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Contract. In the event that sign the best document, an individual entering a contract. Starting a business lets you sign and enter into contracts on behalf of the business -- the agreement will be between the other individual and your company, not you. OFor losses from 2003 and later: If losing exceeds your other income for the year, could possibly amend taxes from the past two years to acquire a tax reimbursement. This is called an NOL carry-back. Most g