Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
You get the same tax benefits as a sole proprietor. The issue in setting up a LLC is cost. Depends on the state. In some states it's cheap. In others not so much. In CA it costs $800/year...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Why don't you do an eBook on your plan and sell it as a download for say $49.95, and try to get some testimonials from people that buy it? You can add in extra items to purchase such as email...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Delete
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I think people are just trying to prepare the OP of what is to come. Starting a site and making money from it is not a easy task.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
It's almost on the market, actually. It's a pill that converts one type of fat ("bad fat") to another ("good fat") that promotes metabolism. So it's essentially an exercise pill.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Source?
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
http://www.technologyreview.com/news/426587/discovery-could-lead-to-an-exercise-pill/
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
You don't need a business but if you do bring in alot of money then the extra work to formally make it a business will be beneficial for tax purposes. Legally, I believe if something happens and you...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I hope you have a good marketing plan. The whole "if you build it they will come" doesn't really work well on the internet. Thats why so many merchants sell on platforms like Amazon and ebay and pay...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Unless you train the horse to push the cart instead of pull it... :look:
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
The entrepreneurial support is overwhelming.
OP - if you wan't to be a legit business and respected as such, then do it the right way. Could be as simple as a self-proprietorship and $50 with...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
If there's anything to what you're doing, you need to build a local following first.
Can't put the cart before the horse.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
He may not have asked for anyone opinion, but it could have helped raised issues he has not thought about. He can chose to ignore the advice, or it can raise issues the OP didn't even think of....
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Depends on the business. A sole proprietorship won't provide any protection. You'll need to set up a corporation of some sort, like a LLC or S. Even then, there are no guarantees.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
If this is such a great idea, write an ebook. Give it away for free and when (if) they come to your site you can up-sell them some diet guides, bla blah..
Forming a LLC now is waste of money. It...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
If you can invent a safe pill with no side effects that can get people is shape, sign me up as an investor.
I would suggest before and after pics of your clients. This is a must in the fitness...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Cuban would take a giant dump on his hopes and dreams.
What makes OP thinks a subscription based website will work...if sites like SlickDeals, BodyBuilding.com, Facebook can't even do that? Any of...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I agree.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
a bit off topic but OP should go on shark tank. id love to see that episode :)
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Why would people pay to subscribe?
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
So much free info on the web. What would make your info worth a subscription?
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
And? So? They can and will without doing any of that. I can think of 4-5 ways right off the top of my head.
If you're so concerned with his success (assuming he cares what you think) then maybe...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I didn't ask for your opinion, nor did anyone else. Does that make you a hypocrite?
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Irrelevant. He didn't ask for anyone's opinion.
He asked a straight-forward question and all I'm counting so far is one answer (no) from myself and thelok.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
OP, you can create an LLC in your state easily and cheaply on their website. This will provide tax benefits (any money you put in to business expenses is tax deductible) and it will provide...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
He should get some fatty's to volunter (give them free ebook) and blog about their progress on the wives site and he can comment/make suggestions.
Again, this will fail horribly but maybe some...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I am looking to start a fitness website where people would pay to subscribe and my wife has been looking to get into blogging more and might try to make some money.
Do we need a business to...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I know what to eat to lose fat, and I've come up with a way to figure out someone's metabolism and tailor their diet to their weight/ body composition/ metabolism. Over 6 months I kept my weight...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
I'm going to chime in and also agree. You will put a ton of time in and make very little to nothing in the end. Your fitness site sounds like a dud from the beginning. Your wifes blog could make...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Agreed. The main benefits of a LLC is to protect your personal assets as well as make you look like a legit business to some people.
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
While I'm not a lawyer nor CPA either, it is true that an LLC can provide him protection from personal liability for business related stuff. However, he will still get the same tax benefits from an...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
Yes, we should all keep quiet and let the OP fail before they even start. Nothing lifts the spirit like starting a business and not making a dime.
People like me were simply stating things the OP...
Making money off a website
Expired
Thread created 01-19-2013 by claw9171
+1 Score
32 Replies
3,440 Views
You know what to eat to lose fat? I could tell you that as well for free and it'll work for everyone. Quit the carbs. Burn more calories than you consume every day. Rinse and repeat. Done. :lol: