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This all depends upon where your business is located. You may have to pay local, state and Federal taxes. You may also be looking at sales and use taxes as well, depending upon location, product and service.

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You could also try to establish a group of analysts that would meet with you (virtually or in-person) that would act as an advisory group, in exchange for seeing their product inputs considered, or possibly a period of free use of the app. The best way to find out their motivations for signing u...

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I would be happy to discuss this with you. Are you looking for a prototype or a full blown product? I specialize in development, and product planning. Please feel free to get in touch.

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Well done! You now realize that it is not the idea alone that matters. Too many would-be entrepreneurs miss this understanding. Marketing is an art when done correctly. It must be rooted in the 4Ps as we say, but it MUST be uniquely inspired by the goods and/or services that need to be "Crossin...

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If you have your CAD design done, you can get it printed in plastic first using inexpensive printers at 3DHubs for example. Do tweaks to the design and reprint. This can't cost more than $5 or so per print. Once you're happy you can then send your design to shapeways or i.materialise to be prin...

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First, congratulations! This sounds like an exciting opportunity. However, part ownership/partnership can be tricky. What happens if you disagree down the road? What happens if someone gets sick, dies, or has to leave the company for any reason? What happens if there is a divorce and a spouse who...

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neither. Your name is too broad and has no catch. Try writing a user profile. who she or he is, what are they doing in the morning? where do they live? are they married? financial status... type of hurdle, what are they seeking? what's most valuable to them - advice or step by step... based on qu...

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It's a tricky situation. In my experience, it makes the CEO of the company not strong enough if he can't handle the fundraising efforts. It might be different in biotech, especially because the R&D and the work that has to be done is way more time consuming than a regular startup. Also, investo...

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My assumption is that fast-food chains begin as restaurants in a single location. Then, if they're successful, they expand – with or without franchising. Honestly, I know next to nothing about running a business in the food industry. But I can help you with 1 important first step: creating you...

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You are comparing apples to oranges. WordPress is a platform, Ruby is a web framework. If you are looking to develop a completely custom platform, you could certainly do it in Rails, but you could also write it in PHP (like WordPress). I'd do some digging and see what is out there for pre-made...

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