So i'm finally getting ready to start my business. I don't want to use my real name, though. I want keep my personal and business relations separate.
I've found out the best way to do this is to setup a DBA for my "pen name" to redirect to my real name and SSN. Judging from what I see, however,it only applies to businesses itself, and not individuals. Many sites say it could be done, but i'm having trouble finding how I can do it in my state (NYC).
So how do you think I should do it, /biz/? Do you think I should do it? Would it, perhaps, severe ties with people if I were to ever use my real name? Have any of you done it?
>>1649571
I'm a DBA.
all you do is get your business license in your business name. Business checking account in your business name, insurance in your business name, business cards in your business name, advertising in your business name, etc.
then when you need to report income for taxes you just give clients the full legal name and ssn. E.g., "Bob Smith dba BobbyJohn's Fellatio Services."
the IRS doesn't care what your business name is, so you actually just pay taxes by filing a Schedule C with your real name and SSN, deducting whatever biz expenses you had.
Other than that it doesn't really matter. Most businesses in the US are sole proprietorships, not corporations. Most of those are DBA's. Business types will know you're a DBA just because there's no "LLC" or "Inc" or whatever after your biz name.
The only real benefit gained from having a DBA aside from your business name being cooler than your real name is it's relatively easy to transfer or sell the thing. Today you may own your business, but if you want to sell it all you have to do is sign the checking account over to someone else and they go get a license in your former business name and it's a done deal.
>>1649571
>it only applies to businesses itself, and not individuals
legally the individual IS the business when there's only one owner.
so a DBA is usually erected by an individual, not a parent company. Not always, just that's the most common situation. A single individual doing business in a different name.
Think of it like this,
You can do business as yourself (your social security number) or you can create an entity like an LLC(tax ID number).
You can file for a fictitious name("Doing business as") for either.
You will not have any protection without an LLC or Corp.
So apparently you cant FBA in Amazon anymore.
How do I make money on the internet without having to buy and store actual crap and bother with customer service?
>>1649444
>you cant FBA in Amazon anymore
You fucking what, mate? That's like 2/3 of their business.
>>1649446
https://www.youtube.com/watch?v=mch7xI1be00
Note, I dont even know how this works, im researching it. I have made 2000$ with my jewtube channel in 2 years, that's all the money i've ever made online.
I need internet revenue
How do you start a small business?
What are the basics/logistics?
>>1649426
In the US you go start selling products or services and then go to your local government and purchase a business license. You may also need to talk to your insurance agent about buying some liability insurance. If you have assets that could be lost in a bankruptcy (most of you don't) then you may want to incorporate as an LLC. Then you keep records of your transactions and do your taxes at the end of the year.
if you want to employ people you also need to get workman's comp insurance on them, and make your quarterly contributions of their withholding taxes and your share of their FICA taxes. This requires first getting an EIN from the IRS.
>>1649435
That sounds doable. Anything else to know?
>>1650589
Don't use LegalZoom. There's plenty of businesses out there that try to fuck over small business owners with legalese and finances. Just get a lawyer to file your business license shit for you, and find an accountant for part time shits. No need to go with big firms that nickle and dime you.
Let's play a game.
Age - 20
Investments - ~20k
>>1649407
Age - 38
Investments ~$4 million
>>1649447
Age - 56
Investments - ~160 millions
>>1649407
Age - 25
Investments - $0
Currently taking a break from swing and day trading
How can /biz/ take advantage of all the soon-to-be-unemployed wagecucks?
>In a column in The Guardian, the world-famous physicist wrote that "the automation of factories has already decimated jobs in traditional manufacturing, and the rise of artificial intelligence is likely to extend this job destruction deep into the middle classes, with only the most caring, creative or supervisory roles remaining." The fear is that while artificial intelligence will bring radical increases in efficiency in industry, for ordinary people this will translate into unemployment and uncertainty, as their human jobs are replaced by machines. Automation will, "in turn will accelerate the already widening economic inequality around the world," Hawking wrote. "The internet and the platforms that it makes possible allow very small groups of individuals to make enormous profits while employing very few people. This is inevitable, it is progress, but it is also socially destructive." "We are living in a world of widening, not diminishing, financial inequality, in which many people can see not just their standard of living, but their ability to earn a living at all, disappearing.
www.businessinsider.com/stephen-hawking-ai-automation-middle-class-jobs-most-dangerous-moment-humanity-2016-12
www.theguardian.com/commentisfree/2016/dec/01/stephen-hawking-dangerous-time-planet-inequality
>>1649384
Why the fuck should I pay heed to the opinion of a astrophysicist/cosmologist on the topics of AI and economics?
>>1649412
he himself is an AI
Give your probability of pic related happening in North America in the next 10 years.
thx
>>1649341
Practically zero. Money printing alone is not sufficient to cause hyperinflation.
If hyperinflation does occur anywhere in North America, it will be Belize or the Bahamas, as they're pegged to the US dollar (and the combination of money printing and a peg to the US dollar can be sufficient to cause hyperinflation). But AFAIK they're not printing too much money.
Buy bitcoin to avoid getting meme'd by fiat.
>>1649341
>another "hyperinflation any day now" thread
how about you textbook loving jerks start looking out the window for starters
Can I buy a gf?
I need a gf, I have 25000 monies, is there any way i can use it to lure a gf?
i know its not much but im 19 and working class
get a nice car. If you're 19 even a cheap used BMW for about 10k will be impressive to some girls.
>>1649197
pls senior i no wan to be mr rodger
nice cars is a meme, it only works if u got a ferrari or something that actually turns heads on the street
i want a gf so i can take her travelling; basically everyone wants to do that, but im one of the few people that have all: youth, time and money to do it but i lack a gf to take with me what a shame
Buy some tech implants and turn yourself into robo chad
Reminder to buy Ethereum right now. It's the lowest it's been in a while and is going to be at $20 by January.
how low is it going to go? I've been waiting patiently :)
I think we're close to the bottom. I'm guessing the bottom is somewhere in the 6 dollar range
>gamblecoin bagholder frantically shilling his coins
>>1649040
Is this how shitcoiners cope?
minorities edition
-- Links --
Stickerbitch's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com
Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/
memechat for redditors and commies
https://discord.gg/5k3sVzC
alternative memechat for poorfags
https://telegram.me/robinhoodgeneral
-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com
> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.
> When is it coming to my country?
Never. They only have "plans" on an Australian beta.
> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS 4CHAN, A PLACE OF POLITENESS AND PROFESSIONALISM!!!
> If the subject says /rhg/ then the OP is a dick licking flaming homosexual
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform. -- (also learn difference between LIMIT and MARKET orders!!!)
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.
>How do I git gud?
Technical analysis-http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
Fundamental Analysis- Martin Shkreli finance lessons on youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator
Old Thread:
>>1647240
Just bought 1k $CERU my niggas
CERU
GEVO HAS BIG THINGS COMING MONDAY
Is this the new coin that is going to moon ? There has been a 40% increase over the past 48 hours and it looks like its just starting.
>>1648587
it's the beginning of a pump. I think xdn will go to 40sat by the end of the week
remember fellas, XDN is the child of XMR
very interesting coin, I will buy some just in case
The depository, under the new Texas law, would give Texans a place to store their gold and other precious metals. But it wouldn’t be just for residents. Financial institutions, cities, school districts, businesses, individuals and countries could do business there as well.
At the depository, Texans will be able to open accounts similar to checking or savings accounts at traditional banks — and monitor them online.
http://www.star-telegram.com/news/politics-government/article104509111.html
Why would you want useless QE printed fiat dollars when you could have something based on real value?
Fiat money is not worthless. And unlike gold, its value is predictable.
>>1648297
>t. mexico, russia, britain, eurozone
Why would I want gold?
Does anyone accept gold as currency?
Can you remind me why the world move away from the gold standard ages ago?
$770
AHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHAAHAHAHAHAHHAHAHAHAHAHHAAHAHAHAHAHHHHHAAAAAAAAAHHHHHHHAHAHAHAHAHHAAAHHHHHHHHAAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHAAHAHAHAHAHHAHAHAHAHAHHAAHAHAHAHAHHHHHAAAAAAAAAHHHHHHHAHAHAHAHAHHAAAHHHHHHHHAAHAHAHA
*deep breath*
AHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHAAHAHAHAHAHHAHAHAHAHAHHAAHAHAHAHAHHHHHAAAAAAAAAHHHHHHHAHAHAHAHAHHAAAHHHHHHHHAAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHAAHAHAHAHAHHAHAHAHAHAHHAAHAHAHAHAHHHHHAAAAAAAAAHHHHHHHAHAHAHAHAHHAAAHHHHHHHHAAHAHAHA
>>1647905
lmao
With a wave of populist infrastructure building via deficit spending, the Trump administration is driving up returns on 20 and 30 year bonds.
This is the same kind of populist spending that got the US into stagflation in the late 70's, will it happen again? Or do we know how to counter it now?
http://www.businessinsider.com/wall-street-worried-trump-1970s-stagflation-2016-11
http://www.marketplace.org/2016/11/10/economy/there-stagflation-our-future
>>1646654
OP here still,
Trade policy seems to be the linchpin. How that gets decided, one way or the other, could have a major impact on the likelihood of stagflation.
nobody?
Why would you buy bonds now if there will be high inflation? Wouldn't it make more sense to buy gold and stocks like Visa?
>Looks at the volume spike
>Percent change
Screenshot this.
>>1646353
Ok dude, but ...
What is XDN and where do I buy it and how is it good???
Volume spike and percent change can mean a lot of things.
does it really surprise any of you cucks. Anything not based on cryptonote isn't private. This shit is part of the xmr family.
>>1646365
How is cryptonote better?
I might try this if you convince me.
So I have a jewelry store, I also repair clocks and do metal (blacksmith) works and other artistic stuff. My business goes really well but I'm considering leaving my country because economic hellhole
How is opening such a business in your countries, anons? Do you need a "degree" (I have none, learned from courses and stuff)? Certifications, etc?
I'm particularly interested in knowing about Italy, Uruguay and Czech Republic as those are my main prefered destinations but any info in Europe or Asia is welcomed
Thanks in advance
Pic unrelated
I live in France, and I can tell you : don't go there. Government is literally stealing workers money.
I am from Mexico, you could work without a degree, you just need to open your place and maybe just because you are french you could make reputation of that wich would give you some advantage over the local clock reparimans and smithers.
About certifications you might need some specially if you are going to make electronic receipts, but they are easy to obtain, otherwise you could just sell your things for cash without problems.
>>1643843
Thanks for the insight.
>>1644262
I'm not french. Sounds good, but I know we aren't liked in Mexico.
Thanks anyway