The April deadline is coming up as if you didnt know. If you havent got your taxes going, its getting late especially if you plan to hand them off to a CPA. Here is one thing to note. A lot of CPAs will not accept your work after April 1st because of their own workload. They may already have so many clients who have waited that they know they just cant realistically accept any more work. This can really leave you in a bind if you depend on accountants (as a lot of us home based businesses do). Even if you hand your taxes over today, its kind of late. So if you are a waiter at least make sure everything is in order. The easier you can make your Accountants job, the more easily they will be able to turn your work around before April 17. What to do to get ready? The biggest thing is to make sure your QuickBooks file (or other accounting software) has everything posted for the prior year. Most accountants dont need to see receipts or printouts, but they will rely heavily on your QuickBooks accounting records for their figures. So make sure it reflects an accurate picture of the years transactions. Those paper files you do need to give to them might include things like 1099 forms and W2s. Its best to make copies and give those to your accountant retaining the originals. You will need the originals to send anyway and there is no sense taking the risk of letting them get lost in the accountants office. A risk by the way, that is much higher this time year because of their workload. Lastly, give them your cell phone number and make yourself available to answer any questions they might have. So if you havent dealt with your 2007 taxes its time to get on the ball. If you cant make the April 17th deadline or your accounting professional cant take on your work at this time, speak with your accountant about filing an extension.
How to Handle Real Estate in a Business Acquisition
We often represent business owners that also own the real estate where the business is located. Ideally, we like it when the owner is indifferent whether he sells the real estate or not. Many of the businesses we sell can be sold to individual buyers or to other companies. Often individual business buyers will want the real estate, and often companies will not. It is usually best to offer the option.
Sometimes a business owner / real estate owner will not pay himself rent and the broker doesnt add it in. This makes the business look far more attractive then it really is. It is important for both the seller and buyer that a fair market rent be included the earnings number marketed with the business. In addition, it should be one that the seller would be happy receiving from the buyer should he keep the real estate. If the buyer elects to purchase the real estate, we can re-do the financial analysis using loan payments instead of lease payments.
Twice Ive had sellers offer up a low rent value in the beginning, because that boosted earnings and raised the valuation. Then half way through the process of closing a deal with a buyer they decided a higher rent was more appropriate. That really isnt fair, unless the valuation is also adjusted, but they didnt see it that way. In both cases I represented the seller, so I had to walk a line between doing what they wanted and trying to convince them of what I thought was the right thing to do.
Although we try to keep the valuations for business and real estate completely separate, we have in the past blended them a little in order to get more favorable financing. For example, if the real estate appraises for more than the real estate selling price, then you can move some of the value of the business into the real estate, since real estate loans are for 25 years and business loans are generally for 10 (interest rates are better too).
Even though we have blended them for financing, it is certainly best to make the purchase decision separately. Make sure the business stands on its own in terms of making the debt payments, producing a living wage, etc., and look at the real estate as an investment decision.
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
Open Pirtek USA Franchise
Open Pirtek USA Franchise 0 5,797 views
Pirtek USA opens their doors for great franchising opportunities to qualified franchisees within United States who can very well accomplish all the qualifications and requirements expected of them.
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Once you become a Pirtek USA franchisee, youll get so many benefits which include higher chance of financial success.In 1980, Pirtek started out their business in Sydney, Australia. They are particularly serving the needs for custom house and different home and office fixtures. They also assist customers in transferring, constructing, handling, and manufacturing various materials and products. They are said to be the experts in business operations emergency specifically involving hydraulics machines. They can handle a fixing job that is thought to be finished for several days in the fastest time possible so that the business of their customers will not be stopped just because of some troubleshooting. Given the nature of Pirtek USA, do you still think you can be good at handling a business with them? Are you willing to be trained for this franchising opportunity? Do you want to be your own boss and be in control? If you answered yes to the questions, then you are up to open a Pirtek USA franchise. Pirtek USA is now open to accept qualified franchisees within United States. Have a look at Pirtek USAs franchise information if you believe you can keep up to the challenge of reaching financial victory. As a start up on your business franchise, you must be able to have a minimum investment of $100,000. But including all of the tools and equipment you need for your business, you must be ready to invest around $200,000 to $550,000. Upon the signing of the agreement with Pirtek USA, you must be able to pay them $45,000 for the License Fee so you can legally operate your business under their companys name. The 4% of your sales will be taken by Pirtek as their Operating License Fee. But in your first year, they will only get 1.5% of your sales. You must also pay for the advertising plan that Pirtek will do for your franchise. You will be giving them 1.5% of your monthly sales for those advertising and marketing plans. They are only accepting franchisees within United States. You will be a qualified franchisee if you possess great marketing skills. You are not required to have a working experience in the mechanical industry. But for your advantage, you may be familiar with banking skills, customer relating skills, marketing and industrial business experience. It would also be a plus if you are familiar with hydraulics. For your training, you will receive complete hands-on training regarding Pirtek USA business and marketing operations. You will be given a lot of opportunities to learn more about selling products, handling clients, system familiarization, and many more. You will be supported by different company personnel as you go through all the processes before and during franchising. Pirtek USA can easily attract prospective customers for you depending on the location that your franchise unit is set up. They will devise various ways on advertising your services which includes product and service exhibitions, business conventions, and advertising through different communication technologies and mass media. You will receive regular updates on current reports and products that could be useful for your business through their main office and websites. You will be provided with state of the art software for fast accounting of your financial statements. If you need assistance regarding your business, they have a 24/7 hotline where you can call their support and technical staff.
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We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
Saving Money from Leasing Equipment
Saving Money from Leasing Equipment 2 s20,631 views
Businessmen, especially those start-up owners, can enjoy saving money from leasing equipment from a company. According to business consultants, finding a leasing company is easier nowadays since the industry is booming and many businesses offer affordable monthly rate, equipment in good condition, and training service; some even allow their clients to buy the leased apparatus.
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Equipment leasing involves renting an apparatus for a certain period of time, allowing entrepreneurs to save money since they do not have to expend a huge portion of their capital in purchasing machinery.However, some equipment leasing companies allow their clients to purchase the leased apparatus for its fair market value. According to some business consultants, equipment leasing can be helpful at any stage and aspect of business operation. Nonetheless, this is most ideal for start-up companies which have limited funds for investing in new machineries but need these to expand the operation. Because the leasing industry is booming and many companies have entered in the business, start-up owners can have the best deal and choose the lowest monthly rates. Procedures in Finding a Leasing Company Almost all the equipment needed by a business are provided by equipment-leasing companies. However, to find the best one that offers the most amenable deals, entrepreneurs can ask equipment manufacturers and distributors on what leasing companies have the best rate on their apparatuses. (Distributors and manufacturers clients are leasing companies, so they will most likely know those who provide the best deal.) Entrepreneurs can also ask someone from the same business for a referral. Leasing companies also have online advertisement that will allow people to choose the best deal for them. However, entrepreneurs should be careful when dealing with brokers since the latter have the tendency to use enticing words (even some of which are misleading) just to attract people from patronizing a certain leasing company. Also remember that brokers have commission from the company they are working for. But this is not to malign the reputation of some brokers since there are still those who are honest enough to admit the limitations of their companies. For those who are dealing with brokers, entrepreneurs should not communicate with only one but should shop around to make sure they will find the best deal that includes lower monthly rate and equipment which are in good condition. In case that entrepreneurs have already chosen the leasing company they want to do business with, it is very important that they ask for a training service. For example, a bakery owner who leases an apparatus which is used in mixing dough should ask the leasing company beforehand on using the equipment.
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2 sSelami Öner said on August 1, 2013Dear Sir or Madam, we would like to produce cheesecake in Turkey. We have a really good recipe. During these days, we have started to sell our product. but not much and we have no place. we do them in our kitchen. Could you please give advise what we need to start this business. ( oven , mixer, -40 or -18 frigo) We think that our Daily capacity is approximately 1000 cheesecake. regards, selami OnerSPHESIHLE said on March 16, 2015dear sir or madam. I and some of my associates have a plan of starting a logistic business . yet we lack the capital to ignite it. can u please provide us with ideas on how do we get funding as entrepreneurs in south Africa. (All the above fields are required.)
Feet On Street Door To Door Marketing Face to Face Marketing Street Marketing Field Marketing Direct To Retailer Sales Strategic Field Marketing Marketing Strategy Trade Marketing Marketing Team Sales & merchandising Shopper & Retail Marketing Direct sales Sales promotion Trade sales promotions Promotions team Leaflet distribution Telemarketing
Market Research Field Research Advertising Market Research Compensation Survey Tele Research Test Marketing Brand Market Research Market Feedback Survey Data Collection Customer Satisfaction Studies Industrial Market Research Mystery Shopping Retail Audit Customer Acquisition
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
How to Start an Online Pet Supply Business
How to Start an Online Pet Supply Business 0 7,362 views
Starting an online pet supply business is such a good idea to generate income for you and your family.
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Learning the business and its whole nature will eventually bring you to your goal.Business Overview Starting an online pet supply business must be for people who are good in business management or who love pets. Business management can be learned in great schools. Nevertheless, if you are thinking of establishing an online pet supply business then you must consider a few things to be able for your business to flourish and allow the maximum return of all your investments. In simple words, this is just like designing a site, catalog setting up, coordinating with suppliers, as well as working out on the involved logistics when transferring products to one area to another. Starting the Website You can make your own website if you already have decided on how your website will look like after the process and you know how to develop a website. Just keep in mind that your site should be what you really want such as make it simple but eye catching since it will be your portal for all the orders that will come in and should be able to quickly load. You may want to avoid very flashy animations and complex layouts so that there will be no strain on the bandwidth. Also, if possible avoid some lag time. If you really dont know how to do this, employ a web developer who can. They are very much available over the net with their works and portfolio available for you to valuate. Contact those who suit your needs and compare and choose. The Shipping Company Aside from starting a website, you should find a good shipping company too to handle all your deliveries. You can get referrals from their previous clients. Just be very careful in choosing because they will handle your shipment and if the stuffs do not arrive in the clients place they should refund the money of the customers but worst for you because the credibility of your online pet supply business will be tainted. Advertisement and Marketing Market your site appropriately. There are lots of marketing tools online that you can definitely use aside from the advertisement using word of mouth. You can go on blogs, social networking sites, as well as making some additional advertisements about the business to your site, and many more. Keep in mind that as you increase the buzz of your site, the more traffic you can actually get, and the more sales you could possibly get. So, you must ensure that you keep an eye on your marketing strategy to be able to point out what you still needed.
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Feet On Street Door To Door Marketing Face to Face Marketing Street Marketing Field Marketing Direct To Retailer Sales Strategic Field Marketing Marketing Strategy Trade Marketing Marketing Team Sales & merchandising Shopper & Retail Marketing Direct sales Sales promotion Trade sales promotions Promotions team Leaflet distribution Telemarketing
Market Research Field Research Advertising Market Research Compensation Survey Tele Research Test Marketing Brand Market Research Market Feedback Survey Data Collection Customer Satisfaction Studies Industrial Market Research Mystery Shopping Retail Audit Customer Acquisition
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
How to Start a Korean Restaurant
How to Start a Korean Restaurant 4 s15,981 views
If you are looking to start your own Korean restaurant, then this article will help you get started on the right page. In here, you’ll find 4 steps that you will push you to predictable success.
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You might be wondering how to start a profitable Korean restaurant business establishment of your own? Starting a restaurant with right information will certainly push to success faster. Avoid mistakes. We will guide you to move forward and embrace this lucrative business.
Step 1 is to start with a Korean restaurant business plan. Developing a game plan means knowing who will be your Korean restaurant business competitors and developing a strategy how to create business for yourself and take business from them too! Yes, it sounds harsh but that is how restaurants survive. Sooner or later your business will suffer if you dont adopt this philosophy.
Heres an example of a business plan. A family of 4 will only eat in one restaurant at a given time. Lets say it was lunch time. If your establishment happens to be along a stretch of 4 other restaurants, your chance of getting that business is 1 to 5 or 20% chance. This means 80% odds are against you. A strategy is something like having a special menu outside your normal menu that one of the other establishments also offers. Now you increase your chances to 40%.
Having said that, also access who will be your Korean restaurant clients. What are the nearby neighborhoods you can reach? Are they Korean populated or mixed or maybe not at all? How far is the next Korean business competitor?
Next make checklists for fish, chicken, beef, pork and vegetable suppliers as well as a checklist for restaurant equipments.
Step 2 is settling your location, licensing and financing dues. Start up cost for a Korean restaurant business includes remodeling overhead like renovations, plumbing, electrical, and air conditioning. Korean restaurant business licenses are also expenses that have to be covered. Try consulting with an accountant or a financial analyst so you can have a rough estimate of your initial overhead and what are your financing options. Also consult for a debt reduction plan. Often we are so eager to get into debt to start a business that we fail to plan how to get out of debt afterwards.
Step 3 is to hire a staff. Make sure the people who work for you have excellent work ethic and attitude, are knowledge and teachable about your product and are people oriented.
Step 4 is to have a delicious Korean menu. Korean menu primarily consists of steamed cooked rice, noodles, tofu, soup, vegetables and meat with use of several herbs and spices particularly doejang and gochjang. Kimchi, a spicy radish specialty, is unique to all Korean restaurants. Popular Korean meat dishes are Buljogi which is shredded beef, Galbi which is pork or beef ribs cooked over a metal plate, and Hoe which is raw seafood dish. Sundubu jigae and Samgyetang are the common soups and stews ordered while Naengmyeon is the common noodles ordered. And Bibimbap is their famous mixed rice. These are just a few suggestions you might want to add in your menu.
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4 sminho kim said on October 28, 2009How to Start a Korean Restaurant
Step 4 is to have a delicious Korean menu. ~~~ Popular Korean meat dishes are Buljogi which is ~~~
[correction spelling] incorrect : Buljogi correct : bulgogiSang u ko said on April 11, 2012Houston tx I was wondering How much does it cost to start up a korean restaurantAlexandra said on April 13, 2012Hello! We would like to start a chain of korean takeaway restaurants in Russia. We are looking for a Thai partner. If you are interested? just contact me: business-center-office@yandex.ru, +79160851335yass000u said on September 9, 2014i always wanted to start korean restaurant or korean coffee in my country. in a matter of fact, there are no korean restaurants in my country, not even one. not even asian food restaurants except few indian ones. i live in algeria … the main issue is the supplies, the necessary ingrediens for the korean, japaneese, chineese, thai or even indonisian dishes such as soya sauce some vegetables and mushrooms are very rare … actually i never found any. please answer me on my email. as i would like to discuss more in priviate. thank you. (All the above fields are required.)
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How to Run Your Business like a Girl 0 6,516 views
If you want to generate wealth, you will need to run your business like a girl. This might sound funny but it can work wonders. You dont have to be a tough and strong man to run a successful business.
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With the feminine touch and the three strengths of women, running a business will be very easy.Running a Business like a Girl Men often think that they are more superior to women. Well, things have changed greatly over the years. In fact, both sexes are now viewed as equal in almost all endeavors and activities. If there are successful businessmen, you can also find businesswomen who have generated wealth in various industries. If you want to learn how to run your business like a girl, you should be familiar with the traits of successful women out there. Some characteristics of women can be used to put a business at a competitive edge. Perhaps youve heard about the book written by Elizabeth Cogswell Baskin. The book reveals the secret of women in running successful businesses. This includes three strengths life balance, relationships, and intuition. You may not believe it but smart decisions can be drawn out from such strengths. Gut feeling is a very important factor when managing a business. This doesnt mean though that the decisions are not based on facts. When women have a bad or good feeling about something, they usually gather the necessary figures and facts. This strategy is put to action during the hiring process. The Third Consideration Another important consideration is building good relationships. Men tend to dominate but women are focused in developing trust, confidence, and goodwill. Once youve established a connection with customers, suppliers, and other people, its quite easy to run the business. Women dont need to prove that they are tough and strong. They are better at nurturing relationships. To ensure the success of a business, you need to show humility and at the same time, you have to be strong. Its also women to say sorry or apologize when they commit something wrong. Running the business in a humane way may prove to be successful. Balance between life and work is very important for women. This will boil down to time management. You have to manage your time wisely. Bonding with the family is very important and you must find ways to meet with your business needs as well. Plan your activities for the day in advance and stick to it. If youre responsible enough and youre smart, you can do it. Running a business like a girl is the way to go. You can use your feminine side to bring in more profits. Just follow the three strengths and you will be able to generate wealth. Learn the basics of business management and the current trends to offer the best products or services. With a bit of luck, you can do it!
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