Sunday, August 7, 2011

Can officers of my newly created s corp be opted out from payroll? -

my just created a new s corp and elected 2 officers. is it mandatory by law to run their payroll? can something be done about that? they are just helping voluntarily.

They don t necessarily have to be paid - it s not mandatory. But if they re doing something useful and devoting a significant amount of time to the company, you may want to consider doing something for them - maybe some kind of deferred payroll arrangement so they get paid in the future when the company has money. If they aren t compensated for their work, either now or in the future, this can lead to resentment and disagreements within the company - something that you certainly don t want to happen. - CPA

No, they don t necessarily have to be paid - it s not mandatory. But if they re doing something useful and devoting a significant amount of time to the company, you may want to consider doing something for them - maybe some kind of deferred payroll arrangement so they get paid in the future when the company has money. If they aren t compensated for their work, either now or in the future, this can lead to resentment and disagreements within the company - something that you certainly don t want to happen.

What is a job prospect? -

for my career essay and it asked me for some job prospects for culinary arts

A prospect would be any person or company who is potentially interested in your services, like restaurants and catering companies. Hotels need chefs too. I suppose that there are some very wealthy individuals out there (Bill Gates for example), who have their own personal chef. So, technically speaking, those individuals are job prospects as well. Look at all the cooking shows on TV - all of those shows need a back-up/support kitchen staff - yet another category of job prospects for a culinary arts person.

Can anyone give some advice on starting a business? -

I m 20 years old and im very keen on starting my own business, i ve always wanted to be a photographer and i do have experience in the field but i have no clue how to start up my own business, would really appreciate some advice!

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Just Do it - the famous Nike quote...... If you set around thinking about it or getting prepared to do it you will never accomplish anything. Doing it you will learn from your mistakes so get out there and start taking photographs and sell them online. There are ton s of sites that will sell them for you. There are ton s of books on how to start your own photography business.

SBDC which is the Small Business Development Center. They will probably be connected with an college and or Chamber of Commerce in your area. They are run through US Small Business Administration (SBA)Another group is SCORE also through SBA, are retired business executives that can assist as well.

Can you expand on this? What you are taking pictures of would determine the route you take. Wedding photos and National Geographic photographers would not start out the same way.

Starting clothing business.? -

hello everyone, please i would love to know places in the UK and America were I can get trendy cloths and shoes for young people and adult at wholesale prices?and what are the pros and cons of starting a business like this?thanks.

.. Ok.. Depends on your location first.. (High traffic location is a must for clothing business).. what will be your specialty ?? adult / females/ males/ or everything ??.. it will cost you alot much if you get everything at once as a start.. and you would not have the nice variety for each devision you want .. If you are looking to sell Adult and young people, clothes and Shoes.... you are looking for $70,000.00 at least to make a decent start, and decent startup push profit.. or customers base.. If you look for specialty first , as women clothes, or men, or kids, it would be better to concentrate and make good name for your start, with less money damage if it turns out to be something else. plus the rest of the other $75,000 you would save for back-up plan, advertisment, etc.... there is many places.. yet the quality, and the shipping prices will make the difference.. what you will need to think before start :- 1- Location, Location, Location.............. high traffic with $5,000.00 better than away location with $1,000.00 rent, etc... 2- what will be your basic main customers ?? Young adults?? teens ?? working women ?? etc..... 3- You look for everything to have at once is very bad for your budget, (Except if you have at least $150,000.00 ) yes i m serious.. You can start small (Not actually small) with $30,000 and you specified only with women trendy clothes you will have a decent collection which can cover a store of (3000 feet / 1000 Meters).. Yet there is plenty of other factors as well.. and there is seasonal items and clothes, etc...... Need any help, will be more than glad.. Actually we have now pallets of (100pcs- 500pcs each) at a decent prices, as we are wholesalers and stores.. and we need to rennovate our stock each campaign (2months).. so contact me if you are interested and will send you some photo s and site access,,.. or if you only have additional questions.. Good luck, and have a great day ..

You dont need to have pc knowledge, you can advertise on www.paganshop1.com as they have free classified space and you can put all of your info on there, dont forget to put all the details you need so customers will find you. Report Abuse

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