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Starting a small business

Started by Justin Walker24 · · 👁 58 views · 1.1K replies

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Participants Justin Walker24AMegan Chavez38Elizabeth Miller8Aaron MendozaRobert KimEric Martinez2Kenneth RobertsSophia Gonzalez6shadowjackal88vividstag31redscout61Robin Rodriguez5Nicole Morales3Chris Ruiz10coastalviper8Dana Miller6John Thomas2Steven Bishop2Jerry Martinez3Kevin White53Emily Ortiz25silentpanther15Dennis Lopez46 …
mellowfox56 mellowfox56 Active Member
94 messages
joined Mar 2012
#441 ·
You won't actually have to cough up those taxes until you file your return (and honestly, depending on how you set things up, you might not even owe any income tax at all once you factor in all the deductions—especially if your small business ends up showing a loss for the year). For the 2009 tax year, everything gets settled when you file by the April deadline. The only way you'd be paying monthly is if your employer "withheld" some of your paycheck upfront; otherwise, it’s just like I said.
Adam Lee Adam Lee Newcomer
1 message
joined Dec 2009
#442 ·
Could you perhaps elaborate on this point? I am not entirely certain I have grasped the nuances correctly; specifically, if I were to establish an LLC primarily focused on beverage service—essentially running a coffee shop—am I truly exempt from the requirement of employing someone with specific professional certifications?
To clarify, my background is in hospitality management, yet I do not hold a formal certification as a server.

I find myself wondering: should the law mandate that a qualified individual be on staff, what exactly does that entail, and might there be a path toward recertification that would allow me to launch the business without the immediate necessity of hiring additional personnel?

Much appreciated! 🙂
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#443 ·
Here’s a decent little read on how to start a small business. It’s actually informative and—more importantly—it doesn't pull any punches when it comes to accuracy. 😁
hollowharbor56 hollowharbor56 Member
16 messages
joined Dec 2009
#444 ·
True, an LLC doesn't require any specific professional credentials for most roles...

The only exceptions occur when specific federal regulations mandate them, such as for licensed engineers or similar professionals.

hollowharbor56

Yes, the overhead for an LLC is higher than a sole proprietorship. Perhaps your accountant is nudging you toward a corporation just to pad their own fees?😉
I'm joking. You set up an LLC and the problem is solved—it's how hair salons and spas operate. Why wouldn't it work for a coffee shop?
brisktinker15 brisktinker15 Member
47 messages
joined Feb 2012
#445 ·
So, I’ve found myself in this weird little legal gray area regarding my workspace. I run a sole proprietorship, and technically, the law doesn't even require a specific type of commercial space for what I do. But, because of how the work actually functions, I decided to register my business using a workshop owned by my dad. When I was filing everything at the local Small Business Administration office, they didn't ask for any proof of ownership or anything crazy regarding the property. I figured since it's family-owned, it just flew under the radar—especially since the shop is on the exact same street where I live, so the address is basically identical except for the house number. They probably didn't even blink.

Now, someone just gave me the heads-up that I should probably sit down with my old man and sign a formal Lease Agreement, just so I can actually write off the utility bills as business expenses moving forward. Up until now, I've been putting small stuff I spent on fixing up the place into my business deductions... which makes me wonder, am I accidentally breaking the law here?

Is it possible to make that lease "retroactive" to whenever I first started the business a few years back?

What should my next move be?
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#446 ·
Since you need to hand over a Contract Corp to the IRS just so they’ll stop breathing down your dad's neck about taxes, I wouldn't bother messing around with some outdated, backdated paperwork.
Just get a fresh one drawn up ASAP and get it over to the tax office.
Keep in mind that even if he isn't actually charging you rent, the IRS is still going to expect him to pay property income tax. It might actually be a smart move to put a realistic rental figure on paper; that way, you can at least claim those payments as business expenses to offset things.

As for the money you poured into the property—since you weren't technically a tenant, you didn't legally have any right to be making improvements. Now the real headache is proving what you actually spent and how much. 🙄
Honestly, I wouldn't lose any sleep over that part.
brisktinker15 brisktinker15 Member
47 messages
joined Feb 2012
#447 ·
Yeah, I get how it works with the IRS; even if you factor in the $0.00 rent, they just set some baseline based on the local square footage in that area. The real headache is that my old man is losing his mind because I'm dragging him into all this paperwork he refuses to deal with regarding 🙄.

Whatever, I’ll cover his tax bill myself since I'm the one who wants the lease signed.

I'm mostly stressed about all the money I've sunk into the spaces I've had so far and the ones I'll have down the road. I installed AC, bought cabinets, put window tints on everything... and I logged all of it as business expenses for my LLC... all before we even had a formal contract in place. That's why I'm trying to figure out how to write it off "retroactively," at least for this year, so I can actually justify those deductions.

My head is spinning 😢
silverbison293 silverbison293 Active Member
94 messages
joined Feb 2009
#448 ·
Wait, wasn't your business actually registered over there?
Just draft up a contract and stop stressing—I really don't think you're going to run into any issues here. Besides, from what I gathered, you weren't out there dropping hundreds of thousands of dollars... I hope... 😍

And maybe take an Advil or something, just so that headache finally lets up.😉
brisktinker15 brisktinker15 Member
47 messages
joined Feb 2012
#449 ·
Nah, I'm still just running this tiny little boutique operation... thanks for the hand though 😍
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#450 ·
Hey everyone

Does anyone know where I can find an official list online of which small businesses actually require specific zoning permits or specialized space documentation?
I’m looking into opening a sawmill or a custom woodworking shop, but I can't figure out if there are strict facility requirements for that kind of work, or if those regulations are just limited to restaurants and retail shops.
mellowfox56 mellowfox56 Active Member
94 messages
joined Mar 2012
#451 ·
Hey, check this out. I left a link here
so you can take a look—there’s a section at the end that lists everything you don't even need extra space for.
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#452 ·
Thanks for the input, Taylor Swift👍

The issue is I’ve already got the space secured, but she doesn't have a building permit yet. Does anyone actually need to pull a building permit when they're just setting up an LLC?
Looking through the documentation checklist on CNN, there isn't even a single mention of needing proof of ownership or possession for the premises.
silverbison293 silverbison293 Active Member
94 messages
joined Feb 2009
#453 ·
Give me a bit more detail on what you actually do... or rather, what you'd be looking to do... 😉
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#454 ·
Like I mentioned in my previous post, I’m looking to get a sawmill or woodworking shop off the ground.
What’s tripping me up is seeing online that you need proof of "right to occupy the premises (either a notarized lease agreement or a copy of the deed from The Wall Street Journal, if required for the business type)." I can't tell if that requirement applies strictly to businesses needing specific municipal permits, or if it hits everyone—even those running small operations out of a residential home.
Also, does some kind of inspection commission actually show up to verify if the space meets code regarding ceiling height or square footage?
I already have a workshop lined up that should technically pass the requirements, but there's one catch: it doesn't have a formal building permit. Does anyone know if they're going to come sniffing around for that?
silverbison293 silverbison293 Active Member
94 messages
joined Feb 2009
#455 ·
You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#456 ·
In my opinion, you don't need Boeing for trade jobs; this stuff is handled through SCORE:
Any businesses or small shops registered for hospitality, retail, tourism, or transport services have to secure certification from the local economic development office before they even open their doors, ensuring their facilities and equipment meet all the necessary industry standards.
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#457 ·
Should mobile service providers—think painters, electricians, or contractors who work on-site—actually be required to maintain a physical office space when they first start their business?
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#458 ·
They aren't necessary.
mistywolf68 mistywolf68 Newcomer
9 messages
joined Dec 2009
#459 ·
To😁Big thanks to lili p.
Is there actually an official regulation or some specific statute that dictates which types of small businesses are strictly forbidden from operating without a dedicated commercial space? I’m not talking about those home-based business exemptions for residential zoning—I mean a hard rule on what requires its own storefront or office.
I’m looking to get my own small business off the ground, but I’ve hit a massive wall trying to find a decent commercial space. It’s infuriating—I’ve been scouring the web for hours and there is absolutely nothing useful out there.
silverbison293 silverbison293 Active Member
94 messages
joined Feb 2009
#460 ·
silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

silverbison293:
I don't know... I suppose I should say something about this, though it feels a bit like shouting into a void—but here we are. There’s a certain rhythm to these discussions that I find increasingly difficult to follow lately... everything seems to be moving toward this frantic, unthinking consensus, which is never a good sign. It reminds me of those old debates back in Chicago—years ago, mind you—where everyone thought they had the answer before they even understood the question. We tend to rush. We rush to judgment, we rush to conclusions, and then we act surprised when the whole thing falls apart at the seams. It’s a pattern. A predictable, somewhat exhausting pattern. Anyway, I’m just thinking out loud... or perhaps just thinking too much for my own good. It’s hard to tell sometimes. silverbison293 says:
Does a service-based business—you know, the guys out there doing the actual work like painters or electricians—actually need a dedicated physical office space when they first get up and running?
silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

silverbison293:
I honestly don't see why everyone is getting so worked up about this... it feels like we're just spinning our wheels at this point. You look at the way things are moving—the sheer lack of foresight in these recent policy shifts—and you have to wonder if anyone is actually paying attention to the long-term fallout. It’s almost comical, really... if it weren't so frustrating. I've been watching these trends for a while now, and it always seems to follow the same predictable pattern of chaos followed by half-baked solutions that barely scratch the surface of the actual problem. We keep expecting a different result from the same broken systems, which—let's be honest—is the very definition of insanity. Anyway, I suppose it's just my opinion, but I can't shake the feeling that we're being led toward a cliff while everyone argues about what color the car should be... silverbison293 says:
I suppose I should begin somewhere... though where one actually starts when everything feels so disjointed is anyone's guess. It’s a bit like trying to untangle a mess of fishing line—you pull one thread thinking you've made progress, only to find the whole knot has tightened elsewhere... anyway, I'll get to the point eventually.😁Big thanks to Quincy...
Is there actually a specific regulation or some kind of statute that dictates which types of small businesses are strictly prohibited from operating without a dedicated commercial space—assuming we aren't just talking about those residential zoning laws for home-based businesses...
I’m looking to get a small business off the ground—just a simple LLC or a solo operation—but I am completely stuck on this damn commercial real estate situation... It is infuriating. I’ve been scouring the web for hours, but finding anything useful online feels like a total dead end. Everything is just a ghost town of outdated listings or broken links... nothing helpful at all.
silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...


Do I really need to go over this one more time? ...

Don't just sit there waiting for everything to be handed to you on a silver platter—you actually need to put in some work yourself. It isn't nearly as daunting as you’re making it out to be... honestly, a little bit of effort and a decent amount of politeness goes a long way, and before you know it, the lady at the front desk will have everything sorted out for you. It might also be worth making a trip over to the local Chamber of Commerce—there’s no harm in gathering some actual information there instead of just guessing...
By the way—take this forum for what it is, a mere compass to point you in a general direction—but please, for heaven's sake, don't treat it as some kind of bedrock for making actual business decisions...

I can't quite make heads or tails of those links—they seem to be dead ends or broken paths to some old files... nothing but digital ghosts at this point.

It looks like someone was trying to point toward some technical specs or maybe a guide on minimal requirements, but the servers aren't talking back anymore. Just empty space where information used to live...

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