Ideas for a business for people with no specific business ideas

Status
Not open for further replies.

WorldCitizen99

🗣️ Active Recruit
Jun 6, 2022
223
0
36
Haha
OK slightly facetious but not totally

There are undoubtedly benefits to starting a business
-writing off expenses!
-asset protection
-possibly tax deferral
-possibly getting residency permit out of it
-avoiding inheritance taxes

This has to be balanced with the costs of starting and maintaining it plus the inconvenience of any filing requirements.

How do you start a business for someone who has no specific biz ideas and no biz experience but wants the above benefits?
 
interesting idea - never thought of that -‍ I always try to reinvent the wheel and I never end up with a wheel⁠

I mean I know people can set up⁣ a company that is primarily an investment portfolio and if it includes any real estate⁢ they can say that managing the property and renting it out is the purpose of︀ the company or just calling it an investment company...I don't really know what you need︁ to show to a bank in terms of a business plan for you to get︂ a bank account, for example..
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu