Question by Kristina E: I am a small business owner and received a letter that the IRS is doing an examination an dhave a question?
Do they still do audits on businesses that are closed? We closed beginning of 2007, and they are auditing 2005—anyone know?
We didn’t make a profit at all, actually a loss…
Best answer:
Answer by rose
Yes, especially if your business reported revenue for that year.
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Question by Samantha Jones: What are your greatest challenges as a small business owner?
Best answer:
Answer by mjohnsonmobile
There are not enough hours in the day…..
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Question by Vimal P: I am a small business owner, how would healthcare reform affect me?
I own a hotel with 15-20 employees, with almost all on hourly wages. I’ve heard many different stories and I am very interested on what people really know about this. Unfortunately I’m way too busy with running my business to reasearch this. PLEASE HELP
Best answer:
Answer by The Guardian
IF YOU SELL CRACK YOU WILL BE FINE!
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Question by Oma: Can a small business owner withdraw from his employees 401K accounts?
His company isn’t doing so good and employees are about to leave and he is threatening to take away their 401Ks
Best answer:
Answer by Coffeeman
He can’t touch accounts already in place. He can withdraw the employers portion put into the program and discontinue the benefit entirely though…..
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Question by Lou: What is the best marketing advice for a small business owner?
Best answer:
Answer by dianas_lotus
Bigger amounts of stock and cheaper prices. It’s all about competition. Also atmoshphere is a huge part of it as well!
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Question by armond: What might a small business owner do when faced with a cash crunch?
Best answer:
Answer by Rebecca
Sell assets and/or get a couple of part time jobs to getyou through a rough period.
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Question by justice: As a small business owner / investor, why should I invest $ now that the Dems are likely to take my profits?
And how can the economy draw private investors if the potential for profit is taken by higher taxes?
I think private investing is dead.
Best answer:
Answer by MooseBurger anyone?
A fictitious plumbing company
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Question by Darren Hale: What problems could an attorney help a small business owner with?
Best answer:
Answer by dbc
Employment issues, liability issues. The problem is pricing. Most small business owners cannot afford to hire an attorney and then they make mistakes.
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Question by Liz@: How much money does the average small business owner make a year?
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Question by sethiji: Why would a small Business owner hire a Bookkeeper since everything is done on computer?
Computer is doing all the work…what is left for a bookkeeper to do now days…what a bookkeeper need to do to maintain a good list of good convenient store clients…?
Best answer:
Answer by mzJakes
Many business owners do not want to be ‘bothered’ with the day to day record keeping involved with paying bills, making collections, doing…