Wednesday, July 22, 2009

Financial data in a business plan? -

If we are a tech start up, do we have to have our financial s in our business plan, if so, what does it have to indicate and for how long? Its all assumptions?Thanks

Yes you do if you are looking for investors or applying for a business loan. Most investors/banks will want to know how long it will take to recoup the investment plus the desired profit, so they want to see what your expected expenses, sales and profit/loss will be. Even though a lot of the information will be estimates you need to provide some basis for the estimates in order to determine if they are reasonable. The estimates should as a minimum go until the investment/loan will be repaid.If you are funding the enterprise yourself financial data is not essential but it is still useful to monitor how you are doing compared to how you thought you would do.

How do I un-buy an item on ebay? -

I bought two items on ebay but the site is such now that it will only let you pay with paypal. I don t want to do that, I want to un-purchase them if it s possible. There doesn t seem to be a button or even a link for this and they keep sending me emails telling me that I have items to pay for. I don t want em anymore, how can I get rid of them??

u can try to contact the seller and ask him to cancel the purchase. explain him ur situation and he/she will more than likely will cancel becuase they would rather just put their stuff back up for bidding instead of going thru trouble to try and get their money from u. also, how long has it been since u purchased the stuff. u should have got in contact with the seller as soon as u noticed the paypal thing.

You should have read the terms of the offer for sale before bidding on the item. The vast majority of legitimate eBay sellers accept PayPal only since it s relatively safe for both buyers and sellers. Every item offered for sale on eBay includes the seller s payment options. If it said PayPal Only then that is your only option.You should e-mail the seller and ask him or her to cancel the sale. They will probably hit you with negative feedback (that is public and cannot be hidden) which may make other eBay sellers unwilling to sell to you on any terms in the future. Any repeats of that will get your eBay account canceled.Your offer to buy an item at a certain price is a binding legal contract if your bid is the highest. The TOS on the eBay site all explain this very clearly and concisely. A seller can force you to comply with your end of the contract however unless this is a big-ticket purchase that s unlikely. The fastest way to be blackballed on eBay is to get a reputation for winning bids and then failing to complete the purchase.

basically you can t un buy them, if u read the terms and conditions it states that you are entering a legally binding contract when you bid, that if you win you have to pay. email the seller and tell them your problem with the paypal thing and that you want to cancel the transaction. They seller is within theyre right to report you to ebay for being a non paying bidder

you signed a legal contract to buy that itemand everyone has to pay with paypalthat s the way it worksyou can contact the seller to see if they would let you but they will either file a complaint with ebay or give you negative feedback..why don t use want to use paypal its safer then using your credit cardcause nobody sees your financial informationand if there problem (a dispute) paypal go to bat for you..

you are stuck = you should have read all the details - Paypal is pretty much REQUIRED for all ebay purchases anymore and by bidding on anything, you are entering into a contract - if you don;t pay, you might wind up getting your ebay account closed out forever

Just notify the seller that you re no longer interested. S/he won t ship them unless they receive payment anyway.

you can t offical but you can try and contact the seller, but once you click buy they can/ebay rules to hold you to it

How can I use my eBay bucks? -

I am wondering because my mom wanted me to ask lol.

They are not available for use I beleive until January, per the terms. I understand it that they can be used to purchase anything on ebay!

Going into the music business need help!? -

am starting a record company with a business partner, and in all actuality he is providing most of the monetary support for our work. I on the other hand create 90% of the music we put out and am the creative force behind our projects. I am in the process of coming up with my end of our deal as business partners (i.e. % of the company, what i would want in the event we liquidate etc etc) now my question is how do i make it so that in the unfortunate event of us liquidating the company, do i keep rights to the my created work and still maintain full usuage of the music, i.e. performing selling or distribution thereof the work? and also if there are any recommendations or advice someone can lend me for my situation. my biggest concern is his advantage of having more money than myself. any advice will help.

If you were in the same boat and all of a sudden your hard earned cash was liquidated and the guy walks away with the assets of the business I do not think you would be very happyMoney is king in this economy so split everything 50 / 50 You would not be able to start the business without his supportYou also need to put a value on your time was sweat equity so there s no arguments later to say we did not contributePut into the contract how many unpaid hours you are putting in each month to equal his cash contributionYour input into the business must equal or be more than the money he is putting upwrite down all the what ifs and have an exit strategyput into the contract it is a difficult trading economy and that if it does sour it will not harm your business relationshipwrite good and bad things down that you would be unhappy with and ask him to do the samethis way everything is in the open before you start when you can still discuss things openly

I hate to break it to you but when someone invests in a start up company of any kind the one who puts more cash in usually winds up retaining more ownership in the event of the company folding or liquidating. You should spend the money on an attorney to set this up for you. If this is a company set up where your partner is hoping to participate in the publishing as well as the masters then you should look into making a time limit on his participation rather than co-ownership in perpetuity. Seriously though - spend the money - hire an entertainment lawyer with music business experience.

How can you get paid to sample products? -

I would like to earn some money. If you know of any sites that send you new products (anything appropriate is fine) please list them(:Please don t give me any sites that will scam me. Thanks.

Try this link http://www.freebielist.com/ . You can find there some nice products. Anyway you can try to tap Free Trial Products or something like that to Google and you may find plenty of sites like this one. Good luck :o)

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