Exploiting Hollywood 1980.

Chapter 122 Registered Company
"You'd better register a corporate entity, Ronald." Darcy Maguire suggested to Ronald while drinking in the bar next to the company.

"Originally, we BBDO hired you to provide director services this time, but now you have provided a series of services such as directing, filming, casting, post-production, and so on. This way, it is more convenient to have a company, and it will be convenient for you in the future. Get more ad business like Derry Scott."

Darcy took two pina coladas from the bartender and offered Ronald one.

"Cheers!" Ronald took a sip of the pina colada, a cocktail that had suddenly become popular in New York recently. "I'll let my lawyer do it."

"Finally passed the first hurdle and reached the step of field market testing." Darcy Maguire sighed, "Being a professional woman has to overcome a lot of additional difficulties. Do you think we will win?"

"Of course, why do you ask that?" Ronald laughed. "Didn't you see that those secretaries remembered our advertisement in the end? When they went to the supermarket to buy chewing gum, they would buy whoever could remember the brand." .”

"I'll keep an eye on Dan, they've got a lot of tricks to do in supermarkets and grocery stores. This time with your ad, I'm going to give him a hard time."

……

"Where you plan to register the company, you will pay taxes there. So I suggest you register this advertising film and television production studio in Manhattan. The profit of this kind of production company will not be too high, and the tax payment is to obtain social services Foundation.

If most of your ad business is filmed in Manhattan, those taxes are a guarantee that you will be treated fairly by the law and local agencies in the future. "

This kind of production company, as the private lawyer Lindsay Doll said opposite, will not have high profits. More importantly, it is a platform that can receive business on the one hand and expand contacts on the other.Ronald followed suit and decided to register in New York.

"What would you like your firm to be called?" Attorney Lindsay Dole asked.

"Let's call it Ronald Lee Film and Television Advertising Production Company." Ronald decided to follow the American tradition and register the company name with his own name, so that others would know whose company it was at a glance.

"The current federal income tax and state tax, based on your annual income, the highest part probably needs to pay 30%-50%. You have to find an accountant to handle these matters."

Lindsay Dole put away the company's information and reminded Ronald, "Do you need me to introduce one for you?"

"With such an expensive income tax, am I not working for the federal and state governments for nothing?" Ronald complained to the IRS again in his heart. The current annual income is relatively high, and it is no longer suitable for flying in places that cannot be scanned by the radar in Los Angeles. up.If the tax payment is not handled well, next year I will be bankrupted by the IRS.

I wanted to go to the 54 Club, which I didn't get into. Because one of the bosses talked nonsense during the interview, I earned millions of dollars every week, and now I'm caught in the IRS investigation.The New York City government also canceled their alcoholic beverage license and had to do a temporary license for that kind of wedding use every day.

In America, you can make a high-profile publicity, but if you flaunt your wealth everywhere, you will be targeted by the IRS.

"Okay, give me your candidate's phone number, and I'll see you later." Ronald began to plan his own advertising business.

"How's your leg warmer business going?" Lindsay was sorting out the information while drinking Pina Colada. Ronald felt that the bar he and Darcy went to last night was a good one, and that's where he met the lawyer lady to talk about things today.

"Not bad, my aunt and Trisha Kate are doing very well on Staten Island." Ronald also took a sip of his cocktail and said, "How about my patent application?"

"According to the usual process, it will take another 10 months. If you want to speed up, I can switch to an express application, so that next year...the patent will be obtained around the end of February."

Ronald counted the time, "Then turn it into an express application for me. Aunt Karen said that Teresa plans to come to the dance school on Manhattan Island to try to sell. If this is the case, it will be very disadvantageous if there is no patent, and the imitation of pirated It'll be out soon."

"I have to go to the hearing of a criminal case." The lady lawyer stuffed the materials into her bag, picked up a sandwich, bid farewell to Ronald, and hurried to the nearby court.

……

"I plan to go to the performing arts college to sell first, and then after forming a certain stable customer group, I will recruit workers to specialize in production, get rid of the current state of piecework, and after making profits, we can open a monopoly in Midtown Manhattan shop."

Teresa Ketra came to her husband David, and they were talking about their business plans to Ronald.

"What do you think? Ronald, can you license your patent to us?"

"What do you think, David?" Ronald turned to David, asking his opinion.

"Teresa can represent the two of us," David said, looking at Theresa lovingly.

David worked in the old Douglas cable factory, and Theresa was his high school girlfriend. After high school, the two parted ways. David went to work in the factory, and Theresa went to Manhattan.

David is an ethnic minority, a descendant of immigrants from Armenia. It is not easy to find a wife at the southern tip of Staten Island. Instead, he saved a little money by being honest and hardworking, and just paid the down payment to buy a small house.

The house was also developed by the Douglas family.

Just when his high school girlfriend came back from Manhattan, the two rekindled their old relationship and married soon after.

Ronald saw that David was a worker who was able to save a family business and get a wife back from Manhattan. He was not as honest as he seemed. Armenians are also known for being good at doing business, so they should have thought about the whole business.

On the contrary, it was Teresa Kate, whom he met on the ferry. Although she had worked hard in Manhattan for ten years, she only looked at other people's business on the report and had no practical experience.Although her vision is very broad, she might have come up with the idea of ​​selling leg warmers to high performing arts professionals.

"I can agree to your terms and authorize the leg warmer business to you, but I have a few conditions."

"Okay, tell me, Ronald." Teresa Kate put on her glasses, took out her notebook and began to record.

"First, my aunt Karen must have a stake."

"That's no problem, we were going to get your Aunt Kate to do it, she's got a knitting talent, and she invented some of the patterns we sell now."

Ronald nodded. He also wanted to use this business to improve his aunt's life.

"Second, on Staten Island, I didn't charge you licensing fees, but in Manhattan, the market is huge, so I have to charge for patent licensing. If you do business in Manhattan, the distribution of Staten Island must be given to Aunt Kate .”

"It's reasonable, there is no problem. We will give you the patent licensing fee based on the market price."

"Third," Ronald looked at David, "I believe in David's vision, this business must have David's share, and he must participate in the operation."

"Why, don't you believe in my ability?" Teresa Kate still didn't say a word, did Ronald have to discuss business with her husband because she was a woman.

"Of course not. I believe in your marketing ability, Teresa, but I also believe in David's vision. His ability to marry you proves his vision and ability."

"Yes, he loves me very much." Tereza looked at David full of love. The two got married not long ago, and it was the stage of deep affection.

"But I still have to work in the cable factory. Both of us can't have fixed income security, my dear." David is still very clear-headed. Maybe his family education taught him the importance of planning money early on, and he doesn't want to spend everything as soon as he gets married. Assets are risked in a business.

"Actually, David can work part-time in Staten Island to organize production." The more Ronald looked at David, the more he admired him. This is a man who has clear thinking about his future. "Leg warmers can only be sold to dance students, and bought After one or two pieces, it will be difficult to buy more, so our production capacity in Staten Island should be sufficient in the short term.”

"We can still find Little Bard's mother," Aunt Karen listened for a long time, and finally found a chance to interject, "The black women in the Bronx are very good at knitting, and we can also include them in the scope of the work. , as long as Little Bud’s mother is responsible for checking the quality, the family members of our veterans are very responsible.”

"Then how do we calculate our respective shares?" Teresa Kate deservedly came from Wall Street, and quickly thought of the issue of property rights.

Ronald thought for a while, and then discussed with Aunt Karen, "Our current scale is not large, so why not calculate it first, my aunt Karen is in charge of production coordination, and David helps her with quality inspection.

We supplied it at wholesale prices to Theresa, who hired one of Bud's sisters to sell it among the students.Except for a fixed patent fee per piece, profits from the retail portion go to Trisha and David. "

In this way, Ronald's family and David's family have their own priorities, and they also have their own people in the business that the other is in charge of. In the early stage, when the sales volume is not large, the two parties will cooperate well.

"If you think it's okay, we can arrange it like this." Ronald held out his hand.

Trisha looked at David, who nodded slightly, and the two shook hands to finalize the cooperation.

Aunt Karen cooked dinner for Theresa and David.Ronald drove to Totterville Secondary School to pick up Donna from school.

……

"Donna," Ronald waved to Donna.

"Ronnie, you're here." Donna was very happy, and got into Aunt Karen's Volkswagen SUV.Ronald drove to pick Donna up from school. "Goodbye", Donna rolled down the window and bid farewell to her classmates.

"Who is he?" two female students asked.

"It's my cousin Ronald. He also played 'High School Rock'. Have you seen it? He was the one who proposed in that phone booth."

(End of this chapter)