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From Wiktionary under the GNU Free Documentation License. A business (also called a firm or an enterprise) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies, most being privately owned and formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk. Notable exceptions include cooperative businesses and state-owned enterprises. Socialist systems involve either government agencies, public, or worker ownership of most sizable businesses. The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the singular usage (above) to mean a particular company or corporation, the generalized usage to refer to a particular market sector, such as "the music business" and compound forms such as agribusiness, or the broadest meaning to include all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of debate. Business Studies, the study of the management of individuals to maintain collective productivity to accomplish particular creative and productive goals (usually to generate profit), is taught as an academic subject in many schools. From Wikipedia under the
GNU Free Documentation License Opening a business and wondering what types of expenses I can write off? Q. I am opening an online business for website design. (set up as a LLC, I'm the sole owner) Should I start keeping receipts of all business related expenses? Or would my business qualify as a hobby if I don't make a certain amount of money in the year that I'm filing. What types of things can I write off onto my business? (dinners, gasoline, etc.) Do I need a seperate business credit card/bank account for the expenses? Do I have to accept payments towards the business's services through a corporate account, or can they make the check/payment directly to me? Asked by Ken - Tue Jun 19 18:29:52 2007 - - 3 Answers - 0 Comments A. You need to keep accurate records when running a business. This will be your best defense if you ever get audited. For IRS purposes, you need to make a profit every 3 out of 5 years to have the IRS prove that you are not running a business. Otherwise, it is up to you to prove that you are running a business and not doing a hobby. You can prove that you are running a business by keeping your business accounts and personal accounts separate. You can write off any legitimate business expense including dinners with clients, car expenses, equipment, etc. Having a separate checking account and credit card is a good idea. However, it isn't necessary. You can comingle your business and personal expenses using your personal accounts. But, [cont.] Answered by Steve - Wed Jun 20 00:02:51 2007 What business can I start that requires practical/technical skills? Q. I'm interested in starting my own business, but I'm quite stumped on the types of businesses I could start up. I like to be practical and I also have a lot of technical skills. I don't mind risk/danger. Does anyone have any ideas, or know where to look for ideas? Asked by Henry T - Wed Jun 25 12:32:22 2008 - - 1 Answers - 1 Comments A. The biggest challenge for any business is rarely practical and technical skills. It's usually keeping positive cashflow and making a profit. The best way to do this is market your business well so that you have a steady/increasing stream of customers. You can start any kind of business you choose but you need to have an idea of the demand for your product or services and how you'll make your company different from others so that people will buy from you. It can be easier to pick something in which you have some experience so that you don't have to worry too much about the technical side of it and you can concentrate on marketing it. Say you're a good photographer, set up a professional photography business. You may choose to be a… [cont.] Answered by Rosemary P - Thu Jun 26 02:48:46 2008 When will I need to buy additional business insurance for my car?
Q. I don't want to spend extra money on business insurance because I have an inactive self-employed business and I don't go to see clients often. What happens if I had a car accident on my way to see a friend? OR to see a cleint? Does it make a difference when I make a claim? What about % of my business use of car and personal use of car? Is it a major factor for the insurance company to define if it is business use or not. What about the nature of business? I am looking for some professional advices. Thank you! Asked by woowoototo - Sat Apr 28 23:53:59 2007 - - 4 Answers - 0 Comments A. If you didn't have business coverage and the insurance company could prove that you were using the car in any business pursuit they could deny any claim that you might file. That could be hard for them to prove, though. Most companies don't worry about percentage of business or personal use, if you go see one client in a year you need business insurance. If you have business insurance you can still use the car for personal use as much as you want. Answered by Zarnev - Sun Apr 29 02:44:38 2007 From Yahoo Answer Search: "business" Business is the "art" of making money by selling things or services people want for more than their cost. - Patrick Dixon Sourced
From Wikiquote under the GNU Free Documentation License.  news.google.com NewsOK.com edmond the University of Central Oklahoma is offering local businesses the opportunity to connect with its student body and employees at the 2009 UCO ... Oklahoma Briefs: Businesses to meet UCO students NewsOK.com all 2 news articles » news.google.com Bizjournals.com By popular demand, Columbus Business First brings a fun and interactive event series to central Ohio. Introducing the Social Media Summer Camp, ... news.google.com Fort Worth Star Telegram Businesses can survey consumers and fans through Twitter and Facebook just by asking for feedback. Dell reported that its Twitter account, DellOutlet, ... and more » From Google News Search: "business"  touchstonerenard.com 100px x 150px | 4.80kB [source page] Enhance business unit performance One of the tools we use to help our clients with decision making is Touchstone Renard s Business Diagnosis methodology This addresses the possible futures of a business and is particularly From Yahoo Image Search: "business"  wbaltv.com unknown Sat, 11 Jul 2009 01:50:38 GM Washington -- The Obama administration is considering using money from the $700 billion financial bailout fund to provide further assistance to the nation's struggling small . businesses. , in a continuing attempt to find a way to make up ...  ghanabusinessnews.com admin Sat, 11 Jul 2009 07:50:36 GM said Lawrence White, a professor at New York University's Stern School of . Business. . We don't really know. To be sure, there is more than a touch of jealousy to the chorus of ill-will toward Goldman, which rivals have in recent years ...  affiliate-track.vjad.net Louis-Charles Martel Fri, 10 Jul 2009 10:50:10 GM Many families are keen to find ways to earn some extra money, and one of the easiest ways to do this is to find a home . business. opportunity that can be developed and worked by the stay at home mom. From Google Blog Search: "business" |
