Bizops

Business Operations notes created by h0lybyte and Ziggy9263.

by Ziggy9263

3 min read

Business Operations

This document will go over the basics on business operations, following this basic bullet point list below:

Create a holding company that has nothing to do with me personally (e.g. Magic 8 Ball Holding)
Since it is a holding company, it can only own shares
Then make the LLC for whatever I’m trynna do, owned by the holding company
The more nested the holding companies are, the better
The purpose for this is to remove liability and add extra steps just in case

Structure

The way that you setup the company makes a difference when it comes to taxes, liability, ethics and several other factors. These are the two current structures that we alluded to during one of our meetings, but we can expand upon them and add more later down.

Beta Setup

Init. Beta Business Setup

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Name	Description
Holding Company	To remove liability from me, anonymous based in Wyoming. Only owns shares in other companies.
Investment Company	To shelter any risks the VC company could face by sponsoring, or etc.
VC Co.	Actually owns shares in the companies that make the money.
Finance Co.	Accountant & Law Firm for the Holding Company
Parent Co.	Operating Company. These are the ones that handle operations within this structure.

Initial Setup

Initial Organizational Structure

Initital Setup

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Setup the holding company with the Wyoming Law Firm
- Search the terms Real Estate
- (“Digital Real Estate”)

Sigma Setup

Sigma business operations setup

Sigma Setup

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Name	Description
Holding Company	To remove liability from me, anonymous based in Wyoming. Only owns shares in other companies.
Investment Company	To shelter any risks the VC company could face by sponsoring, or etc.
VC Co.	Actually owns shares in the companies that make the money.
Finance Co.	Accountant & Law Firm for the Holding Company
Parent Co.	Operating Company. These are the ones that handle operations within thin this structure.

When you buy the property, the leasing co you have has no direct connection to the actual property owner.

Funding Notes

Funding Information

It takes money to make money! Capital and access to credit/debt markets are two fundamental areas when it comes to company health, formation and its future.

VC

Venture Capital is a common source for funding when dealing with startups.

Here are a couple popular references to reach out once your MVP and strucutre is ready.