We are about to create an investment club. We have plans to buy stock, but we plan to invest over 50% of our shares monthly minimums on startups. Is this allowed since we are an LLC with multiple...
Last month I was offered for an equity on a startup venture. It's an online store focus on selling customized toys. Their business models looks good and promising. But I just have few doubts and...
I provided consultancy to a client to develop a product. Its been a couple of years now and I think there is a market to build that product for other clients. My question is how does it work. Is it...
Since we already have a Legal LLC in the state of New Jersey, if I wanted to create a DBA would I need to get a new EIN number from the IRS or state-issued tax ID? Can I operate the DBA as its own...
We are building a web-based application which will provide an advertising outlet and online fulfillment for certain service providers. We are writing our marketing plan and I am wondering if anyone...
After being a senior developer for quite a few years (more than 15) I would like to start my own business and implement a product that will be used for financial purpose (it will probably take 4-5...
I was looking at a previous question on the subject and it mentioned a form 1120-F for foreign corporations. Does this mean that foreign corporations who do business in the USA must pay US...
I've noticed a former potential partner of mine is using a logo, website design, and company description/mission that I created and retain full ownership of. Should I just send a simple email...
I have just been sent a link, from a somewhat trusted source, to a system for catagorising Entrepreneurs and before handing over the money wanted to see if anyone else has heard about it. From...
I’m a web developer/designer and had a business idea for a website about 10 years ago which, for various personal reasons have only started to take the time to start building over the last few...
We always "reserve the right to re-use any code written for this project" in our contracts with clients. With this in mind, if a later client needs a very similar web app, is it ethical to slightly...
I am in planning stage of my first startup and to get better equipped with knowledge/tools for that, I am reading number of books that are recommended as must-read for entrepreneurs. One such book...
Thanks for taking time to read my post and sorry for the loaded questions -- please read patiently to help me. Here is the scenario: Founder has the startup idea vetted 3.5 years ago -- but never...
I'm trying to figure out what my role is... Backstory: Late last year (October/November) I was asked by an acquaintance If I'd be keen to help develop a SaaS product that he & his brother had...
I am doing taxes for someone who had about $1,500 in 2011 expenses for a new business (sole-proprietorship) but no income. Can she deduct these start-up costs in 2011 or will she have to add them...
I'm looking into selling a web application to US customers. Is it necessary to create a US subsidiary such as a Delaware LLC or not? How are taxes worked out? Income tax, sales tax? I know this is...
I would like to be able to cash checks made out to "Code Developr" in the USA. I am in the state of Florida. I do not have an LLC or Corporation. The nature of the business at this point will be...
I wrote a sudoku application and put it in the chrome app store. It is quite popular. I have received serious requests from media companies asking to include my application as part of their mobile...
Let's say I build a service, a map for example. To build a map service costs me around $1,000. But a service isn't a one-off investment, it's like making a product, when I sell it, I don't need...
We have started a new web based service and are close to launching our prototype. So far the effort has been self-funded by me in amount close to $15k total expenses -- mostly for development. All...