vb.net barcode generator free 2: Establishing Your Identity: Your Mission and Your Web Presence in Software

Printing QR Code in Software 2: Establishing Your Identity: Your Mission and Your Web Presence

CHAPTER 2: Establishing Your Identity: Your Mission and Your Web Presence
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When the Thiens started doing business, they were advised to incorporate. Establishing your own personal identity as a businessperson is only part of setting up an online store. You also need to establish your company s identity. Why If you incorporate or create a business entity called a Limited Liability Company (LLC), you achieve some protection in case customers take legal action against you. Even if you only designate your company as a simpler entity called a sole proprietorship, doing so enables you to comply with your state s regulations for doing business. Shiana.com s eBay User ID (shianallc) indicates that it is a limited liability company. As Pam Thien explains, We only registered as Shiana LLC because we needed to be able to accept credit cards for international transactions and the Thai banks had nothing like that available at the time. So a friend in the U.S. recommended that we incorporate in Delaware hence our present company name.
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Many companies incorporate in the state of Delaware to take advantage of the state s well-developed set of statutory and judicial laws. The legal system helps companies plan their activities so as to avoid lawsuits. Find out more at http://www.delawareintercorp.com/why.htm.
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10 presents more examples about ways to market your goods and services to your ongoing customers.
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Promoting a Business Ethic: National Powersports Distributors
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Nathan Sanel didn t start his eBay business with the idea that he was going to become a Titanium-level PowerSeller. In fact, he had no idea what would happen when he started out selling a few motorcycles in late 2001, facing the impending loss of his job. He did have a strong desire to create a business that reflected what he calls his own core philosophy an honest, ethical organization. It s the ethics. It s not the money. If you build a business that has a strong core belief, and that belief is solid, the money will follow. It didn t matter that I decided to sell motorcycles tiddlywinks, he says simply. It s the chance to build a business I believe in. Nathan, who is now 36 years old, seized his chance in late 2001, just after the September 11 terrorist attacks. Like many people, he was planning
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for his family s future by investing in mutual funds. At the time, he was working for a high-tech company, which was having problems due to the downturn in the economy that had started earlier that year. I would put $500 every month in Roth IRAs and mutual funds, he explained. At the time, mutual funds were tanking. After September 11, I decided to invest a lot of money because the market was at rock bottom. When the economy got better I realized that if things kept going this way, we might break even at the end of the year. I thought, this doesn t make sense. Investing was supposed to produce a return, not leave me at even.
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National Powersports Distributors
Nathan Sanel http://stores.ebay.com/The-Collectable-Trader
Web site Sells
Motorcycles, all-terrain vehicles
On eBay, We Can Make a Substantial Return on Our Investment
Rather than hoping to break even or achieve at best a 10 percent return on his investment, he decided to try eBay. One day I said to my wife Amy, I m going to buy a motorcycle for the $500, and then sell it on eBay, and we ll see what happens. It sold for much more than the 10 percent return we were hoping to get with our mutual funds maybe $700 or so. I said to Amy, if we make $200 on each sale, and we do that five times a year, think about the ROI (return on investment). We can do something substantial with that money. After a few weeks, Nathan had sold a few motorcycles on eBay. He was beginning to realize that he could turn this activity into a regular source of income. He received a big push in the direction of starting an eBay business when his boss announced, that Thanksgiving, that his company was going bankrupt. By year s end, Nathan would be out of work anyway. They had long ago decided that Amy would stay home and raise their children as one of their life goals. They had no safety net. They had no alternative, either. Nathan decided that he was not going to look for a job; he was going to follow one of his long-standing dreams to start his own business. Nathan soon realized that selling on eBay was more exciting and rewarding than any line of work he had ever done before. It turns out that if there is any place to sell motorcycles in the winter, it s on eBay. It was exciting.
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