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For more information about GoDaddy, please visit: www.godaddy.com.
Thus a web hosting site that pretends that all is well until they become successful would be possibly leaving themselves open to a hacker.
When it comes to choosing a dedicated server, choosing between the offerings can be daunting, especially when looking at the processors! There are so many that it's almost impossible to compare them.
Come on Down, Then Sell Your Hosting Company
Tue, 20 May 2008 10:55:00 -0400
This is a no-brainer that can be hard to do. Family, friends, schools, pets all figure into the situation. But is should be on your plate.
Here are some of the top rates for state income taxes; Vermont 9.5%, Oregon 9% and New Jersey 8.97%.
Now there are many other states with high state income taxes. The California State Motto is Eureka "I have found it!" is aptly stated. After all California has a 9.3% state income tax rate plus a 1% kicker imposed on taxable income over $1 million. If I read the tax codes right that equals 10.3%.
Since it makes my case, let’s look at the worst case. You net $500k from your hosting business. In California you pay about $45k in state income taxes and another $155k in Federal Income Tax. So 40% goes to the government. Not to mention FICA, 8.5% sales tax etc.
So you decide to sell the business, it sells for $5 million. In California that adds about $500,000 of your money to the state coffers. You get $500k less. Your retirement fund just dropped $500k. That Ivy League school for the kids is a bit tougher to handle.
Do some family planning. Move to Florida, it has zero, nada, and no state income tax. So does Alaska, Nevada, South Dakota, Texas, Washington and Wyoming.
Now the M&A Part – Buyers don’t make up for the sellers shortfall. It is just as easy to buy a company in Texas as in California. Think this one over for a while.
So talk to your attorney and accountant, make sure everything’s legal and makes sense. Then come on down to Florida a couple years before you sell. You could add some $600k to the retirement fund. Oh yes, real estate is a bargain since the bubble burst.
Written from Cape Coral, Florida - Rather than our old Milwaukee diggs (6.75%)
More about Tom:
Site Down? Do This Before Contacting Support…
Wed, 16 Apr 2008 10:00:02 +0000
Having issues with random downtime or errors with your web site, but every time you contact hosting support they say:
“Well, all is fine on this end - nothing we can do.”
If you find yourself in these shoes, what you need to do is paint a better picture of the problems when they are happening ...]
More Information on the New Features includes:
Microsoft IIS Servers Hacked in Masse - 500,000 Sites
Mon, 28 Apr 2008 22:06:03 +0000
Hundreds of thousands of Web sites - including several at the United Nations and in the U.K. government — have been hacked recently and seeded with code that tries to exploit security flaws in Microsoft Windows to install malicious software on visitors’ machines.
The attackers appear to be breaking into the sites with the help of ...]
Where are the Hosting Social Networks?
Tue, 06 May 2008 09:27:41 +0000
How come the web hosting world doesn’t have more Online networks where we can meet and greet each other? Here is another question from well, the best podcast audience ever. Speaking of groups of people who gather in one place, Mark asks:
“How come there hasn’t been a web hosting social network yet? Something like ...]
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