Your Questions About Doing Business Online
Jenny asks…
How come nigerians have to talk so much when doing business online? That makes me Fustrated. No need for all t
Jere answers:
They are scammers, duh.
Laura asks…
Do you need a business license to have a home based online business?
What are some reasons that you need a business license for an online business? Are you required to have one in Los Angeles, CA if you have a seller’s permit and are going to be doing all your business online on your own website?
Jere answers:
Since the internet is not regulated by any one state or country a business license is not required to have a exclusively internet based business, however many people who run internet based businesses will get a license to apply for a DBA which will give them access to many services only available to businesses most importantly the ability to setup their own merchant account and take credit cards payments without the use of third parties. Still others might setup S-Corps or an LLC simply for the tax benefits when they start making a decent amount of money through their business. The choice is really yours if you want to get a business license.
Ken asks…
What type of business should I start online?
I’d like to get everybody’s opinion, for I’m not sure what type of business would be best. Personally, I started my business online in Donald Trump’s company. It’s a network marketing company, and I love what I’m doing. However, I’m wondering what you think is the best!
Jere answers:
You need to find your passion what you enjoy doing the most and do it, if you do something you like it will be fun not a job about business is the same
Maria asks…
Do I need to register an online business with the federal government?
I’ve been doing some small scale business online offering graphic design for the past couple of years. Are the tax laws the same for an online service as a regular small business? I make way less than 10,000 a year.
Jere answers:
All you need to do is report the earnings on your Taxes THAT IS ALL.
Sandy asks…
How many small business online retailers are there in the US?
I am doing market research to see the potential market for our online business services which caters to online small business retailers.
Jere answers:
Millions
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