Re: X-Bats earns MLB suspension
Drew,
You bring a good point regarding the use of the trademarks. Many small bat companies don't put team names for a reason - because they can't. It is one thing to be approved for use in the MLB and approved to use the MLB name on your product.
I agree! If the owner of X-Bats is only making $50K a year, he is a poor businessman and needs to reconsider a new business model or product. As someone else suggested, it is very easy to put every member of your family on the payroll and pay them a "fair" salary. The IRS only requires you show a profit 3 out 5 years in operation.
Thanks,
Drew,
You bring a good point regarding the use of the trademarks. Many small bat companies don't put team names for a reason - because they can't. It is one thing to be approved for use in the MLB and approved to use the MLB name on your product.
I agree! If the owner of X-Bats is only making $50K a year, he is a poor businessman and needs to reconsider a new business model or product. As someone else suggested, it is very easy to put every member of your family on the payroll and pay them a "fair" salary. The IRS only requires you show a profit 3 out 5 years in operation.
Thanks,
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