Business & farm

Thank you for clarifying that @JamesG1 

 

so in 2022 we were not "Open For Business" based on the criterias because we had the following costs:

 

1- LLC Formation cost -> Organizational cost

2- Equipment cost (Laptop) -> Startup cost

3- Consultant fees (training purposes) -> Startup cost

4- Market research tool subscription fees -> Startup cost

 

we did not have inventory so all of the above fees are then considered "training fees" and are part of startup costs. is that correct?