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Old 10-06-2009, 01:09 AM
DarkWhoppy's Avatar
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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?
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Old 10-06-2009, 04:27 AM
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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
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Old 10-06-2009, 01:48 PM
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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.
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Old 03-25-2021, 08:08 PM
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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.
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