The tag has no wiki summary.

learn more… | top users | synonyms

-1
votes
1answer
30 views

Financially Shielded Entity Separating Individuals Behind It From Risks

I recognize that some will get emotional when reading this question because I've asked it with friends and it created some tensions with some of them. I am simply asking from a pragmatic/possible ...
-2
votes
2answers
95 views

What kind of Business is Facebook? is it B2B or B2C or Both? [closed]

I want to know What kind of Business is Facebook? is it B2B or B2C or Both? As facebook is getting money from advertisers for showing their ads on facebook and users freely use facebook and sometimes ...
-1
votes
4answers
130 views

Calculating Pre-Money Valuation for Startup

I have founded a company with investment of $250,000. I have been investing and developing this company for 2 years Company is not in market yet and needs external funding of $200,000 to be ...
1
vote
1answer
127 views

Filling Balance sheet in ITR4 for freelancers

I'm trying to fill ITR 4 for the first time. I'm a salaried professional with a side income from freelancing. I earned around 3 Lacs plus from freelancing. In ITR 4 there is a section - Part A ...
2
votes
1answer
112 views

How can I register a UK business without providing a business address?

If you are a start-up from home and do not have an office yet, how can you register your business on http://www.companieshouse.gov.uk/ without publicly disclosing your personal home address? I know ...
5
votes
1answer
44 views

Small business tax dates, what is “the date” of a job?

I work to a tax year that starts on the 6th of April. I have a number of jobs which before this date are: "in the pipeline" i.e. in my order book work in progress finished not invoiced finished and ...
0
votes
1answer
66 views

financial institution wants share member break down for single member LLC

Due to latest crop of regulations, a particular financial institution is requiring a share member break down for a single-member LLC, an odd step in verification since there is only one share member ...
-1
votes
2answers
51 views

What are the variable costs for an information company?

For a company like GoodGuide, who make their money not by selling a hard product (with investment costs etc) but by selling product placement and business intelligence, what are their variable costs? ...
2
votes
4answers
238 views

What should I consider when I try to invest my money today for a larger immediate income stream that will secure my retirement?

If I only have about a few hundred dollars to invest each month, what are some methods I can use to grow my money long term? I'm willing to take risks if my ROI is substantial. So, if it can start ...
0
votes
1answer
47 views

Where can I find information about the relationship between the owner of a company and its business administrator?

Through the past years, working as a employee, I have managed to save some money and now I want to buy a company. I chose a restaurant, because I already have experience in this area. However, I do ...
3
votes
2answers
120 views

When getting a business loan, does it look better to owe the IRS or the credit card companies?

I am looking to take out a $40,000 loan to buy out my mother's existing business, that is doing quite well. I explained to the loan officer, in a phone conversation, (I have not yet sent in my ...
4
votes
1answer
3k views

How did Bill Gates actually make his money?

This is something that has always made me curious as heck. I don't really understand how corporate system works so please forgive me if the answer is extremely obvious. I realize Microsoft's history, ...
2
votes
3answers
383 views

When to start with year 0 and when with year 1 when calculating NPV?

I am calculating NPV for one investment plan. When should I start the calculation of NPV with year 0 and when with year 1? I know that the year 0 is like the year when the company is just starting up ...
3
votes
1answer
301 views

What does the business term 'blue sky laws' mean? [closed]

I often hear 'blue sky laws' in reference to startup or early level businesses. What does it mean?
7
votes
2answers
849 views

Is business the only way to become a millionaire?

Is starting my own business venture or investing in someone else's business , the only way to get rich ? I am not looking to become rich quick. I am in no hurry. What are the other options available ? ...
1
vote
2answers
962 views

Are there taxes for exchanging goods in a barter transaction?

For example, if I trade someone 10 apples for 10 strawberries, do I or my trading partner need to pay taxes? Do I need to pay taxes if I do business without using officially issued currencies? If ...
0
votes
2answers
76 views

What is a term for a company bank account that has been set up for non-business related expenses?

I'm looking for a financial term that describes a bank account that's been set up by a company for non-business related expenses; travel, hotels, food, etc. Sort of like petty cash, but it could be ...
3
votes
1answer
61 views

How do online referal systems work?

There are sites on the internet which promise to pay money for just referring traffic. How trustworthy these are and what are their sources of income? Are these sites worthwhile to consider for ...
3
votes
1answer
3k views

Tax implications of corporate housing

If my company provides corporate housing for me, am I required to claim the rent amount as income for my personal earnings? And is that taxable income? I'm trying to figure out how I can leverage ...
1
vote
1answer
130 views

Business check MICR strings: why is the check number on the left?

I have always seen the MICR string at the bottom of a personal check have the routing number, then account number, then check number. Why do business checks often have the check number on the left?
6
votes
4answers
1k views

Where do large corporations store their massive amounts of cash?

Apparently Apple has more cash on its books than combined market values of Hewlett-Packard, Dell, Nokia, Yahoo, Sprint Nextel and Research In Motion. Where do companies like Google and Apple keep ...
5
votes
6answers
27k views

How can I deposit a check made out to my business into my personal account?

When I invoiced this company, my invoice specifically said to make it payable to me personally, not my business (since I don't have a business account besides PayPal). Unfortunately, they made it out ...
8
votes
1answer
176 views

How do I keep an S-Corporation open when it has no revenues

I have an S-Corporation using which I used to do consulting work a few years back. Now, the revenues from that corporation has come down to zero. I hate to close it down in case I want to consult ...
2
votes
2answers
111 views

Calculating the cost of waiting longer for money

I'm trying to calculate the cost of waiting 30 extra days to receive money from a customer. Here's the situation: How much would this cost a company per year if a customer pays us in 60 days vs. ...
3
votes
6answers
4k views

What are the options for a 19-year-old college student who only has about $1000?

I was basically wondering what options at the moment a poor student like me would have, if he wants to do his best to accumulate money? I only have about ~$1000 in my savings account, and am a ...
4
votes
3answers
259 views

Why does the stock market consistently overreact to the business cycle?

It's been shown time and time again (e.g. in Stocks for the Long Run) that the most profitable time to buy stocks is when sentiment is poor and that stocks usually recover very quickly at the end of a ...
6
votes
1answer
222 views

UK - Closed Company, Bank has frozen the remaining funds

I recently closed my small business and left a few hundred £s in the business account with Barclays. After receiving notification that the company has been officially struck off, I contacted Barclays ...
2
votes
3answers
396 views

Foreign currency conversion for international visitors to ecommerce web site?

It is really not personal finance question but I haven't found a more appropriate place for it. My question is about currency conversion. Let's imagine I have two prices for one item: Russian shop: ...
9
votes
5answers
453 views

Should I start my own company so I can claim against tax?

I live in the UK and I'm an employed web and mobile phone developer and very occasionally do some work on the side. I've been recently advised by a family member that I should look at starting my own ...
2
votes
2answers
80 views

Company Payment Card

What are the risks of having having a company payment card? Is there any reason to have a card if I can float my expenses until they're reimbursed?
4
votes
1answer
2k views

Contractors: Guideline on what percentage to keep when hiring a SUB-contractor?

My business may be growing past the point beyond which I can no longer handle the jobs alone (yay me!)... If mine is an hourly job, with little to no overhead, and I bring someone on to work the jobs ...
34
votes
4answers
7k views

It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies?

I'm trying to find out about businesses refusing $50 & $100 bills. Aren't they required by law to accept all legal tender? I had one person say it could be that it's not all legal (i.e. a ...
5
votes
1answer
105 views

How much money/time should be re-invested in your own business, as a contractor?

As a contractor, you realize how valuable your time is - but undoubtedly, an investment back into skills update training or in marketing your business is worth the time you would otherwise spend ...