My first business closed its first year at $165k in sales. We only used Instagram for marketing and spent less than $2500 in ads and collaborations. Here are a few things o learned. small business |
- My first business closed its first year at $165k in sales. We only used Instagram for marketing and spent less than $2500 in ads and collaborations. Here are a few things o learned.
- Closing an LLC
- Any whitefaced booking system for vehicle rental online..
- Kids channel with 23ksub looking for collaboration or partnership
- Need to get out of dog daycare & boarding business with my dad. Help!
- 10 Social Media Marketing Mistakes That Must Be Avoided
- Dissolving my CA single owner LLC after 5-months (Tax question?)
- Is it common (or possible) to own a small business as an investment while working full-time?
- Do I need to do anything special to do business in Canada (located in FL, USA)?
- Dealing with Payroll and Workman's comp
- What's a software you can't live without?
- New player to the game! Please help!
- Want to run a promotion for online reviews; how do I verify?
- Best bookkeeping and inventory tracking program
- (US) Looking to hire remote (AU) non-resident employee
- Small Business Logo Use
- Any "Self-Help" type books that aren't heavy on religion?
- What to include in a digital marketing strategy
- Can I incorporate in another state other than where I work?
- As a SBO, how to psychologically deal with losses due to your own inefficiency?
- The barrier when selling video
- Small Claims Judgment in OC Calif
- Need Your Help. Looking for T-Shirt Partnership. Burly Fitness - (www.burlyfitness.com)
- I wrote a booklet on starting a business at the farmers market!
- Can I use a personal checking for a business account?
| Posted: 05 Jan 2018 09:00 PM PST In no particular order, here are a few things that helped contribute to a successful first year. INSTAGRAM RELATED...
GENERAL BUSINESS PRACTICES... *note these were successful for our product (luggage) and business model and will not apply to every business
AMA if you have any specific q's Happy New Year! [link] [comments]  |
| Posted: 05 Jan 2018 05:57 PM PST We've basically always been self employed, but tried to be real adults about it a few years ago. However, we live in NJ, so it was no fun. Nothing devastating happened, we just pretty much stopped working for the LLC. I have continued to file taxes, and file sales tax records. what do I need to do to be done with this? Can I just close the bank account? Thank you. [link] [comments]  |
| Any whitefaced booking system for vehicle rental online.. Posted: 05 Jan 2018 04:08 PM PST I'm looking at starting a specialist RV hire business here in the UK, I'm in an outdoor sports hotspot and the RVs I'm renting will be customised for the specific sports... It's a niche market but quite lucrative.. I'll only have 4/8 vehicles so don't want to be spending £40k on web design and a custom portal for booking.. anyone know of a package for online booking that I can integrate to a simple WordPress site... [link] [comments]  |
| Kids channel with 23ksub looking for collaboration or partnership Posted: 06 Jan 2018 01:36 AM PST Hi, I have a kids and parenting content channel with 23ksub. Looking for partnership and collaboration. Trying to explore something new for the year 2018. If you are running a biz and wish to explore something new. Please message me. This is the channel https://youtube.com/happysunshinefriends [link] [comments]  |
| Need to get out of dog daycare & boarding business with my dad. Help! Posted: 05 Jan 2018 03:21 PM PST I naively started a dog daycare and boarding business with my dad in January 2016. I own 51% and my dad 49%. I had experience with dogs prior to this, but no experience managing or running a business. My dad was supposed to handle the accounting, licensing, all the overhead parts of the business while I ran the day to day. He owns the facility our business is in. My dad has not been easy to work with. He wasn't paying unemployment taxes to the state until I found out and payed them myself. I just found out we don't have our certificate of occupancy with the city, and we need to add a $10,000 ventilation system before we get it. He is unwilling to pay that and says he will do it himself, it's been 5 months so far and he hasn't done it. There are so many repairs that need to be done at our facility that he says he will do, but he drags it out over such a long period of time. Meanwhile I'm trying to sell this piece of crap to all our customers like they can't tell everything's falling a part. When he does finally do it, he does a terrible job that usually doesn't last. I try to do what I can and learn different things by watching youtube, but I can only do so much. I'm usually too tired to do anything after managing 50 dogs and 20 employees. He doesn't get the permits we're supposed to get before remodeling our building. He didn't get the permits for our signs before the city came after us for them. I've paid so many late fees. I'm not getting the help I need. I'm tired - so so tired and sick of all this. I'm unhappy. I need to get out of here, but when I talk to my dad about selling he gets angry. He says I'm ungrateful and spoiled. Says at least 3 more years, but I don't know if I have it in me. What can I do? [link] [comments]  |
| 10 Social Media Marketing Mistakes That Must Be Avoided Posted: 06 Jan 2018 02:58 AM PST Social Media Marketing for Businesses Social media marketing is a powerful way for businesses of all sizes to reach prospects and customers. Your customers are already interacting with brands through social media, and if you're not speaking directly to your audience through social platforms like Facebook, Twitter, Instagram, and Pinterest, you're missing out! Great marketing on social media can bring remarkable success to your business, creating devoted brand advocates and even driving leads and sales. Social Media and Marketing: Start With a Plan Before you begin creating social media marketing campaigns, consider your business's goals. Starting a social media marketing campaign without a social strategy in mind is like wandering around a forest without a map—you might have fun, but you'll probably get lost. Here are some questions to ask when defining your social media marketing goals: What are you hoping to achieve through social media marketing? Who is your target audience? Where would your target audience hang out and how would they use social media? What message do you want to send to your audience with social media marketing? Your business type should inform and drive your social media marketing strategy. Download full report here https://www.slideshare.net/JohnDaniels67/10-social-media-marketing-sins [link] [comments]  |
| Dissolving my CA single owner LLC after 5-months (Tax question?) Posted: 05 Jan 2018 03:53 PM PST I wanted to try an e-commerce business idea using some side money I was able to save and made no income. Decided on pivoting and will go Sole Proprietor on my next venture (I was blind sided by that min. $800 tax fee for LLCs! Totally my fault though as I should have paused right then and there but decided to pay it) but for now, I'm currently trying to dissolve my company. Dissolution forms just sent to SoS but now my last bit is making sure my taxes are in order. I watched the video from the FTB and it mentions writing "FINAL" at the top of form 568 (income tax form) but I was hoping it will be ok to file using Turbo Tax Business. My question is, will I be able to mark that this is my final tax payment and that I'm dissolving my LLC somewhere in the filing process thru Turbo? Another side question, has anyone successfully filed their taxes with the help of Turbo Tax without consulting a CPA? I wasn't able to find one in my area I could afford and will be doing this solo. Would love some encouragement that it's not that bad but oh boy am I scared. Any insight appreciated! Thanks all [link] [comments]  |
| Is it common (or possible) to own a small business as an investment while working full-time? Posted: 06 Jan 2018 12:53 AM PST Pardon me if I sound ignorant on this matter, but I recently had a thought of investing in buying small businesses like coffee shops, convenience stores, dry cleaners etc... and hiring managers to run the day to day operations then check in every other day or so to take care of big picture stuff. This would be done while I continue to work full-tome and the business profits would be used as supplemental income. I was wondering, how hard is it to do so? Is the reward with it? What time committment is needed to own a small business operated by managers? [link] [comments]  |
| Do I need to do anything special to do business in Canada (located in FL, USA)? Posted: 05 Jan 2018 08:46 AM PST Hello, We're an S-Corp in Florida providing services nationwide and, as of yesterday, to a business in Canada. Do we need to file any kind of paperwork with the government stating we're doing business with Canadians now? Do we have to pay any sort of taxes to Canada? Just want to make sure we do this right. Our services are 100% online and we don't provide any physical product at all. [link] [comments]  |
| Dealing with Payroll and Workman's comp Posted: 05 Jan 2018 06:52 PM PST Hey all. I have been dealing with the shit storm which is workman's comp and payroll. Initially I thought I would DIY it and it's a nightmare. I would rather pay a bit more and have someone take care of it for me. Missing state/federal payments and having to keep track of everything for an audit: blah!! It's not my core competency! I want a service where it's all pay as you go. I see about 50 of them. I'm tempted to use intuit since its right there in QuickBooks but I thought I would reach out. My situation is that I may only employ someone a single time per year and never again as I do a lot of work which varies in size (events). Initially I was turned off by the extra fee per employee when I only have them on for one day... But it's nothing... I can absorb those small costs because what I'm realizing is the real cost is me losing days and days of my life dealing with that. If I even value my time at only minimum wage (and I don't) I still would come out ahead if I just paid the extra fees. Ideally I don't want the base fee to be more than $100/month unless there is something super compelling since $100/mo is what intuit charges and they do exactly what I'm talking about. Tips... Please anyone who is actively using one these systems let me know the good and bad. Thanks, Mark [link] [comments]  |
| What's a software you can't live without? Posted: 05 Jan 2018 10:05 PM PST What's a piece of software that brings your business so much value you can't imagine working without it? What problem does it solve for you? What did you do to solve that issue before the software? [link] [comments]  |
| New player to the game! Please help! Posted: 05 Jan 2018 09:43 PM PST I'm still in high school and decided to start up my first business. It's been almost three months and not gonna lie, I've felt really helpless doing everything. I've been trying to learn how to use photoshop to make my site more appealing to the human eye. I've been learning the insides and outs of every part of my site so I can keep it integrated. (I also attached a plugin to make it more visually attractive [brooklyn theme] but for some reason, it's only made things harder in terms of setting everything up.) I feel like I've been doing everything wrong--creating the products, setting up the website, and designing all the images to attract customers. I feel so lost and I feel like I've been learning and doing everything wrong. Has anyone had the same experience and if so, could I get some help on how to overcome these problems? [link] [comments]  |
| Want to run a promotion for online reviews; how do I verify? Posted: 05 Jan 2018 09:18 PM PST New contracting company, willing to incentivize online reviews because I need the exposure. I want to run a promotion for each customer, something along the lines of "$5 off for a review on any of the following..." (Want to point out now that I would in no way be paying for a positive review, just any review. I'll let my work speak for itself.) But I don't know how to verify that. Let's say I have a customer, I've completed the job, given him the promotional material, and then he or she follows up with two reviews and then expects $10 off. How do I verify that customer actually left the review? What proof should I ask for? A screenshot with a timestamp? Alternatively if anyone thinks this is a bad idea altogether and that I should a) incentivize differently, or b) not bother, I'm open ears. Thanks for any advice, [link] [comments]  |
| Best bookkeeping and inventory tracking program Posted: 05 Jan 2018 11:33 AM PST Trying to set up a side business with my wife and we are looking for good recommendations on an booking and inventory tracking program. We both have some bookkeeping and accounting experience, but are by no means CPA's so we can go beyond just the basics. Freshbooks was my first go to, but that seems much more focused on companies that invoice for jobs rather than companies that have products they sell. I looked at quickbooks online which seemed like a decent option, not perfect but would work, but to get the inventory stuff it would be $50/month which is much more expensive than the other options and pretty pricey for the size of which we are starting this business off as. Any recommendations? [link] [comments]  |
| (US) Looking to hire remote (AU) non-resident employee Posted: 05 Jan 2018 08:56 PM PST I can seem to phrase this correctly to search in google I guess. We are a U.S. LLC looking to hire (or contract) a remote employee. They will not work in the US and are not residents of the US (they are Australian). I see some information for independent contractors, but I don't see tax information for having an actual employee. Is this not something companies do? We are not registered as a business outside of the US. We are not looking to open a foreign location. If it is best to have them as an independent contractor, what forms do we submit as a company about their employment? [link] [comments]  |
| Posted: 05 Jan 2018 04:53 PM PST Not sure if this is the best sub for this post. Recently used freelance to have a logo created for my small business. I paid $30 for this individual to create a logo. I was wondering if I technically own this logo. As in, can I trademark this logo as my own. I have done some research but can only find instances if the logo in use is already trademarked. If anyone has any experience with this type of situation it would be greatly appreciated. [link] [comments]  |
| Any "Self-Help" type books that aren't heavy on religion? Posted: 05 Jan 2018 09:55 AM PST I've tried reading "Purpose Driven Life" & "The Power of Positive Thinking" as these are two highly recommended confidence boosting books. However, I'm not a religious person and these two books have religion as the basis for most everything in them, which makes them hard to read. Does anyone have any similar types of books they can recommend that don't have religion as the center point of the material? Think and Grow Rich by Napoleon Hill was a good one I've read, but I struggle to find others. [link] [comments]  |
| What to include in a digital marketing strategy Posted: 05 Jan 2018 08:01 PM PST Hey guys! Hope you are all keeping well and had an enjoyable new year. I am just getting back into some work today, had a very nice vacation and when I checked my emails I had a very interesting proposal in my inbox. In the past before I have been helping some local businesses with their online presence - majority of that being SEO and Instagram (they were my specialities as such). I was recommended to a start up in the travel industry and have been working with them for the last few weeks, and basically the email stated that they would like me to become their entire social media manager for 2018. I have never been in complete control of an entire companies social media presence before so I am at a bit of a loss. Essentially they want me to set up an annual strategy to define objectives per media, what sort of content per media and to provide the actual content on a monthly basis to their accounts. They did specify that they would also be able to provide some content aswell, but hoping that I would be able to take that over, although it would only be photos. So essentially I am basically just contemplating all this witha few questions:
Any feedback or advice at all would be awesome. Thanks. [link] [comments]  |
| Can I incorporate in another state other than where I work? Posted: 05 Jan 2018 03:48 PM PST This is going to be my first year paid as a consultant. I'm in nyc and being paid by a company from a neighboring state. I want to incorporate out west for tax strategies. Is it legal? [link] [comments]  |
| As a SBO, how to psychologically deal with losses due to your own inefficiency? Posted: 05 Jan 2018 03:41 PM PST Say.. you realized you lost 30-40% of that year's revenue due specifically to inaction on your behalf. You see the burn of one of your best projects going red for the year. Changes to processes have been made, controls are in the midst of being installed. But the sting remains. [link] [comments]  |
| The barrier when selling video Posted: 05 Jan 2018 07:06 PM PST The price of video content is the most prominent barrier in front of potential customers. For instance, the average price for video courses can range between $300–$1,500. To decide to pay such an amount is not so simple if you are not sure exactly what is inside. This applies even for cheaper video games or other videos. In other words, the buyer is not certain whether the video contains precisely the knowledge or information that is necessary for him, whether he likes the manner of teaching or submitting materials, and the quality level of the product. For the customer, it would be good to get acquainted with the content before buying. Promo videos often offered by sellers do not give customers a full picture. As a rule, these videos are executed like an advertisement and can contain good quality and encouraging words, but they do not determine the quality or the actual content of the video that the customer is going to buy. How to sell online and how this problem could be solved. Pay As You Go (PAYGO) model for selling video content. How it works. It does not matter how much money a potential buyer has or how long a video is, and there are no limits on timing or minimum payment amount to start to watch. You just start watching and can stop at any time you want, go back to watching later, buy a full video, or continue to watch with a PAYGO model. In practice, it works like this: You start watching. If you have watched one minute and stopped, you will be charged only for sixty seconds. The price for each second is determined based on the cost of the full video, which is defined by the seller. Before starting to watch, a buyer can see the price per second, and won't be surprised when they are charged. PAYGO allows users to get acquainted with the content; evaluate the content; and decide between further watching, buying a full video, or abstaining from buying. This is the best way to sell video online. On the one hand, it lowers the decision threshold for a buyer, and on the other hand, it presents an opportunity for video sellers to increase the total number of sales and boost the loyalty of buyers who do not have the fear of losing money. [link] [comments]  |
| Small Claims Judgment in OC Calif Posted: 05 Jan 2018 11:26 AM PST I have a friend who won a small claims judgment in OC California for an unpaid business invoice. The defendant appealed (will lose the appeal. It's simply an unpaid invoice) and now is claim is traveling and delayed the appeal court date for 2 months because of personal travel. How is this possible? Do I have any options? The small claims process prohibits the involvement of a lawyer. The amount is nearly $10k [link] [comments]  |
| Need Your Help. Looking for T-Shirt Partnership. Burly Fitness - (www.burlyfitness.com) Posted: 05 Jan 2018 06:22 PM PST I own a fitness brand 'BURLY' and the intellectual property. We're expanding our product line into T-Shirts. Looking for a partner in this niche for an agreed profit share. Feel free to contact me if you, or someone you know, may be a good fit. [link] [comments]  |
| I wrote a booklet on starting a business at the farmers market! Posted: 05 Jan 2018 06:06 PM PST Hey everyone! Just spreading the word.. I wrote a small book on starting a business at the farmers market. I feel like it is good info. Please check it out if its something you're considering doing! [link] [comments]  |
| Can I use a personal checking for a business account? Posted: 05 Jan 2018 05:07 PM PST I'm in consulting now and opened a second checking account not knowing it should have been business. I'll probably do S Corp. Can I use that second checking account as my business account even if it's not officially a business account? I won't be using it for anything personal and will transfer money to my joint account with my wife to pay my salary just don't feel like opening a third account [link] [comments]  |
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