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I don't get your last, wouldn't a company be required to register income and not only expense? How would your example work?
by pdimitar 4y ago
I don't get your last, wouldn't a company be required to register income and not only expense? How would your example work?
- wpietri 4y agoMembers paid in, money got paid out to vendors. It would have been more convenient to have a separate company with its own legal identity and bank account and not be tangled up in the individual finances of one person. Even though the long-term goal was explicitly not to make money.