A small business will generally mean an organization that is managed by a few people with a small number of employees. The number of employees is usually under hundred. Small businesses are very beneficial in nature because they run on lower costs and are easy to maintain. They are also relatively easy to maintain and can adapt to the changes occurring in the market faster. Therefore, the element of risk is relatively lower. Moreover, over the years, small business ventures have earned a lot of credibility for themselves and now are seen as the answer to many complexities of big bulky businesses.
Accounting is one of the most major processes in any business. It is the act of recording, verifying and reporting all the assets and liabilities of a company. It is of great use to decision-makers because it helps them take steps in order to reduce their costs and increase profit. Accounting is also a proof of a company's goodwill and is referred to by auditors monitoring the financial dealings of a company. Small business accounting can be maintained and regulated in varied ways. If there is the need to divert all intellectual resources to other processes, then the business of accounting can be outsourced to companies that specifically deal with it. Again, accountants can be hired to look after the department of accounting. Accounting software makers like Quick Books and Famous Software also offer small business accounting software, which effectively reduces the cost of maintaining an accountant in the company.
Many are of the opinion that the can be handled within the company itself and there is no need to outsource it. For this purpose, the market offers books like Streetwise Small Business Start-Up, which is primarily a book of guidelines on how to manage the accounts of a small business. Also many business specific websites are on offer on the Internet, which provide essential tools for successfully running a particular venture.
When going about the business of small business accounting, it should be kept in mind that things like the method of accounting (cash flow or accrual), business records, issues of tax, internal control, employee benefit policy and financial assistance should be kept on the mind. Moreover, because small business accounting can be handled with the organisation itself, it is important to know the basics of things like the balance sheet, the income statement, cash flow control and accounting software.
Small business accounting might require less effort than the mammoth task of managing the accounts of a big company, but it is in no way less important and it should not be dealt with a callous attitude. If there any problem with the accounts of a company, then it will invariably run into trouble. Because any business runs on capital and if that is fudged then it cannot work smoothly. This is true especially for small businesses because financial credibility is of importance to them. A transparent and cohesive system of accounting will earn them respect.
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How important is Yahoo! Answers to you? Seems they even don’t care about their own things they make, weird?
Yahoo spent several million dollars about 10 years ago to buy Geocities. It was a smart move. Why? Because folks like me “cut our teeth” at html coding when we opened a free Geocities account. Eventually I wanted to do more than Geocities could offer, so I signed-up for a Yahoo Small Business webhosting account, and now I pay a fee of about $13 a month to Yahoo for hosting my website. Smart move huh? Give people a taste of what they want and they will pay for the real thing. So what did Yahoo do to screw things up? They closed Geocities! Nevermind that it was fueling paying customers to their webhosting business. They just don’t care!
Ok, so next up. Yahoo used to have a service called Yahoo Briefcase. It was a means of storing files and data online, so you could access it anywhere else; like saving some word documents and spreadsheets to Yahoo Briefcase at work and later accessing the info at home so you could work at home on the weekend. Nice eh? Certainly. But, of course, Yahoo decided to close it down. What did I do? I did a Yahoo search for a similar service and found one. For the first time, I opened a free MSN account so that I could use their MSN Skydrive Live service. It’s great! The only thing is…why would Yahoo try to make customers like me flee their services and go to a competitor?
Finally there is Yahoo 360. Now you might think that it was just another MySpace clone. But let me tell you, I was actually using it to connect (network) with people I didn’t know, but shared a common interest in professional topics. It was probably the easiest way to make such contacts – since MySpace is geared toward teenagers that simply wish to gossip…and FaceBook is made for people that generally already know one another or are friends of friends. So, Yahoo 360 was a means to connect to others that may share your interests, such as law, auto repair, stamp and coin collecting, martial arts, or whatever. Where is Yahoo 360 today? It’s gone! Yahoo management decided to remove it since it was perhaps too useful.
Anyone here remember Yahoo Classifieds? I do. It was more popular than Craigslist at one point. Only Yahoo shut it down. We don’t want Yahoo to be too successful do we?
(from a member on the forum)
Personal Note: If this place is so great along side the rest of Yahoo stuff, then why everytime it gets good they shut it down? If its free and you are the rat, what did the professor learn then?)
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I like to think, before I become a very old man, that I will have to come to understand two things in this World; the mindset of the Religious, and the utter perversity of big business thinking.
I think I’m in with half a chance of understanding why people have the relationship they do, with the Divine, but like you, I think the “logic” behind business will continue to escape me.
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a site with business study?
hello
i want a site professional but non-official(for ease of understanding) on business and management
the content of site shall include at least
accounting and finance
sales and marketing
micro and macro economy
risk managment
business writing and communication
business math
business planning
entrepreneurship
team motivation
business law
international business
human resource
creativity study
leadership
decision making
small business
ecommerce:business online b2b b2c
workplace safety
dispute resolution
business nogotiation
coaching
diversity management
future vision: virtual workspace
there maybe some redunduncy in the courses i listed because i write this answer on a hurry, hope any error can be forgiven
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Oh my stars with all these on-line schools it is hard to decide, I see what you mean by making a choice.
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Why does Yahoo always shut down their good programs, buy up smaller property just to throw it all away again?
How important is Yahoo! Answers to you? Seems they even don’t care about their own things they make, weird?
Yahoo spent several million dollars about 10 years ago to buy Geocities. It was a smart move. Why? Because folks like me “cut our teeth” at html coding when we opened a free Geocities account. Eventually I wanted to do more than Geocities could offer, so I signed-up for a Yahoo Small Business webhosting account, and now I pay a fee of about $13 a month to Yahoo for hosting my website. Smart move huh? Give people a taste of what they want and they will pay for the real thing. So what did Yahoo do to screw things up? They closed Geocities! Nevermind that it was fueling paying customers to their webhosting business. They just don’t care!
Ok, so next up. Yahoo used to have a service called Yahoo Briefcase. It was a means of storing files and data online, so you could access it anywhere else; like saving some word documents and spreadsheets to Yahoo Briefcase at work and later accessing the info at home so you could work at home on the weekend. Nice eh? Certainly. But, of course, Yahoo decided to close it down. What did I do? I did a Yahoo search for a similar service and found one. For the first time, I opened a free MSN account so that I could use their MSN Skydrive Live service. It’s great! The only thing is…why would Yahoo try to make customers like me flee their services and go to a competitor?
Finally there is Yahoo 360. Now you might think that it was just another MySpace clone. But let me tell you, I was actually using it to connect (network) with people I didn’t know, but shared a common interest in professional topics. It was probably the easiest way to make such contacts – since MySpace is geared toward teenagers that simply wish to gossip…and FaceBook is made for people that generally already know one another or are friends of friends. So, Yahoo 360 was a means to connect to others that may share your interests, such as law, auto repair, stamp and coin collecting, martial arts, or whatever. Where is Yahoo 360 today? It’s gone! Yahoo management decided to remove it since it was perhaps too useful.
Anyone here remember Yahoo Classifieds? I do. It was more popular than Craigslist at one point. Only Yahoo shut it down. We don’t want Yahoo to be too successful do we?
(from a member on the forum)
Personal Note: If this place is so great along side the rest of Yahoo stuff, then why everytime it gets good they shut it down? If its free and you are the rat, what did the professor learn then?)
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I had a Geocities account back when Yahoo took over. The original TOS provided by Yahoo for the turnover required Geocities members to accept their TOS changes to even access their account to delete their accounts. These changes basically said Yahoo owned everything on Geocities. Now mind you, it could have been a wording error. After a lot of complaints, it was changed, and Geocities moved on under Yahoo control. That appears to be a major Yahoo thing. I realized Yahoo claimed some type of copyright on chat. I stopped posting poetry. (I remember more of people complaining then the actual TOS changes.)
I would guess complications, like being unable to purchase the copyrights of everything posted on Geocities, could make the project less appealing. Then there are the problems of policing free sites for illegal content. I have found is good. Wonderful free options. I wouldn’t post anything you want to keep copyrights on cause it doesn’t release claim on your material after you deleted it and your account.
I never used Yahoo Briefcase. I remember getting an email saying mine would be deleted. I don’t remember opening it. It had copies of my attachments in it.
Yahoo 360 was nice in some ways. I stopped using it after while. I remember having posted an adult story for a friend of mine. Someone, not on my friends’ list, gained access to my story and was trying to talk to me about it.
Yahoo has replaced it with a different type of blog set up. I stumbled on it. I think I posted something. Check your Yahoo profile for messenger/chat.
Have you seen Yahoo Chat recently? Adults only, but that’s not enforceable. Twice the bots then people, even with a anti-bot sign in. The sign-in option security is often hard to see and makes it difficult for real people to get in. Then a lot of the people on are not interested in the chat room topics. Lots of jerks. The science rooms rarely have people. The Regional Rooms make it difficult to tell people from bots because of the level of “mature” comments being made; its a meat market. People in the gaming room get away with requesting lolitta and incest RP. Fun place. (Rare times I find people worth talking to and will risk the idiots.)
I can only imagine the service changes or removal are based on money. The days of browser chat and HTML help rooms have gone to meat market central and mandatory downloads to chat.
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where can I take online accounting courses?
I am already in a university. My aunt runs a small trucking business and I’d like to help her out with the accounting and billing stuff. Where can I take classes online or at home? I just want to learn the stuff… I am not interested in having a degree in the field.
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Dear winssqueeky,
May be this site can help you
Regards,
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What do I need besides a website of course, to sell my own product online?
I live in New York City, and I’m starting a small ONLINE business that will sell downloadable products. Do I need to fill out a DBA form? If so how much does it cost and where do i fill one out? My business will be online, so does that mean I’ll have exclusive rights to my DBA name? Also, will I need a Tax ID? I want to collect money through the site, is there any information I’ll be needing to acquaint myself with?
I know I’ll have to get some sort of merchant account from the bank and they won’t give you one unless I have a Tax ID, but will I need a business ID?
The main product I want to start selling is a book. Do I need to copyright it through some organization, or website? Or can I just simply write “copyright 2008″ on it?
Please fill me in on any information you can. Thanks guys!
-JB
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you can simply have money sent to your personal account, if you do bank drafts. if you want to accept credit cards, you can use paypal and have the credit card charges deposited to your bank account. you do not need a business license for either of these.
however, to do it right, you need to get a business license and a federal tax id.
as for copyright. you just place the words as you have written them “copyright 2008″ any original work is considered copyrighted under us laws at the time of creation.
go to and they will put your soft product up and you can drive people to purchase there.
or, , and ecommerce solution provider that also has stores that sell soft products.
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HELP! Has anyone gotten a judgement against their small business or corporation?
There must be someone out there that can help me with this that has actually gone through it themselves. My company has a dispute/suit going with the evil phone company for advertising. Of course, I’m preparing for my case, reseearching, and have already had to pay two attorneys for various advice. I do have a corporation. However, with all the info on the Internet I’m stressed out to no end thinking what might happen if I lose or lose part of the case and somehow they get a judgement against me. This phone company sues like 10 people a day and I have been reading through case after case online but it doesn’t provide the real details. If you have gone through this sort of thing and got a judgement – how did you deal with it? Did they wipe out your business bank accounts or did you find a way to protect yourself or your company? Thanks so much for any real advice and not just secondhand nonsense from the Internet. Oh, and I am in the USA.
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The advice you get here, if any, won’t be very helpful unless you explain the nature of the dispute and how it arose. This isn’t a good section for legal discussion, so your better bet is in Law & Ethics where the legal eagles congregate. Find it under Home > Politics & Government.
As a rule, though, unless your business is worth very, very little, it’s unlikely a ruling about against you would bankrupt the company.
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