As a Canadian, I’m curious to know which businesses are feasible to start with a budget of around 138k USD in my hand in the US. I am interested in retail and real estate businesses.

Hi all,

I have a friend who is starting his own insurance company (umbrella/disability/liability/life & health) and for Christmas I wanted to get him something that would support him getting off the ground. We will be merging our RIA with his firm shortly so I’ll also be participating in this business eventually but for now it’s just him breaking off from his parent company and going indy starting from scratch.

I thought something like a year subscription to an accounting program or maybe a virtual personal assistant….something along these lines would be both thoughtful and helpful. My budget is somewhere between $250-500…maybe a tad more if it’s really really useful.

Any thoughts or experiences with companies/API’s, software, or anything of the like that would be instrumental in the creation/growth of the business? Thank you!

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We are an international freight forwarder focused on shipping renewable energy products, generic pharmaceuticals, and chemicals. Our business is largely based on word of mouth. 1 Repeat customer introduces us to at least another 2-3 clients. Most times we don't even ask, they push it from their end. We want to stay niche because there's a lot of work involved with our projects/ shipments. We're very hands-on. There are lots of excellent freight forwarders, and there are many not-so-great ones. It's hard to know if you're working with a strong provider before actually working with them. That being said, many people are reluctant to work with a new provider. However, in our case, our CEO was the former CEO of the largest freight forwarder, so his name carries weight in the industry. To my question, we are considering hiring salespeople or a marketing agency. First of is this an either-or? What have you found successful in your business? What is the return on investment in hiring a marketing agency as compared to a salesperson? What is the expectation of a marketing agency? What's the return based on a %?

So if I am an LLC headquartered in the US operating internationally, I am aware I will be treated as a corporation in many countries (UK, Canada…).

My question is, when we pay the corporate tax in the foreign country, is the repatriated amount eligible for tax benefits as an LLC? Or does that only apply to businesses that have corporate structures instead of LLCs?

I am asking this because I know if you pay (let’s say 15% corporate tax abroad) you pay 7% corporate tax on repatriated money. Would this also apply for LLCs or just corporations?

https://www.surveymonkey.com/r/DSM96T6

Someone in my life wants me to find them a business, help them purchase it (not pay but with the process), and also find them a manager for that business. As this is time consuming l'd like to get paid to do it so l wanted to ask you guys what an appropriate "finders/helpers fee" or general compensation would be?

Context: Buyer wants to find a self sufficient cash flowing local business.

Where should I start with the process, from the Health clearances of the product to everything? Should my target be wholesalers, supermarkets or online (Amazon)? I want to enter trading, but I want to learn everything and move forward with the right steps.

I know that people who are very successful here will give me good ideas. Thank you very much

Edit:My friend is working with this company in Turkey. He said we sale this product all world. Now they wanna sell in USA but they don’t know anything. That’s why they called me they said you are in New York you can sale for us.

He like a my brother I can trust him.

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I don't get it, even a lot of people go through this problem of ending up seeing that what we focus at is "saturated" I was learning so much of digital marketing until I realized that it's "oversaturated" then jump to saas and people saying "people are on generative AI (or whatever)" like wth am I supposed to do then?

Hi all,

I have just launched my new clothing business NTHRLD.

I would love to hear some of your thoughts on how I can succeed and tips to implement.

Currently I have created a website and a few products as well as some social content.

To understand where I am at, this is my website - https://nthrld.com

Look forward to hearing you thoughts!!

I want to hire two people for my LLC as independent contractors, but I'm not sure if it would be considered misclassification. What I'm thinking about seems to lean more towards independent contractor, but there are aspects that align with employee status.

Here are the aspects that align more with independent contractor:

• dictates their own work schedule
• provides their own equipment,
• paid based on profit sharing agreement relative to projects they've completed
• would not receive benefits

Here are the aspects that align more with an employee:

• paid on a regular basis. This would be because they would be involved in a lot of projects that generate recurring revenue every month so it would be easier to combine payments into bi-weekly or monthly payments.
• they would be working with me indefinitely. This would be because they will always have the opportunity to work on these kind of projects with the company.
• one of them would also be responsible for handling some stuff in QBO

So would it be okay for me to hire them as independent contractors? Is there anything else I should know about this?

Has anyone had any experience with using Tailor Brands for getting an LLC? Not sure if it’s legit.

Spent most of my career in remote mining a little bit in oil and gas as a service technician working through staffing agencys or specialized contracting companies looking to go out on my own I signed a no poaching contract so I can't go after the customers of my previous employers so I need to make connections and get myself in the shops or on site doing repair work I have my corporation set up insurance ready to go wsib up to date I'm just not good at Networking and I'm not sure where to start anyone have any ideas?

Hi All, I earn 25000$ per month doing different jobs. How can I use it wisely and make the money multiply by itself, so that I can stop working and retire. I am bad at Savings...

Making this post on behalf of my significant other.

He's been working at this small business for many years and became the manager there, so the owner is most comfortable passing on her one store to him, as she wants to retire. (I also work there and have for a few years now) We have a great relationship with our clients and are really confident we could make this work and do well.

The only issue is money. We do NOT have money. We live in NYC and more or less live paycheck to paycheck, because it’s tough out here. But we really want to take advantage of this opportunity! The owner offered a deal to pay her over time so that part isn’t an issue, but we need money to start things up and get things going, like paying rent at first and paying everybody’s wages, etc. We were thinking we’d probably need like $20k to safely get things going, and the store owner offered to lend us half that, if we could find a way to get the other half, to prove that he (my SO) is all in on this. But his credit is very low right now since we were just forced to move to a new apartment and went through some difficulties, so no banks we’ve tried seem willing to give him loans (and repeatedly applying makes his credit lower). What can we do? Is there anything we can do?? We have never been officially involved in business so we need all the help we can get.

It’s for my entrepreneurship and leadership classes in college. Any help would be greatly appreciated.

3 years ago I started an online boutique, I got my domain, ein everything! I started it and just didn’t feel like it was what I wanted to do… it went fairly well and I got a lot of support, but style changes so fast that a lot of my items I’d just have to put on sale so I wasn’t really profiting off it. I started selling my stuff on Poshmark, Depop and eBay and noticed most my products would go within an hour of posting them. I’ve been thinking about maybe making my store into a thrift shop instead. I started thrift flipping recently and i genuinely feel like it’s for me. I really want to have a physical store, but money is what stops me.. I talked to a realtor who has a small shop that’s for sale downtown in my city.. and I pitched him the idea and he said a good thrift store would thrive in that area, there’s so much traffic, we have a really famous treat shop that people travel to go too. I just am so hyper focused on how much it would cost me if I did do it. Would I be able to get a business loan? I talked to my husband and he doesn’t say much about it. I wish i had more support.

A couple of my friends and I have been brainstorming ideas for starting up our own instrument company with our brands. We are surveying for demand in the market and finding the right niche and audience.

The business will start off being completely online, through websites or online shopping sites. We will then move on to having an actual showroom that might combine with services such as music classes and instrument maintenance and repairs. Finally moving onto customised equipment and special orders such as parts and accessories.

We plan to start with drums first since we have contact with suppliers willing to work with us, I'm concerned with competition and cost. Any recommendation is welcomed!

Note: Location is Malaysia

Has anyone successfully set up WhatsApp Business with a landline number? How did you do it?

Hey everyone!

I'm curious if anyone here has managed to set up WhatsApp Business using a landline number instead of a mobile number. I've heard it's possible, but I'm not sure about the exact steps and potential challenges. If you've done it, could you share your experience and any tips or tricks you found helpful?

My uncle started a business, but since he lives outside the country, I helped him set it up—registering it, creating a business bank account, and handling the technical aspects.

He was struggling to manage everything remotely, so I found him a great consultant who helped get things running. Now, my uncle wants me to take over the entire operation while he’s away. This includes staff management, marketing, sales, accounting, taxation, and the day-to-day running—basically, everything.

The problem is, I already work a 9-5 job, and taking this on feels like it’s going to be overwhelming.

I asked to be listed as a director of the company, not just an employee. There’s no income yet since we’re not profitable, but I figured being a director would give me a say in the business and allow me to benefit from dividends in the future, including potential tax advantages.

However, my uncle thinks I’m asking for too much. He claims his business partner won’t approve of making his nephew a director.

Am I being unreasonable here, or should I consider stepping away from this altogether?

Our world is really strange at the moment but without a doubt one of the oddest things to me is how Google is so much worse than it was 5 years ago, and how little they seem to care about trying to fix it. I noticed the decline about a year into Covid, and then it was majorly ramped up when they did the Helpful Content Update in 2023. I wonder how much they had to pay a PR firm to come up with that media friendly name as they decimated so many high quality sites.

While I am not necessarily suggesting I think Google is intentionally trying to be bad at search, can any of you come up with any reasons why it could be profitable for them to do so? It sounds like a crazy thing to say, but when the quality of certain areas of Google Search (like Local) have been this pathetically bad for this long….. wtf is going on?

Do they just not care because AI and bigger things are coming? Have they found some weird way to be more profitable while being worse at what they do?

Help me make sense of this please

How can I get an industry report?

I can’t afford IBIS world but would really love to learn about the funeral home industry. Does anyone had advice for reading The IBISWorld report titled “Funeral Homes in the US - Market Research Report (2014-2029)

Hi all, I'd like to start a cleaning business. For now I don't have a car but I feel like i can make it work. What should I buy? How should I advertise and get customers while working a full time job? I cant afford to drop my full time job until and if it picks up

I recently put up an ad on go4worldbusiness website and my email was flooded with offers. The thing is that they these have very suspicious pricing and will go with any low-ball offer you throw at them. They all have locations and some accepted a warehouse inspection.

The question is how do I verify without having to pay for an inspection? They cost a hefty price and is it possible ALL of the offers I got are scams? Most of them have websites and registration numbers but they could still scam me.