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Sole prop buying a trailer
Started a sole proprietorship this year. Selling handmade goods online and in person. Interested in buying a small trailer for transporting my booth setup for markets/craft fairs/vendor shows. Since starting later in the year, my sales will only end up around $4000. The used trailer would be about $2000. I have other startup expenses totaling around $600. Can I go ahead and have the business buy the trailer this year or should I buy it personally and have the business buy it from me next year when sales number will (hopefully) higher?
‎October 25, 2023
10:03 AM