membership is a good thing, and the "process agent" benefit pays for the membership fee on it's own (at least the first year).

Keep reading, keep learning, keep on trucking...

Rick
Reply With Quote
  #13  
Old 10-06-2009, 01:48 PM
Bigmon's Avatar
Senior Board Member
Join Date: Jan 2006
Location: North East
Posts: 1,199
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Default

Quote:
Originally Posted by DarkWhoppy View Post
Joining OOIDA seems to be a good decision. Although, from what I see on their website they are geared towards owner-operators. My dad is moving from being an OO, to a small business owner. We've become an INC even though we're still small.

Is there any difference when signing up as an INC instead of an individual?

If you're talking about OOIDA, it doesn't matter what you are.
Reply With Quote
  #14  
Old 03-25-2021, 08:08 PM
JennyLucas39's Avatar
Rookie
Join Date: Feb 2021
Location: Centennial, Colorado
Posts: 2
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Default

You should consult with any good process agents. everyone giving his own opinion and advice according to their experience. Contact wit a good agent to solve out all your problems so you can boost up your business. I always consult with the A+ agents of process, they are now like my family process agents but no doubt they help me a lot with their reliable and affordable services.
Reply With Quote
Reply





Thread Tools

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 Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 08:09 PM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2021 DragonByte Technologies Ltd.