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    Monday, October 1, 2018

    Startups Anyone who owns or works at a startup: what's your company policy on insurance, vacation days, and recognized holidays?

    Startups Anyone who owns or works at a startup: what's your company policy on insurance, vacation days, and recognized holidays?


    Anyone who owns or works at a startup: what's your company policy on insurance, vacation days, and recognized holidays?

    Posted: 30 Sep 2018 11:15 AM PDT

    I hope this is the right place to post something like this. If not, please feel free to point me in the right direction.

    I'm helping a friend get an overall idea of what his company will establish as their employee policies and wanted to get a feel for what other startups do for the following:

    • Employee insurance (what type, how much the company pays, that kind of thing)
    • Policy on vacation days
    • Recognized US Holidays

    Edit: If this helps at all, the company is about 20-25 right now but expected to expand by a lot in the next few years. It involves a headquarter office and 7 retail locations. The policies are more so for the executive office team.

    Thanks in advance!

    submitted by /u/curioustoki
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    Few tips for your startup logo

    Posted: 30 Sep 2018 04:40 PM PDT

    Hi, I posted this yesterday on r/smallbusiness and people seems to really like it so I decided to repost it here to reach even more Redditors.

    Hi, I do branding for businesses and startups. I'm aware that some people here don't appreciate logo design, branding, graphic design....because they don't see clear ROI. If you do, here are some easy tips if you're looking to get logo designed:

    • 5 year olds can remember it
    • It's not good if you can't see it or read it properly when you resize it to 1cm x 1cm size (example: Instagram profile image - mobile view)
    • Kerning (space between letters) should be balanced
    • It should work as all white logo on black background and other way around
    • Use unique design only
    • Be sure you have rights to use the font in your logo
    • Simple is better (not too simple without any unique thing about it)
    • Logo desn't have to explain your business
    • Tagline is optional
    • Look for consistency in lines and overall design
    • Avoid Fiverr, Frelancerr and similar sites, 95% of ''professional designers'' there don't know sh!t about tips I've just given you and a lot more. If designer doesn't give you any explanation, why he/she did something, hire another one!

    Some people think they're doing fine without an excellent branding and online presence, but they never consider how far they can go with a better look.

    If you have any more questions on what to look for when getting logo design just ask, I'll be happy to give you some advice.

    Thanks.

    submitted by /u/netdom
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    Risks/threats of being a founder of a money / crypto related business

    Posted: 01 Oct 2018 02:43 AM PDT

    I've got an idea for a crypto-currency related business. This might involve dealing with someone's money, at least for a very short moment. There might be relatively big money involved, meaning that even if business doesn't have a huge net income, at least it has huge revenue, due to money being deposited/withdrawn and kept for some time as the company's account balance. I would like to be a legitimate business, I would have to build a trust under some brand, but that's hard. It's even harder if you don't want to reveal much about yourself as a founder... and here is my question.

    What are the risks of being a founder/CEO of money related business? Let's leave the cryptocurrencies aside. You're effectively becoming a public person (I am not saying my business would be that succesful, but still), this has some consequences on your freedom. I think I would be concerned about my family safety, as well I would be concerned about myself whilst travelling somewhere in the South American woods. The risks are even bigger if for some reason you fail with your obligation towards people money, that happened many times in the crypto-currency world.

    Would it be better to hire a nominee shareholder and nominee CEO? How to build a proper brand if "team" looks incomplete (in the beginnning at least).

    Sorry for this chaotic form and sorry if this is obvious. I couldn't easily Google much about risks of running a money / crypto business.

    submitted by /u/li-_-il
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    Where to go from here? Leasing designs.

    Posted: 30 Sep 2018 05:50 PM PDT

    Long story short, my father has been an artist for the majority of his years and has a lot of amazing artwork he created (2d and 3D). All of his designs years and years ago sold well but ultimately he got ripped off (he was too trusting) and now I'm trying to see how to get a hold of companies that would want to lease the designs/artwork.

    I'm struggling to figure out where to get started. I've tried a few cold emails, Instagram page, Pinterest, and even have some on Etsy.

    My google research isn't proving fruitful as anything with leading typically comes up with anything but artwork. (I.E. company leases work for royalty)

    submitted by /u/detailz03
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    Need help with business structure

    Posted: 30 Sep 2018 03:48 PM PDT

    I've done so much research that I feel like my heads going to explode.

    Without giving away to much detail I will basically be operating a 3rd party service by myself. I've looked into an llc, being that I will be the only person doing this and do not plan to hire any employees within the first few years I was wondering if it would make better sense to register as a sole proprietor and just register a dba.

    I'm confused on how to pay taxes as a third party, my projected revenue is around $500,000 yearly with around $60,000 being profit. As a sole proprietor would I only have to pay taxes on profits?

    Also, located in Tn.

    submitted by /u/thatwasloosebutthole
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    Should I add features that will be necessary later at the beginning, or launch on time and under budget?

    Posted: 30 Sep 2018 09:29 AM PDT

    I'm building what started out as a very niche social networking/messaging platform but over the course of research I have discovered a much broader user base for it. As in, the original target was maybe 10,000 users nationwide, now we are revising the projection to up to seven figures. Some decisions with the basic structure of the app were built on the assumption that each user would only have at most a few dozen matches in their city and a correspondingly manageable number of message requests. However, I am concerned that if it grows quickly with some of the new user groups I'll be targeting, users may be overwhelmed with matches and message requests, and will respond by deleting the app.

    The natural solution to this is to build in additional methods of screening matches and messages. However, we are already coding the first version of the app, and adding features now would both add to the cost and delay deployment. But if I don't, and growth happens to be explosive, there's a real risk of users having a bad experiences and leaving the platform as quickly as they adopt it.

    Of course this is a very hypothetical problem that will only occur either if my marketing success exceeds projections or if the app goes viral. I know the odds are against both of those but the enthusiasm I'm getting from potential users so far is very high - in fact I'm thinking to start getting videos of potential users talking about how they'll use it to start bolstering my marketing campaign.

    So basically there are some features I could add that would complicate, delay, and increase the cost of my MVP, but without which I run the risk of losing users only in the event that growth exceeds my projections.

    Am I right to worry about this? Should I consider delaying the launch to add the screening features first, or should I just do the launch, feel out user response, and then add the features in a subsequent update if they seem necessary?

    Basically how much should I be worried about giving initial users a great experience?

    submitted by /u/NotRoryWilliams
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    Home based business

    Posted: 30 Sep 2018 09:15 AM PDT

    I am starting a PC Repair business out my house and I was curious of y'all's thoughts on letting the customer come to my house to pick up their computer or not. I do not live in a bad neighborhood so the idea of break-ins is not too worrisome but the idea of having the customer know where I live and what I have at home bothers me.

    If I do it, should I get a camera for surveillance or just not allow them to come over at all? It would be possible for me to pick-up and drop-off their computer but maybe a customer wouldn't be comfortable with me coming into their house.

    Any thoughts would be appreciated

    submitted by /u/bvm1228
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    I'm a software developer, I launched my app yesterday. Does my job solely become marketing now?

    Posted: 30 Sep 2018 07:16 AM PDT

    I launched my startup yesterday! Pretty satisfied.

    So far I only have 30 registered users. The problem is, it's a very niche local, market. Meaning in order to get users I have to find people that fit this niche interest within a 5-10 mile radius of myself.

    By niche market I mean LGBT+ college students.

    Thankfully, I have 3 very big universities around me (est. lgbt+ college population of around 12-16k), but being a software guy, marketing isn't what I'm best at. I have a couple other people on my team, and we're trying to get this out there, but it seems like it'll be a challenge.

    Now that the app is launched with few bugs, does my job now solely become marketing? Does any marketing strategy come to mind when I say lgbt+ college students?

    submitted by /u/JacobSaid
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