• Breaking News

    Monday, December 7, 2020

    Promote your business, week of December 7, 2020 small business

    Promote your business, week of December 7, 2020 small business


    Promote your business, week of December 7, 2020

    Posted: 06 Dec 2020 05:49 PM PST

    Post business promotion messages here including special offers especially if you cater to small business.

    Note: To prevent your messages from being flagged by the autofilter, don't use shortened URLs.

    submitted by /u/Charice
    [link] [comments]

    Today I got my 5th order

    Posted: 06 Dec 2020 01:45 PM PST

    I really hope these types of posts are allowed. Sorry if they aren't :/

    During COVID I got tired of sitting at home. Working 40 hours a week from my own home at 20 years of age just doesn't do it for me and it's tiring.

    I decided to start my own clothing brand and today I received my 5th order. 5 orders may not sound like a lot to most people but I couldn't be happier. I feel like I'm floating in the clouds and my girlfriend couldn't be prouder

    I just wanted to say to anyone who's thinking of starting their own business online; DO IT! If you are smart about how you do you don't really have much to lose.

    Thank you to anyone who took the time to read this and good luck in your own business endeavours!

    submitted by /u/kparky_
    [link] [comments]

    Profit Sharing

    Posted: 06 Dec 2020 10:54 AM PST

    For those of you who own a small business and have implemented profit sharing, can you please share your experiences? Questions I have are:

    1. What percentage of EBITDA do you allocate to profit sharing?
    2. How do you formulate the distribution about various employees?
    3. Are toy employees paid below, at, or above market rate?

    Thanks!

    submitted by /u/Puzzleheaded-Ad-7632
    [link] [comments]

    19/yo starting my first business (catering), have some LLC questions!

    Posted: 07 Dec 2020 01:20 AM PST

    Hello all I am a 19 y/o starting my first business its a coffee catering company. I have some questions regarding all the paperwork but don't have many people to ask around me and I also don't have too much money to spend but any advice would be appreciated really!

    A family member recommended I go the LLC route in order to protect myself since I am serving hot beverages, and to file my LLC as soon as possible. So I was able to file an LLC for my company (single member LLC) filed back in late August through Legal Zoom and I filed my name with the Secretary of State, but thats all I have done besides buying the domain name for the website I want. I still need to file a BRTC, and also pay the $800 LLC tax fee, but if I have not started making any sales yet do I need to pay that now? I read that have up to 4 months from filing with the SoS office to pay that so that would come February, but I have not made any sales yet so is this fee still applicable?

    As a catering company I will need a food permit, liability insurance, and maybe a small commissary space to rent as a host facility requirement. Do I need to do any of these things first? Like should I get the insurance first, or get the permits squared away?

    After getting the LLC paperwork, tax stuff, permits/insurance, and host facility, I will need to get up a website and social media presence to promote my service, and I think I will need to become familiar with Quickbooks and HelloSign for contract signing. Is there anything I am missing?

    Sorry if this is a little all over the place, I just feel a little overwhelmed sometimes but keep remembering just to take it a day at a time and look back at my notes. The pandemic has hurt the catering economy in a big way, but I am taking the time right now to gear up and learn as much as I can before jumping in as everything starts improving! This is my first time really asking for help and my first business endeavor, so any advice would be greatly appreciated!! Thanks!!

    submitted by /u/FarThrowAway13
    [link] [comments]

    SchoolConvers: Enhance Communication with Your Mates and Teachers

    Posted: 06 Dec 2020 11:58 PM PST

    I am Nav, Founder, and CEO of SchoolConvers. SchoolConvers is an internet-based .com startup that allows students and teachers to communicate online safely and privately. SchoolConvers is an evolving software and new features are released every week. At the Moment SchoolConvers has the Ability to Create Threads, Forums, Todos, and Sick leaves. Many More features are under development and will be released soon.

    SchoolConvers: https://SchoolConvers.com

    GitHub: https://GitHub.com/SchoolConvers

    Instagram: https://Instagram.com/SchoolConvers

    Twitter: https://Twitter.com/SchoolConvers

    You can Provide Feedback by commenting on this post.

    submitted by /u/NavTheNugget
    [link] [comments]

    Path for opening a business bank account

    Posted: 06 Dec 2020 08:07 PM PST

    We just received our verified LLC (planning to file taxes as S-corp on CPA's advisement) paperwork from the Secretary of State and plan to start doing business early next year. For setting up a separate bank account for the company do I need to run that through the CPA that's helping us out or is that more of a 'just contact your bank' thing? We primarily use NFCU if that matters, but have some very old unused accounts with BoA and Wells Fargo.

    submitted by /u/SpawnSnow
    [link] [comments]

    Business text messaging providers?

    Posted: 06 Dec 2020 07:59 PM PST

    We have a small construction business and are looking for ways to better communicate with our customers. I was looking into setting up a system to text with the customer, but I don't know where to start or what to look for.

    Customers would likely send photos of what they want repaired or pics or pictures of what they would like the final product to look like.

    Any input would be appreciated, thank you

    submitted by /u/andysuave69
    [link] [comments]

    How to post restrictions on services on Instagram and Facebook.

    Posted: 06 Dec 2020 10:03 AM PST

    I am new to all this and just trying to find the best way to go about it.

    Basically I've been in the hospital the last 5 days. I still am. My spouse is taking care of internet orders for the online store for me.

    I am hoping to be released today or tomorrow. Most likely I'll be put on bed rest and won't be able to do service calls (IT help desk etc).

    I don't want to lose people for our online store. But in terms of our in person clients (really small business I just started and it's just me husband doesn't do help desk or anything like that) what should I do?

    Should I post on our website, Facebook/Instagram page about a reduction of services? How should I go about this?

    submitted by /u/hikarisilver
    [link] [comments]

    Day1 : WIIFM( #1 mistake business make online)

    Posted: 06 Dec 2020 10:14 PM PST

    What's In It For Me

    (Me being your customers)

    You see that sentence up there,absorb it.

    I've read hundreds of sales pages,sales letter, product description, websites,ads,etc and most of the unsuccessful ones just talk about themselves. Things like - We are the best X, We are the best at Y, etc.

    {Now if you're a BIG BRAND with millions of dollars for advertising and marketing then fine... stop reading rn. You should also stop reading if you really are THE BEST at whatever you're doing( provided you show them the proof)}

    But for the rest of us who can't do that , you need to understand this= "People Only Care About Themselves"

    We are human beings and we all are very selfish. You,me,your customers,and every single person on this planet is the same. So use that selfishness to you advantage.

    Let me show you another example:

    Sales page A: - We are the best supplement company for women in California

    Vs

    Sales page B: - Californian Woman! Let us steal your fat!

    If you were a woman from California which one would you choose?

    Now Ik the second one's a bit cheeky and might not sit well with some brands.

    But it WORKS.

    And that's what matters.

    In a world where everyone is doing the same thing, learn to do something different.

    That's it for today

    Keep Smiling :)

    PS: You can steal that headline btw, I won't/can't sue anyone for that 😂

    submitted by /u/parth_1802
    [link] [comments]

    Getting Clients

    Posted: 06 Dec 2020 06:26 PM PST

    I'm looking to start doing consulting work online for personal finance. I just can't seem to get any clients to come to me or accept me as their worker. I don't have any experience job wise but I've been investing for 4 years.

    submitted by /u/LabAdministrative159
    [link] [comments]

    Looking for advice on getting the basics started?

    Posted: 06 Dec 2020 10:09 PM PST

    Before reading just know I am in early stages of getting started and forgive me if what I have said is incorrect

    1. Domain name is bought.

      I need to also purchase hosting and fix the webiste too but need to do more reaseach into this. Im not too educated at the web building part.

    2. I have a name for brand.

    No logo, no tademark done. I am fresh into the start and want to see whats necessary to move forward.

    1. Whole sale and bulk

    I need to purchase wholesale and bulk for what inwant to do. Im in California and ive seen i can get a liscense for 180 or so

    4, resale license

    The items ill be selling wont be my own. Again, im in CA any advice on how to ensure im doing this properly.

    I see articles saying I need my buisness registration number and company name and im unsure on where to start. What should I prioritize first? My buisness will be online only.

    Thanks so much in advance for advice !!

    submitted by /u/klymfs
    [link] [comments]

    Safest Way to Accept Payments without an Online Store? Cashier's Check? Credit Card?

    Posted: 06 Dec 2020 08:21 PM PST

    What is the safest way to accept payments remotely for $400 to $2K items without an online store? My uncle is an artist who recently closed his art gallery due to COVID. People are messaging him asking how they can buy his paintings, but he's super old school and doesn't want to set up an online store yet.

    He's been scammed twice now where people have said "I'm buying this as a surprise for my spouse and don't want them to see if I pay you with PayPal or credit card, I'll write you a check instead." In one instance, the check cleared but then the person closed their bank account and my uncle somehow lost out on the money.

    He was saying he may make people start paying with a cashier's check, but I'm pretty sure those can also be cancelled. Credit cards can also get chargebacks. What do you think is the safest way for him to accept payments? Should I just try to sell him on the merits of setting up an online store? Thanks for your recommendations.

    submitted by /u/1986maria
    [link] [comments]

    Resources for improving product photos?

    Posted: 06 Dec 2020 07:45 PM PST

    Hi Everyone,

    I sell yarn, and although I can draw and paint, I can't seem to take decent photos for the life of me.

    I need like photo taking for dummies, or something like that.

    If anyone can share any resource that helped, that would be much appreciated.

    Also, how do people take those photos that make it seem like the clothes are floating in air with their full shape?

    submitted by /u/Mdzi
    [link] [comments]

    Help deciding on business name

    Posted: 06 Dec 2020 07:28 PM PST

    Hi! I'm starting my own digital marketing & copywriting business.

    I started out really liking 'Once Upon a Time Creatives' but it's a bit too long maybe?

    My friend suggested 'Once Upon a Creative' or 'Once Upon a Creative Time'

    Thoughts on those three and which sounds more alluring?

    submitted by /u/k8ieliz55
    [link] [comments]

    Can we do not use vesting and do not file 83 (b) Election in this case?

    Posted: 06 Dec 2020 03:14 PM PST

    My partners and I want to establish a C Corporation in Delaware. One of us is American, two are Ukrainians. Can we do not do vesting and do not file Form 83 (b) Election? Is it possible to fully issue all the shares at once without vesting and is it 83 (b) Election needed if we don't use vesting? Is there a checklist for opening C Corp in Delaware and what services of a lawyer are needed for this procedure, and how much do they cost?

    submitted by /u/robertbelfort
    [link] [comments]

    Thoughts on Work/Life Balance

    Posted: 06 Dec 2020 10:31 AM PST

    Business owners.

    What are your thoughts on Work/Life balance?

    How important is that to you? What do you do to "balance" your work life and personal life?

    submitted by /u/Yermi_Kurkus
    [link] [comments]

    Good books for small brick and mortar / mom & pop business

    Posted: 06 Dec 2020 04:29 AM PST

    Hi everyone,

    I'm in my mid-30s and have had a successful career working in Advertising Agencies. I've saved up a good amount, and am guessing I have about 5-7 years left in my advertising career before I burn out on the grind. My amazing wife is a pediatrician, and after I finish my advertising run, it's my dream to move to a nice small town and open a neighborhood mom & pop (mostly pop) store.

    Making tons of profit will not be the priority, but ideally we can get it to a point where the store is in the black and it's something I can do in my 40s and 50s.

    I'm starting to brainstorm what kind of store (something like a craft beer bottle shop), but am having trouble finding books aimed at something a little more modest. Most of the things I find are either A) centered around making millions and millions super fast, or B) on some sketchy google result that looked like a paid list.

    So my question: Are there any books that have helped people A) get a baseline in retail brick and mortar (account basics, loans, etc,), and B) helped them think through what kind of store they'd like to open?

    Thanks so much!

    submitted by /u/otepp
    [link] [comments]

    Input on marketing expenses vs net income for a novice?

    Posted: 06 Dec 2020 02:10 PM PST

    Apologies in advance for being all over the place, this has been very stressful and somewhat confusing and im looking for the slightest of 2 cent input or advice on to keep going on or not.

    I do freelance work. I promote people on social media (mostly IG) to gain a following to convert that following into customers. I started on Oct.25th with absolutely no experience and have one client. All net income of my client has a 50% split with me, however I'm doing something wrong and can't figure it out what it is. Also, this is subscription based. So net should rise.

    as of Dec. 6th

    Total Money Invested: 950

    Total Gross: 850.50

    Net: 680.45 after 50% split, thats $340.22 for the two of us. Simply isn't enough.

    If I stop promoting now, net will raise above money invested. I was hoping for a 1-1.5% conversion rate, but ended up with a 0.54%. which frightened me and was very discouraging. It could be the ads im running, it could be the persons product itself, I may be putting the ads infant of the wrong audience. This is kind of a vent at some degree for how stressful it is. Keep in mind I'm only 43 days in, learning as I go.

    submitted by /u/coolbeanshoods
    [link] [comments]

    Mom's CPA (for very small tailoring shop) of 20yrs retired so she hired a new one. The new CPA convinced her to switch from S Corp to LLC. Was this a good move?

    Posted: 06 Dec 2020 02:02 PM PST

    My mom has had her tailoring shop (for adjusting clothing, upholstery, etc) for over 20 years.

    I'm not exactly sure what the situation was but the CPA/the CPA firm she used for 20yrs retired last year and I think was acquired by another CPA firm/CPA business that gained all of their clients. In December 2019, the new CPA convinced her to switch from S Corp status to LLC beginning in 2020 by telling her that she would save on taxes and that the old CPA should have done this for her a long time ago.

    I'm skeptical of this new CPA/the firm because it has been difficult to get straight answers about their fees and other questions.

    Was changing to an LLC a good idea or did the new CPA make her do this so they could collect fees? Really appreciate any insight.

    submitted by /u/saladcircle
    [link] [comments]

    Invoice wording for custom orders

    Posted: 06 Dec 2020 05:48 PM PST

    Hi all! I am wondering how to word my invoices or messages to customers. I make signs and wall art. I do not start an order until the invoice is paid (due to being burned in the past). It's less of a bug deal if it is not custom and something I have in stock. However, what's a polite way to tell a customer I won't start on their order until it is paid? Whether it is through messenger or on their invoice, both scenarios would be valid!

    submitted by /u/gingerhulkette
    [link] [comments]

    Handling criticisms

    Posted: 06 Dec 2020 05:40 PM PST

    I'm a relatively new contractor in my area. I've only had a few clients most of them pleased with my work. Recently though I had a client (more specifically her father) pull some classless BS on me at the end of the job requiring me to pack my things and run before things got ugly(er). The client then began posting criticisms on FB which mostly makes me roll my eyes but also irritates me to my core.

    What are good ways of dealing with criticisms? I know it comes with the territory and it's something to deal with but how do you learn to not take it personally?

    submitted by /u/throwaway9998979695
    [link] [comments]

    Do I need workers comp insurance for my solo s-corp?

    Posted: 06 Dec 2020 05:24 PM PST

    I'm setting up my LLC s-corp in Nevada. I am the sole owner/employee on payroll. Do I need to get workers comp insurance for myself? I can't find a straight answer on it.

    submitted by /u/jsb151
    [link] [comments]

    Restaurant Online ordering integrated with Square, but NOT Weebly.

    Posted: 06 Dec 2020 07:17 AM PST

    Looking for the best route for online ordering for a restaurant that: - integrates with Square - doesn't have an obnoxious monthly fee or start up fees, on top of square processing fees - has the ability to do future orders (but doesn't immediately start a lead time like Weebly does.)*

    I would use Weebly and call it a day except their future order option does not work for us and their whole lead time. Meaning, if we have specific dates for pie pick up, if they order it today, it'll start whatever prep time is associated with it. Then someone else orders tomorrow, it starts same prep time— so that clearly doesn't work.

    I intend on building a new website on an undecided platform (because of this set back) so best option overall would be great.

    Thanks!

    submitted by /u/case8605
    [link] [comments]

    The perfect location to open a restaurant.

    Posted: 06 Dec 2020 03:55 PM PST

    I know I could use my gut feeling and personal instinct.

    If I would like to be data-driven how should I go about find the right area and decide what food to sell?

    My approach nowadays is to search Google Maps, see if there's anyone in the area that does what I do, and try to figure out demographics / traffic.

    Is there a tool to be scientific about this?

    submitted by /u/maschera84
    [link] [comments]

    Need help getting my personal finances sorted

    Posted: 06 Dec 2020 03:14 PM PST

    I co-own a small fitness business and, needless to say, the last year has not been kind.

    While we've had some successful years, large unforeseen expenses as well as an ill advised expansion have left the owners with little to no real return on investment and several situations in which we could not pay ourselves at all.

    We've revamped the business and are working with professional advisors/coaches to get things on the right track and I truly do see some hope for the future once 'COVID times' abate.

    But as most people running a small business, this is my only source of income and the number of lean years has really put my personal finances in a grim state. I owe significant back taxes and my outstanding credit card debt is not negligible. It all feels like it's getting away from me and could really use some professional advice to get things back on track. But I'm not even sure who to contact to get help. Personal finance manager? CPA? Someone else?

    Any advice on who I might contact to get a handle on this?

    submitted by /u/wideiverson
    [link] [comments]

    No comments:

    Post a Comment