Re: Setting Up Business - Requesting Advice
OK fellas. It seems to me that very valid points on each side of the table have been made - Lets not let things get too far beyond "discussion".
Thank you :)
Re: Setting Up Business - Requesting Advice
Hi Rudd, you have valid points but you forgot one thing... the OP already said, "it's time to see an accountant". So, that part is a given. But, Jerhart has a valid point as well that advice from experienced breeders are valuable when talking to said accountant - so the OP can float to the accountant (who may not be familiar with reptile breeding) some of these ideas to see how it can all work out with the OP's situation. It is always good to come to the accountant with some information already (like, possible types of business structures) so that the ideas are coming from both sides of the desk. I wouldn't have known to float the farm-type structure idea and the accountant may not even think of it as well. This just gives you more ideas to consider.
There's a reason we go to these forums and that is, to get some specialized information on reptiles - husbandry, breeding, etc, from those "in the same boat". Any advice you get from the internet, friends, family, anybody, is always just that - ADVICE. It is up to the person seeking such advice to weigh the validity of the advice given and see how it can help in his situation. Telling the OP not to take such advice is an insolence to both the OPs intelligence and the intelligence of the forum members.
Just my 2 cents. Off the podium now...