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Basically, any money you put into the business with personal funds is a loan into the business to be paid back. Lets say you put in $10. At the end of the year you profit $100 dollars. That $100 goes back to you as owner, however only $90 of it is considered taxable money since the 10 is just a p...

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Raising capital and funding for a business, especially in the early stages like pre-seed and seed rounds, can be challenging, but there are several strategies you can consider to secure funding for your dance and production company without relying on personal credit. Here are some options to expl...

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The downside is if you ever decide to sell the company, it's something out of your hands with your name on it. Jimmy Choo doesn't own his own brand anymore, neither does John McAfee of McAfee Antivirus. Simple conclusion - don't brand it to your name if you ever intend to sell the company.

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Wa alaikum assalam. In Islamic principles, working in a technical capacity for financial institutions such as Capitol One or Visa, as you mentioned, is generally permissible as long as the job responsibilities do not involve engaging in haram (forbidden) activities. Here are some key consideratio...

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One approach would be to (1) Create a website from which your product can be purchased and downloaded; (2) Enable easy social sharing from the website so that happy customers multiply at no cost to you; (3) Market that site through PPC campaigns, targeting relevant search verticals. Basica...

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Applying for a Tax ID (EIN) is pretty simple and can be done online during the week by visiting: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-%28EIN%29-Online Doing so will enable you not to have to use your social security number whe...

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I worked with a guy, who was with SKY news for 18 years, and we did a great transition for him into coaching. We discussed his strengths and weaknesses. We looked into what his passion was and created a purpose for it. I would want to work with you on who you want to serve and why. If you have an...

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Option #1 (recommended): Use https://www.voiq.com/ and skip hiring someone. Option #2: Hire an SDR (right out of college, ex-athlete): and pay them an hourly rate as a consultant (3 month trial period). Pay them upon deals closing (commission % - the % will depend on your margins and the the ...

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The job description of your ideal person is pretty vague. You've told us about YOUR background, and some of your marketing tools, but we don't know a thing about what you're looking for. -A Killer -Startup Experience -Industry Contacts -Act with Urgency But who are you looking for?

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Well, the most basic answer is that you could look for certifications. However, that only takes you so far. Any PPC professional worth his/her salt also has experience with PPC management software (Kenshoo, Marin, Acquisio), etc. Ask what experience they have and what they like dislike. I hav...

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