Why We
Went Sub-S
by Andrea Morgante
"President of the corporation" is
certainly not a title I could have
imagined 12 years ago. I had just
completed a graduate program in
landscape design, moved to Vermont,
and was anxious to learn the
construction aspect of landscaping.
Within a year I found myself working
with three other landscapers,
informally collaborating on design/
build jobs. We talked about
formalizing the work arrangement, but
mostly we just got jobs, hired each
other, got paid, and started the
process all over again. This changed
when we learned that an older
Going sub-S allowed us to
be shareholders, officers,
and employees.
contractor in the area was ready to
retire. We bought his client list, and
that was the impetus