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Updated over 4 years ago on . Most recent reply

User Stats

51
Posts
6
Votes
Mauricio Quintana
  • Houston, TX
6
Votes |
51
Posts

Turning a marketing small biz to a remodeling small biz. Y or N?

Mauricio Quintana
  • Houston, TX
Posted

Hi BP family,

I'm about 6 projects into my REI career so still relatively new. I was recently furloughed from my 9-5 so I'm going into real estate full time. My next project I will be self managing. It makes sense for me to start a contracting company to manage my own projects. Here's my question. I have a internet marketing business that I've had for about 7 years. It's completely passive and I only have one customer that is taking a major break due to CV-19. I was thinking it would be better for me to simply change the name of that business and change the category from marketing to general contracting. I want to do this to keep the history and keep the high credit limit I have on a business card.

Any feedback on possible roadblocks that could arise out of doing this?

Thanks in advance!

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