Stuart Ablett
Member
- Messages
- 15,917
- Location
- Tokyo Japan
Yep the time has come, I'll still be at the Liquor shop, but I'm starting my own business. In the beginning, I'll be mainly working for the shop fixing stuff.
This is what has started everything.
The MILFH owns a small apartment house, it is only 4 small apartments. We had the roof leak badly, and one apartment was badly damaged, and the roof was fixed and the apartment was really nicely redone, the roof and the reno of the apartment cost over $50,000
So, there are two more apartments that need fixing up, the MILFH says she has no money to pay to have them fixed, I have a buddy living in one, he just wants a cheap place to live, so it is OK, for now.
The other one, she says she cannot afford to fix it, it needs a new bathroom and new floors in the kitchen, and all new wallpaper etc.
I told her the materials to fix it up, on a rough estimate, would cost around $1500 to $2000. Right now the apartment is not rentable.
When fixed up, we will get between $500 and $600 a month. Makes sense to fix it up and then rent it, right?
Well, she says she does not have the money
So, this is the offer, I'll pay everything myself to fix it up, my labor and the materials, then, once it is rented, she will pay me back each month.
She agreed to this, as even if I actually make some money, she, will stand to benifit in the long run, as six to eight months later, she will have paid me off and will be getting the money for herself.
To do all of this, I'll need to start a company, I will need to give her an invoice for the work for paying taxes.
Now, my question to you guys, what should I call my company?
I can call it just about anything I like but, I want it to be all inclusive.
Calling it "Stu's Woodworking" won't do, as the rules for running a company here, in Japan, are interesting in several ways, one is, when I originally file, I have to give them an idea of what I expect to be doing, so if I put "Woodworking" then I'll be stuck if I want to, say, import tools, I'd have to start another company....
My wife thinks it is best to stick with our family name, so the idea is "Ablett Enterprises"
Anyone have any other suggestions?
Yes, this is a sort of stealth gloat as well!
This is what has started everything.
The MILFH owns a small apartment house, it is only 4 small apartments. We had the roof leak badly, and one apartment was badly damaged, and the roof was fixed and the apartment was really nicely redone, the roof and the reno of the apartment cost over $50,000
So, there are two more apartments that need fixing up, the MILFH says she has no money to pay to have them fixed, I have a buddy living in one, he just wants a cheap place to live, so it is OK, for now.
The other one, she says she cannot afford to fix it, it needs a new bathroom and new floors in the kitchen, and all new wallpaper etc.
I told her the materials to fix it up, on a rough estimate, would cost around $1500 to $2000. Right now the apartment is not rentable.
When fixed up, we will get between $500 and $600 a month. Makes sense to fix it up and then rent it, right?
Well, she says she does not have the money
So, this is the offer, I'll pay everything myself to fix it up, my labor and the materials, then, once it is rented, she will pay me back each month.
She agreed to this, as even if I actually make some money, she, will stand to benifit in the long run, as six to eight months later, she will have paid me off and will be getting the money for herself.
To do all of this, I'll need to start a company, I will need to give her an invoice for the work for paying taxes.
Now, my question to you guys, what should I call my company?
I can call it just about anything I like but, I want it to be all inclusive.
Calling it "Stu's Woodworking" won't do, as the rules for running a company here, in Japan, are interesting in several ways, one is, when I originally file, I have to give them an idea of what I expect to be doing, so if I put "Woodworking" then I'll be stuck if I want to, say, import tools, I'd have to start another company....
My wife thinks it is best to stick with our family name, so the idea is "Ablett Enterprises"
Anyone have any other suggestions?
Yes, this is a sort of stealth gloat as well!