Hello all. I am close to landing my first project that will require
fabricating some equipment to be sold to my client, who will sell to his
customer. The best description of this arrangement is that my company is
sub-contracting. The end user views us as technology partners with my company
providing high-tech expertise. I have a FEIN & am set up to resell goods with
my state. How does the the purchasing, reselling, & filing sales tax work for
this situation? I am a sole-proprietor Georgia LLC. I am reselling to a
Florida based company. Thanks for helping out a rookie.
BizResearcher | Window Shopper |
12/11/2012 - 11:58 am
Your best bet is to talk to your accountant, or if you don't have one, to
engage one to set up your accounting system correctly for you. You will need
an accountant eventually, so it is better to get one involved early on so you
don't make mistakes that could take time and money to correct.
JGabriel | Community Moderator |
12/10/2012 - 12:05 pm
Try getting in touch with a local Small Business Development Center or SCORE, two of SBA's resource partners. They're located across the country andprovide free business counseling and answers. Visit our local assistance guide to find your local SBA resource partners by entering your zip code. Another approach that may be useful is talking to a mentor who could offer you specific guidance.
BizResearcher | Window Shopper | 12/11/2012 - 11:58 am
engage one to set up your accounting system correctly for you. You will need
an accountant eventually, so it is better to get one involved early on so you
don't make mistakes that could take time and money to correct.
JGabriel | Community Moderator | 12/10/2012 - 12:05 pm
Join The Discussion
You must be logged in to join the discussion. If you already have an SBA Community account, Log In to join the discussion.
New users, Register for a new account and join the conversation today!