Whats the different between insurance and bond for a small general contractor business? -

What s the different between insurance and bond for a small general contractor business?to my situation i m just doing local job no more than 5k per job and what s the best way for me to buy cover?

Insurance is usually to insure your business against accidents like vehicle accidents or if you accidently damage something while on the job etc.Bonds are usually job specific as in perfomance and payment bonds that if for some reason your company doesn t or can t finish the work or don t pay subcontractors the bonds are in place to insure that the job will be finished.They are two completely separate things on some jobs you may be required to have both. You always have to insurance, bonds you get as needed. Usually a bond isn t required unless the contract is over a certain $$ amount but many gov t jobs in the US will require a bond.Insurance usually just takes $$$, bonds your company must meet certain requirements to get some aren t bondable.

Hmm i dont know what the difference is but this might help youhttp://peerfly.com/x/0/384/2613/

Is there a good book out there with advice on how to start a small business? -

My friend and I are starting a Sole Proprietorship, where she does hair and I do makeup. We are both certified professionals. It will be type of business where we contract out weddings and formal events. I want to set up everything for tax purposes and money flow before we start. Any advice?

Go to www.score.org and in the upper left hand corner, enter your zip code. On the next screen, you will find the SCORE chapter nearest you. Call them and arrange for a free meeting with a SCORE counselor.SCORE Counselors to America s Small Business is a nonprofit association dedicated to educating entrepreneurs and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).SCORE was founded in 1964 and is headquartered in Herndon, VA and Washington, DC and has 389 chapters throughout the United States and its territories, with 11,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors. SCORE is America s premier source of free and confidential small business advice for entrepreneurs.

Make sure it is profitable. Take account of all your costs and your salaries. Keep some money in the business if possible. You might need it for stock etc. Make sure you have the right partner.

there are tons of books - go to any book store and look in the business section - also lots of magazines on starting and running businesses

you need a lot of traffic to get the business. try a mall.

go to amazon.com and do a book search

Paypal and how to sell stuff on ebay? -

1.)How do you get signed up for paypal?2.)How do I sell stuff on e bay? I have a bunch of textbooks to sell, and is there hidden fees you have to pay?

The best way for you to find out if you can sign up for Paypal is for you to go to the Paypal official site and see if you fit the requirements to be able to sign up with their program. I do know that you have to have a credit card in order to sign up with them but if you do then it would benefit you a lot to sign up with Paypal becase it is a secure and legitimate name, people trust it and the best part of it is is that you can get your money instantaneously when people click on your Paypal button - the same thing applies if you are using Paypal to accept donations.As far as Ebay goes you (of course) have to sign up with them - but there is no fee to sign up with them. (I should also mention that there isn t a fee to sign up with Paypal either BUT you will pay a fee based on how much money you get - a percentage is taken off as a fee)There is no cost to sign up with Ebay but there will be fees if you decide to list an item and put it up for auction / sale.Ebay has a lot of helpful forums on its site and people who are new to Ebay will see questions (and answers) that will help them learn more abo

Transfer fixed assets into startup business? -

My boyfriend wants to start a business as a heating engineer. I understand that to minimise tax we need to maximise the amount of allowable expenses in relation to the income he receives from customers. But I have a question relating to fixed assets.My boyfriend was previously employed and therefore he owns a fair amount of equipment and stock. How do I bring these items into the business so that I can claim allowances and reduce his taxable profit?Thanks

As far as I am aware you can bring these assets into the business at an appropriate value - ie you cannot claim they are new, but their initial value will be their current second hand price. You can then claim capital allowances and write down the value in the normal way. Because they are not new you will not be able to claim the Annual Investment Allowance (which allows 100% write down of the first ��50,000 a year of new purchases) against them.

Speak to an accountant or contact HMRC and find when they have a free seminar day near you. Those are really good for asking just the sort of question you have put here.If the equipment was bought within 6 months of starting the business, you may be able to claim allowances on it. I think they re allowable.Good luck with the new business!

To be honest its doubtful if he can as these items were purchased BEFORE the business started upAn accountant could help you with this, but you will need to produce the original receipts and these will show that the items were previously purchased and previously used

i think they will ask u about the orginal purchase contract which i think that you dont have it so it would be a problem for u to reduce the tax ,,,, maybe if u can make a fake one ;) but it will illegal but it worth the risk isnt ???

What is you opinion about the overall way that the fast food industry conducted its buisness? -

Hello there,A few enterprising fellows took the business principals that Eli Terry applied to the clock making industry; that Henry Ford applied to the auto making industry. Those business pioneers applied mass production to revolutionize their industries. So much later, a few business pioneers applied the principles of mass production to revolutionize the food industry creating the fast food industry. Later,