How do I start a successful retail business?
Q. I need assistance to get my questions answered regarding starting a retail business: 1. Which retail business would be best to start and why: a) Specialty retail business or b) Mail order business? 2. Which type of business is more predictable and does not change often: Specialty retail or mail order? 3. Many people say that PASSION is important when it comes to starting a business because the owner will have to work long hour to make his or her business a success. I agree with that but can you explain to me why there are many people out there who started their successful businesses outside their PASSION? 4. How can I choose products and services to sell that fit my personality and are part of my values? 5. I took a Myers-Briggs… [cont.]
Asked by Mikelo - Fri Apr 13 23:42:24 2007 - - 8 Answers - 1 Comments

A. How about a book store, if you are looking retail? I cant say if it would work in your town, you need to do marketing research to see what would succeed in your town. Also in business .. Location, Location, Location is VERY important to success .. not only do you need the right business, you need the right location .. Passion, YES .. you do have to work long hours but passion because you believe in what you are doing. I work from home and have the utmost compassion and belief for what I do, I believe that is what brings me success .. If you don't like books, don't like to read .. then a book store probably wont make sense. Did deep .. Only you know what you really want to do. GL!
Answered by lovin_2beme - Fri Apr 13 23:51:53 2007

Do you think a business acquaintance service can be a profitable industry?
Q. Everyone has some business acquiantance that can help others to do successful business. How to let all of them know each other. Business acquitantance service may do it. Big business service ? Profitbale business service ? Let me know. Great thanks.
Asked by energyquotenet - Mon Aug 14 04:06:43 2006 - - 2 Answers - 0 Comments

A. Networking. In your instance, pooling together all business acquaintances for mutual exchange of ideas and support. Sounds great, go for it. Good luck and success, my friend.
Answered by TK - Mon Aug 14 04:10:45 2006

Can I deduct a business mortage payment or only the interest and why?
Q. I need to know if I can deduct the mortage payment on a business. Our business mortage is a commercial loan and only the business is on it. Or, is only the interest on the business deductable. If so, would it be in our best interest for the business to rent from us this year?
Asked by tru_belle - Thu Feb 7 17:49:43 2008 - - 1 Answers - 0 Comments

A. The business can only deduct interest expense. If you own the property personally, and the loan is in your personal name (OK if business is a co-borrower), then the business could deduct the entire payment as rent expense. However, you'd then have a separate schedule on your tax return for this commercial real estate. You'd show the rent payment as income, and then deduct the interest expense there. If the business is an S-Corp then shouldn't be much of a difference either way. . . If you're a business owner with commercial real estate, you really should have a CPA (or experienced tax accountant) prepare your taxes. . . . Oh, you can't deduct the entire loan payment, as principal paid is a repayment of money lent to you!
Answered by Jonathan B - Thu Feb 7 21:22:11 2008

Is a Business Statistics course the same as a Regular Statistics course?
Q. Hi. Is a business statistics course considered equivalent as a regular statistics course in college? In other words, if a student wants to earn a bachelor's degree in business and the school that he is enrolled in requires him to take a business statistics course, would he meet that requirement if he took a regular math statistics course and not a business statistics course? Have a nice day.
Asked by recalcitrant99 - Thu Nov 20 22:46:34 2008 - - 2 Answers - 0 Comments

A. Depending on the course, statistics (as offered by the math or statistics department) will be purely procedural. They will go into great detail about WHY you perform a procedure a certain way and, generally, will discuss theorums and formulas in detail, sometimes even proving them. There will be little or no practical application and no discussion of experimental methodolgy. On the other hand, in a business stats course the time not wasted on in-depth detail about statistical procedures will be spent on methodology and application. Although it will greatly depend on your college and department, some departments will waive a requirement if you have fulfilled a similar one. Usually, they will only make this exception with transferred… [cont.]
Answered by Henry B. - Fri Nov 21 16:16:28 2008

What type of business should I mark my business to operate as?
Q. I'm almost done with my business plan. I'm stuck on something. I don't know sould I operate my business as a Corporation or Sole Prietorship if I'm planning to run a photography and graphic designing business with employees I'm planning to hire which will include a secretary, assistant, graphic designer and a beautican. Please help I'm planning to open and start at the beginning to 2010.
Asked by L Ant - Tue Dec 15 16:58:26 2009 - - 2 Answers - 0 Comments

A. First off, let me congratulate on your business venture. I'm so excited for you because of the strong passion I have for business and hopefully you will gain one to. I wish you the best of luck and I hope to quickly here from you about the success you are having with your company. From personal experience this will be a task you won't regret, but at the same time please understand that it will be challenging. Now to answer your question on if you should operate a business as a corporation or sole prietorship, you first need to understand the difference between a corporation and a sole prietorship. If you chose to go the sole prietorship option, than a question u need to be prepared to answer is are you willing to put up personal assets… [cont.]
Answered by glenn w - Tue Dec 15 21:01:03 2009

What is a business that can not be enhanced by the internet called?
Q. I am doing a research paper in which I am going to discuss E-commerce and internet businesses versus anti-internet businesses only that is not a real word. So please DON'T give me an obvious and idiotic answer like "business." I am looking for businesses that do/can not use the internet to greatly benefit themselves. thank you!! thank you, after doing some work i remembered brick-AND-Mortar businesses.
Asked by Bleach - Tue Feb 24 20:43:10 2009 - - 1 Answers - 0 Comments

A. You may need to separate "Internet" and "E-Commerce" into distinctly different roles. Every business on the planet would benefit from an "Internet" presence, because of the potential mass exposure. The internet allows a business a space to educate its ideal consumer about the companies product and service. The whole point of being in business is to make and keep customers...so being exposed to as many potential customers as possible, is a massive advantage upgrade. E-Commerce...I think this is where you are trying to identify a company which would not benefit from "Purchase" transactions over the internet...and again...as I sit here I am having difficulty thinking how this would not benefit any company. If something comes to mind I will… [cont.]
Answered by Doran P - Tue Feb 24 20:57:17 2009

Could a business career be attainable with a philosophy or politics major and a business minor?
Q. I'm currently an undergrad at a liberal arts school. I'm planning on majoring in either politics or philosophy, and a minor in business. After i get my degree, would i be capable of getting hired or nonetheless get an interview with a firm or bank. Also, could a business internship help the situation?
Asked by Vinny the Chin - Thu Dec 10 17:45:15 2009 - - 1 Answers - 0 Comments

A. A business internship would definitely help. May I suggest majoring in business if that major is available, in which case you could minor in politics or philosophy. As you can take additional politics or philosophy courses as electives in addition to those required for a minor, you could still get a good education in one of those subjects. If a major in business is not available, I would suggest that you take as electives any additional available business courses which are not required for the minor. I would also suggest taking additional business courses during the summer at the most prestigious university possible during any summer in which you do not have an internship. Some of the most prestigious universities in the country,… [cont.]
Answered by ownpool - Thu Dec 10 18:10:50 2009

How can i start a business if i am not sure of my passions?
Q. I've done alot of research on starting a business. I am a college sophmore-havent picked a major yet but i'll probably go with business and photography. My interests are business, photography, web design, photoshop, traveling and languages (spanish and italian) When people say base your business ideas on you passions--mine are a little too complicated for starting a small business. Any Ideas? Thanks!
Asked by jade_pisces - Sat Jun 27 20:00:24 2009 - - 5 Answers - 0 Comments

A. I'm helping a friend with his expanding company and am looking for 2 or 3 people right now who are ambitious and teachable. Your background is impressive but I make no promises or offers. If your really interested in business ownership and would like to find out more contact me for an interview... Call toll free 1-866-676-8366
Answered by 100k - Mon Jun 29 13:36:17 2009

Does my small business need to file a tax return?
Q. I am a small business owner and have been developing my company for the past year. Because I left my previous job to start this business I do not have a current income and because my company only recently officially "opened for business" we do not have a profit line. Do I need to file? What about the business expenses that I incur?
Asked by greg b - Mon Mar 5 18:09:43 2007 - - 4 Answers - 2 Comments

A. Definitely keep track of your expenses. Most start-up expenses should be capitalized until operations begin. This means that you cannot deduct certain expenses until the date the business started, even if you paid them last year. Some expenses should be amortized over a period of time. Business start-up costs are the expenses you incur before you actually begin business operations. Your business start-up costs will depend on the type of business you are starting. They may include costs for advertising, travel, surveys, and training. These costs are generally capital expenses. You usually recover costs for a particular asset (such as machinery or office equipment) through depreciation (discussed next). You can elect to deduct up to… [cont.]
Answered by tma - Tue Mar 6 02:55:56 2007

What kind of internet business or home business i can start to earn more money?
Q. I want to start a internet business or home business to earn more money. Please suggest a honest company. If you have any other suggestion for business.
Asked by deb_18rahul - Thu Apr 29 02:53:35 2010 - - 4 Answers - 0 Comments

A. read this article. it was written by a board member of an American company, to help others from getting scammed.
Answered by Nicole - Thu Apr 29 04:00:18 2010

business projector versus a home theater projector? Is there that much of a difference in black levels?
Q. I am budgeting about 500-600 for the project and about 100 for the screen. I can afford a 2000 projector. A ViewSonic PJ506D SVGA (800x600) 4:3/16:9 2000 lumens business projector is going for 500 with a mail free screen and mount offer. An InFocus In72 WVGA (852x480) 900 lumens home theater projector is going for about the same refurbished with no extras. I have read that I really should get a home theater projector rather than a business projector like the 506D, but the lumens scares me. I am projecting on an 80"screen with blinds and curtains closed. no lights. still some ambient light. Which will be better. I am going to use it the a really nice DVD player, Wii and Home theater PC. No interest in HD DVDs for atleast 3-4 years… [cont.]
Asked by bjmarchini - Thu Aug 23 18:02:38 2007 - - 2 Answers - 0 Comments

A. I am confuse with your question. Are you saying you can afford a $2000 projector or can't afford? Try using a home theater projector if you can. The bussiness projectors are not meant for movies. They are meant for slide shows and a small movie clip. Now you can get a decent Epson projector that is around $3500 Canadian dollars with a $300 rebate right now. I believe the model is the Epson 1080. Epson makes a decent projector. Ofcourse you can opt to get the cheaper projector. I have personally seen the Epson 1080 and it does a great job on the big screen. There are also some decent screen around. I think you should provision more for your screen though. Try to think $1000 for a screen. They a decent Draper screen would… [cont.]
Answered by flip_can - Thu Aug 23 20:27:58 2007

How big should a business be before the owner finally delegates responsibilities?
Q. I am in the family business and my mom is clearly strained... We are blessed to have business hand over fist even in this recession but that is not my problem, or question... My question is how can a small business owner learn to lay back enjoy the fruits of their labor??? I mean she has owned this insurance agency for 30 yrs. and has nursed it from ONE policy to what it is today? But her health is declining as she is still trying to take payments, pictures of homes, etc. on what should be considered now at least a "mid sized" business?
Asked by Sociopath - Mon Jun 8 14:42:42 2009 - - 2 Answers - 0 Comments

A. It sounds like you are at that point. If it feels like too much, it probably is and if you are in the black, you can definitely outsource now. If you are concerned about handling the legal aspects, book keeping, etc. of a new hire, you can go through a temp. agency first. That way, you pay the agency and they handle payroll, etc. for their employee. The agency can coach you through it. You can always keep the person on, too, if it works out.
Answered by m h - Mon Jun 8 14:59:29 2009

What is a good business to purchase for a first time business owner?
Q. I have my business degree, and money for investing. I am interested in buying a business that doesn't require my presence and that is profitable. What is a good type of business to purchase in the next year in South Florida?
Asked by Danka - Tue Jan 13 16:43:17 2009 - - 2 Answers - 0 Comments

A. You seem to an idea that the owner does nothing and racks in the big bucks. It is true that business owners only have to work half days and they get to pick which 12 hours they work - but I can tell you, your profits will walk out the door unless you participate and understand the business. If a business ran it's self there would be no reason to sell it - the owner would just keep receiving the profits. So look for a business you understand - and one you could actually work at. Otherwise - become a lender - the interest rate is higher but so are the risks. Buy a rental - but be ready for repairs at all hours.
Answered by justwondering - Tue Jan 13 16:58:35 2009

how to start a business networking with different vendors.I would like to connect these vendors to a business?
Q. I plan to work as a business person who finds different vendors for this business. Is this profitable? Is this a good plan?Do I meet first with the business with my idea, or do I start with the vendors first , or do I start my own webpage and have the vendors as part of that first?
Asked by debra l - Thu May 29 01:10:13 2008 - - 1 Answers - 0 Comments

A. hello, if you have customer , we can be your good supplier. you can visit our homepage www hbdetrade doc com . thanks
Answered by Sunry - Thu May 29 01:28:08 2008

Over 60% of small businesses fail due to a lack of planning and execution of a business plan.?
Q. Over 60% of small businesses fail due to a lack of planning and execution of a business plan. When businesses are so small it is rare to have an HR manager, because of that training and follow-up is non-existent. Who would be accountable and how could management implement a training routine to make it beneficial and cost effective?
Asked by babydollof4kids - Sat Sep 29 11:11:36 2007 - - 3 Answers - 3 Comments

A. If you're only really asking about training, then it would depend on the size of the business. If there's only about 1 - 10 people, then it would usually be the duty of the owner to train new staff, as he or she would be the person with the most interest in ensuring that everyone knows what they are doing. If you go into 10 - 30 or so staff, you'd probably have an operational or production manager who should take care of training. Most businesses don't fail because of inadequate training though. As you pointed out, it's more about lack of planning. I ran my own small businesses for a few years, and I made sure to only hire people that didn't need any training! Is your concern that businesses fail because of no proper training programs?
Answered by Jger - Sat Sep 29 11:32:40 2007

What steps should a business take to claim legal ownership of work completed by contractors on it's behalf?
Q. If a small business hires either independent contractors or another business to perform work for them, what steps should that business take to make sure that the completed product is legally owned by the business and not the entities or individual employed to create that product? Pointing me to resources on this topic would be greatly appreciated. Thanks!
Asked by rlc_60504 - Sun Jan 10 11:13:07 2010 - - 2 Answers - 0 Comments

A. You definitely need an intellectual property agreement before the work commences. My understanding is that, in the absence of this, the contractor would own the rights to the work regardless of your payment for the work. Whether or not that is true, it makes sense to have one to remove all doubt. Search using terms like "contract programmer intellectual property agreement" (even if the work/product you are talking about is not computer code, because this industry uses them a lot).
Answered by OldJimmy - Sun Jan 10 11:32:09 2010

What's a good business that I can do working from home? Any ideas on starting a business?
Q. My husband is stuck in a terrible job (like half the country!) and he's always wanted to own his own business, but he's not sure of what he wants to do... I was wondering if anyone has ever had their own business, and if so, what do you do? Also, has anyone been successful w/ a business from home? Thanks!
Asked by lucy lu and baby Chloe! - Sat Sep 27 14:36:13 2008 - - 8 Answers - 1 Comments

A. Dear Lucy, My cousin told me about an internet shopping portal and at first I thought I will never join this kind of things but after someone i know actually had his firs direct deposit, i gave it a second thought. Shop To Earn is the fastest growing sales portal on the internet, and a great opportunity for those who want to receive some cash back from online purchases and for referrals too. With an affiliate marketing program with over 500 prestigious companies, you can purchase the things you usually do online such as air tickets, hotels, clothing, entertainment, computers and so much more, but now you have the opportunity to receive points and cash back for all the transactions that you and anyone in your network complete. The hard… [cont.]
Answered by coco16141 - Sat Sep 27 18:06:52 2008

What business credit cards are not attached to my personal credit?
Q. Hello, I am trying to find out how to build my business credit without being attached to my personal credit score. I would like to know if anybody has information regarding what credit cards are available to do this. I would love any free information or links to sites that can tell me how to build my business credit. Thanks!!
Asked by Erick R - Sun Feb 17 21:13:19 2008 - - 7 Answers - 2 Comments

A. People think once they screw up their own personal credit the next thing they can do is have a business and get credit that way but it doesn't work like that. Your personal social security number and credit rating are going to be used to extablish credit when you start out and even well beyond. Added Reality is as a beginning business you are NOT going to go out and secure credit using an unknown/ unestablished business name or identifying number!
Answered by Rebecca - Sun Feb 17 21:17:28 2008

What business field would work best for me?
Q. I need help. I am a senior in high school and I am going to attend college this fall. I need help deciding my major. I know I want to go into business. I'm stuck between marketing, finance and accounting. I have always imagined working in a large sky scarper building, dressed in business attire, traveling, speaking at meeting and possibly traveling. Help me please. Give me details on each.
Asked by ***Nicole*** - Tue Jan 13 10:50:20 2009 - - 2 Answers - 0 Comments

A. TraVerus enables you to run a successful travel business right from the comfort of your home.We want to help you become financially independent by working in the 7 trillion dollar travel industry.There are three ways you can get involved with TraVerus Travel Network: Become an Associate,Become a Referring Travel Consultant,Become a Certified Travel Agent. There is NO other Compensation Plan that we know of that pays this well! Whether you're full-time, part-time, or sitting back referring a handful of people that purchase Traverus Travel products and services. This program can pay off BIG! Traverus members also half awesome member trips which you and your family can travel for less. Check out this website Feel free to message me on… [cont.]
Answered by jbp11 - Thu Jan 15 14:49:26 2009

Does obtaining a business degree mean you have to start your own business?
Q. I've always thought that the meaning of a busniess administration degree is so that an individual can start his/her own business. Is that true? What types of jobs are out there for people who just want to work in a business field?
Asked by theman400 - Thu Mar 25 23:17:09 2010 - - 2 Answers - 0 Comments

A. A business administration degree qualifies you to manage a business that is already up and running, it does not qualify you to own a business. As for types of jobs for people who want to work in a business field, they range from mail room clerks to chairman of the board.
Answered by G N A - Thu Mar 25 23:50:04 2010