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Old 03-14-2007, 05:28 PM   #23
capesams
Really Old & Really Grumpy
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Join Date: Jun 2002
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What I was saying is that if you sink[spend] $10,000.00 in setting everything up..they give you 3 years to break even on what you've spent...expenses vs profits....after those 3 years are up that you should be making a profit beyond expenses..otherwise something starts to smell fishy to them.You can't have a loss in your operation year after year after year.

Everything you buy to set up shop with that you'll need to make that product that doesn't go out to get sold ,the state will tax you on it[in manufacturing]..they call it use tax..your town will tax the same items too...it's called excise tax.Everyone going to get a cut of your money but you.

BOAT fish do count.
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