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Author Topic: Looking To Start A Small Business With Bitcoin  (Read 1601 times)
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March 12, 2017, 10:55:17 AM
 #21

If you want to run legitimate business first you have to know what is the regulation about it in your country and how is with paying taxes otherwise you might have some troubles. You also have to be well provided with goods you would like to sell and what would be the most convenient payment system. Daily payments are tricky and maybe not the best choice.

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March 12, 2017, 08:13:39 PM
 #22

You could start by learning about the law in your country. We have quite a few Bitcoin businesses where I live. At a conference I partially attended, they said they needed to fill alot of papers with strict deadlines. It was necessary in order to run their business with Bitcoin. Therefore, I think, it is a good idea to start by getting straight knowledge with the law before actually starting up the business.

If you want to run legitimate business first you have to know what is the regulation about it in your country and how is with paying taxes otherwise you might have some troubles. You also have to be well provided with goods you would like to sell and what would be the most convenient payment system. Daily payments are tricky and maybe not the best choice.

Just what I was thinking and @OP should make sure to do the documentation too. Learning about the regulations is not enough, you have to provide proof/do the documentation process too.
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March 13, 2017, 05:11:10 AM
 #23

If you want to run legitimate business first you have to know what is the regulation about it in your country and how is with paying taxes otherwise you might have some troubles. You also have to be well provided with goods you would like to sell and what would be the most convenient payment system. Daily payments are tricky and maybe not the best choice.

If its business enrolled government with the any country, them how they can use bitcoin there. It is not yet centralized right. One they can if they do any worldwide transaction. That they can achieve through bitcoins for personal uses. Still big investors only investing on blockchain plant to make their business more secured from the hackers.


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March 13, 2017, 11:20:46 PM
 #24

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

If you want to start your own business daily payment is hard for it but that will be depending on your choice. For me, it's better if you've got enough capital, then you can do buying and selling of hardware. It's on a demand but you need to cover a wide operation in able to get a good quantity of customers.

What do you mean by hardwares? Is it computee hardware or mining hardwares? But if you mean mining hardware well i don't see some good demands on it since mining of blocks got more difficulty at this point and the one i see their is the owners of hardwares are selling it since they see that it is not worthy for them anymore and they will be eaten by electricity cost if they will continue to operate it.

Sorry about it, I was talking about the normal hardware, I mean computer parts not the mining ones. I know that mining hardware / rig nowadays isn't that in demand because of the difficulty on mining right now. There are people that are into playing rig and wants to upgrade their computers, so I guess this is a good business.



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March 14, 2017, 03:06:10 AM
 #25

We need more details on what kind of business you want to build.
Is it an online shop were you can sell your products or a cloud mining site but i think that will cause a lot for a small business.
Or you're planning on something else like faucet, url shortener site etc.
Are you good at programming like PHP and SQL to handle payments and user credentials but if you dont, you could hire someone here to do it you also need a good front end design and reponsive content for your site.
There other free domain hosting out there if its only a small site you are building or you could use wordpress.

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March 14, 2017, 09:39:35 AM
 #26

Generally speaking, when you say you want to start a business with Bitcoin you probably mean a business that accepts or use Bitcoin and if that is the case Bitcoin is acting like a fiat money to you. I am sure you have been exposed to many types of online programs that accept Bitcoin as a medium of exchange. Right now, there are many choices online. Offline, you can start any type of business and let your prospect know that you accept Bitcoin in addition to the usual mediums. In the past, the most popular was of course the use of Paypal.

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March 14, 2017, 09:54:40 AM
 #27

depend  how much bitcoin you have.. but the easy way is to start  with an online business

Firstly, he needs to decide whether he wants to start a business in online or offline. Yes, he needs a lot of money to set up an online business and he needs to take care of all his members with how much profit you are going to pay them. Plan it perfectly it should last for decades to satisfy your members.

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March 14, 2017, 10:34:46 AM
 #28

depend  how much bitcoin you have.. but the easy way is to start  with an online business

Firstly, he needs to decide whether he wants to start a business in online or offline. Yes, he needs a lot of money to set up an online business and he needs to take care of all his members with how much profit you are going to pay them. Plan it perfectly it should last for decades to satisfy your members.
Proper planning would really be required when we are talking about business and you are right we do really need big money and would depend on what kind of business we would plan to build.Its either on online or offline business takes time to plan carefully so that it wont come to waste.

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March 14, 2017, 10:46:51 AM
 #29

If we wanted to build a business using bitcoin, make sure that your customers to cater with is a btc user. In my country today the users of digital currency were not that many but some of them were interested to deal with. You must choose an offline business with an option of payment as digital money which can be bitcoin value through sending actual btc amount which paid for the goods they wanted. Some example can be like street foods with a decent type of ambiance offering varities of food which those people loved, and they will pay using their btc amount online transacts payments using bitcoin money.

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March 15, 2017, 02:04:52 PM
 #30

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

First you should see in which field you want to start the business. This must be that field which is interest of yours. Secondly you should know how much you will invest initially and in how much time you will get the ROI. Since Bitcoin is available online, the bitcoin involved business can be expanded worldwide. Wink
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March 18, 2017, 05:39:48 AM
 #31

It is a good idea to start business with a bitcoin but you must be focused the earned  bitcoin can be diverted to other investment like forex trading, binary option etc you can also set up a business of buying and selling of goods.

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March 18, 2017, 08:13:32 AM
 #32

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

I guess you do not have any idea what business are you going to run. My suggestion, you need to look around your community, what the community needs. Then sell what they need or offer a service they need.


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March 18, 2017, 08:38:06 AM
 #33

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

I guess you do not have any idea what business are you going to run. My suggestion, you need to look around your community, what the community needs. Then sell what they need or offer a service they need.

Yes this is the best thing that he needs to do. Do some planning and make some research on what is the appropriate business on his area.

Also you can get some ideas on the goods and collectibles section of this forum, you may try to do some those business.

Many are earning good amount on it.


 
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March 18, 2017, 11:16:01 AM
 #34

Just like what everyone is saying, You need to plan everything first. Your question is quite difficult to understand because you didn't include the must

information like what kind of business, your budget, is it online or offline, Payment processors etc. If you still don't have any idea of this. You need to

observe and reasearch your surroundings and yourself. What you can offer, What do people need? How is my business different to others and what it

can offer that other don't. Think of these things and the must information will be filled natually.

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March 18, 2017, 10:41:31 PM
 #35

Well i think best business with bitcoin is the gambling sites. Look yolodice. Already their profit 54 btc and they r new. Growing very fast.

Also there is no backgammon site betting with bitcoin. In my country there is a rule. If u bet rummikub or backgammon table take %10 of bet. For example if there is 0.01 bet. Each player bet 500k winner take 900k 100k for table. Owner of the place take %10. You can make it too. There will be lots of users.

You can think open bazaar sites. People can sell their stuff in this site with bitcoin. 

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March 19, 2017, 08:28:35 AM
 #36

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

This is not the best place to ask. Looking at the comments made in the thread is a proof of this. I bet everyone who made suggestions in the thread is not a successful businessman. Then if it is so, why should you listen to their advice? Its better to look for someone you know who is successful in business.

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March 19, 2017, 04:02:03 PM
 #37

How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.

Good to see another new interest for btc. Mate, you need to know in what field are you into,like selling items, services. There are many options to start with,if you already have a real business you can start on receiving a payment using bitcoin that would be great and making some promotion of btc to the public


 
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March 19, 2017, 11:12:14 PM
 #38

depend on you how you start looking for small business and need a investment  and need more knowledge because it depends to  people who look for your business .if you build website its good to see it works but need to know how to build website with html,css,java and good for designing because if people see your website and they want because they see website is beautiful and have a good design people take fancy in your business.

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March 19, 2017, 11:16:46 PM
 #39

A gambling website or some other service in the entertainment business can be a lucrative investment, but you need to do your own research beforehand. Moreover, everything will depend on your skills in the business.
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March 19, 2017, 11:22:15 PM
 #40

If you have a good amount of capital you can start a good business since you are looking for small business buy low and sell high is a good for bitcoin for now trading stay in bitcoin trading i saw that the price was decrease right now and i think you can buy for cheap price of bitcoin and wait for the proce will increase high to sell it..

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