Opening New Business which State is Best

[diablo]

Im opening scrap metal business for scrap aluminum and copper. Which state in your opinion has best regulatory environment and inventory to start this business.



I am in CA now and am getting hosed.

[Scrap man]

Definitely not NY. You'll lose half your profits to taxes before you even get it. I heard Texas is best

[submarinepainter]

http://chiefexecutive.net/best-worst...s-for-business

it looks like Texas and South Carolina are the best and they are warm lol

[EcoSafe]

well by the looks of things here my guess would be China or India.

[gustavus]

Im opening scrap metal business for scrap aluminum and copper. Which state in your opinion has best regulatory environment and inventory to start this business.

I am in CA now and am getting hosed.

Shortest route to China or India, go for a sea port city.

[EcoSafe]

very good Gus didn't know that many people knew China controls over 85% of our sea ports through leases and "government" contracts, including both ends of the Panama canal.

[High Voltage Processing]

Are you going to process it or sell it?

[drozenski]

Im opening scrap metal business for scrap aluminum and copper. Which state in your opinion has best regulatory environment and inventory to start this business.

I am in CA now and am getting hosed.

You can incorporate your business in any state you want and but have your address in another state.

http://www.businessknowledgesource.c...le_026649.html

Nevada and Delaware are best.

[High Voltage Processing]

True but the problem with that is that most states will kill you if you are incorporated in another state and do business there. It is a good excuse to tax the crap out of you as a foreign company. All you are really getting is protection from lawsuits because of favorable courts. There are some tax breaks but the fact is most if not all states will tax you on revenue gained in their state.

Before someone mistakes the term, in government foreign is what they call a company in another state. Alien is what they call a company from another country.

[ChinaRedneck]

Jacksonville, Florida

Is a great place as the Governor is spending a lot of dough to upgrade the port on the news that China is widening the Panama Canal for increased traffic.

[TheHoss]

Idaho!

I know what yer thinking, "Whats an Idaho?"

[IdahoScrapper]

haha. there's mr tater. was wondering where you've been.

[TheHoss]

haha. there's mr tater. was wondering where you've been.

Hahahaha. Been busy with them dang TV's man. I actually was wonderin if you wanted the bigger tv's, like 27 inch and above? I got WAY too many of em, and i'm tired of movin the big ones around. Bein totally serious.