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Question about business

Opening a business and wondering what types of expenses I can write off?
I am opening an online business for website design. (set up as a LLC, I'm the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don't make a certain amount of money in the year that I'm filing.

What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses?

Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me?

Want to increase the sales price of your business by two or three times? Who wouldn’t? Do you realize that of all the businesses that are put on the market, seventy percent of them never sell? Follow these 3 steps and no only will you sell your business but you will increase your sales price at least two or three times.

1. Put in Systems. When people call your business, which answers the phone? Do they say the same thing eac Read more… »

Question about business

What business degree should I study in and where?
I'm planning to get a business degree in the United States but I'm am unsure of what type of business I should major in or even where should i study in.

I'm more of an entrepreneur-minded person and I have look into Business Administration for some time now. I'm more of creative person and I love to challenge new ideas.

I am also looking for a university that offers cheap and reasonable fee and good education with good credibility. I'm currently looking into University of Nebraska but I am also interested in other options.

Thnx

Recent economic meltdown might compel many small business owners to put their businesses for sale. With many layoffs due to the fall of three of the five major US investment banks, Bear Stearns, Lehman Brothers and Merrill Lynch, and other the two remaining banks, Goldman Sachs Group Inc. and Morgan Stanley, under siege, aspiring entrepreneurs will shoot up leading to larger buyer pool. If you were planning to Read more… »

Question about business

How to write a business proposal for selling a at home business?
I have my own wedding and event planning business and I am interested in selling in it. I really want to know the format of a business proposal for selling a business and I would really like to see an example of a business proposal for selling a business (comes with existing advertising and a website). I want a sample so that I can get an idea. Please do not tell me tips. I really would like to see a sample of a proposal for selling a business.

My neighbor asked me, “Why would anyone sell a successful company?”. He could not understand why anyone would leave a business that was doing well. Of course successful companies get sold all the time.

So why do these business owners sell? The short answer is that most closely held businesses sell for human reasons, such as burn out, retirement, illness, partnership disputes, family issues or other personal reasons. Usua Read more… »