Employees working from home, what to be aware of? small business |
- Employees working from home, what to be aware of?
- Anyone has a Gunite business?
- Need some input on the future of my small business
- Are your homeworking staff giving 100%?
- Security Cameras
- how to grow my business?
- Evaluation to purchase a one and half year old franchise
- It it worth it to open a small business in California?
- Small Machine Repair Database + Reporting Options?
- I have a plan and idea, but it’s loosely put together and I need advice from someone in the industry
- Thinking of moving away from G Suite. What are the other options?
- Looking for suggestions for promotions for my doggy daycare
- Memberships portal on my website for meditation sessions
- Unique Business Idea Validation
- Advice on payroll for contractors
- Do we need a business license to start these services?
- Looking to test out new strategy or product
- I made a simple Customer Lifetime Value calculator
- Buying a Vehicle
- Recommendations for registered agent service? (For Cali LLC)
- What was the first point in your business that you put your trust in another person to get it done rather than yourself?
- Business Loans for growing niche business
- Equity in lieu of cash
- Started a contracting business with my father-in-law. Things are going well, but we are confused by (seemingly lack of) options to solve cash flow issues outside of taking personal loans/credit cards out.
- Adp alternative?
| Employees working from home, what to be aware of? Posted: 05 Feb 2019 10:55 AM PST Hi all, I am in the process of taking over my family business, an insurance brokerage. A few years back we moved our office out of the big city, our 2 employees who live in the city now have to commute about 1.5 hours a day each way or 3 hours total. My parents are old fashioned in that they want to see their employees in the office every work day, 9am to 5pm. I can see the importance of that, but given how technology has changed I want to leverage the ability of having our employees work from home. Have any of you done something similar? What are you suggestions and thoughts on it? The main reasons I want to have my employees work from home are:
Please let me know your thoughts and experiences with having employees work from home. Thank you! [link] [comments]  |
| Posted: 06 Feb 2019 03:21 AM PST Gunite business like pool construction but just the Gunite part. [link] [comments]  |
| Need some input on the future of my small business Posted: 05 Feb 2019 09:15 PM PST Hello So I have a couple questions. A little background first: I own a small town convenience store (no gas or lottery, but with beer/deli) and run it myself with one partner. We have been at it for almost 3 years, and have seen it grow each year as we worked 15 hour days, 7 days a week. As we approach that third year, we are still growing but the reality of getting burnt out is starting to show its face. We feel like there's another year, maybe two of grinding out in the tank, but I need to start considering what's next and never really had an exit strategy thought out before. Obviously (I think) the thing to do would be to hire an employee or two and free up some of the hours to allow growing the business rather than working in it. However, I have always been weary of hiring people, and to be perfectly honest, have some general trust issues as well. On top of that, I'm not sure if I could afford employees especially with minimum wage going up (I'm in CA. Although I do support the higher minimum wage lol). So my first question is what would be the best way through this path? Should I just try to hire someone for whatever hours I can afford to, or is that not worth it? Because I feel that person wouldn't care enough to maintain any standards for a couple-hour-a-week minimum wage job. Alternatively, I have considered the path of selling the business and just moving on to something else. My inexperience here (besides with all of it) is....well, yeah, with all of it. Would a lawyer be required? What's the best way to value a business (but with no owned property)? Is it better to try and sell it myself on a site like bizbuysell or go through a broker? Probably common, but thinking about all these details in my head is stressful. [link] [comments]  |
| Are your homeworking staff giving 100%? Posted: 06 Feb 2019 04:02 AM PST With an increasing number of people enjoying flexible working, how can you ensure that you are getting the best from your staff?#UCentric monitors all aspects of #telephony, #UC, #BI and building access. #UCentric - data worth listening to [link] [comments]  |
| Posted: 05 Feb 2019 11:25 PM PST Running in to an issue at the new place where we can't get cameras wired outside so probably have to go with a mix of WiFi (with power outside) and wired inside. I usually go with SwannView at my other bars but looking to hear other peoples' experience with other brands. [link] [comments]  |
| Posted: 05 Feb 2019 11:16 PM PST is there any specific reddit where i can advertise my business? [link] [comments]  |
| Evaluation to purchase a one and half year old franchise Posted: 05 Feb 2019 06:49 PM PST I'm in the exploratory stage of buying an existing franchise. Here is some background information to help answer this question. The franchise is a a small b2b franchise in the printing space. The franchise was started in 2017 but the first owner left and move away after only a few months The second owner bought it in late 2017 and has one year completed. The break even is $300k and from what I could tell, they have broke even in 2018. The reason for second seller has to do with personal family issues which I explored in detail (let's assume this is true). The location is in prime area of the city with growth possibility. The average sales of all the franchise is $700k. So it is underperforming. I was actually considering purchasing a new franchise and with all the fees, equipment and lease would have been roughly $250k The current owner wants to get out with an asking price of $80k all inclusive. There is no outstanding debt. The employees are set and there is very little overhead. What are some questions I need to ask? How can I correctly evaluate the purchase price. This is my first business purchase. Family and friends think this is a good buy. One differentiator for success in this franchise versus other is sales. This is my background so I can easily see double sales because of the area and b2b in the area. Just the equipment alone is worth $150k. Any help would be appreciated. Thanks. [link] [comments]  |
| It it worth it to open a small business in California? Posted: 05 Feb 2019 09:01 PM PST Hi everyone, I'm considering opening or buying out a small business and was looking from advice. Is it worth it to open a small business in California? I'm an Optometrist in Northern CA and my dream was to open my own private practice or buy one out. With all of the new taxes, smaller reimbursements from insurance companies, rising rent, and rising minimum wage, is it worth it? I (32F) have $275,000 and no debt. If I don't go into a small business, owning real estate looks like a great option. Thanks! [link] [comments]  |
| Small Machine Repair Database + Reporting Options? Posted: 05 Feb 2019 08:21 PM PST Hello, We need a small database for repairing machines. We sell machines to customers, and sometimes they are sent back for repair. We stock our inventory of 'parts' in the warehouse and want to keep track of what machine fails, and, which part in the machine fails as well. And then generate reports every once in a while as to which machine has high failure rates and which parts within that machine is failing. We've looked at CMMS systems but I think that's over kill for our needs. Does anyone know of other options (yes, I know MS Access, but that doesn't seem right either). [link] [comments]  |
| I have a plan and idea, but it’s loosely put together and I need advice from someone in the industry Posted: 05 Feb 2019 03:42 PM PST Hello r/smallbusiness, I'm a 20 year old man living and working in Southern California. Since I can remember, I've had a passion for the ocean; the life in the ocean, ocean sport, sailing, but mostly diving and spearfishing. Being beneath the water is truly my passion, so much so that I've decided I'm going to earn my commercial diving certification at Santa Barbara City College in the Fall 2019 semester. Now when I began this new venture, I originally planned on entering the off-shore diving industry, and working on oil rigs either off the coast of Southern California, or off the Gulf of Mexico. However, I realized that the constrictive hours, and extremely physically tolling work is not something I'd like to do if I have other options. As of late I've been doing some research into boat detailing, and in-water boat cleaning. There are many harbors lining the Southern California coast, enough that I could definitely develop a customer base, even if I started small by just being self-employed and doing in-water cleaning with my scuba gear and some cleaning gear. The commercial diving certification and associates in marine technology would at least go to show I understand how the marine equipment should be handled and how to care for it. All I'd really need is a decent sized van or truck, some simple business cards and the rest of the gear I'd need to clean the boats. This would definitely start small, with just myself, but my vision is eventually to bring a team of divers around with me, doing professional cleaning in half the time it would take just by myself. I understand this idea seems simple, but I believe that something simple yet sustainable is a safer idea especially considering I really have no experience in business management, and I feel there's room to grow as I earn more clientele and money. If anyone comes from or works in this industry, I'd love to hear your thoughts, any advice, or even if you think my idea is flat out bad, I'd just love some feedback so I can recalibrate my expectations and hopefully find some fundamentals to learn and build from. This plan is flexible in its execution; I'm not hard set on anything yet, mostly just brainstorming how I can turn a simple in-water boat cleaning service into an actual, profitable business. I plan to at the very least take one step ahead and start doing some freelance in-water cleaning starting this summer, and go from there. Thank you for reading, and any advice you may have to offer. [link] [comments]  |
| Thinking of moving away from G Suite. What are the other options? Posted: 05 Feb 2019 09:28 AM PST I have G Suite currently, and the fees are going up $12/year. I'm looking into other options. I thought Microsoft Office was cheaper but I'm only seeing $9/mo for the Office 365 Business account as the smallest "business" plan. What do you guys use for fast and reliable email that is also accessible via Android and doesn't have problems with spam? I am the sole person who will be using this so I don't need much. Just an email address attached to this domain, and other stuff is cherry on top. 1TB OneDrive storage would be nice, but not for $9/mo. [link] [comments]  |
| Looking for suggestions for promotions for my doggy daycare Posted: 05 Feb 2019 07:09 PM PST I am trying to get more daycare dogs. Even 1-3 days a week. Thinking of offering buy 10 daycare days ,in 1 month get the 11 free .. any suggestions would be great. Also looking at doing a discount for booking for 5 days a week . Currently I charge 25 for daycare and 35 for overnight [link] [comments]  |
| Memberships portal on my website for meditation sessions Posted: 05 Feb 2019 07:02 PM PST Hello friends, Not sure if this is the right place to reach out, however, I'll give it a shot! I have a small wellness business, it includes health foods but I primarily teach mindfulness meditation in yoga studios and corporate venues. I would love to take my offerings online and teach sessions online via zoom. This would require me to create a members only online portal through my website (Squarespace with e commerce through stripe) and I'm thinking through logging in, clients would then have access to 1:1 consulting or 'group' classes. My question is has anyone set up this sort of portal on their website? If so, how? And any recommended readings to enable me to do the same? Thanks in advance! [link] [comments]  |
| Unique Business Idea Validation Posted: 05 Feb 2019 06:54 PM PST Snail mail (Postcard) + QR codes (Which can link to a custom made video, YouTube, Vimeo, etc). Sending Videos Physically. With the digital overload that we all faced each day, A simple postcard with a personal video that pops up seems like a good idea? P.S. With a passcode, your video can be watched with privacy.
Thanks for your feedback. [link] [comments]  |
| Advice on payroll for contractors Posted: 05 Feb 2019 06:45 PM PST Hey gang. Any advice on best platform to pay contractors on an infrequent basis and also manage 1099s? I'll be paying them once every few months. I'm using the free version of Wave for accounting. Their chat help service said I could enable and disable payroll services whenever I needed but it's $20/month and like $5/contractor. Seems excessive to pay $25 Everytime I need to pay someone. Any experience with Square Payroll? Seems slick but am unsure if it's $5/contractor every month or $5/contractor per pay period. Thanks for any advice! [link] [comments]  |
| Do we need a business license to start these services? Posted: 05 Feb 2019 06:43 PM PST At least at the beginning? Looking to do services for seniors, such as running errands and nonmedical care/companionship as a side part time thing. But in order to do that do we need a business license? Is it something we can do on the side and then if it really picks up get a business license? We don't know if it will be successful at all know so don't want to invest in a license if we don't need it right now. [link] [comments]  |
| Looking to test out new strategy or product Posted: 05 Feb 2019 06:41 PM PST I'm looking to help small businesses with their current social media strategies. I specialize in revamping and simplifying complex social media plans for small businesses and nonprofits and would like to test out my new strategy before charging for it. If anyone is interested please shoot me a message. [link] [comments]  |
| I made a simple Customer Lifetime Value calculator Posted: 05 Feb 2019 06:26 PM PST I made a website that lets you find the simple customer lifetime value of your company's customers, since I couldn't find one online that you didn't have to download. I hope you all find this useful! Here is the link to the calculator: https://ralphchaplin.github.io/clv_calculator/ [link] [comments]  |
| Posted: 05 Feb 2019 10:29 AM PST Question for you all out there... Currently operate an LLC (2 member, equal partners) in New York State in the in home service industry. We are adding a new pickup truck to our fleet that will be used for business and for personal use by my partner. If I had to estimate mileage, 70% of the mileage would be for business use and 30% for my partner's personal use. What's the best way to purchase this truck? Through the LLC? Or does my partner buy it personally and run mileage expenses thru the business? Thanks for the help! [link] [comments]  |
| Recommendations for registered agent service? (For Cali LLC) Posted: 05 Feb 2019 05:46 PM PST Google just seems to bring up a bunch of ads and the last hour of Reddit searching shows mostly old suggestions or people arguing about being their own RA. Are there any current suggestions for registered agent services for a single-member LLC in California. Just to get it out of the way - Yes, I understand I could (technically) use myself but I don't want to for privacy reasons. - No, I don't have a lawyer to ask to be one for me. - No, I don't want to ask family either. Thanks! [link] [comments]  |
| Posted: 05 Feb 2019 05:27 PM PST I'm curious about the first "let-go" experience you had where you felt ready to put your full trust in somebody else to accomplish something in your business (be it a freelancer, first employee, or casual acquaintance). At what stage were you in your business? How did it go? How might you have done it differently? What sort of things would you recommend to make it the most effective? How long was it before you continued on to your next "let-go" moment? [link] [comments]  |
| Business Loans for growing niche business Posted: 05 Feb 2019 10:24 AM PST What are some of the best ways to get a business loan to speed our growth? We have the clients but are looking at hiring additional employees and leasing office space. TIA from a growing LLP in Texas. [link] [comments]  |
| Posted: 05 Feb 2019 03:04 PM PST Providing equity to key contributors in a growing startup. Has anyone tackled this challenge? [link] [comments]  |
| Posted: 05 Feb 2019 02:44 PM PST Edit: I realize I asked a very basic and commonly asked question for this sub. My apologies. Hello /r/smallbusiness; /r/PersonalFinance sent me over here: tldr: Started a very small business (2 people) with my dad in law. We are a LLC S-Corp. Been around 6 months, doing good but want to know what options are there to finance this outside of taking out personal loans, and personal credit cards? 6 months ago we founded our business, we are tradesmen/craftsmen who primarily cater to industrial clients, as well as residential jobs. We started with nothing (no loans), he worked some high paying traveling work to get us several thousand to buy basic equipment and we jumped right into bidding the jobs we could handle (small residential paint jobs and carpentry work). With that money we began purchasing the various insurance policies, and what-not to be eligible to work in the local factories. By the time we were squared away and ready to work for these much higher paying industrial clients, we had burned through much of our savings (just a couple grand from the get go), the income we had made from those small jobs, and my 401k. Industrial clients typically have payment terms between 30 days to up to 90 days. So we felt that we should take out a loan to subsidize our incomes as we started these larger jobs. We were told by the bank our business uses, and our personal bank that we would not be eligible for a business loan. I have a credit score that hovers around 800 and my wife also has about an 800. My wife and I decided to take out a loan for $10,000 to help fund things as we awaited our first invoices to be paid. 6 months in things look promising. We have low overhead, we are able to cover our bills as a business, we are on track to meet my sales goal for our first year. Our first big checks are coming soon. However, I did not think it would be so difficult to get a loan as a business. What other options are there to finance my business without tying everything to my personal credit, or if we have to use our personal credit what recommendations do you have? Thank you. [link] [comments]  |
| Posted: 05 Feb 2019 02:24 PM PST I was looking at the payroll fees I may monthly ($~60) and I was wondering what other people use. I starting a single person LLC filed as an scorp. I pay myself once a month. I have a set amount to pay myself every month and Adp sends my bank account a check and cuts the needed tax checks. Once my accountant needs my numbers; I just pull the docs from the adp portal. I'm looking for cheaper options... suggestions? [link] [comments]  |
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