If you are flipping real estate, an S corp may be better than an LLC. Flipping income can easily be categorized by the IRS as “earned income” and thus subject to self employment tax through an LLC, particularly if it is single member. An S corp will shield part your income from this tax. Always ...
Treat the event like a lean startup landing page. Get people to sign up for a "waiting list" to use your service. Have one or two easily accessible ipads on the side of your booth nearest the walkway, so that people can easily sign up. The ipads should have a nice landing page on it that shows s...
1. Build a great team. In construction, your people are your business. Hire dependable, knowledgeable and skilled employees. Retain your best employees by promoting and rewarding them for their hard work and reliability. 2. Manage your business, but lead your people. Your employees want to be le...
Hi, Each item/creation is subject to its' own license and you need to make sure that the license permits you to use whatever you purchased for commercial use and/or that the intellectual property rights/ownership rights have been transferred to you, or that you've received a license to use the i...
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Best place to start is your WHY. Your why represents your purpose and what makes you get out of bed in the morning. It gives you endurance during the difficult times because you have a higher motivation that's not linked to a paycheck. Yes earning money is great but your why is more important tha...
The complexity of your situation is similar to multiple acquisitions I have encountered on both sides of the table in private and public transactions. In most situations involving private equity, it is doubtful if the additional cost of a private agent would generate a material gain given your m...
I would make sure to have a "one sheet" for your pricing already created. If you're okay with a discount rate and equity then have that as an option. When you pivot to discussing compensation it becomes as easy as " for compensation for this projects here's a link to our page/PDF for startups. As...
This is a great question! I think I've seen some of your other questions here as well. Let me try to help you out. My name is Humberto Valle, I'm the co-founder of a global marketing agency (www.Unthink.me) we help startups and small businesses with an expertise in non-tangible products and servi...
Niche down to help a certain kind of client. Find out what serious problems you solve for them with your solutions. Don't talk about SEO or web design: you'll turn yourself into a commodity if you do. See this: https://www.jasonkanigan.org/what-to-do-if-you-are-a-commodity/