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In the field of business what does the term 'relevant cost' mean?

The basic definition of relevant cost would be the costs that are important to running a business. The most important costs that the business needs to run properly. Examples would be rent for the office space, utilities, or equipment to name a few.


Where would you find an entrepreneur?

Running a business that he founded.


If you leased expensive equipment for your business in your business name would it effect your personal credit file?

It shouldn't unless business and personal funds were commingled or a personal credit card was used when making business transactions.


Can your personal umbrella policy cover you if your business is sued?

No, a personal umbrella policy generally excludes all business and business exposure. A personal umbrella protects an individual. If your business is insured with a business/commercial policy to protect the business it would be a commercial umbrella.


Do you need to report a 401k loan as income?

Do you need a business loan or personal loan for advancing your business and personal needs? Quality Finance Limited provides businesses and individuals around the globe financial solutions and loans, which can be tailored through our dedicated experts and teams. Our rates are quite flexible to meets every individual or business needs to help you accomplish your investment goals and foster a long-lasting relationship with you as your business needs expand we expand and grow with you accordingly rendering you all financial support that you would be needing in your entire process of business growth to development.


In general would interest rates for a personal loan be lower or high than those for a business loan?

In general the interest rates for a personal loan would be higher than for a business loan. The risk of losing money with business loan is not as high as with personal loan.


What would be 3 subtopics for communications?

Business Personal Spiritual


Why would I need an LLC for my business?

Forming an LLC for your business can provide personal liability protection, tax benefits, and a professional image. It separates your personal assets from your business liabilities, potentially reducing your personal financial risk.


What business entities would allow you the most personal control?

A landscaping business, of which you're the sole proprietor


What is required to see an improvement in the process of running a business?

There are many ways to see an improvement in the process of running a business. One way is to watch how much profit your business is receiving and how well your business is doing. another requirement would be to get a software in which it keeps track with your business.


Is running a taxi business a good idea in this economy?

No, running a new taxi business is not a good idea in this economy. There is too much competition out there, and it would cost too much money to start up, then what you would profit.


In what phase of the business cycle would there be more personal bankruptcies?

depression