I have opened two business' in the past three years. The first one was a hotshoting business me and my dad took on together. We called the company 'Shardi Services Ltd.' We run, basically a delivery business for the oilfield, on call 24/7. Drilling rig blows an engine in the middle of the night, they call us, tell us where the new one is, and I head out with my diesel and gooseneck and I am there and back as quick as possible with the new one. Its actually a fun job, with the exception of long hours, and we have grown to the size that we might hire another guy on this spring when we start farming. When starting in the oilfield like we did, customer base is extremely important. We never turned down a haul, no matter the time or length of the haul. That gave us a good reputation in the field with guys, and in that business its all about who you know.
My other business is a farming business. 'Serfas Land & Cattle Company'. Basically made this business up for tax purposes. I get the discount of running a business other then sole prioprietorship, plus a few other goodies. Works out real handy and don't need to fuck around with the goverment as much. Only downfall is the paperwork can get out of control, especially when you are buying parts and crap. Plus it's easier to determine your finanacial help and/or aid when the goverment is giving handouts!
Both business' I opened at the lawyer's. Cost me about $1500 bucks for each one. Good Luck
