The Scalzis Go Corporate
I have previously and briefly noted that we over here at the Scalzi Compound have had some business reorganization going on, but now that all the applicable business licenses have been filed, paperwork done and bank accounts opened, it’s time to expand on that news a bit.
The short version is that Krissy and I now have three corporate entities to cover our various business and philanthropical interests. They are:
Scalzi Enterprises: Which will handle the development/merchandising/licensing of Scalzi-related intellectual property, both existing and upcoming;
Church of the Scalzi: Which despite its name is neither a religious endeavor nor a cult, but is our real estate holding company for The Old Church and other properties;
The Scalzi Family Foundation: Our non-profit corporation, which will be the vehicle for our charitable and philanthropical giving beginning in 2023.
Why do this? Well, because at this point it makes sense to, both for organizational and legal reasons. Krissy and I have long talked about doing more with the ideas and properties that I create and develop, and needing both space and a business structure to deal with that. This is the primary reason we bought The Old Church in the first place, you may recall: So we could have office space for the companies we planned to have. Now, as it happens, having that particular space also opens up more potential for the things we can do, which dovetails right back into having these new companies, so that’s nice too.
We have lots of plans for these new companies (well, for Scalzi Enterprises and the Scalzi Family Foundation; Church of the Scalzi is just an unsexy but useful way to organize our property), but I should stress that everything is in very early days, and basically still being built out. Do not expect vast amounts of ScalziProduct™ from Scalzi Enterprises in the near term. Also, if you start lobbying me for grants, funds and donations from the Scalzi Family Foundation any time soon, you’re going to be disappointed. Sorry. Please be patient. It’s all me and Krissy at this point, and we have other jobs, too.
(On the flip side of this, you can’t donate to the Scalzi Family Foundation, either; it operates under very specific rules, which means it’s difficult for anyone but us to put money into it.)
Also, for those of you who are now mildly worried that you will get no more novels from me as I strive to become a Content Tycoon: Don’t panic, I am not giving up my very fun and really profitable day job. It’s the basis on which all the rest of this proceeds. Indeed, if everything works out right, you will get more work from me, not less, as we build processes that let me do what I am good at (writing, selling, developing more things to write and/or sell), while Krissy, as CEO, does what she’s good at (business, did you know she has a business degree? She does!), and the business builds from there. In the meantime, however, writing books is my bread and butter and will continue to be for the foreseeable future.
That said, again, we have plans. If we can get them off the ground, it could be interesting. Stay tuned.