Peterbronz | Answers

Depends on your State. In California the Federal taxes will be the same but CA has a gross receipts tax so while most real estate is LLC an S Corp could be preferable. There are other issues to consider. Most real estate is held in an LLC

When starting a business you will encounter many issues. Having funds is a big issue. Moving just to move makes no sense. Sometimes being in a location where there are many like minded e.g. Silicon Valley for technology because the talent pool. Taxes are a big issue too. At the end of the day locate your business where it’s convenient-you can get friends and family to help as time is valuable in an area where talent is priced sufficiently to the product or service you are selling. University’s can be good resources too. Without knowing your product or service it’s difficult

There are more places to go to get information. When TV and radio came out newspapers survived. There will always be new forms to market. Old fors may have to adjust or recreate themselves in different forms to survive but most do figure out a new way to succeeed.

You must apply to the IRS. You can obtain an EIN online. via mail. Its an SS4 form filled out or an online form if filing online.

These are good questions. Whomever you hire must speak your language so which country there in-if they are working from home will be irrelevant. The issue is does the work only include work that can be done by computer/cell or not. Upwork is a very reknowned website. Companies like Fiverr are good places to locate a virtual assistant

Every industry is different. Hotels, motels and lodging companies are being disrupted by arbnb. Taxi services are being disrupted by Uber and Lyft. Disruption abounds in every industry in different forms. If you can’t meet your competition then you will be harmed. You need to think how you can react successfully.

It shouldn’t matter whether your business is primarily online of not. You need a reputable bank. In the United States its important to have an FDIC protected bank. The credit processing and availability of services such as paypal will effect an online business more then the choice of bank.

You can’t control what co-workers do outside work. Within work every action you take can affect the morale of the staff. If a co-worker wants to give another co-worker a present then they can give a gift whether you want them to or not, though if there is a motive that one co-worker does not want the gift and speaks to a supervisor that could become a work issue. Even a policy prohibiting gift giving can be cicumvented.

You must have quality tracking software. This is a requirement. If results are not accurately tracked then it’s meaningless. What keywords are you ranking for and which keywords are your competitors ranking. Conversion is all about Call to Action! You need traffic and you need a site people stay on or view-time matters. You need a great value proposition for the kit. What is your conversation rate now? You may think your rate is bad when it’s outstanding? 3-4% is great. You can increase your rate by getting a great call to action. Test, Test and then test until you have a winner.

You are always better with a release form. Yes the email is in wiriting but that is not always admissible evidence. The language in the email may not be sufficient so a release is the better way to go.