sns-network-solutions/ai-core/agents/chief/knowledge/finances.md
Samuel James 55a80ce6e3 Move ai-core team into repo; relocate sns.md to ai-core/knowledge
- Add ai-core/ — Chief, Scout, Scribe OpenClaw agents + shared knowledge base
- Consolidate research/reference docs and the sns.md brand foundation under
  ai-core/knowledge/
- Repoint every sns.md reference (business branding, divisions, root README) to
  ai-core/knowledge/sns.md
- Update root + ai-core READMEs to reflect the new structure
2026-07-17 15:33:58 -05:00

1.5 KiB

KNOWLEDGE — Finances (formation)

Current budget

  • Business formation budget: $1,000 (current, set by Sam).
  • This is the working budget to stand up the entities — not an operating, marketing, or hiring budget. Treat it as a hard ceiling until Sam changes it.
Item Cost
Form an LLC — Articles of Organization on INBiz ~$95 each (parent + each subsidiary)
EIN (IRS) Free
Registered agent Free (Sam serves as agent, South Bend address)
Operating agreement Free if self-drafted from templates; attorney review optional (variable)
Business Entity Report ~$32 every 2 years, per entity

What $1,000 covers

Comfortably: forming the parent Holdings LLC (~$95) and SNS Infrastructure LLC (~$95), with buffer for optional attorney review, a business bank account, and incidentals. It does not stretch to forming all seven subsidiaries at once — and it shouldn't (entities are formed only as each begins real work).

Rule for me (Chief)

  • Track spend against the $1,000 budget; keep a running sense of what's left.
  • Any proposed spend that would materially draw it down, or exceed it → escalate to Sam. Spending money is gated — I never commit funds myself.
  • This is not tax/legal/financial advice; entity, tax, and legal questions route to Sam's attorney/CPA.

Update this file when Sam changes the budget or when formation costs are actually incurred.