Commercial Auction Moving? -

my dad is into the moving business and he told me that a friend told him that there is this thing where big companies list their their things that they need to move and then they put it on some kind of an auction and the guy with the cheapest price wins is this true? i asked him if he ever saw such a thing he said no i then asked if his friend saw something like that he said no but he said his friend heard it somewhere(i think this is stupid and he has no proof what so ever) if it is true can u post me the link for the web or tell me where i can find it, cause when i look in good nothing comes up

It is the same theory used in government bidding for jobs. When the state needs a new bridge built or other items made, they announce the job, the legal requirements for the bidders, and the deadline to submit a bid. The bids are received sealed and are not opened until the deadline has past. The lowest bid wins the contract.Now, I have no specifics for the case you described; but it is a common way for companies to receive bids on work to be done.

I want to start my own coffee shop business, but I have a lot of questions!? -

1) Do you need a college degree to do start your own local coffee shop?2) How old do you have to be to start it?3) How much could I make a year if I m successful?4) What all do you need to know?

You will not need a college degree, though some business classes may be helpful, you will need to be at least 18 years old to sign contracts legally (such as leasing a space). Knowledge of coffee will probably be good, and you can make rough estimates of what your projected profits would be the first year. You should also look into incorporating or forming an LLC so that you are not personally liable in case the business goes under.

You need to know the answers to all these and more before you think about starting your business. Age, college degree are not what will stop you. What will stop you or make your business a failure is a failure to develop a solid business plan with realistic sales projections, details of the business, funding and financial modeling, hiring, employee handbook, etc. These are just a few to start with. Plan in detail now or fail later. I wish you all the best. Good luck

Tech Support Business Status? -

I have started a tech support business and had an idea. I want to be able to make a link on my website (not created yet) and have it link to page where my customers can view the status of their computer as I work on it. What is the EASIEST way to do this? Thanks in advance

I have a website it s easy. It s called a hyperlink (google it) I call it the ability to make any word clickable it sends you to that page that you created with the status update on it. Good luck.

Yes, so a tech support business just have an idea.

Will quickbooks take money out of my bank account if i record an expense? -

Alright, i m running a little side business and I downloaded quickbooks free to keep everything straight. However, I gave them my bank account number and added an expense because I owe something out. They ve deducted it from my bank account balance on quickbooks and i m just curious as to if they could access my bank account and actually take the money out. thanks!

well yes they can but it cannot happen without you setting it up. log in to your bank account to see if there is a transaction there.

Generally no unless you are using thier bill pay system.Just entering your bank account information does not put this into effect. The check register on Quickbooks is supposed to mimic what is happening with your real life bank account. The theory is if you pay a bill, you enter it into quickbooks as well, then you always have a track record and can see your available balance.

Business entrepreneurship....? -

Why is a high rate of inflation generally considered harmful to an economy?

Lets define inflation in simple terms; inflation is : when you have LOTS of money that is following fewer goods. and that will mean the goods are overpriced .another cause , Inflation Decreases the Purchasing power of money.Example ; 5 years ago i used to buy a 1 litre bottle of water for 1 us $ . assuming inflation happened, My 1 US $ today cannot buy me a .5 litre bottle of water.when there are high rates of inflation , Real interest rates decrease according to the following formula:Nominal Inerest rate = Real Interest rate + Inflation rateNominal interest rate : is the rates that are inflation adjusted Real interest : the actual yield (return)when inflation increases real interest decreases in order to maintain the nominal interest rateExample , Let us assume I am a bank (Lender) , i am lending at 7% ; my yield is 7% this also means real interest is 7%.you borrowed from me at a cost of 7%there is no inflation here, so according to the formulaNominal IR(7)= Real Interest (7) + inflation (0)lets say there is 3% inflation observe what happens to my yeild (real interest rate)Nominal Rate = Real Interest rate + inflation7% = 4% + 3%right now i the bank am losing 3%