Your Questions About How To Do Share Business Online
George asks…
Where can I find business partner online for startup in India?
I have all things ready for my startup .I need a partner so that I can share a part of responsibilities with my partner.I have my domain name and hosting server registered.
Jere answers:
Go to internet business forums like digitalpoint or v7n and you’ll find a lot of partners worldwide.
Maria asks…
What are the laws for underage kids that start their own profitable business?
Say you have 10 year olds starting their own business whether it be online or offline and they profit $1000-2000+/month.
What are the laws/issues with this?
Jere answers:
As others have pointed out, there are no laws specifically prohibiting this, but no one will enter into any contracts with minors unless there is an adult guardian/officer who will accept the responsibility.
You see, minors are not legally bound to a contract because they are considered to lack the ability to fully understand the consequences. I know, most adults don’t fully understand the consequences, either, but the law magically makes you an adult at 18.
So, depending on the industry (and subsequent liabilities) you may want to form a separate legal organization (LLC or corporation) with an adult as Director on the Board of Directors. This makes the adult an officer who can sign contracts on behalf of the company.
Also, since you mentioned multiple children, you want to make sure you have some agreement in place regarding the responsibilities of each and their respective shares in the company. A partnership defaults to equal shares if there is no agreement in place.v
Steven asks…
Ebay – Can a seller share his account details with another company member?
I already own an online business however I was wondering that if I registered as a business on ebay, could my customer service representative share my business account or is there another (free) way to do it?
Thanks in advance.
Jere answers:
No one else can see your account.
Nancy asks…
Where and how to buy a share in an already running business online.?
Anybody know where on internet to get a share in an already running business? I’m a college student having no time to have my own business but at the same time I don’t want to keep my inherited money useless. And surely I may not have experience in any sort of business. So searching for an online mean to invest my money in a business.
Jere answers:
I’ll take your money and buy you some yahoo shares, just send me your account information.
Obviously, you shouldn’t do that because you have no idea who I am. You should not be asking how to invest here, you should sit down with a live human being (probably a banker and maybe an accountant) and figure out your strategy.
Robert asks…
Where and how to buy a share in an already running business online.?
Anybody know where on internet to get a share in an already running business? I’m a college student having no time to have my own business but at the same time I don’t want to keep my inherited money useless. And surely I may not have experience in any sort of business. So searching for an online mean to invest my money in a business.
Jere answers:
You can open an account from a discount broker such as scottrade and buy online any number shares of most any company for a broker fee of about $7 per order.
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