If someone is wiling to donate office space, you would record the fair market value of the space as a donation in kind . You would give the donor a receipt based on the value of the donation. You are required to keep detailed records on all donors, which include name, address, phone number, email, date and amount of donation.
Sunday, August 21, 2011
Can someone donate office space to my 5013c and write it off? If so, how do I report it on my end? -
Is it possible to start a business with $0? -
If you have a good idea you could but your presentation would have to be super. Creating a good presentation without money is possible but perhaps time consuming and a lot of hard work.
why not try the free career success guides?? they helped me out a lot... lol and it doesnt hurt that its FREE.
I am a small business owner and I really doubt that anyone is going to be willing to invest in a business that the owner hasn t invested one penny n2...............doesn t work like that
I am trying to start a wedding and event planning company and I cant think of a name. Any ideas? -
Lasting DreamsSpecial MomentsSay I Do
Hinee Doodle
I want to start an internet cafe in Davao Philippines,? -
Internet Cafes is usually a good start-up business if you know a lot about computers in general and if you have a very good location to build it. I m saying this because internet cafes don t require a lot of investments, and a lot of people who were tempted to enter this business usually didn t even know anything about computers. They just hire a techie guy and depend on him for everything... (this poses a problem if your techie guy cannot be trusted). You have to have a good location, a place where internet cafes are not saturated. Some business owners place it near schools, but as you might expect this may already be a saturated market. I would suggest a place where there is a junction of 2 or more brangays if possible. A cross street perhaps where it is easily accessible.The thing to remember and consider is, only a limited number of internet cafes (around two to three) can be supported by a community with small population. so consider how many internet cafes are near you. if none your e lucky! If by chance you might want to consider other businesses you may find inspiration by visiting http://www.bizeen.com its a community of businesses where you can find suppliers and buyers in the philippines
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