5 ms·
Please keep in mind that we may not all share the same idea of what a business is, what a meaningful amount of money is and what success looks like. When you r
by state_less 6y ago
Please keep in mind that we may not all share the same idea of what a business is, what a meaningful amount of money is and what success looks like.
When you repeatedly make sales and profit, you’re past the hurdle of not losing money on the operation. It’s a nice milestone on the entrepreneurship journey and worthy of a bit of celebration.
- scrozart 6y agoExactly. By definition, in the US, this is a sole proprietorship and has no hard requirement s for legal filings/business plan/etc.
- mhb 6y agoWhat definition? You can call anything a sole proprietorship. It doesn't ever have to make money.
- OldHand2018 6y ago> we may not all share the same idea of what a business is The IRS has an opinion [1], and its a really good list! Make a copy of it and put a recurring appointment in your calendar to revisit it, think about it, and write down your comments. [1] https://www.irs.gov/faqs/small-business-self-employed-other-business/income-expenses/income-expenses https://www.irs.gov/faqs/small-business-self-employed-other-...