In 1998 Kid Rock rapped in the hit single ‘Cowboy’ about how he wanted to start an escort service “for all the right reasons.” I remember at the time not knowing exactly what are the right reasons for starting an escort service. I recently heard the song again and realized that 12 years (wow!) later I still don’t know.
If anyone can shed some light as to what are either, or both, the right and wrong reasons for starting an escort service, I would love it if you would share. If there is someone out there who used to run an escort service, until one day you sat down after a long day of escort servicing and thought to yourself, “This is just not fulfilling. What am I doing with my life? Should I go back to school? Did I start my escort service for all the wrong reasons?”, then you are exactly the person I want to hear from.
Also, if you are currently still running an escort service and fear that you are in it for the wrong reasons, then you might want to contact Kid Rock. As far as I know he never got around to starting an escort service for all the right reasons, and he might be interested in purchasing yours. Although, I don’t know to what extent ‘starting’ and escort service versus merely ‘owning’ one plays into Mr. Rock’s escort service ethos. If the purchasing instead of starting is a minor point to Kid Rock, then I would suggest the latter, if only because of the dismal statistics on the success of new businesses. It seems like buying an established escort service carries substantially less risk than trying to start one from scratch. Plus, although I’m not familiar with the capital investments that starting an escort service might entail (std testing? lingerie? beds? makeup?) I would guess that there start up costs that could be avoided by acquiring an established escort service.
In a related point, in Nevada, where prostitution is legal, can the owner of the escort service take depreciation deductions on the call girls? I mean, they’re definitely wasting assets with a known useful life. (biting my tongue very hard to keep from making an allocation-of-basis joke) If the escort service pays for implants, is that a regular expense or a capital investment? If the escort pays for them herself, can she write that off, or is there too much of a personal consumption element? If I was my tax professor I would have had that as one of the hypotheticals on my exam.
I suppose that’s why I’ll never be a tax professor. I’ll also never be the owner of an escort service, if only because I could never tell if I was in it for the right reasons.
Ryan
P.S. You should hire my wife to do your wedding/engagement photos/senior pictures/portraits/photo booth, because I really like to eat. See her at TyraBleek.com
