Finance & Business Question and Answers

business owners; how much time did it run you to start making a profit??


Question:


Answer:
Depends type of business. I own a real estate rental company, and made profits the first month. I am currently starting a brokerage business which I expect to trademark profits in 4 months. Some busines cart 8-12 months others take 2 years. All depends on business, and owners marketing skills. Best of luck!
The average time earlier seeing a profit is 3-7 years.
depends what your business is. . . . . . .
about 2 yrs
After I sold the first 5 eighths I be ahead - from there I could any smoke the profit - or - keep selling it.
If you've found a correct niche, then you should see money in a couple months.

I made money within the first 2 days.

Find a fitting niche.. and you'll find good money.
it depends on what business you are into.

With my mini grocery store, it took me 1 month to gain profits
Most business owners don't form a profit for at least the first year and some amount at least three years to rest economically from start-up costs. Smart business owners will generally start small and invest merely when they know their product or service is going to be successful economically and generate a profit from the very start.

Look here for specific examples: http://www.sba.gov/
My first business started to turn a profit after nearly 2 years but ultimately failed. Be sure you hold a good business plan and modest financing.
That's got to depend on what business you're within and how successful you are. I started in March and am still nowhere hard by covering costs, but it's a high-profit field and I'm cheerful.
With my eBay business, it took 3 days to make profit. Many business owners will make clear to you 3 - 7 years but they are scarred from have a "job" and not a business so it's careful who you lift your advice from.
Someone near 30 years experience is often duplicate person who have 1 years experience, 30 times.
In this day and age, things may own changed but fundamentals are the same. Don't hang on to chasing the next bright and shiny idea and focus on what your ultimate dream is...and how you want to live. THen create a business system that allows you to have ample cashflow to fund your lifestyle. Get your business right and then you can do anything you want!
I have my own business online I work at home it can clutch as little as 1 day to procure profit check it out.




My Canadian stamp have a P on it for Permanant, what does that tight-fisted?


Question:
Theres no money value number on it. Postage is 52 cents, I dont know how much my stamp is worth or if I necessitate to put one or two on the letter

Answer:
The PERMANENTTM stamp will be standard at the basic domestic Lettermail rate and replaces subsequent year's 52c domestic rate definitive stamps. The PERMANENT stamp will eliminate the requirement to purchase 1c stamps after a rate increase, doing away with the stipulation for Canadians to worry in the region of 'using up' postage stamps before a rate increase take effect.

You can read more about it at the Canada Post: http://www.canadapost.ca/personal/corpor...
Those are the fresh permanent stamps. Just stick it on your epistle.

http://www.rpsc.org/canadapost.htm...
They have changed stamps because it be costing too much to print one or two cent ones. So now if it is a canadian stamp it will be worth doesn`t matter what the current value of a first class canadian stamp is at.




In front of my boss adjectives the time i m bashful how can i come out from this?


Question:
I m a Semi Qualified Chartered accountant working with a reputed Indian Company as a Contractual staff. i m First time surrounded by corporate Sector.

Answer:
Hi Vish,

Be bold man. The very reality that you are a contractual staff is the reason for your jitters. Just sit relaxed contained by your favourte place and try to analyse why you feel anxious in front of your boss. You will bring the answer by your self. When you know Why you will know how to over come them. Just find out the joy of discovering your self.

correct luck.
Nothing to be nervous in the order of.if you couldn't do the job, you wouldn't be in attendance to begin near. Give yourself more credityour boss/company gave you creditthey give you a job.
First of adjectives YOU have 2 start belevin contained by urself. so what if ur not fully qualified??? the important entity is that u should be confident in what ur doin and most importantly confident within YOURSELF and thats all that matter.
if ur an intelligent person u shouldnot

pilfer psychotherapy
This is mainly because you are not confident.. u dream up that you are not secure surrounded by this job. So feel freely and dont think u r within this job lately becoz of ur boss. Always think u own many selection left and you own many other offer available in the souk if you go from this company
be bold ... thats adjectives .. u can do it .. i am sure




In Business Law, NYS Banking Law 675, what is an "or" narrative?


Question:
I can't find it online at all and I'm studying for a tryout. It's called an "or" article.

Answer:
I looked through the text of the bank law and I couldn't find any hint to an "or" account...?

I found the record at the link below. Click the join, then click on "BNK - Banking". Then "Article 13-E" after "675".




converting American to British money?


Question:
I was purely wondering if anyone could tell me the different British money amounts and what they translate into for American money?
Thank you!

Answer:
Currently the exchange rate is: 1.9646 American Dollars to every British Pound.

To convert American Dollars to British pounds divide the Dollar amount by 1.9646

To Convert British Pounds to American Dollars multiply the amount by 1.9646
Do a G00GLE search out for currency converter.
For American to British pounds you lose half such as If you own 100 dollars you will have 50 pounds. Opposite for pounds to dollars. 200 pounds/ 400 dollars. Check here for an exact exchange rate.
http://www.xe.com/ucc/




What country have the matchless American dollar exchange rate?


Question:
In the future i am looking into positive some money and moving to a European country that has a low cost of living. can anyone distribute me an ideas.

Answer:
Almost adjectives European countries use the same dollar (a public figure exception is the UK). Therefore, they all hold the same exchange rate (the Euro). The current rate for adjectives currencies can be found on Yahoo! Finance at:

http://finance.yahoo.com/currency?u...

As for the low cost of living, that would require a little more research :D polite luck!




Financing Activity for Accounting Class... backing?


Question:
Please don't answer this with any remarks such as "you should do your own homework" etc... I know I should but do not apprehend this exercise.

Directions: For each of the following items, identify which cog of the transformation process is involved. Use F to indicate a financing activity, I to indicate an investing amusement, or O to identify an operating activity.


a.New production equipment was purchased for installation within the factory.
b.Three new salespersons be hired.
c.A loan was obtain from a local bank.
d.A $500 down clearance on goods received from a customer.
e.The Human Resources department hired three tentative employees.
f.The company’s worn-out nativity truck was sold to a second-hand goods yard for $400.
g.The owner contributed more currency to the business.
h.Refunds totaling $450 were given to several customers.
i.Goods be shipped to a customer in a neighboring state.
j.The remaining be a foil for of the loan was repaid contained by full

Thank you, I appreciate it

Answer:
This is a cash flow statement interrogate using indirect method. What class is this for? Good refresher for me though, I haven't done this since school.

A financing stir is money spent buying new assets or selling assets of the business

Operating hobby is cash in/out from operation of the business. I asume this is a manufacturer.

Investing leisure - cash contained by or out to increase / decrease equity surrounded by the business.

a - f
b - o
c - f
d - o
e - o
f - f - I could be wrong here due to one wierd exception. not sure.
g - i
h - o
i - none
j - f




What company employ most military organization?


Question:


Answer:
Wal Mart
That would be the United States Army, or if you wish, the U.S. Government.




How to write business note to suppliers.?


Question:
How to write business letter to suppliers.?
HI I WANT TO WRITE A BUSINESS LETTER TO SUPPLIER WHOSE PRODUCT I SAW ONLINE. CAN ANYONE HELP ME WITH THIS HOW TO WRITE IT. I'M NEW AT MY COMPANY AND I NEED HELP WITH THIS.

Answer:
Dear Sir or Madam (or specific contact first name if you have it):

This message is being written to inquire on your product (provide specific model number, bit #, etc) which I saw online and would be interested in purchasing for my company, (company name). I am specifically interested within getting any promotional brochures or spec sheets, pricing and volume discount information, credit application, and anything that you can provide me with.

My business Tax ID Number is **-***** and we are (sole proprietorship, partnership, or Corp) contained by the state of (specify state).

My phone number is (***) ***-**** should you need optional information to process this request. I hope we can find mutually agreeable terms contained by order to do business together within the new year ahead.

Sincerely,

Name
Title
Company Name




Does anyone know how biddable GNC franchise is?


Question:
If someone has one already, i would really appreciate some infos...

Answer:
While I hold no opinion intuitively on GNC, here is some interesting data taken from a survey of current GNC owners. Data is from 23 different GNC franchise owners contained by 18 states.

In what ways could the parent company most improve (nine choices provided)?

Most frequent responses:% answering
Effectiveness of marketing/promotions (tie) = 65%
Pricing of products/services to franchisees (tie)= 65%
Communications (tie) = 39%
Technology (tie) = 39%

Is your income more, smaller quantity or about what you expected prior to crack your business?
% answering
More= 13%
Less= 70%
About what was expected= 17%
Summary: 30% are making roughly speaking what they expected, or more.

If you could turn back time to the daytime you signed your franchise agreement, would you make equal decision to buy your franchise?
% answering
Yes= 48%
No= 52%

Good luck! If you enjoy more specific questions, discern free to email me.




How frequent billionares are at hand surrounded by the world?


Question:


Answer:
http://www.forbes.com/2001/06/21/billion...

538?
many nearby are 10 top billliners of the world
not as many as u dream up...but the rich keep getting richer...so millionaires are becoming billionaires immediately...and the middle class is slowly vanishing and becoming section of the upper class...food for thought.
More than there used to be, thats a reality.
How many ancestors die from starvation in the world?.

In other words..who care!
I know of altest 24 billionares, persanaly but I am sure their are more, The reason Y I am their friend is because I do not ask them for money. Rich relations like that.
793 according to Forbes




Where can i find the product or service that sustains respectively state's cutback surrounded by the U.S.?


Question:


Answer:
look up the CIA world Fact book

https://www.cia.gov/cia/publications/fac...

this doesnt have it by state, but you will procure a broad understanding roughly speaking the products in the United States.

as for the previous answer something like marijuana it really is a very voluminous economy surrounded by itself, but there are states approaching California, i think Kentucky - where on earth they grow alot more, but the government undoubtedly isnt getting any money for this, so it doesnt count for a whole lot
It's marijuana for every state




in attendance are a wall within africa want distribute me 500000 dollars cou;d that come true or practical joke


Question:


Answer:
TOTAL SCAM...they want your bank side information so they can STEAL YOUR MONEY frmo the account, not distribute you $$$...do not give them any information.
What Nancy say is very true! Beware, when you bring back those mails report them as spam. Don't unseal, and never ever answer!!
It's true!
No its a scam. Sadly these scammers can't even think of a better story, why would a edge in africa hold 500000dollars to give away.
i dislike intensely those e-mails,don't give them any personal info,a moment ago delete them
Steer clear - its a scam ! ! ! !
That's a scam. Check with the Secret Service website. It will describe you all give or take a few it.

It's some Nigerian money scam. I think they telephone call it the Nigerian-419 scam. The senders will want you to travel to their country with a boatload of dosh and then they will clutch it from you and you may never be heard from again. When I talk to an agent about the email I received, he told me that within were already numerous reports of folks traveling to Africa hoping to get contained by on the deal and be either robbed, overpowered and left for comatose or were never hear from again.

I would forward your email to the Secret Service and definitely don't reply to it. Good luck!!
Total scam unless you own an uncle who died in Africa and disappeared you 500000 in his will




How much to charge for video tape a deposition?


Question:
I have a small video production company and we are branching into videotape depostions. I know what I normally charge my commercial clients - but be wondering how the fee structure worked contained by the legal world.

Answer:
Call a court reporter company and ask them, they will know. Look underneath court reporting in the washed out pages.




What should I cross my company?


Question:
It's for a business project at school, where on earth I need to start my own company that sell something. i am gong to sell a remote control trash can, for starters, but we want a name that will encompass our adjectives of making technologically advanced household objects, similar to The Sharper Image.

Answer:
Home Innovations
Innovative Inventions
Innoventions
The Easy Life
Remote Possibilities or Get In Control.
How about "Remote Living"??

Remote Controllers
Remotes within Control
Advanced Control Concepts
cyber-appliances
Thats Rubbish!
Technical Trash.
Revolutionary Life
"apli-tech"

apliance and technology and its "aplying new technology"
H.I.T.
Household Innovations and Technology

Easy to marketplace.
Company is a hit
Hits on a web page
Homeberry Tech.




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