Questions


0 Votes
1 Answers
2.73K Views
How legally binding is a pre-incorporated agreement?

Our startup was founded by 3 people and is in it's final stages of development. One of the founders wants to pull out but keep their 33%. We have a one page document signed by the three of us...

asked Mar 30 '13 at 20:41
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Rangerrick337
13 points

0 Votes
0 Answers
2.5K Views
Setting up a US business to monetize a website, and doing so from abroad. Is it possible?

I should state at the outset that I am a US Citizen, but simply living abroad in a country where starting a business is much more complicated. I have recently created a website that I would like to...

asked Mar 30 '13 at 21:34
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Nate
1 point

2 Votes
1 Answers
11.4K Views
Starting a hotel

I would like to start a hotel over the next few years. I know I will need a lot of capital to do so. I am working on getting the capital right now but I would like to know what a realistic amount...

asked Mar 31 '13 at 06:06
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Makai
11 points

1 Votes
2 Answers
2.24K Views
building an application at work, want to spin it into a business

I am building a custom sales portal at my place of employment, a large company. I would like to start a saas business that uses the same features I am building for the custom project at work. I...

asked Mar 31 '13 at 10:36
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Jack Smorenson
6 points

4 Votes
2 Answers
3.42K Views
Co-Founder of Company wants to quit

I have a unique problem that I was hoping to get some clarity on. The Co-Founder of our business (in Canada) wants to end the business and get out. The company has been operating for 3 years and...

asked Mar 31 '13 at 15:21
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Ben
23 points

3 Votes
3 Answers
2.87K Views
Even after 1 year, the ecommerce site isn't showing good results

Last year around august, I joined an eCommerce start-up(handicraft items) as the technical head. Though, the company was online for more than 4 months prior to me. The website look and feel was...

asked Mar 31 '13 at 21:43
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Pankaj Upadhyay
156 points

0 Votes
1 Answers
3.63K Views
1099 requirements for customers in middleman-type business

Note: I WILL be seeking information from a lawyer or accountant if I proceed but I want preliminary info here first. I am considering a business that, for sake of example, is much like Guru.com or...

asked Apr 1 '13 at 08:05
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User478798
3 points

0 Votes
1 Answers
2.94K Views
Distributing profits when a Joint Venture starts to make money?

My question concerns the tax implications of distributing profits, if and when the hard work pays off. In my case all of the expenses and income have flowed through my business account (S...

asked Apr 1 '13 at 08:43
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Robotronic
1 point

2 Votes
2 Answers
1.96K Views
How can I keep aware of tax changes?

Just found out that the city we're in raised the sales tax again, the second time this year. Since we didn't know about the change, we've been charging our customers the lower rate for some time...

Tax
asked Apr 2 '13 at 10:18
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Joe
113 points

1 Votes
4 Answers
3.73K Views
Spliting a partner without an operating agreement

I have been in the retail industry for over 14 years. I pitched an idea to an old friend of mine to open a mattress store about two years ago. We opened the company as an LLC. I had all the...

asked Apr 3 '13 at 10:26
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Jay
6 points

-2 Votes
1 Answers
2.39K Views
Best way to commercialize a software

My associates and I own a services business. To improve efficiency we started to developed own software two years ago. The software we developed seems to be very effective and time-saving for us...

asked Apr 3 '13 at 22:57
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Gauthier
1 point

1 Votes
1 Answers
2.53K Views
Should the first person in the pool pay for the water?

I am providing a quote for wireless service to a client. Without getting too technical, suffice it to say that their site will need a computer to perform this service. The interesting thing to note...

asked Apr 4 '13 at 04:26
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Md Moore313
290 points

2 Votes
5 Answers
2.8K Views
Strategies for When One Discovers Competitor

For that past few months, I've been building a product that targets a specific niche. The kind of product I have been building hasn't been around the marketplace, and I knew there is a...

asked Mar 7 '13 at 06:34
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K2x L
111 points

-3 Votes
1 Answers
2.83K Views
Can a person with an H1B be a non-executive director & co-found a company?

I know this question has been asked many times on many places, however I wasn't able to get straight forward answer except for, "go to Attorney". Sure, I will (go), however I am just doing papers...

EIN
asked Mar 22 '13 at 05:04
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Kedar
1 point

1 Votes
1 Answers
2.63K Views
LLC partnership on student visa and then transfer to H1B

I am on F1 visa. I'm done with my masters and am on my OPT. Can I be a partner in an LLC? What about when I go on H1B. I'm looking to startup in Texas & California both. I tried to look for...

asked Mar 7 '13 at 10:10
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Diablo Sharma
28 points

1 Votes
1 Answers
2.35K Views
Can I resubmit under my company an abandon patent that was under my name?

If I submitted a patent under my personal name and it was abandoned, can I later resubmit or rather submit it under my company name?

asked Mar 7 '13 at 11:07
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Sdm
6 points

0 Votes
1 Answers
1.96K Views
financial ratio for start-ups

I'm building a Saas B2B startup and I'm wondering what kind of multiples are used to estimate future exit valuations. Price/earning ratio, price/sales ratio? For instance, if I plan to build a...

asked Mar 7 '13 at 11:47
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Frenchie
4,166 points

2 Votes
2 Answers
2.24K Views
How do I advertise the products in my rental business?

I am starting an electronic rental business. Legally, am I allowed to put advertisements in print and web for my business that feature a picture of the electronic and name saying that I rent these...

asked Mar 7 '13 at 14:42
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Lookingforanswers
11 points

1 Votes
2 Answers
1.97K Views
X percent of sales from now until end of time is too much?

I have a friend Z who has been acting as the middle-man between me and his clients. Z contributes to less than one percent of my business' revenue. The projects that Z refers usually amounts to $1k...

asked Mar 8 '13 at 01:50
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John
170 points

0 Votes
2 Answers
2.65K Views
Revenue share for promotion of mobile apps

I'm a sole android app developer with good quality free apps (games) but not much experience in marketing and promotion of my apps. My biggest problem is that I have little money to promote my...

asked Mar 8 '13 at 02:10
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Relax Factor
1 point