Tuesday, June 15, 2010

If you were to create a business what would type would it be? -

No detail, just bored xD. What would you sell? Need some ideas, brainstorming a list for a project.

Yes, you just create a business. I guess creating a business simply the way it is

it would be a restaurant.i don t care about money but cooking is ur passtime so it would be awesome to have a restaurant.(acutaly, my husband already owns one)

I would open up a gun shop with a shooting range So people can try out their rifles, sort of like a test drive before they buy. That would also be in my slogan. Come test drive your new rifle.

im starting up an ironing business so thats mine although i already have a business and im 16 and thats selling stuff online (jewellery)

Starting a new small business- What type of things do i need to include in a partnership agreement? -

my friend and i are going to start a small personal training business together. as i understand we need to right up a partnership agreement.what things do we need to include in it?any hints?thank you

Asnyc05 has some great points for the partnership agreement.As for the business entity, this is the type of business you will form.Here is a list of the different types of business you can form:Sole proprietorshipPartnershipsCorporationsS-CorporationsLLC or a Limited Liability CorporationEach one has different requirements and different levels of protection for yourself.Below is a link to the IRS website which goes more into detail for each business structure.http://www.irs.gov/businesses/small/arti��

The obvious answer is have a lawyer (preferrably), or someone legally capable draft up the agreement.But things to be aware of would include (non-exhaustive list):- Name and address of the business- Nature of the business- Length of the partnership (5yrs, 10 yrs?)- Capital contribution (how much will you each contribute)- Ownership percentages (usually just prorata of contribution)- Division of profit and losses (usually you ll put in a schedule, at the most basic level, it is just prorata your ownership)- Salaries and withdrawals, if any- Goveranance (very important - how will you share/distribute authority? will your partner need your consent to bring on another partner? what kind of decisions (monetary, operating, etc.) can each partner make with and without the other s approval)- Disputes (will you arbitrate or litigate)- Death of a partner or partner withdraws his/her partnership- Causes for termination- Liability recourse?- Representations and warranties (stuff like I, understand that while a partner here I cannot engage in the sale of say, third party fitness products, etc.etc , will not willfully harm the business... )- Non-compete (if you have any intellectual, say a client list - you want to make sure that your partner cannot poach your clients or other intellectual property after s/he leaves - the terms are usually anywhere from a few months to a few yrs)

You didn t indicate what type of business entity you plan to register, but I recommend that you look at an LLC if you haven t already. It has significant advantages as far as protecting your personal assets from any business liabilities.

Monday, June 14, 2010

Is amway a waste of money? -

When you join the Amway Global business, you join a community of other Independent Business Owners (IBOs) who share your desire to achieve personal goals through a business of your own. This group of IBOs will provide business guidance based on personal experiences.A compelling aspect of the Amway Global business is the Line of Sponsorship (LOS). When you register a new IBO, you are their sponsor. The person who introduced you to Amway Global is your sponsor. This Line of Sponsorship is important to the calculation of bonuses based on business volume generated by IBOs in the LOS.Success as an IBO can help others in your LOS achieve their goals, too, since they may earn bonuses based on your volume, just as you will be rewarded for helping others generate product sales. Amway Global IBOs achieve when they help others achieve. So, while you might be in business for yourself, you re not in business by yourself. You ve got help right in your LOS.Why You?What do you want out of life? There are as many different reasons to be in this business as there are Amway Global Independent Business Owners (IBOs). An Amway Global business can help with those tuition bills. It can help reshape your work week. It can help you build a future for your family. It s your life, and Amway Global can help you build your own business - the way you want it.In Business For Yourself, Not By YourselfWhether you re a new Independent Business Owner (IBO) or someone who s been in the business for 20 years, you ll be supported at all levels by the IBO organization you were sponsored into as well as by Amway Global. Together, we have the infrastructure and resources to help.Amway Global provides you with support like:* Customer care: If you have a question about anything - like registration, renewal, business, or product information - our Customer Care Associates can help you.* Business management: You can manage your business, check customer volume, order products, and renew your business, all at Amway Global.com.* Order management: You sell the products, and we ll do the rest, like process the order, manage your customer accounts, and handle the shipping details.* Training: Online, video, and instructor-led training are some of the ways we can share with you the knowledge to grow a successful independent business.* Marketing: We support your sales efforts with DVDs, online sites, magazines, brochures, and free websites you can personalize. And we help build awareness of your products and brands with national advertising, promotions, and event sponsorship.PLUS: The IBO organization you may become involved in also provides training and motivation in the field. You may be offered Business Support Materials (BSMs) that are independent of Amway Global, including DVDs, CDs, books, websites, seminars and business conventions. Many IBOs find these BSMs useful as they build their businesses, but they are completely optional, so it s your decision. Just so you know, some IBOs earn income from the sale of these BSMs apart from their earnings through the Amway Global IBO Compensation Plan.No one may pressure you to buy or use BSMs. Whether or not you purchase these materials, your sponsoring IBO is still obliged to provide you with training and support. Your own good judgment should guide you in deciding what is best for your independent business, considering among other things the cost, benefit, and time commitment associated with the purchase and use of BSMs.An Industry LeaderBack in the 1950s, Rich DeVos and Jay Van Andel were sales reps for a vitamin company called Nutrilite?. They envisioned an even better sales and marketing plan, however, and created a little company called Amway to set it into motion. Working with a core group of Independent Business Owners (IBOs), they provided a new opportunity to people in the U.S., Canada, and, today, more than 3 million entrepreneurs around the world.In 1999, Quixtar was launched to combine the best aspects of Amway with the power and convenience of the internet. Three years later it became the company��s exclusive opportunity in those markets. Now, Quixtar North America is making a transition to the Amway Global? brand to leverage the power of the $6.8-billion business Rich and Jay built.The business opportunity we support features:* An industry-leading compensation plan.* High-quality products.* Experienced support from an industry leader.* The community and support you receive from other IBOs.At Amway Global, we believe that the proper use and management of the earth��s resources are the responsibilities of industry and individuals alike. After all, alone we can do so little �C together, we can do so much. Learn more about our environmental stewardship.Amway Global* is the number-one online retailer in the Health Beauty category based on sales, and 22nd among all e-commerce sites,

it most likely will be unless you are your upline/team leader. do some research online. don t read the copy and pasted text these brain washed IBO s give you.

Depends, exactly what are you looking for with Amway?

in my opiniin yes

Sunday, June 13, 2010

How can I get an NRI loan for setting-up a packaging industry in Assam, India ? -

Please tell me how to start with ?

I am Love Presley and i saw your question about needing a loan,In the internet they are a lot of scams out there.I decided to answer your question to prevent you being scammed. I got a loan of $200,000 from an agency online and i was lucky not be scammed. Contact them at innocentfinanceloanfirm@yahoo.com interest rate of .2% is simply great.they use a yahoo email account on our request because its makes contacting them easier

Utilise the Services of a Financial consultant who will be able to meet your requirements.Release a small display ad in Eco times and other dailies and await the outcome.Tap the Fund managers who will also assist you.If you have a ready project report than send it to SBI NRI section and see what they have to suggest.In case you have an existing Bank connection abroad where you currently reside than approach the said Bank to give you recommendations with their counterparts in India to assist you.

Sorry my friend u cannot avail loan to start business if u r an NRI.

Others like Virtual Hairdresser? -

Does anyone know whether there are other simulations such as virtual barbershop? I loved it so much

Hi - Do you mean something like The Hair Styler?http://www.thehairstyler,com

Can a social networking site sell for $900? -

Would a social networking site sell for $900?If Yes why?If No why not?Were could i sell it for that price?

Didn t MySpace selll for a few hundred million, I think it did, Yahoo! was bought buy Microsoft or they are still in talks,@8 a share, that is a few hundred million, FaceBook was sold for a few coins. $900 is a cheap one by todays standards.Yes if it has 10,000 subscribers or more.No if all the subscribers are just one troll that lives under the bridge in Brooklyn.

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