21–30 of 95 posts
Many people at RenFaires and music festivals use Stripe. This is going to wipe them out as customers. Also fully remote businesses. It's clear to me Stripe wants brick and mortar businesses, or online businesses that have an office. Which I find sad, because they're abandoning a bunch of customers depending on them. Though it is an opportunity for some startup to cater to those customers.
How will any of this hurt those businesses?
I understand there are some larger compliance-related issues that need to be solved and that this seems like it's an unintended consequence of the regulatory requirements put in place to solve this. But there are huge consequences for small business owners in requiring a physical address. I don't need or want anyone to ever physically appear at an address I provide, because providing _any_ address for my business is…
Zoning compliance is not required for a home office (assuming white collar type work). Many, but not all jurisdictions require business licenses, even for home offices. This does not trigger inspections, because a business license isn't about the workplace, it's about the business itself.
EDIT/FOLLOWUP: Your "place of business" does not need to be your mailing address, because you can use a PO Box. It also doesn't need to be your address for legal service (i.e., for service of lawsuits), since most companies use a registered agent for that. At the most basic level, for a solo entrepreneur, your place of business is simply the one common location to which you have a legal right from which you do at least some of your business. In the absence of an owned or leased/subleased office or other workplace, it defaults to your residence.
Earlier quoted context omitted.
There are competitors to stripe. Why people keep submitting themselves to their abuse is beyond my comprehension.
Would be interested in a list of the competition. (too lazy to do my own research)
I understand there are some larger compliance-related issues that need to be solved and that this seems like it's an unintended consequence of the regulatory requirements put in place to solve this. But there are huge consequences for small business owners in requiring a physical address. I don't need or want anyone to ever physically appear at an address I provide, because providing _any_ address for my business is…
I understand there are some larger compliance-related issues that need to be solved and that this seems like it's an unintended consequence of the regulatory requirements put in place to solve this. But there are huge consequences for small business owners in requiring a physical address. I don't need or want anyone to ever physically appear at an address I provide, because providing _any_ address for my business is…
Your business's primary place of business is your home (referring specifically to the parent comment, not businesses in general). That you can also carry out the business where ever you physically are does not change that basic fact from a legal or tax perspective. Zoning compliance is not required for a home office (assuming white collar type work). Many, but not all jurisdictions require business licenses, even for…
Picture a carpet cleaning van parked on the street, for example.
Many people at RenFaires and music festivals use Stripe. This is going to wipe them out as customers. Also fully remote businesses. It's clear to me Stripe wants brick and mortar businesses, or online businesses that have an office. Which I find sad, because they're abandoning a bunch of customers depending on them. Though it is an opportunity for some startup to cater to those customers.
> Many people at RenFaires and music festivals use Stripe. Are you thinking of Square, perhaps?
Mercury also rolled this out recently. got the email yesterday.
Earlier quoted context omitted.
Your business's primary place of business is your home (referring specifically to the parent comment, not businesses in general). That you can also carry out the business where ever you physically are does not change that basic fact from a legal or tax perspective. Zoning compliance is not required for a home office (assuming white collar type work). Many, but not all jurisdictions require business licenses, even for…
What if I never do business in my home, but instead operate out of libraries, coffee shops, or client's locations? Picture a carpet cleaning van parked on the street, for example.
It's not that complicated.
You want the benefits of a business while not having to worry about angry customers annoying you at your house.
I don't blame you.
We all want to have cake and eat it, too.
Earlier quoted context omitted.
Your business's primary place of business is your home (referring specifically to the parent comment, not businesses in general). That you can also carry out the business where ever you physically are does not change that basic fact from a legal or tax perspective. Zoning compliance is not required for a home office (assuming white collar type work). Many, but not all jurisdictions require business licenses, even for…
What if I never do business in my home, but instead operate out of libraries, coffee shops, or client's locations? Picture a carpet cleaning van parked on the street, for example.
My concern is that if I had an online business that I worked on at home, I still wouldn’t want my home address to be given out by my payment processor.
Earlier quoted context omitted.
Your business's primary place of business is your home (referring specifically to the parent comment, not businesses in general). That you can also carry out the business where ever you physically are does not change that basic fact from a legal or tax perspective. Zoning compliance is not required for a home office (assuming white collar type work). Many, but not all jurisdictions require business licenses, even for…
What if I never do business in my home, but instead operate out of libraries, coffee shops, or client's locations? Picture a carpet cleaning van parked on the street, for example.