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  1. Do I understand correctly - you are splitting...

    Do I understand correctly - you are splitting gross profits from the non-auto side 50/50, he takes his half out, but you re-invest your half in the business? On the surface that sounds like he is...
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    Brief video regarding OP - commentator seems to...

    Brief video regarding OP - commentator seems to be saying that consumer confidence won't return until hiring improves in a meaningful way:...
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    I think the housing market will be down and out...

    I think the housing market will be down and out for many more years due to the inventory (including shadow inventory) of unsold homes, the extensive number of underwater mortgages, banks being...
  4. Don't know about cell phone calling while...

    i do ALL my calls while driving....i call it Multitasking.....i actually hold all my calls until i get behind the wheel....im probably on the phone at least 50% of the time while driving....at my...
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    Interesting infographic

    A pretty good "30,000 foot" perspective: Search Engine Complexity Illustrated!
  6. I agree, insurance companies and parents are the...

    What you need to ask yourself is what businesses will benefit from the proliferation of your application. ....
    Your only logical targets are in my mind are auto insurance companies.

    I agree,...
  7. The first thing your website says is “Run this...

    The first thing your website says is “Run this app...and we'll send you cash, prizes, and more!!” But that isn't true, all you're going to give people is a chance to win cash, prizes, and more.
    ...
  8. Central to any B2B marketing strategy is the...

    Central to any B2B marketing strategy is the quality of the product/service you offer as well as the value of it's benefit to prospective customers. After considering your business model and...
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    Wow, finally someone who can probably understand...

    ...My job was to find all the old assets so they could be deleted from the asset lists ... Most of the time it was an executive I was having to visit. These executives did not appreciate a fixed...
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    Dan Furman makes good points about the return (or...

    Dan Furman makes good points about the return (or lack thereof) on the labor component of production for sale. But hey - you're a teacher!! What about teaching occasional classes at some of the...
  11. Well dang it, now I have to ask - does the "B" in...

    Holy BS Batman.

    Well dang it, now I have to ask - does the "B" in "BS" stand for "Bull" or "Bat"? Or is it reader's choice?
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    Are there any interesting/marketable products...

    Are there any interesting/marketable products uniquely available from where you are that you could sell to the rest of America? (e.g. nature based, or artisan based, etc.)
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    I second Evan's recommendation to sit down with...

    I second Evan's recommendation to sit down with your CPA, and as he says, specific advice will depend on the specifics and particulars of your situation.



    I'm don't really understand the whole...
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    I answered, but does the asterisk next to...

    I answered, but does the asterisk next to question 1 refer to something (or signify something)?
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    Looks like a great product. I've only bought one...

    Looks like a great product. I've only bought one candle in my life, but I'd buy a cinnamon roll just to check it out. I think these would also be great gifts.

    Regarding taxpayer ID, you already...
  16. In terms of the competitive advantage you will...

    In terms of the competitive advantage you will have over your competitors, you say you will offer a broader selection of lures. I know diddly about the fishing lure industry, but my spidey sense...
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    I guess the key to that is "as applicable" - I...

    In Texas, there may be no income tax; however, there is a franchise tax for businesses, and that will need to be paid (as applicable).
    I guess the key to that is "as applicable" - I don't think the...
  18. I'm not a CPA and a very brief consult with one...

    I'm not a CPA and a very brief consult with one would be a good idea but I think you are in good shape. You can gift up to $13,000 per year to somebody without incurring gift tax (or reporting it to...
  19. I wouldn't monkey with his check - although it...

    I wouldn't monkey with his check - although it sounds logical, that can cause you a lot of headaches that you don't want. Keep in mind one thing - a leader cannot be effective if he/she tolerates...
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    In theory the right person at the top would spark...

    In theory the right person at the top would spark economic growth, but not because of popular psychology/confidence, in fact just the opposite – they would promote growth by making hard decisions...
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    Here's my experience with Walmart last week -- I...

    Here's my experience with Walmart last week -- I found an item that normally retails for $56 on sale on their web site for $45, and Amazon was offering it for the same price with free shipping. I...
  22. A little more info would help - your handle is...

    A little more info would help - your handle is "scorp", is your business set up as an s-corp? LLC? Sole proprietorship? How much would you (conservatively) say that the assets you want to gift are...
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    If you do go the LLC route, I would love to know...

    If you do go the LLC route, I would love to know how you worked out the mortgage "wrinkle" ArcSine mentioned.

    Just a couple of notes:

    - You will need a landlord policy which is more expensive...
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    OP was 2 months ago, but if you are still...

    OP was 2 months ago, but if you are still pondering what to do with excess cash I agree with the options ArcSine mentioned. I would look at any long term liabilities first to either pay them down,...
  25. Establishing a 501(c)3 nonprofit is not worth the...

    Establishing a 501(c)3 nonprofit is not worth the admin time, energy, hassle, etc. for a venture the size of what you want to do. The best option for smaller nonprofit ventures like yours is to team...
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