Can I sell a delinquent customer’s product after 18 months of nonpayment for service? small business |
- Can I sell a delinquent customer’s product after 18 months of nonpayment for service?
- Acquiring a business with an investor
- Checks - how to pay yourself (small business)?
- I want to employ my freelance(?) friend who started their own single member LLC design agency, splitting profits for each project she works on 50/50. Do I pay her as a 1099? Does she invoice my company via her company?
- Copyright infringement scam
- How do some internet retailers charge such low amounts for their shipping?
- Best way to promote a book?
- Dealing with suppliers
- Employment Law Investigations
- Setting up a formal business for consulting
- Any local shops need pro bono advertising/marketing advice?
- Excess cardboard.
- WAINLUX K6: ENGRAVE YOUR CREATIVITY INTO A BUSINESS IDEA | Gizmo Hub
- Acquiring my employer?
- Looking for iPad Paperless Invoicing and Possibly Automated Scheduling via Website for Service Company
- Looking at FBN and someone has registered under the same name but status says "SOS/FTB SUSPENDED"
- Can anyone shed any insight into obtaining an SBA loan for a new business?
- Should I buy some google reviews
- Independent city to city shuttle service <15 passengers.
- After loads of terrible jobs (and no job market, thanks Covid). I’ve finally pushed myself to start the process of registering an LLC to become a small business owner. Questions on stocking up.
- I have two new mystery products launching tomorrow. What can I do to get a lot of anticipation built for it?
- Best Financial Solutions For A Startup
- 3 Benefits of Building An Email List For Your Business
- A naive question/ what to sell online
- Help! How can I sell my handmade pet products? ��
| Can I sell a delinquent customer’s product after 18 months of nonpayment for service? Posted: 20 Aug 2020 10:21 PM PDT My company (family-owned machine shop) did extensive service to a customer's product that was invoiced 18 months ago. It has sat in our shop ready to ship this whole time while the customer has evaded phone calls and only occasionally responded to emails, promising to provide payment in-person on future dates that he did not show up for. In an email from me a few months ago, I suggested we sell the product to recoup the owed money for the service. No response. He has essentially abandoned his product in our care. My question: Am I able to legally sell this product to recoup the outstanding balance? If not, are there steps I need to take to do so? If it is relevant, our company is California-based and the customer is out-of-state. (Perhaps this post better suited for /r/legaladvise but I'm curious if fellow small business owners have had similar predicaments.) [link] [comments]  |
| Acquiring a business with an investor Posted: 20 Aug 2020 07:19 PM PDT I own a machine shop that is running well. There is currently another machine shop business that is going for sale and I'm sure it would make a great addition to our business in terms of customers and services. The asking price is $4M. I know I can get a business transfer loan for $3M. The question is how do I structure the equity/cash injection from the silent investor? My thought process is giving him an annual 15% dividend and then also splitting the ownership in the new business 50/50. Will this work? If anyone has experience/advice, it would be greatly appreciated. [link] [comments]  |
| Checks - how to pay yourself (small business)? Posted: 20 Aug 2020 04:02 PM PDT Hi, I was considering ordering checks to pay myself a salary from the business account, but I found out they would be $60 for 80 checks, which seems ridiculous, since I would only be using the checks to pay myself. All other business transactions are covered via the business debit card or credit card, or PayPal. I don't see another situation to order checks for, so how do you pay yourself, are business checks even worth it? Thank you [link] [comments]  |
| Posted: 20 Aug 2020 05:31 PM PDT I hope that makes sense, sorry for any confusion by my wording. [link] [comments]  |
| Posted: 20 Aug 2020 03:46 PM PDT I originally posted this on /r/legaladvice but I thought I should put it here as well for other small business owners. About 3 days ago I received a notice from Facebook that they've removed my business' logo due to copyright infringement. Then just yesterday I received an Amazon abuse report that my website was serving material it wasn't meant to. In amazon's email it referenced the copyright claim to come from someone in Montenegro and a link to a page on https://www.logostack.com/ with a logo that looked like mine with different colors and even had features that I put in specifically about my business with a price of ~$300. I tried to check google's index date on the page but it had none. I suspect it was created recently. I created my business logo about 16 months ago and have the original AI vector files. Probably timestamped on Google Drive as well. I thought about just buying it to resolve the issue quickly but I figured things like this may happen again and I need to know how to defend myself against such attacks while not relinquishing my rights as the original copyright holder. I have read online that neither Facebook nor Amazon has the authority to decide who owns the copyright and are just complying with laws with immediate take down when given notice. It is up to the court to resolve the matter. It is annoying that is the case but I can understand it being necessary to protect legitimate copyright holders. I put in a counter notice with Amazon and they have since stated the matter is resolved but Facebook has yet to reply. I have also contacted Logostack with a counter claim for copyright infringement but they haven't replied to me. This morning the person in Montenegro emailed me and threatened me with $10,000 USD in court damages. This all sounds very typical of scam and I believe it should be resolved but I couldn't find any information about anything similar through google search so I thought I should post it here for anyone in future to see and perhaps if anyone with more experience in the issue could chime in I would greatly appreciated it as I'm sure future readers would as well. It looks like this person has done this many times before with all the logos they have on their profile and it's really sad to think there's yet another scam out there targeting small businesses. As if we don't have enough to worry about already. [link] [comments]  |
| How do some internet retailers charge such low amounts for their shipping? Posted: 20 Aug 2020 02:57 PM PDT I'm on the verge of launching a company I've been working on for the last two years with a partner. We're now realizing shipping is a bigger concern than we'd initially anticipated (we have spend 99% of our energy protecting our product with IP, building quality products as well as a robust website). Now that we're finalizing the details on the website we've realized shipping will cost considerably more than we'd anticipated. I notice many online retailers that offer very cheap shipping. Are they just eating the costs to make things easier on their customers? Or do they have shipping logistics that really are just that cheap? Is cheap shipping simply a function of volume? I've noticed that some smaller online retailers offer shipping on relatively large or heavy objects for prices like $12.95 or $8.95. When I get quotes they're generally 5-10x that cost. With so much stuff being shipped around the world all the time, I'm wondering how companies are doing so this cheap. Or if that's just not actually the case. Any and all leads or ideas welcome. Thanks and take care. [link] [comments]  |
| Posted: 20 Aug 2020 04:57 PM PDT My friend and I decided to be productive and write a book during quarantine. It's a book of puzzles/riddles targeted at adults! It's about to be published, and we're responsible for handling all marketing. My first idea to promote it was to start a podcast where we invite contestants and make a gameshow out of solving the riddles; obviously using it to plug the book. Great, but now we also have to promote that too. At this point, I'm treating it more like a startup/brand. Does anyone have specific tips for success promoting their book? My background is advertising/marketing, so feel free to get technical with paid ad details etc. Thank you! [link] [comments]  |
| Posted: 21 Aug 2020 03:56 AM PDT Just had my first confrontational phone call with a supplier. I understand in the scale of things my business probably isn't their priority. I got a lot of 'yes' answers and 'your right' and ended up with my order being dealt with 'ASAP' and to expect it next week. I placed it on August 5th with an expected 5 working day delivery period. I've sent 2 emails previously and they never replied, they apologized for that. I got off the phone feeling like I accomplished something but in reflection I feel they just told me want I wanted to hear and got me off the phone. Any advice on how to deal with suppliers and how do I make sure I am a priority ? [link] [comments]  |
| Posted: 20 Aug 2020 06:23 PM PDT I am an former prosecutor. I have also worked as a plaintiff's employment lawyer. I started my own law firm this spring during Covid doing almost exclusively criminal defense work. I also have skills in Python, HTML, CSS and to a limited extent JavaScript. I have an idea to to add to my practice but I wanted to see if this would be helpful to small businesses which are my target market. I am thinking about creating an automated workflow to aid me in gathering at least the basic information to conduct employment law investigations. We did this to an extent in my prior firm for plaintiffs, but I want to take it, extend it and offer it to small employers. The idea would be to offer what I have thought of as a "preliminary investigation" as a flat-fee product. I think that I could use computer automation to gather the basic information such as who is involved, what is claimed to have happened, whether there is any physical/electronic evidence to support the claim. I can then take that information, review it and make a recommendation to the employer about whether further investigation is necessary or if other action is required. I believe that having me do it provides several advantages:
I think that my idea would benefit small businesses that can't afford to hire a general counsel or outside counsel. I am not saying that this would be a solution for every potential employment law issue, but would instead be a valuable tool under the right circumstances. I am unaware of other law firms offering something similar. I believe that it is because they have no incentive to develop such a thing because they make money through billable hours and not by increasing the efficiency of the work that they do. In fact, I saw recently that being too efficient was rated as a major reason that law firms fire attorneys. [link] [comments]  |
| Setting up a formal business for consulting Posted: 20 Aug 2020 06:18 PM PDT Pre-covid I had started to consider trying some freelance consulting work and have just now been given an opportunity to do so. Most resources suggest that I should form a formal business but I am wondering if that should be an S-Corp or an LLC. After this initial project it's hard to say when I'll book more work given the state of my industry. I'm working part time outside of this and also collecting partial unemployment. Basically I am hoping to be able to keep UC as an option if I'm not able to line something else up afterwards. And what little money I'll make from this first gig I intend to put back into the business. Is there a way I can get payment for the service and limit or not pay myself at all? Or would it be best for this job to pay me as an employee for a temporary period and I can setup a "consulting firm" at a later time? I realize it may be best to reach out to an accountant but wanted to ask here first. [link] [comments]  |
| Any local shops need pro bono advertising/marketing advice? Posted: 20 Aug 2020 11:20 AM PDT EDIT: Realized I should have been clearer about "local shops" in the thread title. No need to be local to me. I meant a local business that only serves your local community. Example: local restaurant or flower shop. If you have a storefront and count on business because of things like foot traffic... and COVID is screwed that up for you, I want to help you understand "digital foot traffic" a little bit better to make sure you can at least capture what business you can. My backstory: I did a lot of local digital marketing a few years ago for big companies (Dominos, Bridgestone/Firestone, Dolby/AMC, Brinker International). Then I went to grad school and had a strategic marketing role helping bring a tech company public last year. Long story short... I'm in interviews right now with Facebook and Yelp and started wondering if maybe I take some of my vested stock to take a break from the typical 9-5 and give back to the local shops that help build our local communities in the form of free consultation or advice. Reach out with questions and I'll help if/where I can. My specialty is more regarding digital tactics, so heads up I probably can't help that much regarding things like print ads, etc. Starting this thread because I don't like how COVID is disproportionally hurting smaller businesses. [link] [comments]  |
| Posted: 21 Aug 2020 04:03 AM PDT Keeping it short, I have access to at least 3 40yd dumpsters a day, full of cardboard. Most of it are busted gaylords and ones in good condition that my company just wont recycle. Not really any paper board products..all corrugated. I can't think of any ways of taking all this and turning a profit of some kind. Don't have the capital to acquire trucks and rolloffs, not to mention what to do with it all before processing it. Recycling it at a plant doesn't seem worth the hassle of starting up all that to be honest. Any ideas? [link] [comments]  |
| WAINLUX K6: ENGRAVE YOUR CREATIVITY INTO A BUSINESS IDEA | Gizmo Hub Posted: 21 Aug 2020 03:58 AM PDT |
| Posted: 21 Aug 2020 12:09 AM PDT Unfortunately I can't give too many details since my boss may or may not be on reddit. I've owned and operated several businesses in the past and am more or less an "intrapreneur" in our company. Long story short, the owner of my small company (USA) is pretty checked out and making lazy mistakes that worry me. The business is actually situated in a growth market despite covid (tech services), has cash flow, brand equity and employees. Few hard assets. Fairly certain my boss would gladly hand off the business at a bargain if someone wrote him a check. There is 20 years of baggage and skeletons in the bookkeeping but the owner is a very nice guy and our key man on the team is loyal to him. I couldn't just duck out and start a competitor with the key man and wouldn't want to. Does anyone have experience acquiring their employer in this situation? Assuming the process could take up to a year or more? I would be starting from scratch and not sure where to start.. [link] [comments]  |
| Posted: 20 Aug 2020 06:12 PM PDT As the title states, first looking to get away from paper invoicing and gravitate towards a tablet on site and emailing receipts while adding to a dbase every time customer data is entered for future service reminders or just adding some value to this business so I can sell it once I'm organized. Wondering what services people use for residential service companies? Also considering testing out some automated scheduling where customers log in and prepay for service and choose their time window. The biggest problem with this could be jobs getting booked that are pretty far from each other and increase travel time...but I'd like to know if people are doing this what they are using. [link] [comments]  |
| Looking at FBN and someone has registered under the same name but status says "SOS/FTB SUSPENDED" Posted: 20 Aug 2020 08:56 PM PDT What does this mean? Am I able to take it given its status is suspended? [link] [comments]  |
| Can anyone shed any insight into obtaining an SBA loan for a new business? Posted: 20 Aug 2020 08:34 PM PDT Looking for about 150k loan, credit score is 750 for both people involved and cash on hand is approx $50,000 If anyone has dealt with a sba loan what are the monthly payments, and application process like? thanks, [link] [comments]  |
| Should I buy some google reviews Posted: 20 Aug 2020 07:54 PM PDT I have a small business and I have gotten 4 reviews organically from real customers, and they were all 5 stars. I would love to have like 25 five star reviews though, I know of some people that paid for reviews, and they mentioned its just their reputation that they are building and its hard to say how many people used their service because of the reviews but its nice to see 20-30 5 star reviews when people google you. Is it worth shelling out a few hundred bucks and just pay for some fakes to nudge word of mouth and reputation in the right direction. [link] [comments]  |
| Independent city to city shuttle service <15 passengers. Posted: 21 Aug 2020 01:38 AM PDT I think I have a good idea for a small business that could start out as a one man operation but could also scale up a bit as needed and be profitable for several employees. So for now I'm not going to give out the proposed location and route for this business idea. Any insight you can provide would be appreciated. Looking for someone to tell me what is good about my plan or what may need more planning, or if there's something about my plan that makes it a terrible idea I should avoid altogether. So here goes.... Let's say I live in a city (we'll call it ST for Small Town) of 100k people that is an hour and a half away from a large metro city (we'll call it BC for Big City) of 1million people. This route has no passenger train service, no Greyhound, no bus service or public transit at all. BC has a large airport and ST has a tiny airport that does have flights to BC, but there are no direct nonstop routes from BC. If you plan your trip several days in advance to save money, you can get a round trip plane ticket from ST to BC for around $300, but each way the flight gets diverted to a large city 200+ miles away, so what should be a 90 mile direct flight ends up being a one stop one transfer (with possible layover) 300-400 mile trip each way. It's a huge pain in the ass. An Uber from ST to BC costs $110, $140 for UberXL. There is a high demand for people in ST to occasionally visit BC, whether it be for weekend getaways, recreation, visiting friends and family, seeing big name concerts, national sports teams, and shopping. A lot of those people would be happy to use public transit if it were available, and a lot of people might be more inclined to use a ride sharing service if it were a bit more affordable than paying for a long distance dedicated Uber ride. So my idea is to purchase a transport vehicle, something like a 1 ton <15 passenger van, or a shuttle bus type of vehicle that DOES NOT require a CDL to drive. I could either do an on demand booking service where people call in and request a pickup time. Perhaps I could try to pack as many people into one trip as possible by offering discounts for booking a day or two in advance. I could also just run the route X times a day and have a set schedule that would be easy for advertising purposes and planning. I'm looking at doing this with as little licensing and red tape as possible. I would be running the business from home, not having any offices, and would pick people up in town locally. It's my understanding that I could use the Uber model and classify myself as a ride sharing service, using my personal vehicle and not have to have a CDL or be incorporated. But I'm sure there are some hitches with insurance that I'm not aware of. So I'm hoping any of you who have experience with operating as a ride share service and the complications with insuring that vehicle could chime in and let me know the hoops and loopholes involved with that. Also, I could probably start this with no loans, but may need a loan if I were to purchase a brand new vehicle to start this business. And a small business loan could help me if I needed to scale up quickly. Anyone have any experience writing a business plan for a small independent transit/shuttle service? So what about this plan sounds good or bad? What would you do differently? [link] [comments]  |
| Posted: 20 Aug 2020 09:45 PM PDT I'm going to be throwing myself into electronic repair. It's something I enjoy very much, and something I could see myself very satisfied doing as a career. Any of you in this business? If so, could you give me some advice on starting up? I'll be working out of my home. I've got a toolkit on the way, but I'm not sure what to do about part stock. Should I just buy a bit of everything for cheaper parts? Or is it more effective to buy old phones for parts [link] [comments]  |
| Posted: 21 Aug 2020 01:00 AM PDT I sell hand-painted signs and I'm going to launch to mystery gifts that will include a small painted sign and other things depending on the amount bought. How can I get a lot of people interested in this? I think it's a great idea to get a cheaper version of my product. [link] [comments]  |
| Best Financial Solutions For A Startup Posted: 21 Aug 2020 12:57 AM PDT https://businesslineofcredits.com/best-financial-solutions-for-a-startup/ Securing advances as a startup is no simple undertaking. There are such a significant number of advance choices accessible that it is anything but difficult to take out an inappropriate advance and stall out with an inappropriate rates. Rates aside, there are many credit choices which are not reasonable for specific new companies, just as elective sorts of account which would handily be a superior fit. The following are 7 of the best money related answers for a startup, contingent upon the one of a kind conditions of the organization. [link] [comments]  |
| 3 Benefits of Building An Email List For Your Business Posted: 20 Aug 2020 08:19 PM PDT every business has their own marketing strategies in reference to attracting leads and generating sales within trial and error. although this can seem a bit pricey while starting out, one way we talked about in a previous post, is email marketing. we want to share 3 benefits to building an email list for your business:
no matter if it's someone signed up from social media, an ad, or from your website, they were intrigued by what you have to offer! providing consistent, valuable content via email will build creditibility within your list and your subscribers will always be looking forward to what's next!
use this to be more personable even though you may be sending a mass email! this can be done by being creative within your emails (polls, surveys, deals, etc.)
building an email list is simple, but takes time and a lot of work. although there are many strategies that may work, email marketing is highly recommended due to it being the most reliable to reach your target audience. do you use email marketing for your business? if so, share down below your experience. [link] [comments]  |
| A naive question/ what to sell online Posted: 20 Aug 2020 03:46 PM PDT Hi, I know that is probably super silly / naive but i want to try my chance, i love this sub anyways Can someone recommend me or advise me relatively easy/ profitable/ niche product to sell online. Home stay dad looking for extra income and dont have much experience but looking for right/ good products to sell. [link] [comments]  |
| Help! How can I sell my handmade pet products? �� Posted: 20 Aug 2020 10:33 PM PDT Hi everyone!I have a small business of handmade pet accessories (mostly collars) I'm not sure what I'm doing wrong, but my sales have been really bad even before the pandemic 😩. I have been doing all kind of online courses about digital marketing, sales, etc. I really don't know what else to do. Any advice on how sell pet products? Thank you so much. [link] [comments]  |
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