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Business Invoice Question

Discussion in 'General Business' started by soultrader, Jan 19, 2007.

  1. #1
    I currently run a forum and have received interest from several sponsors. The problem is that I have not incorporated. It is unappropiate to create and invoice and bill them under my own personal name? Do I need to start a company for this? Any advice would be appreciated. Thank you
     
    soultrader, Jan 19, 2007 IP
  2. shah2k

    shah2k Peon

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    #2
    you can form a sole proprietorship and use your ss# ... but just faking it would be very illegal.. unethical? maybe but illegal? definitely
     
    shah2k, Jan 19, 2007 IP
  3. ash1

    ash1 Active Member

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    #3
    sorry im confused
    what do u mean faking it?


    He can use his real name,

    or he can register a sole proprietorship and then create a business bank account and then deposit everything there..

    also when u say ss#? u talking about socialsecurity?
     
    ash1, Jan 19, 2007 IP
  4. shah2k

    shah2k Peon

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    #4
    by faking it i mean have a fake business name or what not.. for example lets say his website is "X Y" and he puts "X Y" on the invoice, i would think thats illegal and by ss i mean social security
     
    shah2k, Jan 19, 2007 IP
  5. shah2k

    shah2k Peon

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    #5
    oh well he wants to bill them under his personal name. hmm i think you could do that actually. that part kind of went over my head.. you could file a 1099 probably
     
    shah2k, Jan 19, 2007 IP
  6. soultrader

    soultrader Peon

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    #6
    Im not trying to fake anything. Since I have not incorporated yet, I plan on billing under my personal name and account. Is this appropiate?
     
    soultrader, Jan 19, 2007 IP
  7. QuickNancy

    QuickNancy Peon

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    #7
    You can just go get a DBA and you should be ok... Yes, you can bill under your own personal name... however, why not go to the county and get a DBA and take that piece of paper to the bank to have an account open under that "name" for now?
     
    QuickNancy, Jan 19, 2007 IP
  8. soultrader

    soultrader Peon

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    #8
    Hello Nancy,

    What is a DBA? Thanks
     
    soultrader, Jan 19, 2007 IP
  9. ash1

    ash1 Active Member

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    #9
    take out DBA (dont know what it is_
    and put "SOLE PROPRIETOR
     
    ash1, Jan 19, 2007 IP
  10. shah2k

    shah2k Peon

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    #10
    DBA = doing business as

    it basically says that you are doing business as .. blahblahblah its cheap and quick
     
    shah2k, Jan 20, 2007 IP
  11. pangea

    pangea Guest

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    #11
    why not just form a company? in UK it costs about £30 and then £15 every year to renew.

    business name = more professional imo.
     
    pangea, Jan 20, 2007 IP
  12. ruler22

    ruler22 Peon

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    #12
    I've known people who have done things with personal accounts, and don't have a business setup. I don't think it is necessary, but as far as legal/illegal I'm not sure.
     
    ruler22, Jan 20, 2007 IP