Home Plumbing Contractor Free Plumbing and Heating Contractor Business Plan 2.1 Business Ownership
2.1 Business Ownership
Central Heating and Plumbing is an S Corporation with two shareholders - Felix Gonzalez who and Michael Lombardi. Both Felix and Michael each own 50% of the shares of the company which was incorporated in Mecklenburg County in the State of North Carolina in July of 2014.
While both Felix and Mike had the opportunity to bring in more partners and increase the number of shareholders and capital, they both decided that they preferred to keep the size of Central Heating and Plumbing small for now. While discussing the various structures of business entities, they both felt that it would be safest for them not to go with the path of a Limited Partnership given the high levels of liabilities associated with the plumbing and heating business. Instead they both took the advice of their CPA and decided that forming a C Corporation was the best solution for them.
Quick Links:
- Go to the Corresponding Template section for this industry.
- Go to the Corresponding Questionnaire section for this industry.
Small Business Owner Resource Center
Articles on the Small Business Financing Sources, the Small Business Loan Basics, small business loans Checklist and SBA Loans are incredible sources of knowledge for the small business owner.
Credit Report and Credit Score Analysis, how to Read a Personal Credit Report and all about Business Credit cover the intricacies of credit and are required reading for everybody.
The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!
The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.
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If you are looking to start a business - look no further. Check out the Free Incorporation Guide discussion and the State Incorporation Resource Directory.
