How to scale a hollow book business? small business |
- How to scale a hollow book business?
- Tried to help a friend
- How do cash businesses go about depositing money?
- WIX
- Fake Yelp Reviews and Google Reviews by a client I made a website and is unwilling to pay
- Starting an ice cream shop (US)
- How do you do email follow-ups?
- Promoting small business advice?
- Are non taniglble items (logos, business cards, digital flyers, etc.), subject to sales tax?
- 10 questions for small business owners!
- Using Venmo For Payment
- Applied for 7A SBA loan the bank which is a preferred lender never processed.
- How do you get more Yelp! and Google reviews?
- Struggling to open a 2nd location in UK
- I wanted to open a specialty Cafe and sell wine
- Being a young entrepreneur is weird
- How to offer expedited orders while maintaining other client relationships.
- Using profits to pay credit card debt?
- Would you send web-based proposals over a PDF?
- How do you reconcile a standalone POS and quickbooks?
- Migrating to digital and need some advice!
- Help naming business (LLC)
| How to scale a hollow book business? Posted: 30 Oct 2021 12:46 PM PDT I can cut out a real book to make it hollow pretty quickly. There are people who pick up books for free and resell on amazon FBA. They have a bunch of books that aren't worth listing so there are pallets of books for free. My material cost is just transportation. I sold a few books on etsy as a test. I don't want to take photos and list every book, and fulfill 1-3 book orders. I rather hollow out pallets of books and ship out large boxes or even pallet. I can also list bulk, random book assortment listing on etsy. Should I get book overruns from a factory and hollow out the same book over and over? That way I don't have to relist every book. Any ideas welcome. image of book. based off feedback: -It is worth listing individually If the book is more valuable and can charge a premium for the extra work. These higher value books also good to wholesale to for higher end stores. -The low value books can be categorized by genre and hollow hole size and sold as mystery box, assortment and to consignment, weed store. There may be niche opportunities like décor, escape room props, special events. [link] [comments]  |
| Posted: 30 Oct 2021 03:29 PM PDT And I tried to keep it business but it still went south. He wanted to start a biz in my field. I said I would help, but he has no money. So even discounting my product, service would be hard. I said I'd sign in as a small partner (10% ownership) and that way I would just do the work and get him started for free. I mean if he does well- I'll just let him buy me out. If not..oh well for me. We had a lawyer draw up the papers/incorporate/get bank started and I ended up paying for it all (like 4K). Got him started with product and now the ass tells me we (me) need to go ask our families for money to bank roll it. It's already started! We need nothing. Anyway now he's out and tells me I used him. No good dead goes unpunished. Lesson learned. Anyone else deal with this? [link] [comments]  |
| How do cash businesses go about depositing money? Posted: 30 Oct 2021 06:31 PM PDT If you are a business that deals primarily in cash, is there anything to worry about as far as depositing cash? What if you regularly are depositing cash that just happens to fall under the 10k threshold for a CTR? Would the Clyde-Hirsch-Sowers RESPECT Act protect a business from unintentional structuring? Asking because I am a relatively new small business who deals with a moderate amount of cash and want to make sure I am depositing money the correct way. Typically I go once a week to the bank to deposit funds in my business checking account. [link] [comments]  |
| Posted: 31 Oct 2021 01:56 AM PDT Hello All, I was curious if WIX is a good option for developing a website for a small size contracting company. All I will have are details about the company, services and projects on the Website. Thanks in advanced [link] [comments]  |
| Fake Yelp Reviews and Google Reviews by a client I made a website and is unwilling to pay Posted: 31 Oct 2021 12:19 AM PDT I'm currently in the a situation where I made a website for a client. I asked if he wanted to revamp his website since he was paying $300/year for Wix and the anesthetics were horrible. When complete, he kept adding add-ons, which I charge by the task or by hourly. When I completed these tasks, he then wanted all the text and pages changed again to his text (which isn't even SEO optimized). On top of that, he is unwilling to pay even though I did all we agreed on, telling me to take it down and he doesn't even want the site associated with his site anymore. He even asking me to leave a Yelp review since he was at 3.5 stars (approximately 50 filtered reviews: all bought and taken care of his 'SEO team' that he mentioned to me), and 100 Google 5 star reviews with all them written mentioning their names in each post with each amount having 1-2 reviews each. There has to be some repercussions to this type of black hat SEO method via Google reviews and Yelp algorithms. Any tips would be helpful as scamming the public in order to gain a competitive edge is becoming a common occurrence in business. [link] [comments]  |
| Starting an ice cream shop (US) Posted: 30 Oct 2021 08:14 AM PDT My parents and I already own two successful vape shops in Wisconsin. We were targeting a third location in a small vacation town (tourists flock to this area 7-8 months per year) but decided to hold off due to the industry-killing laws that are now hitting the vape industry. We found a great property (~600 sq ft, downtown, $600 triple net/1year lease, good location) and my dad has always wanted to try a seasonal ice cream business instead. We've never had a business like this and I'd like your opinions and tips. Space is currently retail and we think we can build it out for about $20K. Our vision is a couple of 4 person tables and a service counter where we'll serve scooped-out cones, shakes, and sundaes. [link] [comments]  |
| How do you do email follow-ups? Posted: 31 Oct 2021 03:29 AM PDT Do you all really follow-up (up-to 7 or 10 times) with everyone that you send an email? Is there a really light weight email system that helps ensure that you follow-up after you send emails? My business is internet SAAS based, and I have people who I meet, send emails to them, but then I forget to follow up. Sometimes I do, but if I be honest, I don't follow up on the right times, and with the right frequency. This always bothers me. Makes me worried how many leads or even potential employees I have lost, because I did not do 7 to 10 follow-ups, which is recommended. [link] [comments]  |
| Promoting small business advice? Posted: 30 Oct 2021 09:59 PM PDT I started out my own sofa boutique from sustainably made sofas curated locally in the US. We have over 10k followers on our Instagram page, and many interested eyes.. but not many sales. This has been discouraging due to all the hard work to source the products, create the store, and consistently market every day.. not sure what we're doing wrong but any advice or support is immeasurably appreciated. Our shop is [lovedovelounge ](lovedovelounge.com) 🕊 [link] [comments]  |
| Are non taniglble items (logos, business cards, digital flyers, etc.), subject to sales tax? Posted: 30 Oct 2021 10:28 AM PDT Really struggling with figuring this out. I cannot seem to find info on this in the state of Ohio. I only see sales tax required on physical items like clothing. [link] [comments]  |
| 10 questions for small business owners! Posted: 30 Oct 2021 05:20 PM PDT So I have this marketing class and I have a project due November 15. I have to ask a business owner how there company is run. There's only 10 questions and I was wondering if any small business owners were free to answer some questions. Please respond down below with an email I can contact you with and if you want a little more information on the assignment, please ask. I'll be happy to answer them https://docs.google.com/document/d/1eMrLead_aMLldbeXZ-s2t9PRVwlAXuTgeV17i4hYsJw/edit?usp=drivesdk Here's a link feel free to copy and answer as many as you can, and just send a link down below when you finish [link] [comments]  |
| Posted: 30 Oct 2021 05:34 PM PDT Hi all, New to the community! I'm currently wondering whether I should use Venmo as a payment method? Any thoughts or anything I should look out for? [link] [comments]  |
| Applied for 7A SBA loan the bank which is a preferred lender never processed. Posted: 30 Oct 2021 08:55 PM PDT The bank stated that because they are a preferred lender they have authority to approve the SBA loan themselves. We were told to contact the CPA that works for them to package the loans to get them approved. The bank failed to process the loan and suddenly we have a $5k fee from the CPA to "package" the loan for the bank. Is this legal? Is this ethical? There was zero discussion of fees or a contract. We assumed that since we were not afforded the opportunity to submit our own package from our own CPA that the bank was paying their CPA to do the legwork for the 7A. Thoughts? Extra frustrating since the failure to process caused us to miss the benefits under the CARES Act. [link] [comments]  |
| How do you get more Yelp! and Google reviews? Posted: 30 Oct 2021 07:47 AM PDT I can't get customers to leave reviews. I know they're happy as most become repeat customers. But even when I ask and they say "Of course!", they don't. I'm thinking consumer psychology may be the name of the game. Thoughts? Do check-ins correlate with more reviews? Thank you. [link] [comments]  |
| Struggling to open a 2nd location in UK Posted: 30 Oct 2021 04:41 AM PDT My business partner and I opened a quirky restaurant concept a few years ago and it's been incredibly successful in our town. We've fully systemized the business and it's run by a manager now and we've both moved to our nearest big city to prepare for opening our second, much bigger flagship location. We've done all the market research and have the money and everything is ready. In fact, everything has been ready for 1.5 years now. The problem is no suitable properties are coming up on the market, and everything that does come up has much bigger names bidding on it who always get favored over us, despite us never missing a rent payment (even during Covid), being really good to our staff, running a sustainable business, and having no creditors. We just got out-chosen yet again this week on a property that was absolutely perfect for us, and deep down I felt like we were going to get it. It's really starting to get me down. I'm starting to feel like we can't go anywhere or grow the business. Has anyone else been in this situation or have any advice? [link] [comments]  |
| I wanted to open a specialty Cafe and sell wine Posted: 30 Oct 2021 11:59 AM PDT Started thinking about maybe being a small cafe with a menu and coffee.. I want to also sell wine and cheese ? Is this a good idea? [link] [comments]  |
| Being a young entrepreneur is weird Posted: 30 Oct 2021 05:19 PM PDT Suddenly you reach out to fellow business owners and investors and have to talk to them like you're peers…and then you realize they're twice your age. Sometimes I feel ridiculous talking to 35-60-year-olds like we're peers, when I have way less experience. Yet, that is how entrepreneurship works. By the time my business becomes successful, I will be their age. But for now, I feel so out of place. How do you deal with this? [link] [comments]  |
| How to offer expedited orders while maintaining other client relationships. Posted: 30 Oct 2021 05:10 PM PDT So my professional career has been in manufacturing and to a marginally lesser role management. I'm good at what I do but I find the business organizational aspect much more intriguing (for now). That being said suppose I wanted to go off on my own (have a full workshop at my home that is honestly nicer more well equipped than a lot of the places I've worked) and wanted to offer services knowing full well that in this space a lot of time people will require an expedited service potentially pushing away existing albeit likely lower margin clients without being detrimental to clients already scheduled. There is room to scale to an extent as "single member" of an llc (I know the pitfalls and solutions relatively to this) however my goal and expectation is to be able to scale as a sole technician. Maybe put someone in place of managing orders and shipping/delivery. Obviously expedited orders would be at a significant premium, snd circumstance depending I can work on multiple clients though not many at the jumpoff point as I would not like to finance any of this as I have made these purchase over the course of my career already. So would it be better to give standard clients a vague as acceptable turn around time? Say 3-5 business days adjust as needed to accommodate the split of clientele? Expedited orders would generally be high margin low volume and have prenegotiated quotes on future runs at completion of initial product (generally prototypes). I presume that it would not be wise to contact the customer and inform them there order will be late unless absolutely necessary and if I can turn around parts early then no harm no foul. Any insight would be greatly appreciated. [link] [comments]  |
| Using profits to pay credit card debt? Posted: 30 Oct 2021 06:22 AM PDT I hope y'all can help! I've google searched a lot, and talked to people who might know, but haven't bee able to get an answer. I have a 5 year old Scorp that I run with a partner. This year will be the first year we end the year in the green! Big moment for us. And what this means is thinking very differently at tax time because before this year, we've always just posted a loss. Now, we have a decent amount of credit card debt, we've really utilized our credit cards in our business. Since the expenses on the credit card have already been used as deductions for taxes, what happens if we use some of our profits to pay off credit cards? The way I feel like it works is: if we use profit to pay credit cards, the money is still see by the IRS as profit, and the profits will passed on to the owners, who then will be responsible for the taxes. The problem is the "profits" were used to pay the credit cards, so we wouldn't have actually received the money as pass-through, so we would then be liable for those taxes on money we don't actually have. Is this correct? It feels like it might be, but also seems way off and doesn't make sense. At the end of the day, I am looking for the best way to use the profits at the end of the year, and also the best strategy to pay off the credit cards without getting slammed with taxes. Thanks in advance! [link] [comments]  |
| Would you send web-based proposals over a PDF? Posted: 30 Oct 2021 07:47 AM PDT I have recently been debating my process for proposal creation for my freelance business. When I send a PDF, I feel like it is boring. Also, I do not really know anything about the impact when I send multiple proposals. The back and forth also annoys me... Have you ever considered sending your proposals in a landing page instead of a PDF? Thanks for feedback. [link] [comments]  |
| How do you reconcile a standalone POS and quickbooks? Posted: 30 Oct 2021 01:59 PM PDT Right now I do everything in QBO. I take in my clients, invoice them and even take payment using the Quickbooks app and a reader. It's really convenient as it marks their invoice paid, then splits the incoming monies into the appropriate income/expense accounts, etc. It's nearly completely hands off for me and I like that. I'm getting ready to make my first hire however, and my QB card read/app combination is finicky at best. I want to move to a normal POS system whereby I have a dedicated card reader which doesn't rely on Bluetooth, or an app being open. My question is, how do I reconcile these deposits? Let me give you an example of where I'm confused. Let's say Mr. Smith, Mrs. Jones and Mrs. Williams all have a $300 invoice and they all come in to pay during a single day. In Quickbooks, I open my payment app and select whomever it is that is there to pay. I charge the card for $300 and I'm done. The other two come in and pay the same way. The following business day, there is a deposit for $900 (less the fees) to my checking account and somehow QB knows it was from those three invoices and does everything for me. With a standalone POS, unlike in QB, I'm not charging a card directly against an invoice. Rather, I'm just charging (3) different cards for $300 each. When those funds enter my bank account and QB sees the deposit, how will QB know what the deposit is for? To that end, what if I'm out for a week or two for some reason - let's say I had a surgery or something- and I come back, all to find a bunch of deposits from my POS... How do I reconcile all of that? I'm sure this is really simple but I just can't seem to figure it out. [link] [comments]  |
| Migrating to digital and need some advice! Posted: 30 Oct 2021 01:07 PM PDT Hi guys! I have a clothing store and my dad has an accounting office and we are thinking about investing in social media, website, and advertising. I need some help to know what challenges I will face migrating my small business to the digital world. We would like to be prepared for some of the challenges we will face along the way. Could you guys tell me what problems you faced when you migrated your small business to digital? [link] [comments]  |
| Posted: 30 Oct 2021 10:19 AM PDT Trying to come up with a good name for my husband's LLC. He does two somewhat unrelated things - plumbing and woodworking. Best he came up with so far was "[LastName] Mechanical" but that makes most people think of cars. Any ideas very much appreciated! [link] [comments]  |
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