Wednesday, April 18, 2012

Are there a lot of business opportunities in Maryland?How is the healthcare? -

How is the cost of living? Is it diverse? Trying to decide whether or not to move to Maryland or Texas? Is the healthcare better in Maryland or Texas? Help!?!

I live in Maryland and it is costy for houses. Although Maryland has VERY good health care. I got surgery at the hopital that they send men from war! It is called Walter Reed. There are many hospitals and free clinics. I hear Texas is nice though weather wise and price wise. I am not sure about the house cost. I just might move to Texas when I am older with my family. Hope I helped and any further questions about Maryland let me know! Email me

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How do I get a tax ID number in south carolina, i am trying to start my own business? -

Yes you can use the IRS site given above.. Or if you need to tal with some one.. look for your local State tax government (South carolina Department of Revenue ) .. they should have a local office in almost each town .. or you can go for www.sctax.orgGood luck with your business,, and have a great day ..

irs website http://www.irs.gov/businesses/small/article/0,,id=102767,00.html good luck with your business. I m starting a business also.

What percentage of ownership should I have in my company? -

I have just recently began a business in California. The business is comprised of 4 individuals: myself, my fiancee, her sister and her brother-in-law. We are trying to come up with a fair percentage of ownership for all parties. The easiest means would be to split the business between the 4 of us, 25% each; however, I believe this would not be the most fair decision. Here is a breakdown of what each of us brings to the table:Myself: Minimal monetary investment. Full-time work commitment. 85% of actual work.Fiancee: Minimal monetary investment. Handles bookkeeping. Minimal work commitment. 10% of actual work.Sister/Brother-in-law: Full monetary investment (8k) and use of garage for office space/inventory space. Minimal work commitment. 5% of actual work.What would be a proper (fair) way to divide ownership percentage? Is there any calculators that can better assist us? I am thinking that 33.3% each would be the best way to divide ownership between Myself, Fiancee, and Sister/Brother-in-law.Any suggestions?

If you are going to start a small business, ownership is typically the result of some company stock purchase. Whoever puts in the money, gets the ownership. The people with the money are taking all lthe risk. 99% chance that this business doesn t last a year and the people p[utting up the cash lose it all. That said, if you are doing the work, you are bringing something to the table. I think you re dreaming if you think that the fiance should have 33%, when she is putting up no money and doing bookkeeping. Get real. Here s what I would do...Sister/Brother-in-law - 100% initially. (They are taking all of the risk, you are taking none)You/fiance - 0% (your time is not worth that much)You take 33% of profits initially. Notice, I said profits, not revenue. When your 33% of profits equals $4000, you buy half of the business from your Sister/Brother-in-law. In my mind, the fiance will be with you and you re ownership intererest is community property. If for some reason, it doesn t work out with the two of you, she will hit the road, and you can find an accounting firm. When you own 50% of the business, you can take 50% of profits. It would probably also be fair to get some sort of commision on top, but that s something to negotiate with the sister/brother-in-law. Have fun.

You need to project realistic cash flow so that you have an idea of what kind of profits are going to be coming in. Arrange the percentages so that the financier (your in-laws) have a realistic hope of recouping their investment within 5 years or less. You and your fiancee split the rest. You may want to put in some options to give you the opportunity to buy more equity later, after you ve saved up some money.

Think of it this way they have all the money invested so they re feeding the company while your working with it, technically without them there is no company, without you theres a company, except it does nothing. So 25% each (or 50% to them) seems fair to me.

give them 50% of the profit until they recieve 150% of their initial investment.

more than others

With the information you have given, I would say is your Sister and her husband own the business 100%. Do you bring any skill that only you can provide? Do you have a patent in your name that is part of the business? Did you have an arrangement when you started that you would have an equity position in the company? Does everyone draw a salary? How and when will the start-up money be repaid? Unless you agreed in the beginning that your work effort would somehow be compensated for by something other than a paycheck I think you need to do that now. Remember that unless you can get the money somewhere else you really have no bargaining leverage.

Does anyone know genuine work from home to earn cash? -

You can only obtain legitimate work from home positions from brick and mortar companies. You want to send your resume out to companies hiring for positions you are qualified for, but include in your resume that you have a home office and you wish to work remotely. Include how you have your home office set up and what equipment you already have in order for you to perform your job. These jobs are just going to advertised as jobs, they would not promote them as work at home because they would hear from too many unqualified people.

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When you hear this phrase, what is your interpretation of it ? -

Large businesses need to be small at the same time

To me that means:That small business tend to give customers more personal service.They often remember that their customers names and that without the customers their business would never exist.They put the customer first, and the customer is always right./

Large businesses need to have a small business feel. But the way you said it sounds kind of weird. If I saw this on a commercial I would think it sounded stupid.

What are the laws and rules to export from China? what are the requirements should be applied in the importer? -

If I am Egyptian and I like to import good computer accessories and items from China with cheap prices and sell them in Egypt with good prices .. what I should do?what are the conditions should be applied on me? Is it a must to be a big computer company or I can do even I am a small one? what is the minimum amount of money needed? what are the procedures and rules required? Is this process done smoothly or some bribes should be paid?I hope I get an answer from an expert or a person who did that or had experience on that matter ..Thanks in Advance :-)

Dear, I Suggest you http://ebiznus.com/ for this.Best of luck and keep using answers.yahoo.com.

Can I Start a Used Car Dealership In One State? -

Im thinking about start the dealership in a state where I do not live but will possibly make the transactions from my residing state. Do I follow the laws as far as tax, etc from the state that the business is located or the my residing state?

I believe you follow the laws as to where the business is physically located.

it will be a tough job for you to sell the cars from the other state because it would take a lot work to be done in the paper like transfer of insurance n payment of taxes in the state, where u r residing. if u get the clearance of the insurance and other paper works . then it is possible.

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