Should I register a business before making any money?
People face early business registration laws and startup fees before knowing if their venture will actually make money. This stops them from starting safely without risking money on taxes and registration for unproven ideas.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
- 1Asking experienced business owners on forums for advice
- 2Waiting for better financial conditions or more capital
- 3Waiting until there is consistent income before registering
- 4Delaying registration to avoid startup fees for unproven ideas
- 5Running events sporadically or weekly
- 6Searching for external grants
- 7Asking the online community for advice and metrics
In their words
Unedited, grouped by where they were said, most upvoted first within each place, each linked to the thread it came from.
“I'd like some advice.”source ↗
“Given the current economic conditions, is this a good time to start a business?”source ↗
“My countrys law seems to require business registration pretty early, but what if you don’t even know whether what youre doing will make any money?”source ↗
“Would you register immediately, or wait until there’s actually some consistent income?”source ↗
“Seasonal event business: how do I know if it's viable?”source ↗
“The busy season was decently profitable, but it's weather-dependent and profitable maybe 4 months of the year, with no slow-season plan yet.”source ↗
“Events are ticketed, and sales fluctuate every week, so income is hard to predict.”source ↗
“not paying 200$ startup tax for no reason if it turns out to be smth i will make it”source ↗
Where this came up
People with this problem also raised
- 9Should I keep going with my stagnating business or quit?
- 5How do I know if I should sell my business?
- 6How to quit a corporate job to start your own business
- 2Do I need an LLC for a low-sales online shop?
- 5How to plan a business from scratch without missing key steps
- 2How to evaluate a business conference before paying for it