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6
votes
3answers
170 views

How can I split income with a person I never met?

I am currently working on a game for the Android devices with a person I found from a forum. I have never met this guy before and so far we have only talked on email. He is from the UK and I am from ...
0
votes
0answers
26 views

How do I find (small) businesses for sale in a foreign country

I am interested in buying a low investment business in a European city capable of (modestly) supporting one full time person. Cafe, retail or service businesses are all possibile targets. I'm at an ...
0
votes
0answers
18 views

To do Chatime Business [closed]

I would like to survey the place to setup my chatime business. How do i go about it? I want to know which place is available and convenience for us to open our shop.I want somewhere in Shah Alam ...
-1
votes
1answer
18 views

How do most chains fund initial expansion? [closed]

I am really curious about the primary method most chain restaurants use for funding their own expansion. Selling franchises is always an option but if the main company wants to retain ownership and ...
2
votes
2answers
82 views

Reassessing a 50/50 partnership, help appreciated

I decided to I wanted to franchise a retail business and a colleague said they wanted to see the business plan. They loved it and believed in the work I had put in a decided they wanted to go into ...
1
vote
1answer
66 views

Anyone have experience with Bank of America for a new startup?

I've looked over quite a few topics about people asking which bank is best for their small startup. It seems that Bank of America is a decent option (from the responses on this site). The other ...
0
votes
3answers
78 views

Partner with a friend who is non technical

Is it a good idea to get a friend on board who I trust and I know who can work hard but not very technical himself? He has got some good sales skills (not necessarily internet related). I am on the ...
0
votes
1answer
34 views

What entails conducting business in a state?

I am looking to form an Partner LLC in one of the tax haven states. I have been looking up the Pro's and Con's of doing this and it seems the major Con is that you still have to file and pay fee's in ...
6
votes
2answers
147 views

How should I approach the media and influencers about my small business software?

I recently spoke to the Director of Sales of a new, successful CRM software. He said a key part of their marketing is PR and getting the media to talk about them. We're building a software for small ...
8
votes
4answers
303 views

For alpha/beta testing, should I charge users or pay users?

I'm creating a mobile app for small business wholesalers and the alpha will be finished soon. I have done some face-to-face market research by visiting trade shows they exhibit in and showing them a ...
1
vote
1answer
177 views

S corp distribution income tax rate

I am the sole owner of an S corp and I am the only employee. If I make $100,000/year and I pay myself $50,000 as a salary and the other $50,000 as distribution. How much income tax do I have to pay on ...
1
vote
1answer
63 views

Should I register as a disadvantaged business?

Very serious about starting a small business. Recently have been introduced to the major U.S. small business category: Disadvantaged Businesses Looking further - a company comprised of 51% or more ...
0
votes
0answers
13 views

How can i find reliable fellow independent online retailers to blog about?

I am starting a blog to coincide with my online gift business and i want to write positively about other gifts i have found on the web. I would prefer to give credit to fellow small online independent ...
1
vote
2answers
200 views

Why “Big” companies acquire instead of just copying startups?

Most of us know the quote: “Good artists copy, Great artists steal” - Steve Jobs Copying and in extreme cases stealing is no news as a recipe for a successful businesses. Whether the term should ...
0
votes
1answer
50 views

California general partnership between minors

My friends and I have created an Android game that is free but has ads to generate revenue. For the purposes of taxation, we wish to create a general partnership in California, but we are all minors ...
1
vote
0answers
43 views

Recommended Readings for new Retail Store owners [closed]

We're looking to start up our first store. We're researching various locations/streets and getting feedback and comments from other store owners and friends. What are the best readings we should read ...
3
votes
4answers
155 views

How to acquire customers which are small businesses via internet?

We are building a service to help small businesses manage data they have in the cloud. We got to the point where we are profitable, but our growth is anemic. Our problem is that somehow a majority of ...
0
votes
1answer
43 views

Singleboard/SOC based products and IP laws for a small company

I run a small business in custom software development in Canada, and I think it has gotten to the point where I can release my own product. My question has to do with using existing ...
7
votes
2answers
337 views

How to politely reject regular offers for advertisement service that come from the same person?

I opened a gourmet shop 3 months ago. The same people come into my shop and offer various kinds of advertisement, and products that they think will fit into my store. When they come for the first ...
0
votes
0answers
104 views

Starting an online food retail store

Want to start an online food retail store selling mostly dried foods from all around the world. Start up capital is approximately $2000. I already have my online store application built, initial ...
3
votes
3answers
224 views

How realistic is it to fund grad school with a web start-up?

A little background first: I just got accepted to a one year master's program in chemical engineering at my school, but I need to find a way to come up with roughly $20,000 - $30,000 over the next ...
1
vote
1answer
119 views

LLC formed in WY, registered as Foreign LLC in CA, where to open business bank account?

Online, home-based company. Should I open a business bank account in WY or CA? Does this even matter? What different things do I need to be considering when making this decision?
3
votes
2answers
110 views

validating assumptions for MVP and acquiring small business customers

We offer a SAAS and I am at the stage where we have a MVP and are looking to validate our assumptions which is that small shop owners will make more revenue by using our system. Our target customers ...
1
vote
5answers
264 views

Best way to say that I charge for coming to you?

I need to tell someone that I charge for going to them. What is the best way to say this?
4
votes
3answers
185 views

Small App Development company with only 1 other person. Is it an LLC or Corp or

I am trying to start up a two person company for App Development. However I want to make this "professional". I don't know if I'm supposed to register my company or how to even start. Am I an LLC or a ...
3
votes
3answers
658 views

Do I need a small business bank account?

I am starting a small business with a partner in a another state. We already have an LLC established. I have done some googling the differences for a business bank account at various banks. Wells ...
4
votes
3answers
255 views

How do I choose an accountant for my small business?

I want to register a small work from home business and do yearly audits. I have found a tax consultant and we exchanged more than dozen emails. After I asked him about where he got his certification ...
1
vote
2answers
111 views

Stick with one technology or go for several technologies?

When starting a small software business what would be ideal and why? I mean in the context of technologies 1- Stick with only one technology ( ex: only Java ) 2- Go for several technologies ( Java , ...
1
vote
1answer
1k views

How to write a business plan with opensource software?

I have a business idea that I want to materialize into a business plan. This is my first attempt ever and I want to accomplish this with some open source tools. I know I can start typing down my ...
2
votes
3answers
93 views

How to market and distribute an app targeted to small retailers

In the planning stage of building an app with a monthly subscription element targeted to small business merchants having 1 - 10 retail venues. Looking for any advice on a go to market strategy to ...
5
votes
6answers
857 views

What is the difference between a startup and a small business?

I've had a conversation with some friends recently on the differences between a startup and a small business. One of my friends said that a startup in a brand new company, which aims to scale fast and ...
2
votes
4answers
270 views

On a Startup, do you track your time as an investment?

I am starting a small venture to attack a niche. It might turn in something bigger, but it all depends on the trend that I am following. I will put some money down to hire a sales rep, but most of ...
12
votes
4answers
2k views

The 100k per Employee Rule in Small Software Business

I remember that Joel Spolsky said that for every 100k of yearly revenue, fogcreek will add another employee. And from my observation, this rule seems quite general among small software related ...