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  Q1: What is the best way to pool our money together and still be able to report our earnings regularly. I don’t know much about a corporation but someone mentioned that I should form that. (2 pieces of advice)

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  by FortulaFecund 

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  11.13.07 | 01:50 AM

  You can never go wrong with any kind of cleaning service.
  It does not matter if you are the best, only the first.
  Like the Wright Bros. were not the best but they were the first and that is who people remember.

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  by Angel 

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  11.12.07 | 08:39 PM

  You should form a corporation because the internal revenue service will want to know where you are getting all of this income that you are not getting a W-2 for but it is going into a bank account. It you setup a corporation then you can open a business bank account and deposit checks made payable to your company and either put yourself on payroll or draw. Depending on how much of your own cash you used and personal credit to start your business. We help individuals set up companies, LLC's S Corps C Corprations and help you write a business plan for a bank loan and much more. We wish you the best! Angel Business Management Consultants

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       (2 pieces of advice)

   

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  by duckwalk 

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  03.14.08 | 06:32 PM

  Find out how to get a business license from your city or county. A local bank may help you. You will need to have a green card. Ask any bookeeper or buisness owner you know ( grocer? hairdresser? mechanic? a more established group of cleaners) for advice on keeping your accounts accurately.

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  by duckwalk 

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  03.14.08 | 06:29 PM

  Many housekeepers use this business model - several cleaners travel together, clean faster, get more done, provide backup for each other when one is sick, protect each other in bad neighborhoods, etc. Can you get a bank loan for a car? If you have been cleaning a long time and have reliable customers, the bank may provide a small loan for a car and vacuum cleaner. It only takes a little money to get started -- but many people forget how hard it is to get that first little bid. Good luck!

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