Dotster
Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old 01-20-2008, 05:56 PM
Junior Member
 
Join Date: Oct 2007
Posts: 7
Question about my vending business...
I have a couple locations and I am going to invest in another 3 locations with possible extra machines on the side that go with it. The thing is, I have not registered it as an actual business and I'm not familiar on how to do that. I was talking with my friends uncle who owns a convienient store and he said if the location that my machines are in went out of business, I would have no right to say that I had ownership of the machines if it wasn't in a written document made by my bookeeper called an 'assume'. He wasn't born in this country so his english may have been a little off, so I was wondering if anybody can help me protect my investment.

How do I provide proof that I have ownership of these machines and the locations they are at so they can be protected if the business were to close down or any of their employees damaged the machines?
ClutchHost - cheap domains, affordable hosting, superior web development
MadeInDetroit is offline
Submit to Facebook Tweet This
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote

  #2 (permalink)  
Old 01-20-2008, 08:53 PM
BusinessAdviser's Avatar
YE Expert
Send a message via AIM to BusinessAdviser Send a message via Yahoo to BusinessAdviser
 
Join Date: Nov 2007
Location: Springfield, Missouri
Posts: 5,295
Hmmm. I don't know about you having no right to your machines. However, I would think you were crazy if you didn't have written evidence of your property being located in another's business establishment already.
BusinessAdviser is offline
Submit to Facebook Tweet This
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


YoungEntrepreneur Logo Featured on: Business Week About Alltop Wall Street Journal
Dotster