Thanks for information I want to open Transportation/ car and limo business We don’t have any of our vehicles, we want to generate online business via calls and online And give the business to the local vendors by making our commition
I am planning to start a food truck. I hope to sell my own food products from the vehicle, but I am afraid. My fear is that the people who come to get services from me will sue me for hiring another employee for my food truck because my single service is not efficient. They don't have the right to say that, right? It's something I have to decide whether or not to hire an employee for my business. Will I have to go to jail if I start this business?
I don't see any reason someone could sue you for having employees or not having employees in this situation. Maybe if something was horribly dangerous and not having enough people caused the danger (like if someone was using dangerous equipment or hazardous materials), but I don't see that applying to a food truck or other food sales
Thank you for this information! I've been looking for answers on exactly these topics! One question regarding business name and trademark. I found a registered trademark for a company that has a name very similar to the one I want to use (they have one less word in their name than my version) but the industry is completely different. Would the name I want to use still be off limits then given the trademark I found?
Great tips! I don't know if a sole proprietorship would actually be a better choice even tho it is simpler due to Liability issues. For example, if Joe owns a cleaning service as a sole proprietor, and accidentally destroys a $100,000 something, wouldn't he be personally liable (and thus his personal belongings such as his house etc would be at risk, where as with a LLC, there is a sort of separation and the business would be at risk, but not usually the personal belongings of the business owner?
Yep that is the idea of an LLC. You can (and should) also get liability insurance for those kinds of accidents, too. Sometimes in the beginning if someone has very limited money, it makes sense to spend it first on liability insurance before getting an LLC. But in a perfect world, it is good to do both
If you are selling via the web using a dba name are you required to register your dba name in all states where sales are made or just where you have physical presence?
I am a solo developer. I hope to introduce my own commerce app but I don't have any team that means I am the only member in this business. I can't do this business by myself, will my customers sue me because I am doing this business alone?
Hello thanks for of your information I have a question I registered a c corporation and now I’m receiving on mail letters from irs and eftps can you please explain us something about it I’m lost I’m new in this, thanks in advance
Hm well the buyer usually pays the sales tax but the seller is responsible for submitting it and filing a sales tax return for their own business. The time this does not happen is when the buyer is in another state (then they are supposed to pay a "use tax" on the purchase)
What happens is that you have rights in only the places where you are continuously making sales (like those areas / states). They can get a federal trademark and in theory get the other places, and (short answer) it creates a mess of concurrent rights
Plethora of great information Elizabeth. Much appreciation. 🌼🌼🌼
Glad it was helpful!
@@ElizabethPW Yes, very!
Thanks for information
I want to open Transportation/ car and limo business
We don’t have any of our vehicles, we want to generate online business via calls and online
And give the business to the local vendors by making our commition
Not sure if you have a question?
I am planning to start a food truck. I hope to sell my own food products from the vehicle, but I am afraid. My fear is that the people who come to get services from me will sue me for hiring another employee for my food truck because my single service is not efficient. They don't have the right to say that, right? It's something I have to decide whether or not to hire an employee for my business. Will I have to go to jail if I start this business?
I don't see any reason someone could sue you for having employees or not having employees in this situation. Maybe if something was horribly dangerous and not having enough people caused the danger (like if someone was using dangerous equipment or hazardous materials), but I don't see that applying to a food truck or other food sales
Thank you for this information! I've been looking for answers on exactly these topics! One question regarding business name and trademark. I found a registered trademark for a company that has a name very similar to the one I want to use (they have one less word in their name than my version) but the industry is completely different. Would the name I want to use still be off limits then given the trademark I found?
If the industries / classes are not related, it can be okay. But if they are releated (like podcasts and consulting), then it may be a problem.
Great tips!
I don't know if a sole proprietorship would actually be a better choice even tho it is simpler due to Liability issues. For example, if Joe owns a cleaning service as a sole proprietor, and accidentally destroys a $100,000 something, wouldn't he be personally liable (and thus his personal belongings such as his house etc would be at risk, where as with a LLC, there is a sort of separation and the business would be at risk, but not usually the personal belongings of the business owner?
Yep that is the idea of an LLC. You can (and should) also get liability insurance for those kinds of accidents, too. Sometimes in the beginning if someone has very limited money, it makes sense to spend it first on liability insurance before getting an LLC. But in a perfect world, it is good to do both
If you are selling via the web using a dba name are you required to register your dba name in all states where sales are made or just where you have physical presence?
Typically we just do it where you are located
you are amazing
I am a solo developer. I hope to introduce my own commerce app but I don't have any team that means I am the only member in this business. I can't do this business by myself, will my customers sue me because I am doing this business alone?
Well I think if someone sued it would just be because the work was not done correctly, not because there were no extra employees
Hello thanks for of your information I have a question I registered a c corporation and now I’m receiving on mail letters from irs and eftps can you please explain us something about it I’m lost I’m new in this, thanks in advance
Ah yes so you'd be getting mail about the tax status and also about setting up an employer account, so you can run payroll to pay yourself.
Can you make the buyer responsible for sales tax?
Hm well the buyer usually pays the sales tax but the seller is responsible for submitting it and filing a sales tax return for their own business. The time this does not happen is when the buyer is in another state (then they are supposed to pay a "use tax" on the purchase)
Does it matter if I’m using a name in business then a year later someone decides to get a trademark?
What happens is that you have rights in only the places where you are continuously making sales (like those areas / states). They can get a federal trademark and in theory get the other places, and (short answer) it creates a mess of concurrent rights
Do I need a business license for a smma
It depends on the city, if they require all businesses to have a biz license, then yes
Do I need an operating agreement for my LLC
In most states it is not required, but I highly recommend it (especially if more than one member) to provide a papertrail for the LLC
@@ElizabethPW
@@ElizabethPW How can I set up a consultation with you on the phone. I just started my LLC and would like to speak with an attorney.
DON'T do a partnership. Listen to her.