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Starting a small business

Started by Justin Walker24 · · 👁 56 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 …
Kate Rodriguez8 Kate Rodriguez8 Newcomer
9 messages
joined Jan 2010
#521 ·
Kate Rodriguez8 said:What exactly is the protocol when moving a sole proprietorship's headquarters from one city to another? I'm specifically looking at the ripple effect regarding administrative shifts—things like updating the IRS jurisdiction, notifying the local Chamber of Commerce, and so on. How long does this entire process typically take to wrap up?

Also, will the "new" tax authority recognize all previous business purchases made under the old address for input tax credits or deductions? I assume since the EIN remains the same throughout the US, it should be a seamless transition, but I'd like some clarity on that logic.


God bless America... Why would anything be easy when it can be unnecessarily difficult?

That's just how things work in this country when it comes to running a business, so I figured I'd share how I finally resolved my situation...😁

I went down to the local economic development office, and the "pleasant lady" behind the desk tells me, "Just pay two fees" ($170 and $20) and adds, "I'll get this sorted for you incredibly fast, within two or three days" (referring to the change of business address). After that, I just need a new company stamp and I'm done.

And then what? I didn't want to make a scene—nor did I want to mention that I had actually spoken to her on the phone earlier, where she insisted I provide a medical clearance certificate— $133... But once I was standing right there in front of her, she didn't even bring up that famous "medical certificate" again.

Then, I head to the office across the hall—the tourism bureau—to ask the lady there for the "MIT credentials for a travel agency."
She gives me the rundown of what's needed, and suddenly we hit another snag: two requirements that would be mandatory in cities like Indianapolis or Savannah (mind you: SAME FEDERAL LAW), yet here, they aren't required at all...😁 (not to mention I had already spoken to this same woman on the phone), and she told me one thing then, but now it's another. It makes you wonder if these people are sane—telling you one thing over the phone and something completely different when you show up in person...

So, to summarize:

- Arrived around 10 AM (drove a 280 miles)
- Signed the lease for the commercial space (since it's a state-owned corporation, I had to leave blank promissory notes for $100k and, naturally, paid six months upfront😁
- Had everything notarized
- Moved into the space and had the contractors start painting, etc.
- Submitted the application to change the business headquarters
- Submitted the application for the MIT credentials
Returned home (280 miles around 8 PM that same day...)

And that's it. Apparently, everything should be finalized by next week.

Furniture, technical equipment, software, and more are ready for move-in. The website is under construction, and partnership agreements are signed...

We are looking at an official start date around April 15th.

God bless America...🤣
cosmictinker15 cosmictinker15 Newcomer
3 messages
joined Apr 2010
#522 ·
So I was wondering about one way to set up a small business... can a woman who's currently out on maternity leave and getting those state benefits still start her own LLC without losing her check? And would she also have to start paying into Social Security during that time while she's still technically employed elsewhere... thanks for any help
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#523 ·
Technically, they can set up a small business without losing any benefits, but they’ll need to report being on maternity leave. The unemployment office won't cut a check during that time, and obviously, you can't actually be out there working the business while you're officially on leave.
Kate Rodriguez8 Kate Rodriguez8 Newcomer
9 messages
joined Jan 2010
#524 ·
Kate Rodriguez8 said:God bless America... Why would anything be easy when it can be unnecessarily difficult?

That's just how things work in this country when it comes to running a business, so I figured I'd share how I finally resolved my situation...😁

I went down to the local economic development office, and the "pleasant lady" behind the desk tells me, "Just pay two fees" ($170 and $20) and adds, "I'll get this sorted for you incredibly fast, within two or three days" (referring to the change of business address). After that, I just need a new company stamp and I'm done.

And then what? I didn't want to make a scene—nor did I want to mention that I had actually spoken to her on the phone earlier, where she insisted I provide a medical clearance certificate— $133... But once I was standing right there in front of her, she didn't even bring up that famous "medical certificate" again.

Then, I head to the office across the hall—the tourism bureau—to ask the lady there for the "MIT credentials for a travel agency."
She gives me the rundown of what's needed, and suddenly we hit another snag: two requirements that would be mandatory in cities like Indianapolis or Savannah (mind you: SAME FEDERAL LAW), yet here, they aren't required at all...😁 (not to mention I had already spoken to this same woman on the phone), and she told me one thing then, but now it's another. It makes you wonder if these people are sane—telling you one thing over the phone and something completely different when you show up in person...

So, to summarize:

- Arrived around 10 AM (drove a 280 miles)
- Signed the lease for the commercial space (since it's a state-owned corporation, I had to leave blank promissory notes for $100k and, naturally, paid six months upfront😁
- Had everything notarized
- Moved into the space and had the contractors start painting, etc.
- Submitted the application to change the business headquarters
- Submitted the application for the MIT credentials
Returned home (280 miles around 8 PM that same day...)

And that's it. Apparently, everything should be finalized by next week.

Furniture, technical equipment, software, and more are ready for move-in. The website is under construction, and partnership agreements are signed...

We are looking at an official start date around April 15th.

God bless America...🤣

The paperwork regarding the change finally arrived today (it took a ridiculous 7 or 8 days, by the way...). Unfortunately, the clerk decided to mail the physical document to my business via USPS, so if it doesn't show up tomorrow, I won't see it until after the holiday weekend. I explicitly told her not to mail it—that I would swing by personally on Tuesday instead;
why Tuesday? Because I have furniture being delivered and they're installing my phone line (and the technician actually had the nerve to tell me it could take a month to get service?!?) ...give me a break. If you just call a buddy who knows someone, the whole thing gets sorted and the phone is working within three days. 😁

So, everything is lining up. At this rate, I might even be open before April 15th...
cosmictinker15 cosmictinker15 Newcomer
3 messages
joined Apr 2010
#525 ·
thanks Henry Edwards33, but I was wondering if I could help out with the business as her husband without actually being officially on the payroll...
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#526 ·
You can offer a helping hand, but don't you dare think you're doing the actual work 😉
restlesstiger47 restlesstiger47 Member
21 messages
joined Oct 2013
#527 ·
Quick question for you guys...🙂
My sister just started her own small business, and up until now, she’s only been sourcing all her inventory locally here in the States. Now, she’s looking into ordering some bulk shipments from China, but she’s feeling a bit lost on how the whole process actually works.
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#528 ·
Just order the goods, hire a freight forwarder, and handle the import process. There’s actually a dedicated thread about importing stuff over there, so you should probably check 😉
rapidhawk26 rapidhawk26 Member
14 messages
joined Apr 2010
#529 ·
Let’s get down to brass tacks: I’m looking at starting a little seasonal venture this summer, specifically selling and making pancakes from a private space located right by the beach. What exactly does one need to get a seasonal business like this off the ground, and more importantly, is it actually worth the headache? Which specific business classification code should I be looking at for a seasonal operation? Honestly, the constant anxiety of wondering if an inspector is going to stroll by any given day isn't exactly a glamorous prospect. If someone were currently unemployed and decided to launch this, how would that affect their social security contributions and tax obligations? Thanks in advance for the insight!
cosmictinker15 cosmictinker15 Newcomer
3 messages
joined Apr 2010
#530 ·
so I was wondering about setting up a seasonal business... thinking about starting my own drywall contracting gig and just registering for part-time hours... does anyone know how much I'd be paying the IRS every month? like, would the tax hit be any lighter if I go part-time instead of full-time
Terry Edwards6 Terry Edwards6 Newcomer
5 messages
joined Apr 2010
#531 ·
Hey everyone, does anyone actually know the drill for setting this kind of thing up? I’ve currently got a steady 9-to-5, but I’m looking to launch this as a side hustle on the side.
1) Should I be looking at setting up an LLC or just going the sole proprietorship route?
2) Is it cool if I register my business in a place like Indianapolis but end up doing all the actual work down in Florida?
3) Roughly how much cash am I gonna need to get the ball rolling if I'm not buying any vehicles or heavy equipment right away?
4) Also, would it be doable to hire a college kid through a campus job agency?
Kate Rodriguez8 Kate Rodriguez8 Newcomer
9 messages
joined Jan 2010
#532 ·
Is it legally permissible under NAICS codes 561510 or 561520 to engage in the resale of telecommunications services from another provider that holds a valid telecom license? I am specifically looking at reselling VoIP services through an existing reseller entity.

As I understand it, the 561510 category covers travel agency activities—which is a massive umbrella including everything from souvenir sales and newsstands to car rentals, bike rentals, and insurance products.

Does anyone here have clarity on this?
Henry Edwards33 Henry Edwards33 Regular
678 messages
joined Aug 2015
#533 ·
cosmictinker15, if you aren't pulling shifts for someone else, you've got to sign up for full-time hours just to break even—we're looking at roughly $583.

Terry Edwards6, pick a lane first: do you want to set up an LLC or go the sole proprietorship route? Once you decide, we can actually give you a straight answer.
Terry Edwards6 Terry Edwards6 Newcomer
5 messages
joined Apr 2010
#534 ·
Henry Edwards33 said:cosmictinker15, if you aren't pulling shifts for someone else, you've got to sign up for full-time hours just to break even—we're looking at roughly $583.

Terry Edwards6, pick a lane first: do you want to set up an LLC or go the sole proprietorship route? Once you decide, we can actually give you a straight answer.


sole proprietorship
wiredsurfer17 wiredsurfer17 Newcomer
3 messages
joined Apr 2010
#535 ·
Hey. Got a few questions and would appreciate any help I can get.

I’m thinking about heading to the coast this summer to do temporary tattoos—you know, the kind that last about ten days. I already have a spot (a private house in a prime location), so I don't need to rent space from the city. Here’s what I’m wondering:
1. Do I actually need to be a registered small business owner to do this by the beach over the summer? Or is everyone working those boardwalk stands just an employee for someone else?
2. What kind of local taxes or fees do I owe the town to operate there, and who exactly am I cutting checks to?
3. Which office should I hit up to get a permit or whatever you call the permission to set up shop?
4. Is there a deadline for getting all that paperwork sorted with the department mentioned in question 3?

Thanks a million. tnx.
silverbison293 silverbison293 Active Member
94 messages
joined Feb 2009
#536 ·
You really ought to get all the specifics from the Department of Commerce—specifically for whatever area you're looking to plant yourself in...
boldcanyon72 boldcanyon72 Newcomer
1 message
joined Apr 2010
#537 ·
I would appreciate some assistance with several questions if anyone is able to provide answers:

1. What is the startup capital required to launch a small business?
2. What specific requirements must be met to open a sole proprietorship?
3. Does catering fall under the category of a general service business?
4. Is it possible to include other activities, such as import-export, under the same business entity?
5. What are the typical tax obligations?
6. What is the approximate monthly revenue for a catering business?

My plan is to launch a catering service specializing in Arab cuisine and healthy meal options for those on specific diets. I intend to offer everything from intimate romantic dinners and small family gatherings to larger events like weddings.

What are your thoughts on this venture? Thank you in advance!
Charles Evans61 Charles Evans61 Newcomer
4 messages
joined Apr 2010
#538 ·
I’ve been sitting here thinking about starting up an association for tour guides and travel organizers centered around the Appalachian Mountains—maybe even setting up a sort of "home base" near Lake Tahoe where we could host workshops on all sorts of local programs and activities. I'm not really looking to build some high-brow, overly academic institution; my vision is more about being smart with it and bringing together people who just genuinely love socializing, spending time out in the fresh air, and exploring new places... basically, I want to package that sense of community and enjoyment with stuff that’s actually useful.

Has anyone here ever dealt with something like this before?
slysailor6 slysailor6 Newcomer
2 messages
joined May 2010
#539 ·
I’m looking for some guidance here because I’ve got this idea swirling around my head about starting my own small business—specifically a cleaning service. The plan is to hire a few women to handle the actual work while I focus on landing contracts with local spots like restaurants, post offices, or retail shops. But I’m a bit lost on the logistics... what’s the best way to actually get this thing off the ground? Is there a specific type of small business registration I should be looking at, especially since I know there are different tiers of independent contracting out there? And since I’m still a student, are there any tax breaks or special incentives for young entrepreneurs that I should be jumping on?

Thanks!
Charles Evans61 Charles Evans61 Newcomer
4 messages
joined Apr 2010
#540 ·
slysailor6 said:I’m looking for some guidance here because I’ve got this idea swirling around my head about starting my own small business—specifically a cleaning service. The plan is to hire a few women to handle the actual work while I focus on landing contracts with local spots like restaurants, post offices, or retail shops. But I’m a bit lost on the logistics... what’s the best way to actually get this thing off the ground? Is there a specific type of small business registration I should be looking at, especially since I know there are different tiers of independent contracting out there? And since I’m still a student, are there any tax breaks or special incentives for young entrepreneurs that I should be jumping on?

Thanks!

To be honest, I don't know a ton about the legal registration side of things, so your best bet is to just give the U.S. Chamber of Commerce ( www.uschamber.com ) a call; they have advisors on staff who can walk you through the whole process for free. That said, I think you've picked a great direction, because cleaning services are one of those businesses where you can truly build something from nothing and scale it up into a major operation quite quickly. If I were you, I'd put everything into building solid relationships with your clients and making sure your quality is top-notch—if you can set high standards that your whole crew follows consistently, once customers notice that level of reliability, you'll be absolutely killing it.
Best of luck!

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