Tag: Business

Business Description – Entrepreneur.com

Let readers of your business plan know exactly what type of business you’re in.

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The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business. Base all of your observations on

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California Prop. 15 explained: Voters to decide ‘split roll’ property tax hike on big business

As Election Day on Nov. 3 approaches, California voters will be asked to decide on Proposition 15, which would increase funding for public schools, community colleges and local governments by changing how commercial and industrial properties are taxed.

Back in 1978, Proposition 13 was the taxpayers’ revolt against high property taxes and doing anything to change it was considered touching the third rail of politics. Proposition 15 would change it.

Proposition 15 increases property taxes on most commercial real estate worth more than $3 million. It does not touch private property tax.

Private property taxes and smaller businesses would continue

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How to Use a Production Budget in Your Business



a close up of a street: White yogurt packages on a production line in a dairy farm.


© Getty Images
White yogurt packages on a production line in a dairy farm.

Before I got into accounting, I regularly made fun of my wife’s budgeting habits. Every month, she’d write down all her expenses from the month before in a little diary and calculate how much she’d spent on various credit cards and for utilities. Depending on how the month went, she’d allocate money for the next month.

I look back on those days now and laugh. As an accountant, my life is now dominated by budgets, including the master budget, capital budget, and, the subject of

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12 Tips To Start A Buy and Sell Used Cars Business

So, you’re considering to start your own business in buying and selling used cars. In this business, it helps to have some working knowledge about cars, marketing, and integrity, although it is not a requirement. For some, it might be the buying that is intimidating, while others are more concerned with being able to make regular sales. But when you have the right tools in your arsenal, you’ll be better prepared to successfully take on the used car sales business. Buying and selling used cars can be a very profitable venture when you follow a few sound car-buying-strategies.com.

  1. Check
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Writing a Business Plan – Operations Strategy

A business plan includes many sections including an assessment of your product and your operations strategy. Operations have a steep learning curve, but many successful companies, such as Wal-Mart, have grown by leveraging their operational infrastructure.

Operations and Your Company

This will depend on the nature of your business. If you’re selling a consumer good, it will be important to make sure you can get your products to your clients at the time you promise. A service company relies on an operational plan to make sure customers are taken care of in an efficient manner. When writing your business

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