just start your own business? Well that's not really possible unless you have the funds (ethics, fence)
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No, tax numbers are NOT free. Not in my state. Sales tax numbers cost money.
If done legally and according to both state and federal laws, nothing you mention is free. If you don't get the proper licensing, just don't get caught.
In my state, even selling used crap at flea markets requires a special tax license. I don't know what it's called or what it costs, but it's not free.
EIN numbers are issued by the federal govenrment and have no cost.
Reale licenses, cost $25 in my state, I'm sure that cost makes sure that only the rich start businesses.
Furthermore, most income, can simply be reported on personal income tax returns.. As a DBA.. There isnt a need to obtain a lot of licenses provided you claim the income.
this is one of the tired old slogans of the right - 'start your own business' - used as a kind of master play to support the suppression of wages.
OK, well let's get rid of the regulations first and I"ll be happy (happier than working MacD's anyway), to sell Cd's, t-shirts etc.. on the street corner.
Doubt that would go down too well though.
So how can we have it both ways?
Maybe the numbers have changed, but for many years, decades, the statistic often quoted by the U.S. Chamber of Commerce was that more than 50% of all small business start-ups failed, in a relatively short time period. I've a lot of respect for people who sink their own, and others', money into businesses. It takes guts. And, yes, small businesses are the true backbone of commerce in the USA. But accomplishing that success is easier said than done.
You can't have it both ways unless you adjust your attitude first. Maybe "start your own business" is a tired slogan for you, but that is exactly what I did back in 1974. I didn't have a bunch of money saved up to do it either, but it does take lots of hard work, and that is where many people fail.
Don't know where you live. Where I live, back in '74, there were no regs preventing you from starting a business AT HOME. Today, the regulations say "NO BUSINESS IN A RESIDENTIAL AREA". That means, in order to start a business today, you need to have the money to rent/buy a commercial property, then also have the funds to keep it while you prove your product and build up a customer base.
Back in '74, and earlier, companies like HP, Tektronics, Apple, and a few others, started out AT HOME, in the garage. So, today, come up with a new concept, develop it, and get a business started from a commercial location. Go ahead and try it.
What I could have started for $1,000.00 in 1974, will now cost me $200,000.00+, just to get started with the development. Once off the ground and running, it could be on a par with General Dynamics, but get it started. I've butted heads with enough regulations (and how much work I put into it makes absolutely no difference with the regulations) that it's just not going to happen.
Stick to being someone else's employee because it sounds like you just don't have what it takes to start your own business.
One can't spend a large portion of every day starting threads on the C-D forums and start a successful business. The OP has several threads on the first page of C-D and averages of over 13 posts per day since the join date. That's a lot of wasted time,...even for a whiner.
No, tax numbers are NOT free. Not in my state. Sales tax numbers cost money.
If done legally and according to both state and federal laws, nothing you mention is free. If you don't get the proper licensing, just don't get caught.
In my state, even selling used crap at flea markets requires a special tax license. I don't know what it's called or what it costs, but it's not free.
Sales Tax permit in Texas is free.
If you want to sell at a flea market that's about all you need plus the charge for a spot.
Maybe the numbers have changed, but for many years, decades, the statistic often quoted by the U.S. Chamber of Commerce was that more than 50% of all small business start-ups failed, in a relatively short time period. I've a lot of respect for people who sink their own, and others', money into businesses. It takes guts. And, yes, small businesses are the true backbone of commerce in the USA. But accomplishing that success is easier said than done.
But they didn't build that. Someone else did right? Right?
It wasn't their guts and risk, it was someone else.
Maybe the numbers have changed, but for many years, decades, the statistic often quoted by the U.S. Chamber of Commerce was that more than 50% of all small business start-ups failed, in a relatively short time period. I've a lot of respect for people who sink their own, and others', money into businesses. It takes guts. And, yes, small businesses are the true backbone of commerce in the USA. But accomplishing that success is easier said than done.
Start up require one thing: research, research, and more research. It's the biggest reason why businesses initially fail, because they didn't do their homework.
If you don't mind my asking, what kind of business did you start?
I'm not being sarcastic, just genuinely curious and think its great that you started one with such limited funds.
It's a service business in the trucking industry. I can't go into more detail without risking my anonymity.
We started it in a spare bedroom. We now have over 1500 square feet of office space and multiple employees, and all of this growth has been in spite of the economy - we started up about two months before the crash.
Has it been easy? No. But it beats the pants off of working for someone else.
Hey Kenny - I'm still waiting for you to cite the specific laws that are holding you back from realizing your dream.
Or should we just assume at this point that you're full of crap, as usual?
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