Archived threads in /biz/ - Business & Finance - 6617. page

>>1520881
>tl;dr is there someone who gets paid to meet with current / future business owners to assist in creating a business plan and if so what is that called

>>1520881
I did this.
I bought a two-person cleaning company and turned it into a little janitorial empire.

going from self-employment to business owner is a pretty easy step.

the problem you're going to have is competition though. For example, my local phone book lists 5 janitorial companies and close to 100 general contractors. It's not an easy biz to make it big in, mostly because of people like your dad.

if you have any specific questions about growing companies I'll be back in about 10 hours.

but all I did was drop my rates 20%, aggressively bid on large contracts, and took on a lot more work than one person can do alone. Mostly commercial and government jobs.

then when I had my big contracts in hand I started hiring people to do the work and looking for more big jobs to bid on.

>>1520882
it's a mentor.

a lot of business owners will coach you for free.

gb2 /pol/ commie scum

>>1520857
It was good when we were ok the gold standard and the Jews weren't in control.

>>1520857
kikes ended that in 1945.

You don't. Dumbass. There's a reason it's a side hustle. Pay him a fair wage and call it a day.

>>1520777
there's 2 distinct options.

first is hire him as an employee. you'll need to get liability insurance for yourself and workman's comp insurance for him. See your insurance agent for advice. Then get on the IRS website and find the forms for withholding and depositing taxes for yourself and your employee. The amount is large, you pay as much taxes on his income as he does. From there you just follow the IRS instructions and make tax payments and deposits on time.

the second method is to hire him as a subcontractor. Get a workman's comp waiver signed by him and if possible get both of you liability insurance. He handles his own taxes, you report how much you paid him via a 1099 form each year. He's free to also find clients on his own and work for other people including your competitors. He is technically your competitor as well, you're just hiring him.

In general you'll make far more money hiring him as an employee, for example you might charge your clients equal to $125/hour while paying him $12/hour with about $30/hour going directly to his taxes and insurance. So you've got perhaps $83/hour to pay your costs and salary, most of which will go to taxes because of the self-employment tax.

however people that have their own truck and equipment know that their time is worth $125/hour so you may have trouble talking him into working for less. But if you work him as a subcontractor your cut will be much smaller. Perhaps you'll pay him $100/hour and you'll make $25/hour off his work, most of which will still go to taxes. So in that case you need to find a lot more work to break even, which means a lot more subcontractors. Which is fine.

that's what I usually do, work my crew as subcontractors making $100/hour. But I also do millions of dollars a year in sales just to make maybe $100k myself. Most of which goes to taxes because the self-employment tax roughly doubles my tax rate.

>>1520814
would you suggest that i pay him under the table? this is just gonna be lining my pockets with a lil extra money

Unless you're going pharma, yes.

No. Finance is though.

>>1520754
>trying to bait sharks with a plankton

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>>1520541

>>1520542
>Japan = USA

>>1520546
By the stock market people generally refer to the US

Yes but it is kind of a barelt visible path as you can only use technical analysis

>>1520523
Fill gaps. Profit.

>>1520525
i thought technical analysis was a crock of shit

>>1520526
what does fill gaps mean

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>>1520501


>Credit union forgets to cancel monthly transfer I requested
>Wells Fargo account gets hit with overdraft 3 times
>Union refunds me all fees without complaining
>Call Wells Fargo
>Baw about not being able to pay fees
>They remove too
>Free $100 ^_^

What's so good about credit unions OP? They've always been a mystery to me.

What are they for, low interest long term loans or something?

>>1520505


>Low interest loans

Pretty much this bro bro ski

They give out sub prime car loans like water
Or will give you large unsecured loans if you can prove your worthy


Regular banks make it way harder to get anything & usually won't even look at your large pay stubs

Same here
Only I'm 27 and have an another Biblical name
Oh, and I'm not a perfect worker, I'm actually pretty lazy
And I also accept Bitcoin

I'm a harder worker than both of these guys. I'm motivated, too. I do have a record for stealing from the last company I worked for, but went to court ordered rehab, pretty sure I have my crack habit beat.

On Step 9. In any case, I'm looking for work.

HMU.

I'm a harder worker than all three of these guys.

My last job was in a meth lab, but I had to leave due to creative differences.

I accept bitcoin and XMR.

HMU.

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No cause now it'll look like you copied him...
UNLESS...
Rock solid proof you were working on yours first...
UNLESS...
He happened to start his first.

It's a gamble. Up2u
>mfw this has happened numerous times to me

>>1520445

there are many apps offering the same features, but there is often a huge difference in the number of downloads, so id say you can still make it

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>>1520452

> it'll look like you copied
That doesn't matter

I'm generally worried that they might actually have some funds for advertisement this time and will go big before me. If it stays the way it is now it shouldn't be a problem since nobody will hear about the app.

> Rock solid proof you were working on yours first...

why does that matter?

>>1520421

This is an insane story and I don't believe it. The only was it'd be plausible would be if you were a girl and Daddy was having sex with you and thus didn't want you to become independent.

>>1520421
Join the military.

>>1520425
I'm male, and I'm pretty sure my Dad is using my identity and that's why he doesn't want me to grow up and move out on my own, only to find out I owe every utility company thousands of dollars. I saw an electric bill with my name on the billing address.

>>1520426
I tried. Got denied. I only have a GED, and 8/10 people with a high school diploma get rejected. I had no hope. It's not something that anybody can just sign up for and get hired.

>>1520406
yeah most successful people like this are born with a gift for abstract thought that allows them to come up with solutions to problems that have not been thought of before.

you can train yourself to think outside the box and solve problems more. google "improving abstract thought/reasoning" you should find some stuff.

you can be successful by practicing and working for it, but for most they were just gifted with a high functioning brain.

>>1520417
What a shitty misfortune. Ah, well.

>>1520442
I suspect 2facedbook and IBM's handoff of DOS to Bill are much larger than one person. In fact I suspect many of these schemes are hatched in spooky covert think tanks along with the manufacture of nitwit philanthropists to play proxy with. Who knows, they may even believe they are the ones with great fortune and really did spawn these massive machinations oblivious to the hidden hands all around them? The perfect idiots.

What insider info do you have? If I buy now and wait till morning to sell will I be good? Are you bullshitting?

FOMO for fucking what?

>>1520618
The FOMO is strong with this one

>>1520346
Qtrade, td waterhouse or IB are solid.

Questrade isn't bad either, one of the best

>>1520351
Thanks for the suggestions, I'll take a look at them! Been reading good things about Qtrade everywhere but I tend not to trust all opinions from finance blogs xD

Also I'd like to add: I don't want any suggestions with "non activity fees" or misc fees like that.

>>1520316

So is this the best movie of all time or what?

>>1520347
It's really solid. Personally I love it. I feel like it also portrays white collar life (at least in that time) pretty well.

>>1520316
Those numbers looks like shit.

Because I'm a guy.

If I was anot average looking girl I could be raking in millions right now from twitch, chaturbate, and YouTube alone.

Feels bad man.

>>1520289
Because it's fucking demeaning to you as a man and it's terrible money

I don't want to give those websites my real info. I also don't want to show my face to a bunch of weirdos.

(I'm a guy btw ;))