I have been presented the opertunity to enter a competition through school where I can set up my own company. In doing so I have come to realize alot about the industry but still need some questions answered. The first question I have is: Is there any thing beter than a sole proprietership? I mean seriously, the worst part about publishers is that if you dont hit deadlines they can sue you for the lost revenues... or can they not? The second is more of a multiple question: Under tyhe business platfirm that you suggest what are the neccesarry steps to follow and what are the estimated costs? I know that you need to register your co. name with the state, register your trademark, but past that there was nothing I could find (even the all powerful google couldn't help). I ask for just a rough estimate for the start-up costs because it is obvious that it will very quite abit from state to state. Thanks for you help. ~Wise Edited by - Wise Ass on March 10, 2002 2:21:03 AM

quote: Original post by Wise Ass
I have been presented the opertunity to enter a competition through school where I can set up my own company. In doing so I have come to realize alot about the industry but still need some questions answered.

The first question I have is:

Is there any thing beter than a sole proprietership?

Depends on the type of business and how much money is changing hands. Many business start as a sole proprietor and file as something else later on.

quote:
Under tyhe business platfirm that you suggest what are the neccesarry steps to follow and what are the estimated costs?

I know that you need to register your co. name with the state, register your trademark, but past that there was nothing I could find (even the all powerful google couldn''t help). I ask for just a rough estimate for the start-up costs because it is obvious that it will very quite abit from state to state.

Filing costs are very low. Most of the ''startup cost'' is inital employees, equiplment, inventory, etc. This all depends on the type of business and the costs in your particular area.

Never ever work with Xing Interactive as an indie but go trough the self publishing model and publish otherwise with Dexterity software! Dexterity got very good referentions.

Limited Liability corporations are nice but limited I didn''t realy like the lay out from what I read. I did how ever decied to be a full blown corporation.

From what I have found getting trademarks and the corporation established cost is under a thousand dollars.

As far as self-publishing, I have talked to WIll Wright and he said "You might make enough to keep fed through self-publishing but not much more".


Thanks for your help so far guys.
~wise