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Re: IMPORTANT: Looper CD final word and contracts
I'm not a business major, but basically there are different types of
partnerships. One is known as an S-Corp. where people get together and
some papers which state they are now in business as whatever. It requires
at the state level and identifies the people and assumed business name.
tax ids and other stuff is required.
Contracts are very important for this effort. If people do not have a
vision of what is owed them based on their contributions and someone starts
whole bunch of moola on it, get ready to find a chat room for fighting
So, two issues which you may want to investigate would be the contracts for
producers to issue to the contributors, and then what you need to do to
so that your corporation is liable and not you.
Hey, I am not a lawyer and don't know this stuff, but at some point, this
John Peters (ANET@AOL.COM)