Monday, May 12, 2008

Do I need a small business lisence to fix computers in my home for a fee? -

I wasn t sure whether to try to find a legal section or put it here, but the topic is business. So here goes.I m 16 and am very experienced with computers. I m currently in my first year at college and am very confident in my ability. I ve made a few house calls setting up networks and fixing computers packed with viruses. I d like to put an ad in the paper and make a little money with it. (Foodservice jobs suck! XD)Do I need a small business license or something? I didn t even think of it until I realized that I could make quite a bit of profit (for a teenager) and that I ll probably have to file taxes or something of the sort.The bottom line: Do I need a small business license? Keep in mind I m only 16, so I m still a minor. I don t know if that makes a difference.

yes you do...but for a donation hell no.Example....Scenario 1 (With License). I will charge you 50 for a hard drive installScenario 2 (No license). Give me a 50dl donation for installing the hard drive..

As long as your earnings are below the thresh-hold you don t. You have to check your state laws for the limit.

for tax purposes you will want to file for a LLC

if you re going to do something that you enjoy and may lead to starting, building and owning a successful computer repair business then do it right from the start...1.Create your company name.2.Register your name.3.Form your business structure; Sole Proprietorship.4.Obtain your business/occupational license (if needed by your county).5.Obtain your resellers license (sales tax license) which most states allow at age 16...if not then have one of your parents get their tax id, sales tax license and you make it look like you work for them...6.Get signed up with the distributors in order to have access to hardware and software at wholesale.-you need a website...every business needs a website...7.Choose your domain name.8.Register your domain name9.Choose a webhost provider and a hosting plan.10.Choose your web development software.11.Start building your website.12.Set up your merchant account or paypal account or have your parents set it up for you.13.Complete your website.14.Promote, market and advertise your website and services locally and online as well to establish a presence.. many people use google more than they use their yellowpages.15.Then wait for the order to start rollin in.Of course it s not that simple but it can be if you just take it one step at a time. Write a simple step-by-step business plan just as you see here. Then follow each step and then scratch it off of your list as you complete it. Before you know it you ll be needing to hire more help. Hope this helps...

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