Results 1 to 6 of 6

Thread: How to go Legit

  1. #1

    How to go Legit

    Going to be starting two online businesses soon.

    1) I will be selling services

    2) I will be selling products

    What is the best way to go about this while still being legit and staying out of trouble.

    I took a business degree but never learned the how to's on starting a business... Only learned how to manage/market a business.

    Not really sure of the legalities of an online business and what I need to do to make it "Legal"
    comming soon

  2. #2
    In the US this matters more by state than on a federal level.
    Remember though you need to be aware of laws for each state you ship to. While this is next to impossible, you need to try to be aware of them as when you ship acrossed state lines the other state can prosecute you, plus it opens you up to federal issues as well.

    Most states however require at minimum some form of sales ID/certificate, most states also require you to collect sales tax on sales made inside your state, some local communities and counties will require you to collect tax as well.

    Best bet would be to consult your local state commerce department. An accountant would also be highly recommended.

  3. #3
    Damn all this just to sell something...

    I live in MA

    Guess ill start researching

  4. #4
    Really, where in MA? I'm in Quincy.

    MA has tons of laws and it depends on what you want to do. If you are operating your business with your own name, you just need a license from your town and a bank account.

    If you want a company name, but don't want to pay a lot you can do a DBA. You come up with a business name which is something like "My Company d/b/a My Real Name". You go to your town hall and apply for the dba license, then you go to your bank and open a bank account.

    If you want to do a Corporation, LLC, etc. Those are more complicated but provide a lot more benefits if you earn more. For this, you should check out the website, I believe they have some resources to help start your business.

  5. #5
    ^ where DBA means "doing business as"

  6. #6
    sorry, yes, not to be confused with DataBase Administrator

    DBA = doing business as
    LLC = Limited Liability Corporation
    LLP = Limited Liability Partnership
    Corporation can be a couple different kinds depending how it's setup.

Similar Threads

  1. is this seo contest legit?
    By garfish in forum General Chat
    Replies: 3
    Last Post: 26 May, 2011, 20:23 PM
  2. [WTB] Legit RapidShare Account
    By geeknb in forum Marketplace
    Replies: 0
    Last Post: 31 January, 2011, 14:40 PM
  3. [WTS] Rapidshare legit $7
    By andyboii in forum Services
    Replies: 1
    Last Post: 18 December, 2009, 02:45 AM
  4. [WTS] Over 13,500 Legit Emails, Comma-Separated
    By Kontax Marketing in forum Marketplace
    Replies: 0
    Last Post: 18 September, 2009, 05:10 AM
  5. Legit companies
    By FAIZANABBASI in forum Business
    Replies: 0
    Last Post: 18 August, 2009, 19:06 PM

Tags for this Thread


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts