Archive for November, 2008

Have a job and a business, any problem if I deposit a payroll check into my business account?

Thursday, November 13th, 2008
Kubricksmind asked:


I work for someone part time and also run my own business. Is there a problem if I deposit a payroll check (taxes have obviously been deducted already) into my business account?

What steps should a business person take to avoid the pitfalls common to a small business?

Sunday, November 9th, 2008
Lennin V asked:


Say this person has no experience at all with the business side only technical. Never went pass high school. His boss is retiring and want him to buy the company. What steps can he take to avoid the pitfalls common to a small business?

Only serious answers please………. This is important and I want to know what I might be getting myself into.
Thank you

Can you claim business deductions quarterly, when you file estimated taxes quarterly?

Saturday, November 8th, 2008
Courtney B asked:


If you can claim business deductions quarterly, what form do you need to file quarterly, if you are self-employed? Also, what form do you file to report estimated taxes quarterly if self-employed? Or do you claim all deductions and business expenses at the end of the year?

How do I go about applying for a small business loan?

Tuesday, November 4th, 2008
MLRatyahoo asked:


-I’m 22 yrs old.

***Am I too young to be approved for a business loan?

-I am about $4000 in debt (from medical bills only) but I have small monthly payment plans that I’m keeping up with.

***If you can prove that you are paying your debts off and that they are only medical related—can you still be approved for a small business loan?

***What is the minimum amount they usually give for a small business loan? What is the usual amount?

***When applying for one, do you apply in person, or on paper? Do you have a chance to show your business plans to the bank? Because I want them to know how profitable it will be, and how quickly I’d be able to pay the loan back.

Basically what I’m asking in all of this is:
Is applying for a small business loan very black and white, or does it all depend on if they trust that your business, specifically, will be successful enough to pay back the loan?

***********Also: Any tips?

What is the best business to start in this bad economy?

Sunday, November 2nd, 2008
Classy4LIFE asked:


I had some ideas but I wanted to get some input.
But Jobs that are for females? Not like mowing lawns or dog walking (I live in Florida and there are 1000 of those businesses) but real a business that’s not hard to start up?