Wanting to start a company

Date 10-13-2008 23:10

I am wanting to start my own company and was wondering if somebody could tell me what all I will need to be able to start up my operation.

By fbrieden (***)

Date 10-14-2008 02:50

MONEY...and lots of it!

By swsweld (****)

Date 10-14-2008 03:05

Insurance and a good accountant.

What kind of business? NDE?

You will need a few months of operating cash until you start receiving from your invoices unless you can get paid quick. I get paid 30-45 days after I invoice.

Regardless of the type of business the insurance and IRS burdens weigh heavily on small businesses.
Quickbooks software helped me to be able to handle the financial records.

Oh yea...you will need lots of good, paying customers.

By raptor34 (**)

Date 10-15-2008 22:01

Im wanting to start an nde business. Most of the work in my area is pipe line work, but we do have 5 power plants and 2 refineries and to many gas plants to count. I was wanting to start with 2 or 3 rt rigs and was told about 250k to 300k to accomidate that.