How can I ensure the safety of my new business? [on hold]

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I purchased a domain for a to be mobile application and website creation business.



I'm an application developer and not a business professional I am aware there could potentially be taxes and unwanted side effects like somebody buying the business name which i havent even done yet i just need a rundown on what steps i need to take to not get unexpectedly screwed over in the future, like getting taxed for some loophole.







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Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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put on hold as off-topic by gnat, Mister Positive, DJClayworth, IDrinkandIKnowThings, GOATNine Sep 7 at 19:41



  • This question does not appear to be about the workplace within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.












  • That's the job of your lawyer/accountant.
    – Captain Emacs
    Sep 7 at 17:29






  • 1




    I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
    – imdannyboy909
    Sep 7 at 18:13






  • 3




    I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
    – DJClayworth
    Sep 7 at 18:40










  • What country are you in?
    – Dan Pichelman
    Sep 7 at 18:42
















up vote
-6
down vote

favorite












I purchased a domain for a to be mobile application and website creation business.



I'm an application developer and not a business professional I am aware there could potentially be taxes and unwanted side effects like somebody buying the business name which i havent even done yet i just need a rundown on what steps i need to take to not get unexpectedly screwed over in the future, like getting taxed for some loophole.







share|improve this question







New contributor




Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.










put on hold as off-topic by gnat, Mister Positive, DJClayworth, IDrinkandIKnowThings, GOATNine Sep 7 at 19:41



  • This question does not appear to be about the workplace within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.












  • That's the job of your lawyer/accountant.
    – Captain Emacs
    Sep 7 at 17:29






  • 1




    I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
    – imdannyboy909
    Sep 7 at 18:13






  • 3




    I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
    – DJClayworth
    Sep 7 at 18:40










  • What country are you in?
    – Dan Pichelman
    Sep 7 at 18:42












up vote
-6
down vote

favorite









up vote
-6
down vote

favorite











I purchased a domain for a to be mobile application and website creation business.



I'm an application developer and not a business professional I am aware there could potentially be taxes and unwanted side effects like somebody buying the business name which i havent even done yet i just need a rundown on what steps i need to take to not get unexpectedly screwed over in the future, like getting taxed for some loophole.







share|improve this question







New contributor




Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.










I purchased a domain for a to be mobile application and website creation business.



I'm an application developer and not a business professional I am aware there could potentially be taxes and unwanted side effects like somebody buying the business name which i havent even done yet i just need a rundown on what steps i need to take to not get unexpectedly screwed over in the future, like getting taxed for some loophole.









share|improve this question







New contributor




Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









share|improve this question




share|improve this question






New contributor




Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









asked Sep 7 at 17:28









Gabriel Reyes

1




1




New contributor




Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





New contributor





Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.






Gabriel Reyes is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.




put on hold as off-topic by gnat, Mister Positive, DJClayworth, IDrinkandIKnowThings, GOATNine Sep 7 at 19:41



  • This question does not appear to be about the workplace within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.




put on hold as off-topic by gnat, Mister Positive, DJClayworth, IDrinkandIKnowThings, GOATNine Sep 7 at 19:41



  • This question does not appear to be about the workplace within the scope defined in the help center.
If this question can be reworded to fit the rules in the help center, please edit the question.











  • That's the job of your lawyer/accountant.
    – Captain Emacs
    Sep 7 at 17:29






  • 1




    I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
    – imdannyboy909
    Sep 7 at 18:13






  • 3




    I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
    – DJClayworth
    Sep 7 at 18:40










  • What country are you in?
    – Dan Pichelman
    Sep 7 at 18:42
















  • That's the job of your lawyer/accountant.
    – Captain Emacs
    Sep 7 at 17:29






  • 1




    I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
    – imdannyboy909
    Sep 7 at 18:13






  • 3




    I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
    – DJClayworth
    Sep 7 at 18:40










  • What country are you in?
    – Dan Pichelman
    Sep 7 at 18:42















That's the job of your lawyer/accountant.
– Captain Emacs
Sep 7 at 17:29




That's the job of your lawyer/accountant.
– Captain Emacs
Sep 7 at 17:29




1




1




I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
– imdannyboy909
Sep 7 at 18:13




I feel like your question is too broad, for us to list of all the steps of owning a business, could you ask a more specific question?
– imdannyboy909
Sep 7 at 18:13




3




3




I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
– DJClayworth
Sep 7 at 18:40




I'm voting to close this question as off-topic because it's about startup business practice, not The Workplace.
– DJClayworth
Sep 7 at 18:40












What country are you in?
– Dan Pichelman
Sep 7 at 18:42




What country are you in?
– Dan Pichelman
Sep 7 at 18:42










1 Answer
1






active

oldest

votes

















up vote
5
down vote














How can I ensure the safety of my new business?




Hire a good accountant. Hire a good lawyer. If you need more help, connect with a good life coach or mentor. Develop a strong, deep professional network. Work hard.






share|improve this answer


















  • 1




    This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
    – Dan
    Sep 7 at 18:34


















1 Answer
1






active

oldest

votes








1 Answer
1






active

oldest

votes









active

oldest

votes






active

oldest

votes








up vote
5
down vote














How can I ensure the safety of my new business?




Hire a good accountant. Hire a good lawyer. If you need more help, connect with a good life coach or mentor. Develop a strong, deep professional network. Work hard.






share|improve this answer


















  • 1




    This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
    – Dan
    Sep 7 at 18:34















up vote
5
down vote














How can I ensure the safety of my new business?




Hire a good accountant. Hire a good lawyer. If you need more help, connect with a good life coach or mentor. Develop a strong, deep professional network. Work hard.






share|improve this answer


















  • 1




    This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
    – Dan
    Sep 7 at 18:34













up vote
5
down vote










up vote
5
down vote










How can I ensure the safety of my new business?




Hire a good accountant. Hire a good lawyer. If you need more help, connect with a good life coach or mentor. Develop a strong, deep professional network. Work hard.






share|improve this answer















How can I ensure the safety of my new business?




Hire a good accountant. Hire a good lawyer. If you need more help, connect with a good life coach or mentor. Develop a strong, deep professional network. Work hard.







share|improve this answer














share|improve this answer



share|improve this answer








edited Sep 7 at 17:50

























answered Sep 7 at 17:35









Joe Strazzere

226k107664938




226k107664938







  • 1




    This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
    – Dan
    Sep 7 at 18:34













  • 1




    This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
    – Dan
    Sep 7 at 18:34








1




1




This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
– Dan
Sep 7 at 18:34





This is good advice but I recommend making sure you're actually profiting before spending monies on lawyers and accountants. Otherwise you're only getting them to profit.
– Dan
Sep 7 at 18:34



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