Doing your accounting, paying taxes, and following labor laws are also burdens on small businesses. Not every small business is profitable enough to manage those things and that's ok.
2,741 karma · joined January 17, 2014
Doing your accounting, paying taxes, and following labor laws are also burdens on small businesses. Not every small business is profitable enough to manage those things and that's ok.
Non-profits shut down all the time. If you're concerned about a lasting impact you'll pay for a talented executive team.
But to play along, what happens to the data depends on where it is stored. If the data center is in the US then the government can get a court order to seize that data. Which is not the same as in some other countries, is it?
I bet you could find a dozen or more websites summarizing your legal obligations if you wanted to create one web page.
Since the context was Facebook, I was speaking about what businesses should do. And especially large businesses. As far as I've heard, the EU isn't chasing folks who run a small website.
Facebook also has private messaging.
Nothing to do with taxes.
I other words, elite. Nothing to do with the middle.
No different from living in a house you buy. Except what I recommended is a little safer. If you lose your local job because the local economy collapses, you're now stuck with a house you cannot sell, cannot rent, and that ties you to the area. Ouch!
With a rental far away, if that economy collapses it's already a small mortgage so no big deal. If your local economy collapses, you can move out of your local expensive rental and look for work elsewhere. Or even move into the cheap rental investment you just bought if that economy is doing well. Buying far away spreads your risk and is safer than buying to live in near your work.
It just runs itself if you get good renters. That's where you put all the time and effort upfront.
Yes it has some risk. All investments do. I answered the question about how you get on the property ladder if you can't afford local prices. There might be other ways too.
You buy a cheap house far away from where you work, and rent it to someone. Let them pay your mortgage and before you know it, you've got enough equity to put towards another house. Rinse and repeat.
I will stay far away from whatever Zuck accomplishes with generative AI.
https://www.ftc.gov/news-events/news/press-releases/2019/07/...
The Ford Foundation was founded in 1936 and is now worth $16 billion.
The Rockefeller Foundation was started in 1913. By the end of 2016, assets were tallied at $4.1 billion with annual grants of $173 million.