Some idiot is selling non-sanctioned coupon books from our business. Advice needed. small business |
- Some idiot is selling non-sanctioned coupon books from our business. Advice needed.
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| Some idiot is selling non-sanctioned coupon books from our business. Advice needed. Posted: 15 Dec 2021 09:16 AM PST Hello! My husband and I own a pickup/ drop off laundry business. Some idiot is selling these bogus coupon books with our logo and name. They have his phone number for service. He's selling them a town or two over. We're receiving calls from people who have given him clothes and not gotten them back or where he sold them a book for $40 and refuses to service them. He's operating outside of our service area, or I would just provide service and take the coupons. Other than the Cease and Desist is there any recourse for us? He sold one of the coupon books to an off duty police officer who helped us get his name and info. Our name and logos are trademarked. ETA- my husband wants to put a statement on our website, I do not care to do this and draw more attention to this. [link] [comments] |
| Posted: 15 Dec 2021 11:13 PM PST I got this basic checklist to start a business which can be extended or elaborated.
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| Posted: 15 Dec 2021 08:10 PM PST Hey everyone, I just got my paperwork for my first LLC I have the website live uncrackmyscreen.com I'm offering mail in electronics repair. I'm curious about how I should promote it. The site will be fully online for at least the first 6 months as I do currently work for a local IT shop. I got started with a Google ads promotion and I'm working on making some social media pages. I'm trying to get out of working for the man but I'm not sure how I should advertise. Thanks guys your the best! [link] [comments] |
| Posted: 15 Dec 2021 02:59 AM PST I have a small online store where I sell handmade items. I really haven't been making much with it(less than $1k this year) because I treat it more as a hobby and really don't put that much time in it. About a month ago I decided to take it more seriously and put more time into it (maybe go to vendor events on weekends even) and in that motivation burst, while doing some online research I thought it would be a good idea to make everything official and start an LLC to protect myself. I mainly decided to use LZ because they seemed to be the most popular and offered registered agent services which is what I needed the most. My business is run out of my home and I didn't want my address to be publicly associated with it and that's how LZ advertised this to me as well by saying their registered agent service offers a layer of privacy. I started an account w them and paid for one of their cheapest LLC formation packages with registered agent services. I started filling out their forms online and then took a break. In the meantime some lady from LZ called me and left a voicemail and me thinking it might be something important decided to give them a call back and see what's up. The lady on the phone was different from the 1st one but she was like it's all good I can help you and proceeded to ask me a bunch of questions and talk to me about my business while viciously upselling me totally unnecessary services. I told her that I don't want to have my address be public and associated with my business and she reassured me it won't. Honestly, I started feeling uneasy right after that call. But decided to go ahead and stick it out. They filed everything super quickly despite me having some concerns about some other things on my application. A few days after they filed I started getting junk mail at home and thought it was odd but didn't think much of it until yesterday. While looking into the NY publishing requirement I read that the address in the notice needs to match the one on the Secretary of State website, so I clicked and to my horror discovered they filed under my home address. After being on the phone w them for a long while, they concluded that they need to do an internal investigation for 3-5 business days to see if it's their fault or the Sec. of State's and if it's their fault then they would "fix it" for me at no extra cost. What a joke. My privacy is compromised now and the best they can do is fix it for free🤦♀️I highly doubt the sec of state is at fault here. Anyways, this whole ordeal has caused me some immense stress and if I could dissolve everything at no cost and pretend it never happened I honestly would. The least I can do is warn others about using LZ and other similar services. Does anyone else have a similar experience with them? What would you do in my situation? Edit: Added questions [link] [comments] |
| Pros and cons of looking for a job vs starting a small business Posted: 15 Dec 2021 11:41 AM PST Hi. I have the opportunity to look for a job (as a developer) or start a small dropshipping business in a niche I've found. I don't know how to make up my mind and I need some help here. Any idea on key points to consider when making this decision? EDIT: I've previous experience with another dropshipping business in my country but for this occasion it would be worldwide [link] [comments] |
| Calling all owners who still sell/grind Posted: 16 Dec 2021 01:15 AM PST I'm back into SaaS sales at the company I own after losing a sales guy last week. Been out of the game a while and want to know what some of you seasoned salespeople do that works when prospecting/selling. Specifically things like: Do you lead with cold calling/emailing? How are you qualifying your leads? What other platforms or channels have you found successful (such as LinkedIn?) A big question for me: what have you found works when cold calling on someone (either cold or warm lead). Im excited to get back into it - Any and all advice is helpful and appreciated! [link] [comments] |
| How could other companies catch up to IT companies? Posted: 16 Dec 2021 12:06 AM PST Every CEO or business owner wants what is good for his employees, good for the client, good for the business and good for him. But is not easy to make everyone happy. A lot of companies are posting how they are switching to a 4 day work week, the goal of course is to give the employees the same salary and benefits that they had before but just work fewer hours.But how can this be achieved? In order to make it work we first need to improve our service or productivity so that we make 20% more revenue (simplified value, as the real value, depends from business to business). IT companies were always focused on improvement, be it with new methods, new tools, new approaches, people are always eager to find new improvements. But what about services like hairdressers, hotels, restaurants? As they have opening hours they still need to have people that work on a given time, to reduce the work hours to 4 days, they need to hire new people, as you can't just raise the productivity of the team and close the store on Friday (or Saturday/Sunday).Hiring new people comes with additional costs, whereas other companies just keep the same cost. So in order for this to work, they need to increase their revenue a lot more than just 20% (or reduce the cost). The first step to improvement is to analyze your current status. See where you can improve, inspect your process, inspect your cost, get feedback from employees, get feedback from customers, check the market, see where you can bring more value. A business analyst, data analyst and process manager could help with this. Adopting a Lean approach or the Agile values and principles are also ways to improve every business. But for small business owners, it is not as easy, as most of them do not have the budget to hire an external consultant.The other way is to educate yourself in all the aspects, but this takes time and often it is hard to find where to start from and professional education is also costly and still takes time. In order for the world to be a better place, it needs to be better for everyone, not just for a small group of people. How do you think this can be achieved? What solutions can you suggest? Or anyone that has business were workers need to be in a store or work in field and already switched to 4 days work week, what are the pros and cons? [link] [comments] |
| High bounce rate? Poor site navigation? on your eCommerce store Posted: 15 Dec 2021 11:51 PM PST Check out these 5 Strategies to optimize your eCommerce merchandising for better conversions [link] [comments] |
| Posted: 15 Dec 2021 10:48 PM PST I have a few partnership LLCs and need to start keeping minutes. It seems really easy to go over the top while at the same time not have thorough enough minutes. A few questions:
My goal is to be as thorough as I need to be while not wasting resources on any excess. I personally view it as a waste of time as business decisions are usually made less formally and it isn't helpful for our company flow. The only benefit I see is proof that it is being operated as a separate entity and thus added liability protection. [link] [comments] |
| Play Cafe and Indoor Playground Owners Posted: 15 Dec 2021 06:37 PM PST Hi Reddit! I am opening an indoor playground / play cafe and wanted to say hi to everyone here. If you are an owner of an indoor playground or play cafe, what is your main source of revenue? How much square footage do you use? I am looking to have my revenue be from drop in play first and have 8000 square feet. What gets you out of bed in the morning? I am looking forward to hearing kids tell me their favorite activities to play and watch them play them. Best of luck to all and hope to hear from you! [link] [comments] |
| Started new LLC - what do you use for accounting? Posted: 15 Dec 2021 10:09 PM PST I just started my business as an LLC partnership in Delaware this month. My first structural concern is related to accounting. I've had another smaller venture in the past that didn't work out and we used 1800 accountant but that was meh. I remember they charged us 2-2.5k for the business returns and the personal taxes. I called up a local accounting firm with great reviews on Google and they said they charge $250/hour and it's a $175 for a 30 min consultation. I plan on doing my bookkeeping myself but just need an accountant for some questions that may arise as I run the business and for doing taxes at year end. I live in the Northeast so I'm not sure if these prices are unreasonable or if anyone has any recommendations. [link] [comments] |
| Actually taking the cash back vs applying it as a statement credit Posted: 15 Dec 2021 09:50 PM PST So from what I can tell actually taking the cash back from your credit card is not considered taxable income by the IRS. So correct me if I'm wrong here but that seems to be much better then using that cash back as a statement credit. If you use the statement credit then you owe less on your credit card which means your expenses (as long as they are all tax deductible) are lower and your profit will be higher which means you will pay more taxes. If you physically take the cash back your expenses are slightly higher you will pay less in taxes and that cash back Money is tax free. Depending on your business and your expenses it could be a couple thousand dollars a year. Am I missing something or wrong? Thanks! [link] [comments] |
| What sort of insurance do I need to offer my customers extended warranty? (UK) Posted: 15 Dec 2021 09:32 PM PST Hi guys, Looking for some advice. I'm just starting off a small business supplying goods. Some of my potential customers require longer warranties than the manufacture can offer. can someone please shed some light on the type of insurance I can get that would allow me to offer extended warranty. Thanks Thank you [link] [comments] |
| Posted: 15 Dec 2021 10:25 AM PST Hey I'm starting off new and in the process of opening a food truck/stand in the city of Seattle. I could use some advise on what to present some investors, licensing/permits, best options for a truck or stand. Google is great and all but getting feedback from small business owners directly seems a lot more real. [link] [comments] |
| Is A Businesses Success Determined By The Results It Generates Or The Revenue It Brings In? Posted: 15 Dec 2021 08:57 PM PST So the other day a friend of mine who also works in the SEO industry was having a discussion with me talking about how his business has really been growing but his clients haven't seen the level of success that he would like as none of them have ever found a first-page ranking, after hearing this I confessed to him that I've actually had the opposite problem where I have clients who are ranking well and really seeing results; however, my business has struggled to bring in new clients. Driving home I thought more and more about these two separate dilemmas and wondered which business is really doing better or worse, one that can produce results for its clients but doesn't have as much revenue coming through the door or a business that has tons of clients but can't produce the given results it needs. What are your thoughts on this? [link] [comments] |
| Accounting and payroll software combination Posted: 15 Dec 2021 08:50 PM PST Hello small business owners. I am joining your ranks and purchasing a dental practice. I will have 4-6 full time employees and will need to do accounting and payroll. What is the best combo for payroll and accounting software?
People say Gusto is awesome, I am just curious how it is awesome over other companies. My searches don't give a great reason why. Is there a benefit to having the accounting software be the same company as the payroll software? I am so excited to begin this journey! Thank you in advance! [link] [comments] |
| Posted to r/tax, but may fit better here…any suggestions? Posted: 15 Dec 2021 07:52 PM PST In a (small) mess. Trying to keep it TL;DR for all involved! Wife and I started an LLC in FL in 2018 - didn't make any money, didn't know what I was doing. Filed a $0 every month for taxes, contacted Division of Corporations to ask if I needed to file an Annual Report - I apparently misunderstood their response 2 months later and thought I didn't need to. Surprise! Everybody does. Got "administratively dissolved" by end of year 2019. Fast forward to now, I've totally left that business behind, untouched, and have no attachment to it, no need for line of credit - however, my wife has been busting it (selling basically bedazzled items, more or less, all from home, solo) and using PayPal exclusively as a processor. Tax time is coming, and they suggest she's made about 23k year to date…and not paid any taxes formally. I was entirely unaware that much money was circulating over there. Sometimes our site charges others in FL sales tax, and possibly 1 or 2 other states, but otherwise never does (all Shopify). She's not even going by the same business name, and all of this is under my name - PayPal still has the LLC EIN/tax ID. I know a 1099-K or similar is coming. To make matters worse, nothing at all is bookkept. Everything she spends, business or non, comes from the PayPal business debit. What should I do/figure out to keep costs to a minimum at this point? To reinstate the biz is about $540 at this point with late fees + penalty for each year unfolded. I'm totally okay to dissolve formally for the $25-30 or so it is if it'll basically make that go away and reform a new business with the new name (which is 100% not taken)…unless when that 1099-K comes, it'll still read out with the old biz info? Can I update PayPal and try to do tax all at once? Trying to do everything I can to own this and my negligence and avoid the wrath of Florida and get this taken care of. Also, any suggestions about a better business type for her next one that ISN'T an LLC? [link] [comments] |
| Posted: 15 Dec 2021 03:22 PM PST We are a small business with one boss/foreman and me, the business manager. We started out as a company that just installed a certain product, but turns out people have a lot of interest in also buying the product from us, and then having us install, so now we also sell. Problem is we don't have an actual sales person (see post history if you're interested as to why), so I'm pretty much it. I am not a sales person at heart, so I'm learning a LOT as I'm doing this. My first two sales were a huge CF, but I'm getting better, and the sales are ramping up quickly. Is there a program that would be helpful on a small scale like ours? I've used Salesforce in the past so something similar, but that is way bigger than we need, I'm looking for something that will help me keep my ducks in a row as I bounce from customer to customer. Thanks in advance! [link] [comments] |
| What should be looking for when needing marketing? Posted: 15 Dec 2021 07:01 PM PST What should we be asking for/what should be demonstrated? I own an ecommerce company who sells furniture. We're looking to grow our relatively new brand and are looking for ways of generating leads using online ecommerce marketing (social media/Google ads) and a way of building a system to track data and generate leads. What should agencies be demonstrating to us so we can choose the right one? I'm talking stats and KPIs. Basically what should we be looking out for during their pitches on how they'll deliver results? [link] [comments] |
| Posted: 15 Dec 2021 06:45 PM PST Hi there - any recommendations for the best business bank for a SMALL business in the US? Thanks so much. [link] [comments] |
| Posted: 15 Dec 2021 06:40 PM PST I'm needing a living will online or in person? What's your experience? Please link best companies if online in person I'm located phoenix,AZ area! Thanks! [link] [comments] |
| Covid killed my business: How long do I wait to sell off assets? Posted: 15 Dec 2021 06:59 AM PST Covid has killed my business (photographer & videographer in a niche industry) and I've pretty much been putting the business on hold for the past 23 months. It finally hit me about a month ago that my business is done in the location I am currently in. There is no future in my current location, not just because of Covid but other things as well. The economy is shot for at least the next 5-7 years, it's done. Will likely have to route the business to doing purely remote work for my customers outside of my city and country. I have a lot of money sunk into my assets. I obviously have re-occuring costs each month just to keep my business open. Not to mention the amount of money I have to sink into new toys every year because I have to upgrade equipment over time. When do I start to sell off my assets one by one? The more time that passes the more I lose because they all depreciate. I'm not in a situation where I can just afford to have it all sit here for 5-7 years unused and not making me money with it and lose 100K. [link] [comments] |
| Best way to pay taxes for small business? Posted: 15 Dec 2021 06:13 PM PST I've been flipping electronics on eBay this past year. This is my first year in business. I have gathered up a very through spreadsheet of all of my accounting. I have profited about 10k after all expenses are deducted . Where would you recommend I go pay taxes and get the best possible outcome in terms of taxes owed? I have a few friends who do similar things who go to HRBlock. Would this result in me getting an optimal tax filing? Thanks for the help in advance [link] [comments] |
| Advice for Banking: Organization, credit v debit cards. (Service provider business) Posted: 15 Dec 2021 02:21 PM PST I am taking over my Fathers Landscape business and I want to organize it because I feel like he is constantly having cash flow issues. Who do you guys bank with? (pros and cons) How many accounts do you have and what's their purpose? I've read that I should have the following accounts:
Are you using these types of accounts for your business? Are there any benefits to getting a credit card for the business? We do have a lot of spending for material, tools but we've always paid everything with our debit card. Really appreciate any feedback and suggestions that you guys may have. Also any books I should look into to become a successful business owner? [link] [comments] |
| Where do I need to file taxes for my LLC? Posted: 15 Dec 2021 10:29 AM PST I formed a single-member LLC this year that's organized in DE, but I have been living and operating the business solely in CA (it's an online software business). I know I need to pay the annual DE franchise tax for the LLC itself, but do I need to file personal income taxes in DE, or only in CA since that's where I live and run the business? [link] [comments] |
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