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    Tuesday, July 3, 2018

    5 Steps to Validate your business idea with no money small business

    5 Steps to Validate your business idea with no money small business


    5 Steps to Validate your business idea with no money

    Posted: 02 Jul 2018 04:38 PM PDT

    5 Steps to Validate your business idea with no money:
    1. Define what's your value proposition and differentiator?
    2. Find your customers
    3. Talk to your customers
    4. Get the feedback
    5. Decide to build the MVP or NOT
    These 5 steps are my experience. What do you think?

    submitted by /u/oc0707
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    Business wants to use my thought leadership, but they cannot, advice needed

    Posted: 02 Jul 2018 11:54 PM PDT

    A business is dating me, and I was told that the potential position is COO. In my contract, I specifically stated that they cannot say that I'm an employee, or treat me like one... etc... They have done nothing but treat me like an employee, although that's illegal, it would be impossible to put me on contract for this kind of work, since they have no idea how to do what I'm doing.

    I'm ok with contract for now too, because I don't want to be tied down unless the opportunity is legit and I want to do it (tbd). With that in mind, they asked me to write an article that they plan to get published and promote. I'm a thought leader in my niche, and likely am the most experienced in the industry as I helped develop the original technology.

    I do not want them to post it, and I also don't want to be rude about it, but it could come across and me not being cooperative. Basically, I'm not sure I want to work for them... and they have been assuming from day 1 that I'm drinking their Koolaid, and likely assume that agreeing to date was an agreement to get married.

    The advice I need is how to properly tell them that they do not have permission to post until my formal employment, without coming across as uncooperative, or unappreciative of the opportunity. These are good people and I don't want to burn any bridges, but I'm also 100% aware of the equity my proprietary knowledge adds. Basically, it's too valuable to give away or to be added to the value of the company. Would it be unreasonable to ask them to use their publicity network, but not associate myself to them? I might jump ship if negotiations don't go my way. I'm not exactly in desperate need of the work.

    Thanks in advance for reading all of this and your advice.

    submitted by /u/King_of_Dew
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    How to accept cards?

    Posted: 02 Jul 2018 02:56 PM PDT

    Hi all, I don't know if the right place to ask this question. I was recently accepted to a local craft fair/market where I can sell my artwork weekly-- but I have a feeling a lot of potential customers will want to use credit or debit. How can I accept their cards? I know on TV a while ago I saw a little device that plugged into a phone (?) that allowed customers to swipe their cards? Is this something that that would be useful for? Does anyone else accept cards in a non-traditional retail format? Thanks all!

    submitted by /u/charliecherry
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    How does graphic design provide value to your business?

    Posted: 02 Jul 2018 07:57 AM PDT

    Hello current/future business owners,

    I would like to hear from you what value graphic design plays in your business. If you have not hired a graphic designer, but would like to answer these questions in a "how could a designer provide..." manner then that's fine too:

    1. Was there a time when a graphic designer was needed to solve a problem for your business? How did they solve your problem? and what direction was given to the designer?
    2. How do you measure the the impact of your communication with your customers (i.e. mailers, e-mail blasts, landing page)? How do you know if the project was successful? Who is responsible for monitoring this information in your company?
    3. How did you know when you found the right designer for the job? Where did you find your designer?
    4. Does your business have a full-time graphic designer on staff? What is their title? How do they add value on a daily basis to grow your business?
    5. Does your business hire graphic designers from time-to-time? What project(s) were they hired to complete? \
    6. What is a graphic designer expected to do and know?

    Thank you in advanced to everyone who has taken the time to answer these questions. Please state your industry and how many years you've been in business/ working on launching something / etc. This information is for myself and any other graphic designers who desire to know how to provide real value to real people who are running a business.

    submitted by /u/Brittneylarshh
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    Our Market Stand | Digital Solution & Services | Techradius

    Posted: 03 Jul 2018 03:42 AM PDT

    Our services promise to offer the best web and mobile app development solutions to our clients. We work in a completely unique way amongst our peers. Techradius -Australia.

    submitted by /u/TechradiusAU
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    supermarket question

    Posted: 02 Jul 2018 09:02 PM PDT

    how many discount supermarket would somebody need in this day and age to be worth 30 billion?

    is it possible to achieve success on that kind of scale considering amazon exist now

    submitted by /u/johaun123
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    Someone has copied my business entirely, need advice

    Posted: 03 Jul 2018 02:31 AM PDT

    I run a digital marketing company and have found a group in another country that has copied my website, content, emails, ebooks, videos etc.

    They have rewritten everything so it is not a direct copy but the similarities are undeniable.

    Should I or can I do anything?

    We're not competitors so should I just get over it?

    submitted by /u/bigwigzig
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    How to improve search engine optimization (SEO) and increase your income

    Posted: 03 Jul 2018 02:06 AM PDT

    To get higher ranking by Google, yahoo.com, bing it is not a magic, it need steps to be higher ranked, This article it tell how https://www.facepozz.com/2018/07/how-to-increase-or-improve-seo/

    submitted by /u/lugonyo
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    Cheapest place to order paper?

    Posted: 02 Jul 2018 06:49 AM PDT

    Hi All!

    Staples used to have deals where you can get a case of paper for $10 after mail in rebate, they have stopped that. Where is the cheapest places you have found to order paper? I go through a ton.

    submitted by /u/Accountant109
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    How to protect against theft while renting something out?

    Posted: 02 Jul 2018 11:03 AM PDT

    I'm starting a company renting camping gear. It seems out of my reach to have the ability to pre authorize a customer's card and charge it if they didn't return it. Paying a $400 deposit while renting a $100 camping bundle seems like a bad business model. ideas?

    submitted by /u/Dustinb789
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    Where to file and LLC? Should I file an LLC or S-Corp?

    Posted: 02 Jul 2018 09:33 PM PDT

    Hi Guys,

    I'm a US resident (GC holder) but not a US citizen. I'm planing to either file an LLC or S-Corp so that I pay less taxes on my self-employed works.

    The type of business I do requires no physical presence or any physical office. I was thinking to file either an LLC or S-corp in Wyoming but then I watched a video by some accountant that said even if you do an online business still it is not to your benefit to file in another state because at the end of the day I need to file it in my own state as a foreign state. Is that really true even if I'm doing online business that has nothing to do with my states?

    Another question is that I read somewhere that if I'm a US resident then I can't file an LLC (if I remember correctly). My question is that are there any restrictions. for the US residents who are not citizens, in filing an LLC or an S-corp?

    Thanks

    submitted by /u/hassanzadeh
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    My business partner finally understood

    Posted: 02 Jul 2018 04:49 PM PDT

    Ok I'll try to make this short, ask for clarification if necessary I just need some advice.

    My business partner is the breadwinner of the family, but has wanted out of his job for quite some time. He's always been passionate about starting a business so when I approached him with my business idea he was on board.

    I have told him on many occasions that we could not match his salary as a start-up business, but may not make a good income until year 3. He cannot afford to put any money towards the business, my husband and I are putting $20k, but he does offer good connections for initial construction/renovations.

    We had a feasibility study done, and I've finished the rough draft of our business plan and he's completely baffled and doesn't know what to do as he just realized (even though it's been talked about) he can't make that work.

    Now to my question:

    If I approached him and offer that he be apart of planning and launching of the business, but instead of ownership, be a part-time employee while still working his full-time job would that be fair?

    He could then have time to let his spouse find another job and/or save money for the transition to either a 60/40 ownership or start another location where I would help launch and have 20% ownership myself.

    Thoughts?

    Thanks in advance.

    submitted by /u/watchmewhisk
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    I own 100% of an s corp and am considering bringing in two partners. Advice needed from other business owners

    Posted: 02 Jul 2018 04:35 PM PDT

    Chicago area

    1. I am 100% shareholder of a Small residential electrical contractor company. Big van, tools, ladders, material. Website, great reviews etc.
    2. The two potential partners and I are all licensed electricians not in union. Me and ken own a company each, but ken is not inc, he just operates using his license and his personal SSN. Tyler does not have a company but operated his father's company for 20 years. A huge commercial electric company. They had a falling out so he left and got a 9 to five as a foreman. Tyler can get huge commercial projects. He knows the ins and outs. Right now he has 4 jobs each with tickets of 15k or more. He just needs a company to do it all and partners he can trust. Ken brings good credit and liquid capital. I bring the established s corp tools etc.
    3. We all want to minimize residential projects and expand larger into commercial and industrial.
    4. We all want to use my existing s corp's name tax id, logo website and my 50+ 5 star reviews on FB and 50 on home advisors.
    5. I have been in business since november 2017. I had a partner until march 2018, as 50 50 owners in another s corp. However he destroyed my credit and committed fraud and embezzlement. He is in court as I type this actually. I then went solo and now make enough for my wife and baby to stay home, but not enough to save much.

    We did some math and if I give 2/3s of my company away, we would all have to make an hourly wage of no more than 30/hour at 40 hours until payroll account builds to a 6 months saving. This could take a year if we get 1 big job a month.

    Can i simply share ownership or do I need to file dissolution and re-inc?

    Is cutting my ownership down to 1/3 a major mistake?

    Should I install maximum amount of shares allowed to be established, and then share them with partners, or should i keep the number I established? Right now there is 10k shares, but I believe my lawyer had mentioned I can change that and it can go as high as 100k. I ask because of the movie about steve jobs. How he "watered down" the shares by getting a majority vote and then increasing how many shares exist and redistributing them as he saw fit, making one of his other partner's shares basically worthless and taking a huge chunk of ownership from him.

    We will be using a lawyer to go over this with us all but I wanted to get some advice before us three meet and discuss what we all want and need from the company. Then if we decide to do it, we go to lawyer.

    Any knowledge and advice is welcome, even if I failed to ask about it here. I have many other questions

    Thanks in advance

    submitted by /u/Stainzz
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    Slow through June

    Posted: 02 Jul 2018 12:45 PM PDT

    I have a digital marketing agency, things since June have been somewhat dead, is that normal given the seasonal hot weather? Is this typical within the digital marketing industry?

    submitted by /u/gamerfan008
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    Quick Service Sandwich Shop- Digital Menu (TV) or commission a physical one? Which and why?

    Posted: 02 Jul 2018 03:02 PM PDT

    So basically, I am opening a quick service sandwich shop. We are trying to keep a small town feel of the franchise we are opening but want to get caught up to the 21st century.

    Budget wise we could stretch to afford either. I like the idea of two TVs one with a menu and he other advertising that days special with picture. My partner thinks this will be expensive to do and thinks a wood board maybe lazier etched would be better.

    I have tried to call explain 50" TVs are 300 these days and that designing but wouldn't be too hard. (I can take scrap computer parts to build a system to run it on).

    I think the best way to convince him is to show him a mock demo. But advantages are huge- $700 investment in l(2 TVs, could start with one). Can update pricing for free as needed. Can change design and emphasize certain things. Plus can do coo graphics (like I watched a tutorial and made a spinning logo in photoshop.

    Getting a physical menu made will be 1500+, wild be costly to change, can't change it daily. Am I missing anything?

    Also anyone with a digital menu know the best way to implement? I can make something in photoshop or illustrator (though I'm having trouble adding a gif to illustrator).

    Flash drive?cill Computer? Burn a dvd l? Any free templates or cheap services? Or make myself? If myself what file format? Any advice?

    Anyone see a digital menu have positive impact on ordering time?

    Thanks for the help!

    submitted by /u/KneadSandwichShop
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    Would you stop supporting Cash On Delivery?

    Posted: 02 Jul 2018 04:06 PM PDT

    Four Options To Finance Your Childcare Center

    Posted: 02 Jul 2018 01:51 PM PDT

    When it is time to finance your childcare center business, there are four options available to a small business owner. The nature of the childcare center business requires you to have enough working capital to have the right locale, supplies, certification and skilled staff to provide your customers and their children the type of safety and care they expect. Among the many challenges you normally face Read More...

    submitted by /u/NexusFinSvcs
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    Decent ACH invoicing platform?

    Posted: 02 Jul 2018 08:46 AM PDT

    Can anyone recommend a decent invoicing platform that accepts ACH for relatively cheap? I run a software development consulting shop in the USA and we make a small number of large dollar invoices a month, so it'd be nice to avoid percentage-based solutions.

    I used to use the free built-in invoicing system from Capital One Spark Business Checking and though it was lacking in many nice-to-have features, it was rock solid-- clients put their routing/account info in, accepted the invoice, and I got the money. It has unfortunately been discontinued. Currently I'm using the built-in invoicing from QuickBooks Online. It has a lot of bells and whistles that are kind of neat, but it forces you to log into your bank instead of just allowing you to enter your routing/account numbers. For me and my clients, this has failed as often as it's worked ("Account not currently supported. Multifactor authentication is not currently supported for this account. Please log in using a different account). QuickBooks support was of no help and I'm not telling every other client they need to call their bank to sort out whatever needs to be sorted out.

    I'm also kinda pissed off at Capital One for removing their invoicing system and mobile app so I'm not opposed to changing banks if someone else has invoicing built in.

    TL;DR: Looking for affordable invoicing platform that accepts ACH.

    submitted by /u/pod_of_dolphins
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    Would appreciate advice on negotiating compensation with biggest client yet!

    Posted: 02 Jul 2018 07:56 AM PDT

    A well known craft beer company reached out to me on instagram and asked me to design their new campaign push being released in September. (a seasonal thing) The company is popular nation wide, but this campaign would be focused locally.

    I'm a painter, not a graphic designer, so am very unfamiliar with how pricing works in this scenario. I'm used to getting a commission, painting it, getting paid... end of transaction.

    In this scenario, I'll be charging a flat rate (rather than asking for percentage of sales, etc...). But need to take into consideration that my design will be printed on Tshirts, hats, beer glasses, banners, koozies and other merch sold primarily in the brewery's home city and surrounding areas. It's a big city.

    Im not sure where to begin when coming up with a quote. I would really appreciate any tips!

    submitted by /u/hashtagwtfamidoing
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