Buckeye, you got a nephew or someone who knows bout websites and thing called electronics? I think its time to outsource. Ive never used this, and if you're willing its pretty easy to learn. Try calling up that website and im sure they'll walk you right through it. Also etsy.com and I think fiverr.com you'll find people who can set up websites for a low price if you're willing to pay. If I were you, id call up that 24/7 line and talk to them, even se hable espanol.
My nephew is 10 years old. I do not know anyone who knows anything about this stuff. I am willing to pay to have it done, I just want to make sure I'm not getting took since I do not know anything about that stuff.
Wish I knew more, id be willing to do it. Guess you're not as old of a fart as I thought. If you can find someone who is willing to help you out that can set it up it would be best. In the end it will save you money if you figure it out yourself with someone there to show you. Just my opinion, sorry I can't be of anymore help. Outsourcing it professionally will cost tons of money, and as a start up, in my opinion, I think you just need a website as a point of reference and to make it look more legitimate. Not paying a professional tons to start.
I am 33 years old... Do I post like an old man??? I agree, I do not want a lot of money soaked up in a website to start as I have a lot of other expenses at this time. I think I need something serviceable until I can get things rolling.
Buying a domain name and getting hosting service isn't very hard. You buy the domain name and then get fairly cheap hosting at a place like inmotionhosting.com. Email comes with it. You can write all that off. My biggest advice is to be sure to sock enough money away to cover taxes... and then put more away. One year my tax liability for state and Fed was $25K. It hurts to write checks like that. Also, be sure you have the health insurance angle figured out. I had to pay for myself and my ex back when I was self-employed and it was pretty expensive and the coverage was rather crappy. I went through a group called NASE (National Association for the Self Employed) for health insurance. I'm not sure it's the way to go.. but it seemed okay at the time. But it's also a big reason I never had kids. To get pregnancy insurance as a self-employed woman would have cost me $800.00 per month (and that's more than 10 years ago) and since I was the bread winner, if I took any time off from work, there would be no money to pay the insurance or bills. (ugh) So, take that into consideration before you get pregnant. :D Oh, and use blue in your business card and website. Blue is the color of trustworthiness.
Thanks for the tips. I do have health insurance through my wifes work, so I do have that angle covered already.
+1 on saving for income taxes.. We usually recommend setting aside 25% of revenue. That will get you in the ball park come tax time and it can be fine tuned once you have a couple of years of operation under your belt. If you have taxable income this year, you will be required to make quarterly estimated tax payments next year.
What exactly does this mean? I mean I can read it but the agent can be anyone or must it be a lawyer? Any explination on this would be great. Appointing a Statutory Agent At the time of filing its Articles, a limited liability company is required to appoint a statutory agent. The statutory agent is the person or corporation designated to accept any legal process, notice or demand that is served upon the company and is responsible for sharing this information with the limited liability company. A statutory agent for a limited liability company may be any of the following: • An individual who is a resident of Ohio; • A domestic corporation, or • A foreign corporation that is licensed to do business in Ohio. The Original Appointment of Statutory Agent must include the statutory agent’s name and address. The statutory agent must sign to accept the appointment. For convenience, the Original Appointment of Statutory Agent has been incorporated into the Articles form. In the event a company’s statutory agent’s name or address changes or the agent resigns or dies, the limited liability company must choose a new statutory agent and submit the Statutory Agent Update form (Form 521) and filing fee of $25.00.
I believe it can be anyone and is probably the owner of the LLC is the best bet. Where in the hell is Fran when you need a Lawyer. This is where a good accountant comes into play because they set this all up and get a schedule of income going right from the start.
Going to talk with the cpa tomorrow at 1pm. Any suggestions you guys with more experience have with questions I should run by him? Thanks again for all the help. You guys have been great.
