Starting an Online business... Share tips...

[RicoShay]

Hey all...

Please share tips and advise on starting an online company. From the very basic stuff to the more advanced - post your experience/ideas.

As for the company... lets say it offers services and doesn't really sell a physical product. Ok, even better... lets say its something like ebay (but a very small scale... and err.. different lol).

What are the things one should think about and do to prepare and successfully open an online company?

Share what you know about opening a company, getting registered, tax stuff, getting TM's - getting professionally written TOS - other ways to protect the company / brand - planning etc.


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note. yes this will help me a lot - btw. sorry if this is in the wrong section?! i thought this
would be the best place for this discussion, but if not, then please do move it somewhere
appropriate and accept my apology

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[-REECE-]

Get a good lawyer + accountant to look over your business plan, advise you on which legal entity will best serve your needs, and help you draft up a professional TOS.

Start-up costs might be high doing it the right way (with a lawyer and an accountant), however they'll be a lot higher down the road if you don't set it up right and something goes wrong.

That's all you really need. I incorporated my business earlier this year -- it's really not very hard to do (I did the paperwork myself), however it's still best to consult with someone who knows all the legal stuff.

Hey all...

Please share tips and advise on starting an online company. From the very basic stuff to the more advanced - post your experience/ideas.

As for the company... lets say it offers services and doesn't really sell a physical product. Ok, even better... lets say its something like ebay (but a very small scale... and err.. different lol).

What are the things one should think about and do to prepare and successfully open an online company?

Share what you know about opening a company, getting registered, tax stuff, getting TM's - getting professionally written TOS - other ways to protect the company / brand - planning etc.


--------------------------------------------------------------------------

note. yes this will help me a lot - btw. sorry if this is in the wrong section?! i thought this
would be the best place for this discussion, but if not, then please do move it somewhere
appropriate and accept my apology

--------------------------------------------------------------------------

 

[RicoShay]

Hi Reece, thanks for the tips. We have an accountant, need to find a lawyer as well. Appreciate the advise.

What are the costs of getting a TM? I'm thinking its quite high right? Is there alternatives / cheaper way to protect a brand to start with?

 

[-REECE-]

Hi mate,

I believe you're from London if my whoising of your domains is correct? If so, this should help answer questions about TMs: http://www.ipo.gov.uk/tm.htm .

Hi Reece, thanks for the tips. We have an accountant, need to find a lawyer as well. Appreciate the advise.

What are the costs of getting a TM? I'm thinking its quite high right? Is there alternatives / cheaper way to protect a brand to start with?

 

[RicoShay]

Yes Sherlock... I'm in London lol... thanks for that link - taking a look at it now.

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Ah yes, just had a look at that. Appears it will be a lot cheaper than I anticipated. Well, I've got a lot of reading / research to do. Thanks once again for the help Reece. Much appreciated.