trinity-devel@lists.pearsoncomputing.net

Message: previous - next
Month: March 2012

Re: [trinity-devel] Raising funds for TDE

From: "David C. Rankin" <drankinatty@...>
Date: Mon, 05 Mar 2012 21:31:14 -0600
On 03/05/2012 09:10 PM, Calvin Morrison wrote:
> paypal is really easy to use without having an account. Only Tim needs
> one. Everyone can now pay via credit/debit without an account. I say
> that is the best way
> 
> https://www.paypal.com/uk/cgi-bin/webscr?cmd=xpt/cps/general/OptionalAccount-outside

Think about long term fund-raising: I still have my long-sleeve T-shirt (good
quality) that reads: "SAMBA Opening Windows to a Wider World" from the 2.0.7 days.

A black long sleeve t-shirt with a white TDE logo (start menu style) might do
OK. We all drink coffee, etc..

Also, facebook / whatever the latest marketing link is can also help.

From a banking standpoint, if you want to open an account in a trade name, you
will need a separate business entity in order to comply with bank regs. (i.e.
Trinity Desktop, LLC) Otherwise you can simply use your name and a separate
designation. (i.e. Timothy Pearson - TDE operating account)

If you do want a separate entity, use the LLC. Costs next to nothing, provides
same protection and benefit as corp., with passthrough tax advantage of a
schedule C sole-proprietorship, with no formal recording requirement. State
filing fees are generally about $350.

-- 
David C. Rankin, J.D.,P.E.