Does small businesses be more affected by a change minimum wage than large business?
Yes. A large corporation has a larger net gain than a small business. With a overhead often times larger than it's profit the first half of the year, having to pay any more money on anything at all can hurt it. Minimum wage will have little effect on mcdonnalds but a fairly large one on the hole-in-the-wall you love. And since after a certain point, minimum wage just becomes a relative figure, it's raise will only Hirt the consumer who makes more than minimum wage. For a deeper answer look it up on other websites such as IRS.gov
Is there a Yahoo Finance for small businesses?
"Yahoo Finance is for small businesses as well as individuals. BNET is a great business resource to use in looking up product information. This site will offer information on price, performance and rating for Yahoo Finance."
Are flexible loans good for starting a small business?
"It really depends on one's desire to expand. Generally, however, yes, flexible loans are good for starting a small business especially for woman- or minority- owned businesses since most banks offers a special plan for them."
How do you apply for TIN number?
Go to BIR district office near you and apply for TIN, it is free but have list of requirements varies according to purpose
What are the imp mode of creating charge on secured loan advances?
Lien, Pledge, Hypothecation and Mortgage are the four main modes of creating security....
Can a convicted felon apply for a grant to start a business?
In legal terms yes but in moral sense a convicted felon should not get any grant as the unscrupulous tendencies surface up while conducting business.
How will you become successful in your Business using Cash Advance Loans?
Cash Advance Loans are the fastest way to infuse cash within any business an dthe pay back is simple and easy as the business grows. This helps businesses to grow and fulfill target without any hassle.
CASA statement means 'Current Account, Saving Account Statement'.
What is business and finance about?
A business is any activity that provides goods or services to consumers for the purpose of making a profit. Business is mainly defined by 5 functional areas needed to run said business: 1. Management: Involves planning, organizing, staffing, directing, and controlling resources to achieve goals. 2. Operations:Transforms resources (labor, materials, money) into a product or service. 3. Marketing:Works to identify and satisfy customer needs. 4. Finance:Involves planning for, obtaining, and managing company funds. 5. Accounting:Entails measuing, summarizing, and communicating financial and managerial information
What does a secured loan and unsecured loan mean?
A secured loan is a loan in which there is physical collateral, meaning there is a physical item of worth that can be taken by the bank if the loan is not paid. Examples of this include a car loan or mortgage (house loan); the car or house are the collateral and therefore are the 'security' that the bank will not lose money on the loan.
An unsecured loan is a loan in which there is no physical collateral, meaning there is no item of worth the bank can take if the loan is not paid. Examples of this include credit card debt or a student loan; in these cases, if the loan isn't paid the bank has to use a collections agency to try to get the money back.
What business could you start up for France?
i would not start up a food resturount otherwise you will get eaten alive. France is basically made up of resturounts. maybe a bakery or a news stand something every day people can get to and use easely.
What is the purpose of a lien when you get a secured loan?
To let lenders take back property they financed if you don't repay your loan
What are the point wise functions of a Rural Bank?
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
Some disadvantages of rural banking are:
All these are with respect to banking services provided by banks in cities.
What do you need to start up an upholstery business?
So you've decided to start up an upholstry business, first things first, you need upholstry this could be tricky depending on where you live what with all the single mothers, chrystal meth, poor economy and hobos. I have found the best way to obtain upholstry is to upholster it myself or steal it from single mothers I have seduced and lulled to sleep with my angelic singing voice unfortunately this has given me the clap so I would not recommend doing this. now its a matter of feeding your upholstry regularly and teaching them business. once that has been accomplished, purchase a store somewhere and let your upholstered goons crush the competition!
What is devolved letter of credit?
A letter of credit is said to be devolved when the bank has to pay to the seller of the goods when the purchaser is in-default.
How can you discount letter of credit?
Discounting is an archaic term which now refers to the process of forfeiting or factoring the letter of credit
A rural environment is an environment composed of village life.
How are the business reports different from business letters?
A business report is most often an internal communication, providing operation information to management levels above the level that the reported activity takes place.
A business letter (memo, or email) is a communication of any type of information related to a business that can be an interaction between people within the organization or an interaction with people outside of the organization.
What is differencess between start up cost and operating cost?
Start up costs are the things you are going to need to get the business giong i.e. premises, furniture, IT, registration with local authorities, stock / materials etc. These are mainly one off payments that do not reoccur.
Operation costs are the day to day costs of running the business usually calculated in terms of monthly or annual costs. These costs will be for things like power, staffing, materials etc.