Help! My small business just won a six figure contract and we have less than 20k in the bank to help pay for it. small business |
- Help! My small business just won a six figure contract and we have less than 20k in the bank to help pay for it.
- I have no idea what I'm doing, but I guess I'm starting a hot sauce business and I need input from people who do know what they're doing
- Beware of your QuickBooks Payments fees
- How much profit should a franchise resale generate?
- Not sure if bosses are selling
- How to Make a Website for Your Business 2018
- Where to order custom shopping bags?
- How to check non-chinese supplier?
- Business Idea request! pet industry.
- Planning on retiring soon. How can I keep the information in my email accessible to me?
- Can someone explain something about cottage food laws?
- If I intend to sell electronic gadgets online, should I establish an S corp or an LLC?
- Beginner HELP!
- Small Restaurant owners, when did you know it was time to expand?
- Where to Hire?
- Seeking advice for structuring a few small businesses
- Etsy business and tax time
- Best options for VoIP business number
- Has anybody used SmartLine for setting up a second phone number?
- Lead Generation for B2B
- Selling my small business. The new buyer mentioned to me that he is forming a new LLC so that he doesn't have to assume the liability associated with my years of selling. Can anyone tell me if this is correct?
- Home Service Business
- Marketing is Hard
- How to choose a server for a small business
- What is your go to setup for website hosting, cloud storage, and business email?
| Posted: 01 Feb 2018 03:24 PM PST As mentioned in the OP, we recently won a six figure contract. Our labor and material expenses will be about 50k and we only have 20k in our account. What is the correct way for me to loan my business the rest of the money? How does that work? [link] [comments]  |
| Posted: 02 Feb 2018 12:34 AM PST So my girlfriend and I started making hot sauce as a hobby, and recently its gotten really out of hand really fast. We have tons of people begging us to sell them our sauce regularly and multiple friends offering us retail locations & chefs losing their shit over it and offering use of their kitchens. I just got a ~ 10k bonus from my job and found a glass bottle distributor close to my house that cuts costs dramatically, so I guess its time to roll the dice and see if this can actually be a thing. I live in the SF Bay Area. I have a trademark lawyer friend who is handling the LLC & trademark of the brand, but beyond that I have no fucking clue what I'm doing with food regulations and the FDA / Cali Dept. of Health websites are garbage. I'm assuming hot sauce isn't a "cottage food" because it hasn't been on any lists, so I'm also assuming this means lab testing my recipes, health inspections of facilities, licenses from someone somewhere... but no clue who/what/where. Since I live in California I'm expecting extreme levels of regulation, so are there legal services that can help and aren't exorbitantly expensive? Sorry if this isn't the right sub, and I'd really appreciate any help [link] [comments]  |
| Beware of your QuickBooks Payments fees Posted: 01 Feb 2018 05:36 PM PST TLDR: According to a Intuit customer service manager, QB Payments customers must check to make sure their fees are being charged correctly at the advertised rate. If not, it was your fault for not noticing earlier. If you are an older QBO customer and send online invoices and receive payments through QuickBooks payments, you might be getting overcharged. As per their website, you should be charged 2.9%+25 cents, the invoiced rate implemented since Decemeber 2016. But you might be getting charged the keyed rate of 3.4%+25 cents even though you do not key in the payments. Do the math and check one of your transaction fees. Even though I only have ever charged customers via online invoices, I was charged the 3.4% keyed rate for all of 2017. I receive several thousands of dollars of payments through online invoices each month so it really added up to a significant discrepency. When I called about it, I was told I was "culpable" for making sure I was being correctly charged the updated rate and they refused to make things right. They simply offered to correct the rate moving forward. Mind you they never offered this until I took the trouble to calculate the charges on one of my transactions, checked the QB Payments website, and called them. When I pointed out that it was unfair to overcharge older customers like me who were never notified about the updated price, the manager said "those are your words not mine." Since that's how Intuit sees its customers, I left QBO, QB Payroll, and QB payments and am using Xero, Gusto, and Stripe, and it's been great. Let the buyer beware! Make sure you're not getting overcharged! Or better yet, change services to one that treats their older and more loyal customers fairly. [link] [comments]  |
| How much profit should a franchise resale generate? Posted: 01 Feb 2018 09:58 PM PST My friend and I were talking at a restaurant today when the subject of franchising came up. He had a friend that recently entered the pizza business and he said that the money came in but it was a lot of work. My question is a simple one. If you were to pay 400,000USD for a franchise resale of subway,jersey mikes,or any other sandwich franchise, how many profits should the store be generating? I'm trying to figure out how much profit a store should be making based on what they are charging for the resale. I appreciate the help reddit. [link] [comments]  |
| Not sure if bosses are selling Posted: 02 Feb 2018 03:24 AM PST I work at a small business and there have been 2 separate instances where customers/locals have mentioned our business is for sale. I'm not one to buy into gossip, but I'm also curious to find out as this would obviously (effect/affect?) me. There are clear signs in recent years the owners want to retire, but when the same rumor circulated a few years ago, they denied it. I'm looking for some advice because I really don't know what this means. I've been there 10 years, manager for 5. [link] [comments]  |
| How to Make a Website for Your Business 2018 Posted: 01 Feb 2018 10:38 PM PST Super informative video that covers creating a website from start to finish. I used it for my business and the website looks awesome. check it out https://youtu.be/xyEOxkPF6To [link] [comments]  |
| Where to order custom shopping bags? Posted: 01 Feb 2018 09:52 AM PST We've built a fairly large client base (apparel retail) and just moved into a larger location. We've been using generic black shopping bags, but we were looking into having custom shopping bags made with our company logo. Any recommended websites? Aplasticbag.com sent us some samples and weren't really happy with it. [link] [comments]  |
| How to check non-chinese supplier? Posted: 01 Feb 2018 07:55 AM PST There are many instructions how to check Chinese supplier from Alibaba. But if supplier isnt from China. For example I want to check supplier from Turkey or Thailand. What can I do? I am sorry if i chose the wrong thread. [link] [comments]  |
| Business Idea request! pet industry. Posted: 01 Feb 2018 10:42 PM PST I m a software developer from india, my dad is a dog breeders. The advantage for new indian entrepreneur in setting up start up is ,we can copy a western startup up idea and implement in india and be successful. I will give you examples for successful startups in india flipkart copy of amazon. zebpay copy of coinbase. quicker copy of olx. ola copy of uber. so what i thought is to create a petbuy sell website community for pet breeders, so that they could post ads of their puppy which they breed in their home all over india. Similar to this idea ,what are the other websites you use in your country which solves a pet related industry problems? Your suggestions are highly appreciated. [link] [comments]  |
| Planning on retiring soon. How can I keep the information in my email accessible to me? Posted: 01 Feb 2018 03:46 PM PST New Redditor, First time posting. So, I am planning on selling my business, and my email associated with it is going too. My business email is a mixture of personal and business emails. I want to keep everything without having to sort through 5000+ emails. I have folders within my email dedicated to various topics (banking, family activities, and business). How can keep accessing this material after I retire and the email is no longer mine? I apologize if this isn't the right subreddit to ask in, I'm new here [link] [comments]  |
| Can someone explain something about cottage food laws? Posted: 01 Feb 2018 09:23 PM PST I recently discovered Shmeal. It is a new app in Chicago where cooks prepare and sell food out of there house and customers use the app to order and pick up meals from residences. My question is how is this legal? This would destroy restaruants if it ever gets really popular. No need to pay for a brick and morter, no overhead, limited food costs, it is restructuring how we do food service. It is the uber and airbb of food. How come if I want to sell meal prep out of my house everyone on reddit throws a shitstorm about not having a licenced kitchen ane doing everything legal, but this company can do this? [link] [comments]  |
| If I intend to sell electronic gadgets online, should I establish an S corp or an LLC? Posted: 01 Feb 2018 09:03 PM PST I live in Iowa. I anticipate $80k in profit a year, and I want to protect myself from liabilities. I did a lot of reading, it seems both are similar. In fact, I read that LLC can use pass through income scheme as well. I really need someone to recommend a business entity and states why. Thanks [link] [comments]  |
| Posted: 01 Feb 2018 02:09 PM PST I'm fairly new at wanting to start my own business. I have been crafting for years and what to turn it into a business. I honestly have no idea where to start. I just know that I will have to file for a license and tx info within my state. If anyone is willing to help that would be awesome. Thanks! [link] [comments]  |
| Small Restaurant owners, when did you know it was time to expand? Posted: 01 Feb 2018 08:06 PM PST |
| Posted: 01 Feb 2018 08:09 AM PST The world has change in the decade since I last filled this position (via newspaper ad). Looking to hire an experienced power-user computer person with a high school degree for computer work and some customer service. It's not really clerical work. It's like graphic design but with absolutely no creativity required and no experience required. No degree or licenses required. $14/hr, 40 hr/wk, paid vacation, no benefits. Any suggestions on where to find someone? I'm trying indeed and have gotten no interest at all after 5 days. EDIT: This is from a reply I sent to a pm I got... I hesitate to call it graphic design because it requires so little creativity. It's basically editing mostly existing Photoshop/Indesign files (advertisements) with minor updates (change a phone number or photo etc). Sometimes it has to be created from scratch but it's speed over quality we care about. Also this person will need to call customers to get copy/proofs approved etc. This is in a print shop so they will learn a little about setting files up for print and actually starting jobs on digital printers, loading paper and that sort of thing. Need someone on site. As long as someone is really good with a computer we can teach the amount of Adobe suite that is needed. [link] [comments]  |
| Seeking advice for structuring a few small businesses Posted: 01 Feb 2018 07:45 PM PST Hey y'all, My fiancee and I are taking a plunge into getting some of our small businesses off the ground. Without getting into too much detail, we both have multidisciplinary creative skills that have earned us hobby-incomes over the years, but we'd like to take that further. The important stuff:
Any advice? I am aware that this may be better posted to /r/legaladvice and/or a finance-oriented subreddit. But, I imagine that at least some folks here are running multiple unrelated businesses off a single LLC, and I'm curious about your experience doing it this way. Thanks~! [link] [comments]  |
| Posted: 01 Feb 2018 07:39 PM PST I have a small income Etsy store, and I sell locally. Do I need to file taxes? I've been told by some that if I make say, under $5000 I shouldn't bother. I have no idea how to go about this or if I even should. Thanks! [link] [comments]  |
| Best options for VoIP business number Posted: 01 Feb 2018 07:27 PM PST Hi - I run a (very) small tour and excursion company in Iowa, USA. I'm currently using Google Voice for my business phone number but have found it to offer pretty poor audio quality on calls. There's no shortage of options out there, but what other affordable options do you all recommend? I need something that allows both inbound and outbound calling and SMS and for inbound calls to be forwarded to/ring on multiple mobile devices at once, if possible. I'm considering Twilio due to its pay-as-you-go pricing and integration with a lot of multi-channel communication platforms, but I'm open to other options. Thanks! [link] [comments]  |
| Has anybody used SmartLine for setting up a second phone number? Posted: 01 Feb 2018 03:02 PM PST Need to set up a second phone number for my business that goes to my mobile phone. I was pitched "SmartLine" by GoDaddy, is there any reason to use this over Google Voice? Any reason at all I should pay for a service that Google offers for free? If I use Google Voice, will it tell me which number the person thinks they are dialing (biz line vs my personal line)? [link] [comments]  |
| Posted: 01 Feb 2018 05:30 PM PST As a small IT consulting business owner I've been fortunate enough over the years to get enough clients from referrals I am looking to branch out further and generate new leads from the unknown world out there. Can cold calling be effective to get a foot in the door? Are there viable companies that provide cold calling services or is it a waste of money? All suggestions and recommendations much appreciated. [link] [comments]  |
| Posted: 01 Feb 2018 05:11 PM PST |
| Posted: 01 Feb 2018 04:48 PM PST I was approached in January 2018 by my coworker to start a home service business in our current industry (HVAC). We would launch in early 2019. We are wanting to go 50/50 ownership when it comes time to do legal stuff. What is the best way to make it an even deal for two people? What are some resources for "starting your own business 101", like business plans and operation agreements? We are located in Iowa. Thanks in advance for your responses. [link] [comments]  |
| Posted: 01 Feb 2018 11:18 AM PST We launched our product a little while ago and it's been a bear to get the word out. We've started to work with some of our stakeholders to begin building momentum with campaigns like Score Twitter. But we are open to other ideas for getting more visibility to our customers base. Any suggestions? [link] [comments]  |
| How to choose a server for a small business Posted: 01 Feb 2018 02:28 PM PST I own a restaurant and I'm going to have my mother-in-law start doing my daily accounting instead of myself. Currently the business files are hosted on a server run by the people I bought the business from. We are in the process of switching everything over as the sale completes and I would like to continue the same set-up by having a server at home that my mother-in-law can access from her house in another state. What is a good server that I can get for this ? I'm looking to keep it under $2500. [link] [comments]  |
| What is your go to setup for website hosting, cloud storage, and business email? Posted: 01 Feb 2018 01:13 PM PST I am expanding my company at the moment from just myself and bringing on four new employees. This quick growth has been met with some pains but I was hoping you guys could help me settle on a direction for software to use in this situation. My team will not be growing past five total workers for at least two years so whatever I go with now I'll be sticking with at this current size for awhile. What I hear about a lot is the combination of G-suite for email, Dropbox business for file sharing, and square space for website hosting/design. What do you guys/gals suggest to these three areas of business? Am I way off my rocker or do these three programs sound like a good solution? Thank you for your time. [link] [comments]  |
| You are subscribed to email updates from smallbusiness: Starting, owning and growing a small business. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment