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Old 03-25-2015, 10:27 PM
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Jeff_cvc Jeff_cvc is offline
Jeff R
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Join Date: Feb 2015
Location: Denver
Posts: 324
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Robert - for tax purposes and liability reasons, our lawyer suggested we use a second corporation as we open our second restaurant. Each restaurant has its own corporation, so if we get sued, they can only come after one restaurant and not take down both of them. And, for reasons I can't explain, our accountant suggests this route for tax purposes. None the less, our restaurant is a high end quick service style, featuring artisanal pizzas and salads, using organic, and local produce, meats and ingredients. The corp. name doesn't necessarily have to have any relation to the restaurant. Our first corp is called Simon6toes, INC. This is in reference to our cat of 16 years that passed years ago, his name was Simon and yes, he had six toes.
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