glad_duck

5 ms·

1.
by glad_duck 3mo ago
So the only companies in Germany that are accepted are those that have positive net assets (equity), otherwise it doesn't work. Let's say I took a 100K loan, 25K won't solve any problem here. Can't take 100K loan with 25
2.
by glad_duck 3mo ago
Really? There are tons of ways to cheat and game any system, including consumer protection. No laws can close this completely. Darwin award is still a thing and will always be.
3.
by glad_duck 3mo ago
It's not a hyperbole. Generous return terms means you are paying more for goods, everybody does. Where do you think goods returned to Amazon go to die? They are sold at discount, and Amazon is not dumb, they are not working at a loss,
4.
by glad_duck 3mo ago
Since my business is in MA it doesn't matter where my LLC is, I would have had to pay registration fee for "Foreign LLC" in MA to stay legal. That is in addition to fees I would have paid to DE. Not sure if MA is so unique, b
5.
by glad_duck 3mo ago
B2B company in the US rarely sell to consumers either and their return policy is very different. Not necessary "no return", but only if damaged, not per spec etc. Since we don't have consumer protection laws here I guess it&#
6.
by glad_duck 3mo ago
That's why they are dying (those who tell you to take a hike). Why would I buy from a small business without a possibility to return if I can buy from Amazon with guaranteed 30 days? It's your choice. Honestly, I bought enough stu
7.
by glad_duck 3mo ago
So don't subscribe. It's not that hard to cancel though, yes, you need to spend some time on the phone.
8.
by glad_duck 3mo ago
Don't buy if you don't like company policy, no need to have a law. There is plenty of choice in the US. Some companies even offer 90 days (again, no laws required).
9.
by glad_duck 3mo ago
It depends on the means of production (Marx had the point). One thing is if you want to open a factory, then those regulations and limitations may protect the market, consumers and reduce fraud. If you want to start a software company and s
10.
by glad_duck 3mo ago
Whoa, not that fast. It will take a few days at least, depending on your state. Surely not 152 though.
11.
by glad_duck 3mo ago
It's funny, so it's not even an authorized capital? That one can usually be spent. So these 25K is simply put in the bank as a guarantee? For what exactly? Like if somebody wants go give me a loan they will look at this number and
12.
by glad_duck 3mo ago
If you register your company in WY but will be doing business in e.g. MA, you will have to pay registration fee in both jurisdictions. Doesn't sound like a saving to me. If you mean why not register in your state, then Delaware has som
13.
by glad_duck 3mo ago
Haven't heard anything about LLC capitalization in this context. Liability shield can be pierced, but only if LLC is misused (i.e. "when the company is treated as a personal "alter ego" and used to commit fraud, injustic