SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to entrepreneurship or self-improvement
or post your stories or articles.....

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Reply
 
Thread Tools Display Modes
  #1  
Old July 14, 2008, 12:45 AM
Jerryrm
 
Posts: n/a
Default My Son (a minor) Wants incorportate to Follow Me in an online business

He is only 15 and can only join this online program if he is somehow a legal business entity since he is too young to participate on his own or even with my approval.

Does anyone have any experience or knowledge of how a minor can become a corporation, perhaps as an LLC or something like that?

Thanks,

Jerry
Reply With Quote
  #2  
Old July 14, 2008, 03:29 AM
Ankesh's Avatar
Ankesh Ankesh is offline
Senior Member
 
Join Date: Sep 2006
Location: Mumbai, India
Posts: 653
Default Re: My Son (a minor) Wants incorportate to Follow Me in an online business

What online program is that?

Most online websites are above-13. Only if they have to make a payment do they require above 18. But even then, you can convince most of them to let your son work their site / system and make the payments in your name.
__________________
Are you frustrated with the internet marketing b.s. out there where you have to sieve through 10 good articles to find 1 good actionable idea? Then bookmark WarriorBulletin.com.
Warrior Bulletin is a community curated link sharing website for internet marketers. Save your time and read only the best internet marketing articles and ideas.
Reply With Quote
  #3  
Old July 14, 2008, 05:13 AM
Phil Phil is offline
Senior Member
 
Join Date: Sep 2006
Posts: 1,770
Default Re: My Son (a minor) Wants incorportate to Follow Me in an online business

Could just be a drive by self-promotion spam type Question... Hopefully not...

But to keep things interesting and some food for thought...

If you're in the US...

It's in here somewhere...

As Ankesh suggested...

Help your son get started with the details in your name...

Just make sure you put together a well thought out Legal Agreement...
http://www.entrepreneur.com/formnet/legalforms.html

As Kids today are Getting Smarter by the minute, especially once they get a taste of Entrepreneurship...

Bet the Internet's going to Grow a whole new Trend on “Mega” Kid business success stories as the internet evolves in the next few years...

http://www.usa.gov/Business/Business_Gateway.shtml
http://www.business.gov/guides/busin...ion/index.html
http://www.sba.gov/smallbusinessplan...-Federal-_-SBA

Phil
Reply With Quote
  #4  
Old July 22, 2008, 08:31 PM
Jerryrm
 
Posts: n/a
Default Re: My Son (a minor) Wants incorportate to Follow Me in an online business

Thanks, guys, for your responses.

Here in Colorado I found out those under 18 must be co-signed with a parent/guardian but it looks like the online legal services don't do well with that sort of thing so we may have to go through an attorney, which I was really hoping to avoid.

Other states may be different and I have yet to decide which to check in to. If you have ideas of which states may be best to incorporate in, let me know.

Thanks,

Jerry
Reply With Quote
Reply


Thread Tools
Display Modes

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

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | The Great Ideas Letter on CD | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Writer's Friend (software) | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

All times are GMT -4. The time now is 01:03 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.