OK Im starting My Business!!!!!!!! =) =) =) need som last minute advice if the SUN Community would be so kind

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OK Im starting My Business!!!!!!!! =) =) =) need som last minute advice if the SUN Community would be so kind

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EntrepreneurialMex

posts: 24

Dec 27, 2007 2:39 PM ET Quote Report Abuse

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Im starting my advertising business real soon (3 weeks) as a Sole proprietorship im putting up a digital billboard in my town like the ones in vagas time square. I know that i need to fill out forms 1040, Schedule C ,Schedule SE as a Sole P right. and as i understand i only need an EIN if I HAVE employees right.

The vendor that im getting the board from said they get all the sign permits and licenses (that only leave a business license to get from the State right) but its gonna take a couple of weeks for the board to get here. So while it gets here should i try to sell all the ad space before the board gets here if so whats the best way of doing that Direct Mail,Sales calls,Emails ect. What works best

I tried to get my DBA from legal zoom but it said legal zoom cannot prepare my DBA filing.

anyway so any thoughts,advice on starting up and selling or any thing else would be great Thank you

Rebecka

posts: 24

Dec 27, 2007 11:48 PM ET Quote Report Abuse

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You can get an EIN for your business even if you don`t have employees. I recommend this if you are a sole-p to avoid having to give out your SSN.

Most states have online business registration websites. There is no need to pay legal zoom additional fees to use their service. Also, in most states the "DBA" is called a "tradename registration".

You should get your business registered, an EIN and a business bank account set up prior to conducting business.

I don`t know what the best way of marketing your billboard is but I would definitely try to pre-sell the ad space if possible.

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Rebecka Melson | Virtual Business Services | www.vbsofok.com

EntrepreneurialMex

posts: 24

Dec 28, 2007 1:27 AM ET Quote Report Abuse

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Thank you for your advise Rebecka i appreciate it

winston2

posts: 122

Dec 28, 2007 12:12 PM ET Quote Report Abuse

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Most of the information you need to get started you can get from your city business licensing department. It would also help to talk to SCORE in your city.

You need some sort or business plan or action plan to get started. I had a sign co. for years and the best way for me was to cold call on businesses personally. Before you get started you need pricing, contracts, brochures, etc

KJC

posts: 69

Jan 07, 2008 4:05 PM ET Quote Report Abuse

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Your state business website should have some information about getting things going for your new business, so I would check there in addition to the other suggestions.

Also, tt might be too late for this, but why not try to sell ad space prior to the board arriving? Then as soon as it arrives, you just set-it-up, upload your ads, and you are off and running!

daleyfla99

posts: 111

Jan 09, 2008 10:48 PM ET Quote Report Abuse

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Don`t forget local occupational license for your business if you are inside a county or city that also requires them.

Also double check your zoning ordinances where you want to put the board. Would be very bad if you invested in this and then the town/city decides it is a nuisance/distraction/whatever. Make sure YOU do the checking and do not take their word for it that everything is fine. They are the ones who are gone and you are holding the bag.

You should definitely try to presell, do not take money or sign contracts with your advertisers yet. If you do not get a good response to the sales efforts, do NOT order the board. I would start with door to door sales, in the range of what you want to charge, ie, if it is expensive, do not contact your local small businesses, instead target the larger companies in your community that would benefit from the exposure.

Also ask your board salesman for references that have had the board up and running in their community for over 6 months. Will give you an idea of what to expect from your venture. If they do not have references, caveat emptor.

Good luck.

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Dale
www.ourbestidea.com
www.maskerinsurance.com
www.maskercreations.net

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OK Im starting My Business!!!!!!!! =) =) =) need som last minute advice if the SUN Community would be so kind

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