As far as combining into a corporation think about the following. How many people are going to be involved and not to be negative but how many potential problems will each party bring? I've heard of more than one operation permanently broken apart by a feud that started after the corporation was formed. If your corporation as you propose it fell apart could you survive on your own? The worst thing I ever did which is a bit different than what we are talking about was combine everything into one account for loan purposes. It left me no room to maneuver when things got tough and I had to sell ground that I would not have if I had left things separated as was before. Think long and hard about this. It might be worth giving up some short term benefits to keep things intact for yourself and maintain control for yourself.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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