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<p>[QUOTE="snewman, post: 1226040, member: 31036"]Thinking about opening up a coin shop as I get closer to retiring. Any thoughts about the benefits of starting up an LLC now while still building inventory? Should allow for current storage in the home and in safety deposit boxes, publications, etc... If I wanted to hit a coin show as a dealer, then it would be doable to see if I enjoy it. Not to mention asset protection too.</p><p><br /></p><p>Side topic.. if anyone has opened a shop before, how much did you feel you needed between capital and inventory to start out?</p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="snewman, post: 1226040, member: 31036"]Thinking about opening up a coin shop as I get closer to retiring. Any thoughts about the benefits of starting up an LLC now while still building inventory? Should allow for current storage in the home and in safety deposit boxes, publications, etc... If I wanted to hit a coin show as a dealer, then it would be doable to see if I enjoy it. Not to mention asset protection too. Side topic.. if anyone has opened a shop before, how much did you feel you needed between capital and inventory to start out? Thanks![/QUOTE]
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