I’m thinking about starting a business to clean my money. But what kind of business?

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  • #34866 Reply

    [ARCHIVE QUESTION]

    Originally asked in NGB forums:

    #34935 Reply

    [ARCHIVE ANSWER]

    Starting a small business can help you clean the money. You can pay yourself and hire a
    staff. Your main goal is to balance the company so that you wouldn't loose money on it
    but you could use it to make "real" money. That way, you could deposit every week a
    good amount as a paycheck and have the money legally. Later, if you want to buy a
    house, and the bank checks your account activity, they would give you a loan.
    What kind of business you want to start really depends on your interests. You could open
    a smoke shop, a head shop, a comic book shop, a video game shop, a vending machine
    service, bars, clubs, restaurants, car washes (coin or non-coin operated), a dry cleaner, a
    massage parlor, or a repair shop. If you start a head shop or anything, do not deposit too
    much money because then it looks like you're using your business to front drugs.
    If you file a DBA as a repair company, for instance, open an account and deposit the cash
    as it comes in.

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