If Texas were an independent country, its $1.65 trillion GDP would make it the 15th largest economy in the world, just ahead of Saudi Arabia's $1.62 trillion economy.The United State's $17 trillion economy is so enormous that the 51 smaller economies of the states and Washington D.C. that combine together to make that national economy are comparable to nation-states in their own right.We recently featured a map made by American Enterprise Institute's Mark Perry that compared each state's 2013 GDP to a country with a similar GDP level.The US Bureau of Economic Analysis just released their estimates for 2014 state GDP, and the CIA World Factbook has estimates for 2014 GDP for 194 countries.

According to the Howey test, an instrument is only a security if it involves an investment of money or other tangible or definable consideration used in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others.

That turns a lot of folks off, especially lenders and insurers - sometimes even potential business partners and investors.This would be better:ABC Enterprises, LLCdba ABC Investments An entity can have multiple "doing business as" names.

You have to be an owner/operator of the business, and the enterprise needs to be engaging in a true business providing a product or service - not passive investment holdings such as rental properties. 

Free enterprise was essentially abolished.

I would agree as well though since you are starting out you don't have assets to go after if you are debating with yourself on the cost of incorporating.As for myself I plan on getting a couple deals under my belt, whether they be wholesale or rehabs, to have the money in my war chest to put into place the foundation I need and then fund my enterprise.

(2) Is the investment a common enterprise?

Anyway, apparently in the mid 2000s, a group of enterprising individuals figured out that if they dropped a ton of credit card apps at the same time, the credit card companies would approve them before they realized what was going on and the hit on their credit score would be minimal.

In this age of communication innovation another visage point is the question that guides economics: profitability vs. need.I was once a big social-media buff but reconsidered (though it's still a great way to connect with those separated by spatial-temporal barriers).Personal socialization is inherently different than any business enterprise because enterprise is led by a measurable outcome.Lastly, many are running the error of not adding the labor/capital spent developing this new business "arm" into their overall question of profitability.

At the end of the day you have to focus on Rachel Gill Enterprise.