Your Own One-person Division

Solo W-2™ — Your Own One-person Division

The Power of One Supported by Many

Solo W-2™ operates like a one-person corporation. However, instead of your being the sole employee of your own, tiny, one-person business you are the sole employee of your own one-person division within a large corporation, benefiting from the administrative support and economies of scale that only a large corporation can give you.

	An Assemblage of Profit Centers

		One can easily appreciate the simplicity and elegance of Solo W-2™ by comparing it with some very familiar business models.

		For example, you may view Solo W-2™ as a large company with many different departments or divisions, each with only a single employee.

		Another example is a headquarters office with many, small, one-person branch offices.

		Yet another example might be a franchise with multiple franchisees.

		Each department, division, branch office or franchise operates as a separate profit center. The manager of each profit center is individually responsible for making sure that the profit center does, indeed, make a profit.

		There is no commingling of accounts, so you always know exactly the status of your division's revenues and profits.

		Wages and bonuses are paid separately out of each profit center's individual revenue stream. Your gross wage equals 100% of your division's profits. It's as simple as that.

	Sophisticated Accounting Procedures

		Solo W-2™ utilizes a proprietary, report-generation application to keep track of your division's revenues and expenses. Fundamental to Solo W-2™ are the same generally accepted accounting principles (GAAP) employed by all businesses. In other words, there is nothing unique or out of the ordinary in the way that Solo W-2™ conducts business.

		What is unique is the fact that you receive a complete accounting (similar to a profit and loss statement) of the revenues and expenses that contribute to your gross wage.

		Full disclosure and complete documentation mean you always know exactly the status of your division's revenues and profits.