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Most Recent Questions

Question added to topic Grow Your BusinessJanuary 12, 2011

Should I Start a Business Despite Heavy Personal Debt?

The answer to your question really depends on your specific situation and how much research and preparation you have already done to determine the viability of the venture. If you simply just have... (more)
Question added to topic Grow Your BusinessJanuary 12, 2011

How Do I Find Partners or Investors for My Business?

You may want to explore the viability of partnering with an angel investor or an investment group such as a venture-capital firm. These types of investors can offer industry expertise and a strong... (more)
Question added to topic Legal Basics For StartupsJanuary 12, 2011

Do I need an occupational license to work from home?

Whether you need an occupational license depends on the nature of the work you'll be doing from home. If you're providing general office services, such as bookkeeping, graphic design or virtual... (more)
Question added to topic Legal Basics For StartupsJanuary 11, 2011

My subcontractor has stopped coming into work, what are my options?

One of the problems that can arise with subcontractors is not screening them carefully beforehand. From your description, you have another layer of complication: While you... (more)
Question added to topic Legal Basics For StartupsJanuary 10, 2011

What are my rights if I leave my family business?

If you are an owner of a business and are not happy about the way it's being run, you have several options: - Offer to buy out the other owners so that you can stay on board. - Make an offer... (more)
Question added to topic Legal Basics For StartupsJanuary 7, 2011

Do I need an actual address for my business?

Depending on the rules of your local county clerk, UPS stores can suffice as a place to receive mail, provided they'll accept service of process on your behalf (that includes official notices from... (more)
Question added to topic MoneyDecember 28, 2010

How do I find market research for my business plan?

A doggy daycare business sounds like a fun and fast growing venture. I performed preliminary market research online to get a sense of the opportunity and will share my findings with you below.... (more)
Question added to topic Human ResourcesDecember 27, 2010

Can I pay my employees their standard rate for working on a holiday?

Let's start with the full-time employee. You only need to pay at his standard hourly rate on a holiday, unless working on that holiday will constitute him working more than 40 hours in that... (more)
Question added to topic MoneyDecember 23, 2010

Does the IRS accept scanned receipts for tax write-offs?

You sure can scan your receipts and throw away the originals. Most taxpayers don't realize it but the IRS has actually accepted scanned receipts as far back as 1997. The rule that supports... (more)
Question added to topic MoneyDecember 22, 2010

How can I get small-business grants?

Congratulations on the paintball venture. I think that is something everyone can enjoy. Now to the tough part -- funding the launch and operations of the business. Small business grants can be... (more)
Question added to topic Grow Your BusinessDecember 21, 2010

how to get government grants to start small construction company

Congratulations on the construction company and your timing. America appears to be slowly crawling out of the recession and new construction is coming back to life. Many entrepreneurs are... (more)
Question added to topic Human ResourcesDecember 21, 2010

How can I find affordable health insurance for my employees?

There is no one source -- you really have to shop around. I recommend calling other small businesses. You could ask members of your local chamber of commerce for advice. Most often, people are... (more)
Question added to topic FranchisesDecember 21, 2010

Is my business suitable for franchising?

There are three quick and dirty tests for whether or not a business might be a candidate for franchising: 1. Is it a good moneymaker? The old rule of thumb is that the franchise company is going... (more)
Question added to topic FranchisesDecember 20, 2010

Why do so many franchises fail?

There are three main reasons why new franchises fail. Avoid these and you'll greatly increase your chances for success. 1. Capital Issues The classic blunder for anyone entering a new... (more)
Question added to topic FranchisesDecember 20, 2010

As a potential franchisee, what do I need to know about franchise fees?

There are commonly two types of franchise fees that companies charge to a franchisee entering their business. The first is the initial franchise fee and the second is the ongoing franchisee fee... (more)
Question added to topic Human ResourcesDecember 20, 2010

A New Hire is Sick and Can No Longer Work. Help!

If you have more than 15 employees, you are subject to the Americans with Disabilities Act or ADA Amendment Act. If this individual's malady is of a potentially long-term nature, she might qualify... (more)
Question added to topic FranchisesDecember 17, 2010

How can I finance my franchise?

It's a tough market to find any sort of financing, but for new business startup funds, it is next to impossible. The secret to success seems to be one of three things: 1. If you have... (more)
Question added to topic Human ResourcesDecember 16, 2010

How can I recruit quality employees?

Without any information on what kind of business you operate, I can only respond in the most general of terms. You should start by putting together a functional organization chart of the areas of... (more)
Question added to topic MoneyDecember 15, 2010

What's the best way for a startup to handle taxes?

It is understandable for a startup to be cost conscious when it comes to expenses such as tax preparation. Entrepreneurs would rather use their limited capital towards spending that results in more... (more)
Question added to topic Human ResourcesDecember 13, 2010

How can I reduce my employees' benefits?

An employer has the right to change benefits whenever she pleases, unless the company has specific employment contracts in place with employees guaranteeing them specific benefits for a particular... (more)
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