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There are still some major operations details up in the air: # I’ve talked to one bank about business banking, checking, credit cards, and so on, but need to c
by teoruiz 17y ago
There are still some major operations details up in the air:
# I’ve talked to one bank about business banking, checking, credit cards, and so on, but need to check out a few more.
# Accounting system: This is a big question. Quickbooks? An online system like Outright or Freshbooks? I need to talk to an accountant first.
# Final decision on legal structure (LLC vs. LLC taxed-as-S-corp vs. S-corp) and registration with the IRS, the state, and so on.
# Benefits planning (health insurance, 401k) and thinking about future tax implications.
# Various legal questions I’m working through.
Respectfully, those are the difficult things. We "all" know how to set up Google Apps for your Domain.
- standsi 17y agoCertainly, I agree (I'm the author of the linked blog, I didn't even realize someone had posted it here). Those are all things I'm working on in parallel and want to be more careful to take some time to do right, so I've been talking to a number of people I know who've started businesses to get their feedback. What impressed me was that it's so easy and fast (compared to, say, 7 years ago when I last did consulting) to set up all of the medium-priority operational items on the cloud, without committing to long-term contracts or needing to buy server hardware or install my own software. And while I'm sure everyone in the audience of this site knows all about Google Apps and so on, I still meet many small businesses who think Outlook, Exchange, Quickbooks, a dedicated phone system, and an office lease is "the way" you have to start a business.