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Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

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Search: Posts Made By: ArcSine
Forum: Small Business Finance 19th January 2017, 05:37 PM
Replies: 6
Views: 2,661
Posted By ArcSine
"We actually are the highest rated pet sitting...

"We actually are the highest rated pet sitting business in our service area..."

Indeed, get that into your marketing content and toot that trumpet. Folks who love their pets enough to spring for a...
Forum: Small Business Finance 18th January 2017, 05:25 PM
Replies: 6
Views: 2,661
Posted By ArcSine
You mention that you're differentiating yourself...

You mention that you're differentiating yourself from other sitters in terms of quality of service. And you're doing so by operating with well-trained employees who enjoy nice benefits, vs...
Forum: Small Business Finance 20th July 2015, 10:45 AM
Replies: 2
Views: 2,090
Posted By ArcSine
Tax implications are jurisdiction-specific and...

Tax implications are jurisdiction-specific and entity-form-specific: The tax rules in US differ from those in CA (e.g.), and (in US, for example) the optimal answer will differ depending on whether...
Forum: Small Business Finance 23rd October 2013, 07:50 AM
Replies: 1
Views: 2,106
Posted By ArcSine
Welcome, New, and congrats on the new venture. I...

Welcome, New, and congrats on the new venture. I hope it rolls on to become a lucrative and rewarding operation for you.



Note that having your biz wrapped inside an LLC won't prevent a suit,...
Forum: Small Business Finance 13th February 2013, 10:21 AM
Replies: 5
Views: 2,917
Posted By ArcSine
Your relationship with the LLC could be viewed as...

Your relationship with the LLC could be viewed as that of a consultant or similar independent contractor. So LLC pays you a consultant fee / commission / etc. for your services. The fee is calculated...
Forum: Small Business Finance 21st September 2012, 07:47 AM
Replies: 5
Views: 1,457
Posted By ArcSine
In terms of tax ramifications in a two-owner...

In terms of tax ramifications in a two-owner scenario, an LLC and a partnership are nearly identical.

Where the LLC has the advantage is in terms of liability protection. With a partnership, at...
Forum: Small Business Finance 18th August 2012, 07:46 AM
Replies: 6
Views: 1,991
Posted By ArcSine
If you particularly wanted to structure your cash...

If you particularly wanted to structure your cash advance to the LLC as an interest-bearing loan, that's certainly OK, but you could simplify matters a bit by treating the advance as a capital...
Forum: Small Business Finance 16th August 2012, 08:56 AM
Replies: 6
Views: 1,991
Posted By ArcSine
If it's to be a one-owner LLC (you), that'll...

If it's to be a one-owner LLC (you), that'll simplify many of your issues considerably. An attorney's guidance is golden when drafting an LLC Operating Agreement for a multi-owner entity, because a...
Forum: Small Business Finance 11th May 2012, 10:06 AM
Replies: 1
Views: 1,337
Posted By ArcSine
Profit margin can be defined in various ways for...

Profit margin can be defined in various ways for different purposes, but it's commonly the ratio of some measure of profit, to Revenue.

A product which sells for 100 per unit, and for which the...
Forum: Small Business Finance 20th October 2011, 06:16 PM
Replies: 6
Views: 3,363
Posted By ArcSine
As a co-owner of an LLC, you shouldn't be on the...

As a co-owner of an LLC, you shouldn't be on the payroll. Although, as a commentator noted in that link Chrissy provided, the end-of-the-day difference is usually negligible, and I'm not really sure...
Forum: Small Business Finance 3rd October 2011, 04:34 PM
Replies: 4
Views: 1,924
Posted By ArcSine
As Torka alluded to in para. 5, if Sales (dollar...

As Torka alluded to in para. 5, if Sales (dollar volume) increased, in conjunction with reduced unit prices, then Sales (unit volume) increased by a greater percentage than did dollar Sales.
...
Forum: Small Business Finance 2nd October 2011, 08:30 AM
Replies: 4
Views: 1,924
Posted By ArcSine
First make sure there were no diffs in accounting...

First make sure there were no diffs in accounting for certain items; e.g., that depreciation wasn't treated as a component of gross profit in one quarter, but treated as a G & A expense in the other...
Forum: Small Business Finance 26th September 2011, 09:42 AM
Replies: 20
Views: 6,516
Posted By ArcSine
Mike, more often than not, an LLC is the...

Mike, more often than not, an LLC is the structure-of-choice for a situation such as yours.

Setting up as a corporation provides certain advantages, but usually in scenarios in which you'd have...
Forum: Small Business Finance 31st August 2011, 05:41 PM
Replies: 9
Views: 3,896
Posted By ArcSine
OldManDusty, the optimal (i.e., tax-minimizing)...

OldManDusty, the optimal (i.e., tax-minimizing) choice depends on the effective tax rates that will apply to (a) your corporate profits; (b) your personal ordinary income; and (c) your personal...
Forum: Small Business Finance 31st August 2011, 02:05 PM
Replies: 9
Views: 3,896
Posted By ArcSine
BTB has done a nice job of painting the picture,...

BTB has done a nice job of painting the picture, so I'll just chip in with a extra 2 cents...

OldManDusty, I'll continue with the simplifying assumption that you kicked it off with; viz, that your...
Forum: Small Business Finance 22nd August 2011, 07:57 AM
Replies: 6
Views: 4,627
Posted By ArcSine
Rwenlee, with your proposed arrangement, you are...

Rwenlee, with your proposed arrangement, you are bearing one-half of the expenses from your own pocket.

If, as Jill insists, the fair thing is to split expenses 50 / 30 / 20, then by the same...
Forum: Small Business Finance 9th June 2011, 08:47 AM
Replies: 7
Views: 5,745
Posted By ArcSine
You're giving Profit Margin credit for much...

You're giving Profit Margin credit for much greater complexity than it deserves....it's 4 or 5 simple calculations, tops. 5 minutes spent putting a couple of simple calculations into one or two Excel...
Forum: Small Business Finance 6th June 2011, 08:57 AM
Replies: 8
Views: 19,538
Posted By ArcSine
Excel (or any other spreadsheet) might be a nice...

Excel (or any other spreadsheet) might be a nice weapon of choice. Create a simple billing database.

Each job has its own row, with columns for all the obvious stuff like Customer Name, Supervisor...
Forum: Small Business Finance 1st May 2011, 08:19 AM
Replies: 7
Views: 5,745
Posted By ArcSine
Profit margin is one of those things which is...

Profit margin is one of those things which is conceptually extremely simple, yet at the applied level is pretty case-specific. In other words, profit margin is a very simple idea (as Yogi Berra...
Forum: Small Business Finance 28th January 2011, 08:10 AM
Replies: 3
Views: 1,870
Posted By ArcSine
If by "...I receive 100%..." you mean that you...

If by "...I receive 100%..." you mean that you are to be allocated all of the LLC's profits / losses, then it'll play out like this...

First the LLC will report to you all of the 1,000 net profit...
Forum: Small Business Finance 30th December 2010, 01:36 PM
Replies: 3
Views: 3,735
Posted By ArcSine
The availability of the customary tax benefits...

The availability of the customary tax benefits (depreciation expense, Section 179 first-year expensing, etc.) are not dependent on your having a receipt.

In the unlikely event that you are...
Forum: General Small Business Issues 19th November 2010, 08:06 AM
Replies: 2
Views: 2,073
Posted By ArcSine
Generally, yes...in fact, this is typically a...

Generally, yes...in fact, this is typically a component of many acquisitions.

If the "target" assets (those of the company you're buying) are already encumbered by pre-existing debt (and such debt...
Forum: Small Business Finance 13th October 2010, 08:21 PM
Replies: 10
Views: 15,143
Posted By ArcSine
The odds are good you'd do better to finance the...

The odds are good you'd do better to finance the real property separately, for two reasons...

Your total cost of capital is almost always less when you 'target' finance the various pieces of the...
Forum: Small Business Finance 8th October 2010, 08:36 AM
Replies: 2
Views: 2,459
Posted By ArcSine
It can easily be reduced to an equation, but the...

It can easily be reduced to an equation, but the equation depends on the expected sales mix.

To illustrate (and just working with dollar margins instead markup %s for a moment) suppose I have two...
Forum: General Small Business Issues 1st September 2010, 08:11 AM
Replies: 5
Views: 2,099
Posted By ArcSine
I'm in basic agreement with the undeserved rap...

I'm in basic agreement with the undeserved rap offshore outsourcing "enjoys", fanned somewhat by mainstream media. Generally, when each of two economies specialize in the area in which it has a...
Showing results 1 to 25 of 45

 
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