Finance & Business Question and Answers

Any counsel on doing business beside own relatives....?


Question:
and......what do you suggest?

Answer:
It depends on what kind of business that your considering doing...But doesn`t matter what it is always own a contract to cover the both of you just surrounded by case something or someone back out at the wrong time
DON'T!
Coffee-shops or cafe business. Ya Kun (Singapores'
franchise under the charge of Adrian Loy is an example).


www.myvideotalk.com/jerome
If you are selling them something...engineer darn sure you know the product. and what the risk is. It is not a good entity to burn bridges with relatives. That trust go out the window.
Put your running shoes on and start , right presently.
My opinion for that is to say purely negative and please don't start any type of a business beside relatives...




Is it true that bank wage your money surrounded by risky venture for doubling profits?


Question:
I thought fees, credit cards and mortgages were satisfactory. What other ways do banks kind money?

Answer:
Yes...this is very true! Banks cause more money by using your money for Capital Investment's,and Low to Medium to High Risk ventures contained by Stocks and Bonds! They can use some of your money in Foreign or Domestic 'Building Ventures' and considerable scale loans-to current successful businesses as very well! Also invest in R&D field (ie) Medicine's and Research and Developement in Technological Area's! They can also invest into Money Markets,buy Low...get rid of High! There are many ways that a mound can make Money on your Money. These are single a few of the ways that they can do it! Insurance's are another method as well,and also Venture Capitals...used to aid upstarting Businesse's! I am really surprised that you didn't know this? I always thought that this be common skill among most people! But I hope this help to answer some of your Question. Thx. theerander.
Banks are regulated by the US Government... they don't gamble your money.

Most bank make money from Commercial loans ($25,000,000.00+), Residential mortgages (then selling them to Fannie Mae and Freddie Mac), credit cards... and by charging postponed fee penalty.
No, is not true. US banks are regulated and insured by the Federal Goverment, if one does dare to wage with your money the Feds would rob over the bank and abundant people will turn to jail.




Taking accounting PLEASE PLEASE HELP?


Question:
Benjamin O'Henry has owned and operate O'Henry's Data Services since its beginning ten years ago. From adjectives appearances, the business has prospered. In days gone by few years, you have become friends next to O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested contained by buying this business, and you obtain its most recent monthly unadjusted trial harmonize which follows:


O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX
Cash……………………………… $9,700
Accounts receivable……………………… 7,900
Prepaid expenses………… 2,600
Furniture, fixtures, & equipment 151,300
Accumulated depreciation $15,600
Accounts payable………… 3,800
Salary payable………………
Unearned service revenue 6,700
Benjamin O'Henry, capital 137,400
Benjamin O'Henry, withdrawal 2,000
Service revenue………… 14,300
Rent expense……………
Salary expense………… 3,400
Utilities expense……… 900
Depreciation expense
Supplies expense……
Total…………………………………………. $177,800 $177,800

Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial symmetry does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a superior who would require a monthly salary of $3,000.

The most you would recompense for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least possible O'Henry will take for the business is his end capital. Compute this amount. Under these conditions, how much should you hold out O'Henry? Give your reason.

Answer:
1. First you must adjust the trial match for the under-reported expenses ($2,750) and revenues ($2,100).

This means that revenues for November be 14,300+2100 = 16,400

Expenses was the reported amounts of 3,400 and 900, plus the under-reported amount of 2,750 for a total of $7,050.

This method that pre-tax income was give or take a few 16,400-7050 = 9,350. Multiply this by 12 and you have $112,200 per year.

Let's forget about that Mr. O'Henry is willing to deal in the company for 1.75x PE. Let's also ignore that a company to be exact making more than $112k/year has nearly the same amount contained by its equity balance (i.e. it's business presently appears to be suddenly very succesful compared to what its match sheet is saying). I wouldn't touch the business because it's too good to be true.

But if this is a class room example (and in attendance is no taxes), I would pay 20x November's income of 9350 = 187,000.
I would run the other passageway its a losing business! too many bills and not alot coming within. Im not helpful to your homework but thats the truth!!




Today how copious Nigerians live surrounded by UK? how oodles of them hold actual companies? Not fraud as publishing rig cheqs?


Question:
Have you ever received @ from UK, them? Winning notice next to thousands & millions pounds, you need retribution $... for processing, part time livelihood as cashing travelling "real" cheques and send it to another place? Be diligent!

Answer:
The answer is 12.




All of the following be suggested methods for doing very well the discount EXCEPT...?


Question:
a) Providing independent auditing of large firms and collapsing bank.

b) The vigorous enforcement of antitrust law to promote competition.

c) The suspension of antitrust laws to allow substantial companies to help 'manage' the reduction.

d) Increase federal spending to provide more welfare programs for those in stipulation.

This is all durign the depression and Roosevelt's presidency. Please of late give a note answer! Thanks!!

Answer:
C because FDR enforced the laws not suspended them
C




Money instructions?


Question:
is there a bearing to track them online with the serial no?

Answer:
No. you'll inhabitants always try to bring over on people.
no here isn't, but you can call, at hand should be a number on the money order or perchance even where you bought it, resembling if it is a western union money directive call that and you put contained by the money order number and find out if its be cashed. that is the singular options though, cashed or not cashed. hope it help a little bit.




What is commercial cooperation?


Question:
i am stuck ob a question for my international business partnership assignment, please help. can some one please give an account me what commercial co-operation is. I am working on star alliance group and the question is what is the starting place for commercial co-operation?

Answer:
In the United States we call this a "Strategic Alliance". A virtuous example is the Ford used to use Firestone tires exclusively. Firestone gave Ford a business deal on the tires and Firestone sold volume to their exclusive customer.

Remember the deal eventually go sour because Ford SUVs were have tireblowout issues back contained by 2001 and the alliance ended.




International Debt?


Question:
When International Debt is given to Third World countries, is it given directly as cash(assuming of course that the country contained by question adheres[or at lowest possible tries to] to whatever guidelines are set for them), or is it provided within the form of securities, stocks, bonds, and various structured financial products?

Answer:
It depends..... However usually it is CASH .... by electronic verbs, wire , etc ....

Depending what country is reception the loans and what country is giving them, they also give out bonds ... not so much stocks ....

Sometimes thesis international debt (loans) actually turn into aid and wont be collected or collected fully.... surrounded by order to show goodwill or oblige the most ly 3rd world country out.....

what i consider interesting is the new route of international debt called Micro loans ... company's giving out supersmall amounts of currency like 50, or 100 bugs up to $250 to the populace that qualify ( ranges from entrepreneurs in developed countries to housewifes trying to deal in their handmade baskets )

I just close to this idea and the facts prove that this system works due to the fundamentally high re-paid rate !
I am a touch confused by your question. Do you propose AID or loans? Please clarify?
Thanks.
You have what sounds close to an interesting question.
It is electronic brass transfere




What agency monitors grocery store item price care base on advertise price and shelf sticker?


Question:
I am consistency over charged at my local grocery store. And while I try to watch while my decree is being checked out, the charge is always wrong. There other seem to be items that are advertise (or shown on store shelf) to be one price but come up as another. I am inevitably overcharged $5-$6 per week. Last week it was $12 and I have to go spinal column with the acceptance. That was too much to bear in. I complained around the overages. Showed them the last 6 receipts and they didn't appear to care much. Is here an agency that monitors consumers affairs in regard to grocery store accurate pricing requirements? Thanks for answering.

Answer:
I would start with your state Attorney General's Office or Office of Consumer Affairs. Depending upon your state, the actual state agency may change (if they even have one to switch this). The above agency should be able to any help or point out where on earth to start.

You should also contact the stores consumer affairs office to complain (keep copies of any correspondence). Many stores enjoy policies regarding overcharging - some will pass you the overcharged product for free.
Start a class action lawsuit. Run an commercial in the serious newspaper and see if you can get others to sue together. I bet they will listen next!




I am wanting to work against money contained by a LTD Company that I am MD of to use against my mortgage can this be done?


Question:
The bank are competent to move money across to a personal account respectively day and lone use money as required is there any toll implications contained by this?

Your answers would be appreciated

Answer:
I am (mostly!) sure that you can.

You can keep your company money somewhere you like. As it is neutralize, you are not earning any money so no due will need to be salaried (unlike interest you receive on a regular account).

The only article you cannot do is claim your mortgage interest payments as an expense as it is not a business expense.
legally i guess you could be on a sticky wicket

becasue the ltd company owns its money (all you own is your directors loan account). I suppose you could do it with your loan article.




Law of exporting?


Question:
can someone can give me intermingle
i want to export bicylce from canada to india so i need the regulation the exporting law and other things i necessitate to know

Answer:
http://rds.yahoo.com/_ylt=a0geu7f2cszgu3...


http://rds.yahoo.com/_ylt=a0geu7w4cizgrv...




Would close to to know any mode designing institute where on earth we can affiliate next to running style institute?


Question:
We are running a fashion designing institute contained by India we would like to affiliate our institute to any other customary institute in the other contry

Answer:
I aversion most fashion, its dreadful! And the models need to be at lowest possible a size 4




Why is the construction industry so resistant to relocate?


Question:
I am writing a paper around barriers to changeover in the construction industry, and I am wondering what others see as the foremost reasons for the industry's resistance to adapt?

Answer:
first of all race in nonspecific are resistant to change because it take them out of their comfort zone and into the unknown. it's genetic.

secondly, the construction industry is heavily regulated by government regulations at adjectives levels: local, state, and federal.

you know how briskly the government moves... or a bit unquickly unless something really drastic happens approaching 2 commercial jets flying into the World Trade Center...otherwise it's constant hearing and debates near arguments from both sides and it takes a long time for any solid change.
Uhm depends on what character of change you are conversation about.
if you are discussion about the diminution in construction job lately-it is because during the building boom a lot of construction companies expanded their resources and invested contained by more machinery and workers. During that time this investment gave them like mad of profit so it is understandable that they would be reluctant to downsize even when face with the reality that there is not as much emergency for them any more.

Environmentally speaking-construction companies don't want to change their technique (however harmful they might be) because cleaner and more enviro friendly technique are more expensive. The person paying for the construction usually pays single a certain amount so to maximize their profit the company will simply do the cheapest thing possible.
Sad but true.




Renting out the house I live contained by?


Question:
Do you think it's a well-mannered idea to rent out my house - and live somewhere else? I owe 30K on my home, valued at 160K. My subsequent door neighbor (who owns it but rents it out) gets $1000 monthly for hers! My mortgage transfer of funds is approxiamtely $425. Will this be a profitable idea? What's the pros and cons?

Answer:
We hold been into revenue houses for 20 years.At times it be the differance of feeding our relatives or not.We now enjoy 10 houses, very little see and far more income than we could have have career sagacious!Screen your perspective tennants well ,no pets and maintainance and mar should be minimum.The tax advantages are great and TRUE estate is in my evaluation the most lucrative investment compared to all the low interest alternatives. Have mercy and know that paint ant laminate can take assistance of damages(if any) quickly.I am so glad we started when we did,we enjoy made a very upright income and increased our net worth dramatically .Don't forget the rates benifits too!
You should rent it out only if you really are going to generate a profit while paying your mortgage. If you are going to live somewhere else, you might want to make sure you are competent to check on your property. It's a big job to find, responsible, respectful tenant who won't destroy your property. If you are of late going to be spending more to live in another place, you should only just stay put. Weigh your pros and cons. Whatever you do, don't borrow against it!
Renters have more rights than tennants. After my hubby and I moved to another neighborhood the house we lived contained by was empty so I rented it out. Out of 1 year the first 5 months were great rent come in prompt and the 6,7,& 8 th months the rent was postponed and the sob stories came almost how they can't pay the 15.00 behind time fee and their sorry they be late.
the 9th and 10th month no rent money at adjectives, I had to call upon an attorney and since they had kids they have 90 days to move rent free. They couldn't live on the streets but very soon their neglect to dance to work was presently my problem I had to put a roof over theri head, not really fair or any piece that i could afford to do.
To boot, my rug was destroyed, walls be punched in and cabinet doors contained by the kitchen were pulled stale., the oplumbing was back up and my light fixtures contained by the bedrooms were stolen (ceiling fans) and within the kids room, the walls were covered beside crayon masterpieces. Fun to remove and try to cover. I am not even going to tell you roughly the cats.
Look before you leap. be wary not to disriminate. Maybe find a business professional with no kids and no pets, close to a pilot or stewardess. Take pictures of the place also before you do it. Get a deposit also.
Good Luck to you. You may also check into Section 8 and see if you can rent it out w/ the minister to of the government helping to cause rent payments for your tennants you will get that money and the tennants will pay cheque a portion as well.




How to souk my invention?


Question:
I have a patented tool for the fire sprinkler industry, and I am currently selling the product. I am sending flyers to prospective customers but would resembling more inexpensive ways to get the word out on this tool. Any suggestions or does anyone know how I can find distributors for my product?

Answer:
There is no genuine cheap way to adv.. it .. If is as well-mannered as you believe then why are you worried around the cost.. it should pay for itself anyway..




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