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2 years ago

(Jun 17, 2023 07:34)

Opportunity to become W2 while maintaining 1099

I am a 1099 contractor with two different companies - through my LLC. I have the opportunity to become a FTE W2 employee with Company #1, and also maintain my 1099 status with Company #2 (yes this is doable and I will not be overwhelmed). I have been 1099’ing since 2018, so it would be a mental shift for me but I am more worried about the expenses/taxes side. What are some things I should take into consideration while contemplating the W2 offer? Are there certain things that I am expensing through my business right now that I would not be able to moving forward (even though the type of work being done for both Companies is the same)? Would I be able to expense my phone and utilities still through my LLC as those expenses would also be used towards my LLC and the 1099 work in addition to the W2 work?

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2 years ago

(Jun 17, 2023 05:53)

Roadsign/billboard pricing question

I inherited a small commercial lot in a town in Idaho with a local population of about 2500 that has a roadsign on it. The property is on the main drag through the small town a numbered US highway that gets a good amount of vehicle traffic both passing through and local. The whole sign structure has 3 unlit, stacked 4x8 signs on it in each direction (so 6 total signs), with the proper permitting. In my mind, it’s not large enough to be a billboard exactly but more of a stacked roadsign. What is a fair price to charge per sign?

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2 years ago

(Jun 17, 2023 07:50)

Bluetooth Thermal Printer Recommendation

Hey everyone! I run a small restaurant and I am currently looking for a Bluetooth thermal printer that can print recipes from an iPad. Any good recommendations?

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2 years ago

(Jun 17, 2023 09:43)

Business Name Idea! 💡🌿

Hey everyone! New here! 👋 Me and my business partner are starting an online plant shop, and we have come up with a name; Finley River Plant Co. Finley River is the river she lives by, and most of the business products will be grown and made there, so we love the name. The problem now is that we want to start selling handmade jewelry and potentially other handmade or thrifted items in addition to plants. In other words, we either need a new name, or need to revise our current name. Any thoughts or ideas?

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2 years ago

(Jun 17, 2023 09:46)

The First Company to Release an AI Dog Sitter Will Become Extremely Rich

Just think about the possibilities: \- Automated scheduled feeding \- Music for anxious pets \- Monitoring , etc. This would be the solution to 50% of the struggles that pet-owners have to face & I hope this happens because I would confidently invest.

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2 years ago

(Jun 17, 2023 09:40)

Custom Printed Canopy Tent

Hi all, first time here. I wanted to ask if anyone has any experience or recommendations for any companies producing custom printed canopy tents. My business is growing bigger, and I'm starting to focus more on appearance, and I'd love to get a custom tent made reflecting my business, but there are too many companies that all seem *slightly* scummy. Does anyone here have experience with any companies? Anyone who has a custo printed tent, how much did you pay for it? Thanks!

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2 years ago

(Jun 17, 2023 07:50)

AI Implementation

Hey guys. I am an entrepreneur. I started a service-based business in the Telecom construction industry. I have had my ups and downs. There are a lot of factors in that kind of business and I wanted to venture out to an industry that is more in demand now. The tech industry has been booming for the last two decades and the new AI revolution will help it keep the momentum. I am researching ideas about how and where AI could be useful and how to make it more accessible to those people who need them. In my service field, AI has helped me manage my projects and cut down on work time by half. A lot of organizational tasks and tracking can be done much faster with the help of AI. I'm looking for ideas on where else can someone use AI's help and what would make you want to use it. Also, what would be something that might attract your attention towards that? Looking for any and all opinions.

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2 years ago

(Jun 17, 2023 07:49)

Phone reselling idea from different states

I live in Darwin at Australia I buy phones for cheap on marketplace and resell them There’s good bargains in other states (Melbourne, Sydney etc) My idea is to hire someone from the other states to go collect them, FaceTime me to inspect them because I know how to identify faults well, then ship them to me, all of which would generally take an hour The problems is it’s risky for me -what if my employee runs off with the phone when I payId the seller -what if my employee runs off with the money when I transfer it to him to purchase it from the seller Is there a way to mitigate this security risk? Should I get legal somehow and make them sign some sort of contract? What would you suggest? Also having the seller ship it themselves is not an option, 90% of the time they want to make the deal in person hence why I’d need to hire someone

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2 years ago

(Jun 17, 2023 06:06)

E-Commerce website

I am looking to create a mini E-Commerce website, just maximum 30 to 50 items. Looking for partners that would like to work with me. I will personally design and develop the website

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2 years ago

(Jun 17, 2023 07:25)

Type of LLC for Out of State Vacation Rental

Hi All, I am currently living in AL and own a second home in WV. I would like to short term rent (AirBnb, Vrbo) the home the months I am not there on vacation. In order to separate my personal and rental business finances I would like to form an LLC. Since the home has a conventional second home mortgage, I will likely not include it in the LLC. From a liability standpoint, I plan to get short term rental insurance with an umbrella policy. My question is: Do I form the LLC in AL or in WV if I do not plan to include the home in the LLC? If the short term rental business does well, I would like to purchase another home in the same WV area, but this will be a dedicated investment property with its own LLC and not just my vacation home. Thank you very much for your help!

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2 years ago

(Jun 17, 2023 08:40)

If my company buys stake in other companies, what kind of company is my company classified as?

I know a holdings company owns controlling stake in a business, but what if my company owns, say 100% of 1 business and 4% of another. Is this still considered a holdings company?

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2 years ago

(Jun 17, 2023 10:36)

Calling all Small Business Owners! Help us revolutionize your operations!

We're developing an innovative solution designed to streamline scheduling, optimize routes, and manage costs for small business owners of all kinds but catered to Food Vendor services. Your insights and experiences are crucial in shaping this game-changing solution. Share your valuable feedback through our quick survey and be a part of transforming the future of food vendor operations! Take the survey here: [Survey Link](https://forms.gle/chtn291dCX8noQqp6) No pressure, just an opportunity to simplify your processes and enhance your business. As a token of our appreciation, you'll gain exclusive access to updates on our progress! Join us on this exciting journey to revolutionize the way food vendors operate!

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2 years ago

(Jun 17, 2023 07:32)

Idea for business involving COMICS + ML/Fx/gaming?

Hi guys - this is another "what business can I do" type of question but I hope the details provided below are sufficient. I am - an aspiring comic artist - a beginner learner machine learning (by which I mean I took a few datacamp courses) - main hobby is video games - dabbled in MT4 expert advisor forex trading before, and I am considering revisiting this I realise I am not at all skilled in any of the above fields individually (say 2-3/10s) but I was hoping that even by combining 2 or 3 skills that are 3/10s I can build something that can be a 5/10 at least? Capital wise: I'm not really sure. But say 100/month?

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2 years ago

(Jun 17, 2023 03:03)

Donation requests

We live in a small town, our business serves several surrounding small towns. We constantly get hit with donations requests to various causes. How do you all deal with these types of requests? Ideally, I'd like to set an amount for this, and when its gone for the year, it's gone. Maybe there can be a form the entity fills out? How do you all handle this.

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2 years ago

(Jun 17, 2023 12:45)

Share your current challenge(s) with your business and see if someone can come up with a solution for you

Hello everyone, there are lots of people in this subreddit and I wondered if we could all help each other. Many of us face different challenges in operating our small businesses but instead of getting all frustrated about it, you can easily share with someone and you never know they might just have the solution. I will go first: I’m struggling to get clients for my lead gen services. Over time I have built and curated tools that can help businesses generate leads super targeted leads. Leads from Google, Linkedln, Twitter, pretty much any website. My problem is not knowing how to sell/position myself and find clients that are willing to pay for this service Your turn What are your current challenges?

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