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Monday, April 22, 2013 9:02:18 PM
Almost sounds like you have yourself set up to have these companies funnel down money into your privately held company......
something pretty creative about this
I collect $1 per year salary from RLA so as to minimize payroll pressure on its financials. My management company, ZMJ Enterprises, collects (or tries to collect) a monthly consulting fee from RLA. For the moment we minimize the payout to ZMJ to help RLA. My ad agency is the "agency of record" at this time, because it's my creativity and my agency's designers, expenses, etc. that do the marketing and pr work for RLA and ATYG. That work is invoiced from ZMJ Advertising to RLA. My compensation comes primarily from my ZMJ company, from ad agency clients, etc.
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