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Should I rent my restaurant to my business?

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  • Should I rent my restaurant to my business?

    I plan to open a restaurant and have created an LLC. What would be the best way for the LLC to operate out of the restaurant property that I currently own?

    How would I account for my expenses in the property (mortgage payments, taxes etc..) Should I rent it out to my LLC? That would subject me to rental tax.

  • #2
    Spline milling cutters

    Spline Milling Cutters for Straight and Involute Splines with/without lugs

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    • #3
      Re: Spline milling cutters

      Talk to your bankers (I mean the kind of bank where you, your parents and your kids have accounts). YES ban is also quite supportive of start-up's (From what I've heard).

      Call it traditional mindset, but I really do not believe in the concept of Healthy dining (especially since it is dining out). Having said that, best of luck for your venture. I live in BLR, so mail me once you have started out.
      =============
      the office forum
      Rhythm 'n Swaffleband

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      • #4
        Re: Spline milling cutters

        Yes you can rent your restaurant for a business.By doing this you can increase your business.You can also manage your business strategy with this idea.I think this idea is good for you.In this way a normal person can also maintain their business.

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        • #5
          Re: Spline milling cutters

          Sorry, No idea.
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          • #6
            Re: Spline milling cutters

            Hello,
            Even I feel the best thing to do is talk to your finance manager. They will surely have a way out and will let you know what you can do.
            I sincerely have no idea about it. Or else would have helped you out.
            But anyways serious matters needs serious attention.
            Thank You
            Small Business in India | Buying Leads | India Finance

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            • #7
              Re: Spline milling cutters

              i dont have much idea regarding this, but i think that you can rent your resturant for business. that was good idea for your long term planning and generate profits.
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              • #8
                Re: Spline milling cutters

                yes, you can rent your resturant to your business doing this you can increase your business.You can also manage your business strategy with this idea.I think this idea is good for you.
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                • #9
                  Re: Spline milling cutters

                  yes you can rent their is no issue dude.and you will get some new opportunity and money to explore more in the market
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                  • #10
                    Re: Spline milling cutters

                    I sincerely have no idea about it. Or else would have helped you out.
                    But anyways serious matters needs serious attention.
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                    • #11
                      Re: Spline milling cutters

                      I am about to embark on my first real business opportunity to bake pies for a new restaurant that opened in my neighborhood. ... in labor and fixed cost like rent so, do I divide the hourly rental fee on top of my wholesale cost? ...
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                      • #12
                        Re: Should I rent my restaurant to my business?

                        Hello,
                        I Agree with your idea and it have LLC so not any problem in business,
                        I know one restaurant and its give all services and its open with same your idea.its website is :
                        http://www.orangeblossomcatering.com/

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                        • #13
                          Re: Spline milling cutters

                          I am about to embark on my first real business opportunity to bake pies for a new restaurant that opened in my neighborhood. ... in labor and fixed cost like rent so, do I divide the hourly rental fee on top of my wholesale cost? ...
                          Body Armour | Safeguard Clothing

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                          • #14
                            Re: Spline milling cutters

                            Off course you can give your resturant foryour business because in this way you earn a lot of money.
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                            • #15
                              Re: Spline milling cutters

                              Stay focused and identify your purpose while writing. Don't use buzz words and come straight to the point and try to clear your points as simply as you can.Be humble while writing and editing.
                              Find here thousand of suppliers, Wholesalers, manufacturers at single place.

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