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I can start a business and you can help :)

Posted by JasmineHart on July 25, 2024 at 5:02am in Men's Fashion Forum

I'm considering start a business where i lease a car that i purchase to whoever has the need. It would be thru using the Turo Application. It will not be my car or the family car. Stricktly a car to be available for leasing all the time.
Also i am an Uber driver which is my own business too. So here what i'm thinking.
I Uber and save some money for a down payment on a good car, with record of good ROI.
I assume i will need to have a LLC and, i think what that looks like is, i have an LLC for the Uber business with a little capital saved up and record of earning a profit to start the Turo car rental.

Does this make since? I don't want to risk any of my personal credit or cash just want to have the Uber/Turo combo business disconnected from all my personal stuff.

I would appreciate any insights, warnings, you may have.

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Replies

  • Sabrina Paronto July 25, 2024 at 11:24am
    One thing to keep in mind is keeping track of your time and tasks efficiently, especially as you juggle both Uber driving and managing a Turo car. I think that using a https://planfix.com/features/time-tracking/ could be really helpful for you. It will allow you to manage your schedules, keep track of your business tasks, and ensure everything runs smoothly without mixing up your personal and business activities. This way, you can focus more on growing your businesses without getting overwhelmed by the operational side of things.
    Time Tracking - Features & Uses | Planfix
    Planfix allows you to track employee working time to calculate payments for employees paid per hour. See a full list of Planfix features to learn mor…
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