Monday, June 15, 2009

Is it possible to file a dba but hold off starting a business until a later date? -

Already spent the money but for financially reasons can t start until later. Do I have to pay taxes/get a business license for not doing anything for the past few months? I don t want to cancel it.

You have set it up and not begin to operate it yet - When you open the door and start doing business you are dba for all income that isderived from that point. If no income has been generated from business then notaxes would be due. The key is when you open the door and actually start sellingsomething. The business license is usually issued on estimated sales the first yearand you should get this a reasonable time before you open.

I m not sure if this varies by state, so I am answering for Florida.No. As long as you tax id number doesn t show any activity in the IRS database (i.e. depositing checks written to your DBA, getting a bank account, applying for tax exempt status, applying with D.O.R. (dep of revenue) to charge sales tax, another person/business making a write-off to your DBA, etc..) then you have nothing to worry about. As for your business license: You are not required to obtain a business license unless you plan on doing business. You can t open a bank account, or charge sales tax without a business license so I guess that kills 2 birds with 1 stone.Hundreds of people do exactly what you are doing right now, my wife is one of them. You won t have to pay any taxes because you have no income to claim (from your DBA). Also, hundreds of business will shut their doors LONG before their DBA status expires, so while I can t show you any facts, it s obvious that a DBA license is not obgliated to be constantly tethered to an annual federal income tax record nor an annual business license (aka business tax).

Anyone looking to make some money? -

anyone in the fayetteville or surrounding areas who is looking to make an extra $50-100 a week by driving people to and from work ( the house of reaford) in reaford nc and realibile

You can try a completely free home based online business.

I think Adsense is better to newbies. Except that Doing Freelancer jobs , Reviewing websites, Doing social networking can earn money easily. For more info.... http://work4mhomeonlinejobs.blogspot.com/

how u doing i was interested in driving people to the house of reaford...how can i go about getting to do that..u can mail me back or call me...910 578-4390...Chris thanx

omg i went to fayetville, nc this summer it was a very nice and relaxing place.wish i could but i dont drivemy aunt lives there though wonder if she would wanna try it

no

If two machines are being run in a 39.5 hr week that gives 79hrs machine time!? -

One employee running the two machines how many actual hours is producing?

These machines will be at least partially automated, the employees working hours should be based on what they are doing; fixing jams, loading/unloading and other tasks. It s quite normal to be running several (for example 5 machines) at one time, it depends on the level of automation.

It s your business.

Should I charge a deposit for my home daycare? -

I am thinking of charging a deposit because it will help me with the first few weeks of groceries, and also cover damages that are caused in my home due to having the daycare. So, how much should I charge? I was thinking of 50% of the entire first weeks pay, but it really isn t much and since everyone will have different amounts it will get confusing. So, I was thinking maybe 100 dollars for everyone? Is that too much? Or should I just say 75 for everyone?

Hello there,What are the trade practices in your area? Have you checked to with other licensed day care providers to see what their practice is regarding deposits. If deposits are common place for this type of business in that area, say to minimize losses for failure to pay, then you can safely do so without disturbing your business.I understand your situation, you started this business without adequate start up capital and are will face a cash crunch. That is not necessarily your clients problem. If this is not a common practice in your area, you are sending up a red flag that your business does not have adequate capital to operate. It will make your customers wonder where else you may have to cut corners in order to keep your business going. That may be enough of concern to your clients to lose business.I would do some serious research before I jumped into a conclusion on this matter.Later,

I would charge at least 1 full week as a deposit for every client. My mother s done daycare for the past 26 years, and you d be shocked at the parents who will suddenly stop daycare (despite the required 2 week notice). This way, if they give you a two-weeks notice when they no longer require your services, you can use the deposit as their last week s pay. Plus, if they don t give notice, at least you ll have one week s pay. Another thing that s recommended is having them pay 1 week in advance, again to protect you from not getting paid. This won t work if you charge by the hour, but if you have a flat part-time or full-time fee, this is a great option.

One strategy is to provide a benefit for early payment. So, if you would typically bill on a weekly basis, allowing people to deposit with you an amount that would cover a month s services and giving them a 5% discount for prepayment helps you with cash flow as well as cutting their expenses. You would need to make clear how much of the prepayment would be refundable, and with what notice.

I have a business and I need help.? -

I have a couple of 26 trucks that need to have my business logo on them, but I don t have the money to paint. I was wondering if anyone had any input/ideas on this situation. Thank you.

without any money for paint I would think you have no money for all substitute ways either. So find a graphics company that uses trucks for their needs and trade them out. Your services for theirs.

Look into vinyl decals. They will lst 5 or so years and are way less expensive than painting, or you can also look into body wraps. They are also vinyl that wraps the entire truck with your logo.

Consider getting a magnetic sign for the door of your truck s cabs. That would be cheaper than painting a whole truck. If you are looking for money, there isn t any except what s in your pocket, bank account, or credit card.

Perhaps you could hire a spray paint artist, someone who could help you come up with a cool design and then paint it for you cheaper than a professional service.

H2O Just Add Water Mermaid Tails? -

I ve been doing some special effects work like masks and stuff for some local people around my town and i had someone come up to me and asked me to make teme a mermaid tail like the ones on H2O Just Add Water i have a general idea of the design but i dont know what to make it with it also has to be swimmable if some one could help me that would be great :)Sorry didnt know what catagory to put in :)

Tell them the best trademark mermaid and mermen tails (even mermaids for events) are at mertailor.com you can see all the videos online on youtube of their work beautiful tails swimming underwater.

Cost to start a bakery in Time Square? -

I am doing a project for my business class, and I need to know how much would it cost to purchase or lease a space in Time Square, And what is the average cost of utilities for a month? And how much business do you think we would get in one day? I m not from there so I don t know what to expect.

Ha..well I live outside of Times Square and a dinky bakery costs $10,000+ per month. Times Square, I guarantee, is over $40,000 a month. I PROMISE YOU.

Is a virtual assistant worth the money? -

Trying to keep costs to a minimum causes a lot of stress when I have to be everything to everyone. Is it worth the investment to use a virtual assistant to help bear the load?

Ditto everything that Kevin said. But I want to address the merits of a virtual assistant. I had a technology assistant for several years and I hired her for many of the reasons Kevin pointed out. I wanted to focus my energy on writing, speaking, and teaching -- three things that take a lot of time and required me to travel often. But in order to keep the new opportunities coming in, I also needed to make sure that my online presence was top notch and that I was ahead of the curve on all the technology people are using in my field, things I didn t have a lot of time to work on. So I decided to hire someone to both take care of certain functions (updating my website, for example, which is a tedious chore), but also to train me in others so that I would never be in a position where I couldn t do something myself if need be. The person I found happened to live across the country (I m in New York; she s in San Francisco). And since the tasks we were working on didn t require us to be in the same room, it made sense to work together virtually. The virtual arrangement also worked well because I live at home and don t always want someone with me in my apartment. One piece of advice if you do work with a virtual assistant: have clear expectations and communications around when you expect the person to be available. I also found it helpful to have occasional in-person meetings to deepen the relationship.

Virtual or not, when to hire help is one of the hot-button questions for any small company. The temptation, of course, is to do most if not all activities yourself to save money and pour the funds back into growing the business. There are two big problems with trying to do everything yourself:First, the business starts to own you instead of the other way around. It s easy for entrepreneurs to feel severely out of balance, with their families and social relationships relegated to also-ran status. Nothing can cripple a business faster than resentment from the rest of the family -- and of course the risk to your family structure is left unsaid.Second, there is the playing to your strengths question. Frankly, most people aren t particularly good at everything. We all have areas we are passionate about and tend to be better at those. I love to write, so that s not a chore for me; as a result, I do it well. But I hate to do spreadsheets; and as a result, I do them poorly.So, I encourage entrepreneurs to recognize their areas of strength -- i.e., face-to-face sales, customer service, finance, planning. Then make another list of areas you aren t good at, and look for ways to outsource at least a few of those to others who have built businesses around those places where you are weak. Others will do the work better, more efficiently, and you will have more time for your stronger attributes. It may seem wasteful at first, but I can just about guarantee it will pay off both professionally and personally.

that depends, is your website online? and, what would you need a virtual assistant to do for your business? and, what did you intend to pay them?

>>>

 

Home Posts RSS Comments RSS