Becoming a car consultant.QA I'm thinking of starting my own consulting business in order to help people save money when they purchase a new automobile. I worked in the car business for two years and want to use all my experience to help people. I'm not sure where to begin as far as my legal structure is concerned. Any help would be great. --B. Holland Via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the It sounds like you are interested in becoming an auto broker, who typically helps car shoppers find a desired new or pre-owned vehicle and negotiate the price before buying. To improve your chances of succeeding, you should have more than two years of experience under your belt. Contacting a few of the successful auto brokers in your area will help you find out how they operate their business. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jeff Fortson, an Atlanta-based automotive consultant and the editor of JeffCars.com, brokers are typically paid in a number of ways. "A broker can be paid a flat fee by their client or a flat fee by the dealer," explains Fortson, who notes that some brokers may charge a percentage of the MSRP MSRP Manufacturer's Suggested Retail Price MSRP Message Session Relay Protocol MSRP Multi-Species Recovery Plan (US Fish & Wildlife Service) MSRP Member of the Society for Radiological Protection (UK) . "Fees can range from an average of $400 and up, depending on the price of the vehicle." Choosing the right legal structure for your business is important for both legal and tax reasons. A sole proprietorship A form of business in which one person owns all the assets of the business, in contrast to a partnership or a corporation. A person who does business for himself is engaged in the operation of a sole proprietorship. works best for a one-man consulting operation. Many self-employed consultants choose it because it's easy to set up. Mail your small business questions to Savvy Savvy® Gynecology A contraceptive vaginal gel that ↓ transmission of STDs–eg, HIV, chlamydia, gonorrhea. See Contraceptive. Solutions, BLACK ENTERPRISE 130 Fifth Ave., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10011 or send an e-mail to johnsonj@blackenterprise.com. |
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