About user5995

Hello,   My wife is contemplating starting a business at home for which she'd be the sole employee. Initially it would start exceedingly small and the profit (if any) would be in the noise of our other income. But it may grow...or fail. Nevertheless, I would like to become knowledgeable about appropriate ways to proceed on all financial matters (taxes, insurance, risk, accounting, and so on). I don't want to go nuts and spend gobs of time setting things up that aren't necessary but I also don't want to ignore things that are important. Can anyone advise resources for such things? Websites or books? Ones particularly geared to those starting small and that advise how to be time efficient would be most welcome.   Please help   I didn't find the right solution from the internet.   Thank you   ... View more

Hello,   We started a small LLC for a women's fashion manufacturing business and I could use a forum for small business questions/advice as I get here on bogleheads for personal finance. Probably very beginner questions about taxes, offsetting profits with expenses, etc. Any suggestions?   Please help   I didn't find the right solution from the internet.    Thank you   ... View more

Hello,   I've been toying with an idea for some time, and I shared it with a good friend of mine who was just as keen and passionate about the idea too, but as we both do not have much entrepreneurship background, I think we should be as prepared as possible before embarking on this journey.  (Sidenote: I'm not from the US so any US-specific advice may not be applicable to me.)  I have many concerns due to my lack of experience, but I'm sure at least some of these concerns can be addressed by having some proper knowledge. Paradoxically the only way to gain this experience is by actually starting a business, so yeah..  Would you guys know of websites/books that would be invaluable for a complete newbie like me?  I know getting a business plan up should be our first step, but I'm struggling with certain aspects of it (market research, etc) at the moment.   Please help   I didn't find the right solution from the internet.    Thank you   ... View more