Starting a Business… Sort of

Calendar January 19, 2008 | Posted by Jorge

If anyone has any experience with this, I’d really appreciate any advice you could give.  In short, this blog has finally begun to monetize itself.  I’m not talking big numbers, of course, but enough to become enthusiastic.  I’d call this blog a success and as a result I’d like to repeat my successes with other ideas and ventures.  As a result, I was contemplating beginning a small business, possibly a S-corporation or an LLC.  Besides the advantages of liability protection to my (small) assets, is it beneficial to perhaps think about registering for an S-corp or LLC?  Do any of you have experience with the process?  Thanks!

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  • Hey, thanks for the comment. Dax Desai knows what's up with this.. He's actually doing a series of posts on his blog about it. I'd check it out there.
  • Quick Critique!

    When I loaded your page in IE, the top bar came up slightly askew. I also got an error from IE:

    http://i28.tinypic.com/2lnxqpj.jpg

    1) Your page is about your adventures into trading, but you offer no information about who you are or where you're from. Readers need to be able to know there is a person behind the blog. Consider an "About Me" section with a small picture of yourself. In trusting your readers, they will trust you as well. There are also studies that show people are more likely to interact and respond when they see pictures of other people.

    2) I noticed you have posts with a lot of text, but no images. It's good to write a lot, but people can lose their attention reading through large paragraphs. Use linebreaks more frequently, and add some images to add some variety. Even simple charts and graphs can be useful and draw in your reader. Look over your writing before you post and consider what really needs to be said and what can be cut out.

    Thanks for the business! Hope this helps.
    http://darkiseasy.blogspot.com
  • Anthony:

    Yeah I noticed his situation with day trading. I think the best route to go is with the LLC designation. Unless you're Cramer, trading's a one man job and my fiancee really doesn't care for all of this business mumbo jumbo. I remembered reading something on Dax's site but never really thought about it until you mentioned it. Thanks!

    C-Squared:

    Thanks for the critique. I do need to update my About Me site. That really should be a priority before anything else.

    Normally I do have images or graphs with some of the posts but I've been exhausted as of late. Images really do help break up the monotony though.

    As for the askew issue, it's something I'll have to live with for now since it's a free template. Eventually I'll find the right combination to monetizing features in order to pay for a custom designed blog. I'll check on the IE error though. May be a result of some coding I tacked on to the template. Thanks again!
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