When launching your business, one of the most important things to decide is how much to price your products. For SaaS companies, those selling internationally, this is a tough question to answer. Each nation has its own VAT, GST, and/or sales tax codes. To be clear—GST, VAT, and sales tax are all forms of taxes and will be referred to simply as “sales tax.” A SaaS company must charge the correct sales tax to each customer in the region in which the products are sold—how can this be possible? What if one area charges 20 percent and another location no tax at all?  How are you to remain in compliance with the current tax codes?

As the Internet developed, it brought along with it technological changes that impacted not only digital experiences but also had lasting real-world application. Online shopping revolutionized how consumers get their products, and now, with the rise of cryptocurrency, more changes are coming. Blockchain applications are the digital equivalent to the now largely obsolete checkbook. The blocks are the multiple transactions, and the chains are the components that link them. Together, this creates an organized system of managing and connecting transactions.

Freelancing has many benefits. A freelancer can make extra money, connect with professionals all over the world, and get the jobs done quickly. Some people may even do freelancing work as their full-time gig. As a freelancer, there are writing jobs, web development, translating, tutoring, and so much more. With the internet, online freelancing has become very popular among those that would like to work from home or others that are looking to make extra money. There is so much opportunity online to do freelance work.

Web teams are made up of a diverse group of people who all contribute their skills in multiple avenues. Each person has a different role that combines with the others to work toward a common goal.  The goal of a web team is generally to bridge the gap between innovative and new digital products with unfamiliar audiences. Before any products or digital services can be offered, the web team must make edits and check for quality.

So, you’ve decided to try your hand at entrepreneurship and start your own company? Whether it’s a full-time commitment or just a means of supplementing your existing salary part-time, this is an exciting time for you.

The first stumbling block you may encounter is how to register your business. What’s the right business entity to choose? There are four basic business types, with a few common alternatives that should certainly be taken into consideration too. Every single one of them has its own set of pros and cons.