If I start my own website for a business do I need to do anything business wise?
Thinking about starting a website for a business but not sure if I need to file a business name or something.
Hello. You don't have to file for a business name when you first get started creating a website business. When you start making a lot of money per year (15K or more) then you will want to file for a business name. Best thing to do is go and find a webhost and create your business name. You can still claim your business taxes under your social security number and you won't need a Tax Identification number.
Research and decide upon good potential domain names. Buy one or more of them via a Registrar.
Business-wise your domain is a business decision.
Outside of copyrighting your business name and domain there isn't much that you should need to do.
Do you plan on creating an ecommerce site?
If you want to be taken seriously by the world, you need to act like a business, in which case you need a tax ID. You can run a sole-proprietorship on your SSN. There are advantages to keeping your business separate from your personal finances. You would do well to get to the library and pick up some current books on business startups in the field you are choosing. I decided to set up an LLC. It gives me access to a business banking account, business write-offs of expenses, property owned separate from my own in case of lawsuits, etc. It does double my tax work though. Personal and business, but this is the #1 path people go these days once there is money incoming.
Explore your competition. You may or may not need to file. Ask your accountant or someone in the profession. I feel the biggest advantage to creating a name for your business will be the tax write off's. Even if you're not making a profit, the more legit you look to the IRS the easier it is to get those breaks. I guess it could depend on how much you plan to spend to start your business.
In any case, I would go for it and take care of the details along the way.
Best of luck to you!
by Peeples5 years ago
How do I get an email address with my business name at the end?My yahoo and gmail accounts are full and I need a new email. Instead of using a gmail type account where can I find one where it can have my business name...
by rameshbashyam12 months ago
I am looking to start my own business in India, yet to come up with ideas or venture.I am looking to start and run a business on my own. Will gladly welcome ideas and suggestions from this wonderful site. I prefer being...
by Myrko Thum5 years ago
What was the most important step in your personal development?In our personal development there are certain steps when we really make a leap. Those defining moments are the basis to grow as a human being. May it be a...
by raisingcapital8 years ago
You need to have a plan and find the tools to start up. With the days of “having a job for life” firmly behind us now, the online environment is helping to transform initial thoughts of business start up in to a...
by Robert Michael Watson4 years ago
Should I give up on my dreams to own my own business and in my efforts make money online?I have been trying to make money online for what seems like a very long time and I have had minimal or no success. I have...
by Julie24 years ago
Does anyone know how to create their own web page? Is there a site that isn't that expensive that is good to use to create one? Because I am really serious about creating my own but I don't know how.
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.