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Additional info for 55 Surefire Internet Businesses You Can Start for Under $5000
Gov. S. Copyright Office’s website can be found at copyright. gov. The forms you need to file your patents, trademarks, and copyrights, in addition to directions and fees for doing this, can be found on these websites. MONEY MATTERS Setting up a separate business checking account is an important step. Visit several banks and financial institutions to shop around for the one with most services for the lowest fees. Depending on the turnkey website and e-commerce solution you choose, you may also need to obtain a credit card merchant account from a bank or financial institution, which allows you to accept credit and debit card payments online or by telephone.
The main disadvantages of the corporate form can be summed up in two words: taxation and complexity. In what amounts to double taxation, you must pay taxes on both the income the corporation earns and the income you earn as an individual. Along with this, corporations are required to pay an annual tax on all outstanding shares of stock. Given its complexity, a corporation is more difficult and more expensive to start than are the sole proprietorship and the partnership. In order to form a corporation, you must be granted a charter by the state in which your online business is located.
Short names are best; they reduce the chances of misspellings and are easier to remember. 2. Avoid plurals, hyphens, and abbreviations unless they are part of your brand name or the correct spelling of a word. 3. The domain name should be easy to communicate verbally; it should roll off your tongue when you meet people on the street. It should also be memorable so they remember it easily. 4. A domain name should include your brand name and/or keywords that make your product easier for customers to find.
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