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Starting a Small Business/Questions

SubjectDate AskedExpert
LLC or S-Corp2/7/2012David K. Staub
  Q: I am filing this week to start a new venture in MO. I will be sole owner and operator until ...
  A: There are a number of differences between an LLC and an S Corp. The principal reason I find people ...
Starting a dog business2/6/2012Lee Lister
  Q: I recently got certified as a dog trainer and am planning on opening my own business or a franchise ...
  A: Welcome to the world of business and all it's risks. There are no insurances to protect you from ...
Starting a Website Building Compan2/3/2012Lee Lister
  Q: I can create basic business websites in 2-3 hours using WordPress and Artisteer. It's fun and I want ...
  A: This is a very competitive area you are looking to move into and your profit margin will be low so ...
Trust Fund Question1/30/2012Paul Sid, CPA CFA
  Q: How exactly does a trust fund work? Specifically, my father has told me that I will inherit a trust ...
  A: It sounds like you have a great and smart father. What are trusts? Trusts are legal vehicles which ...
Business Name1/26/2012Lee Lister
  Q: I have been planning on starting a clothing line for almost a year now and I need some guidance. My ...
  A: I am from the uk so do not have the same cultural prejudice as an American although I have lived in ...
Structure of a business as LLC or S Corp1/24/2012Paul Sid, CPA CFA
  Q: I would like to know what is betther for a clothing company LLC or S Corp? Which are the benefits ...
  A: It appears that you have done your homework and is narrowing down your decision to two choices: LLC ...
How the company’s weighted average cost of capital (WACC) is narrated generally?1/18/2012Paul Sid, CPA CFA
  Q: Respected Sir, Hope and wish that this message will catch u in best of health and luck. Sir as ...
  A: What is available on the internet is much more detail that a brief explanation that I can provide. ...
How can a 17 year old earn a lot of money within a year1/15/2012John A. Troland
  Q: I'm writing to ask you a question which may seem quite audacious, but i hope you can help me in any ...
  A: Ryan: Unfortunately what seems like a really simple question ( how to earn a lot of money in a year) ...
Formation of LLC by non USA resident1/13/2012David K. Staub
  Q: I understand that it is possible for a non USA resident to form an LLC. My questions related to ...
  A: Darryl, Those are very good questions! Fortunately, the answers are probably the ones you wanted ...
Ticket broker1/1/2012John A. Troland
  Q: I'm interested in becoming a ticket broker. I have researched this business, but there is not much ...
  A: Tim: Sounds like that website you refer to his your BEST BET for getting ALL THE INFO you need ...
Becoming Properly Incorporated12/21/2011John A. Troland
  Q: Troland, I plan on starting, at least at the beginning, 1. a part-time house call acupuncture ...
  A: Mike: I have two very important thoughts/bits of advice for you: First ( based on my 47 1/2 years as ...
Small rental car business versus taxi service startup questions12/19/2011John A. Troland
  Q: I live in Mobile, Alabama. Mobile is a port city on the coast of Alabama. The city just got a bus ...
  A: Keri: Thank you for contacting me via AllExperts re: your new business startup ideas re: "small ...
Small rental car business versus taxi service startup questions12/19/2011Lee Lister
  Q: I live in Mobile, Alabama. Mobile is a port city on the coast of Alabama. The city just got a bus ...
  A: This sounds awfully like a paired down taxi service. Ask yourself two questions. 1) why aren't the ...
I wish to start a small business!12/19/2011John A. Troland
  Q: My name is Kevin Kim, and I am a college student studying business at Baruch College in NYC. I have ...
  A: Kevin: Thank you for contacting me thru AllExperts re: your inquiry re: starting your own business. ...
Terminology12/18/2011Lee Lister
  Q: I've been trying to research this, but I'm really not understanding it... Basically, my question is ...
  A: Brokers are qualified real estate agents who then take their brojpkers exams. Some brokers sell and ...
Formation of an LLC12/15/2011John A. Troland
  Q: My husband is interested in forming an LLC with his friend to purchase real estate/rental houses in ...
  A: Mandy: As I am not an attorney I would suggest you consult with a small business attorney in your ...
starting a business with a minor12/7/2011John A. Troland
  Q: I have an interest in starting a business distributing tactical gear in the United States based out ...
  A: Christian: For starters your basic question that you pose is a legal question re: your partner being ...
Questions on a Operating Agreement for a LLC12/3/2011Paul Sid, CPA CFA
  Q: I wanted to find out the purpose of an operating agreement and how I can go about formulating one ...
  A: Purpose of the operating agreement. We live in a litigious society. Should one get sued courts ...
opening vocational and CNA Training school in illinois11/22/2011John A. Troland
  Q: is there any way of getting a consultant to prepare the curriculum and submit for license?and what ...
  A: Durodola: To find and hire a consultant to prepare the curriculum for your proposed vocational and ...
Starting an online business11/16/2011Lee Lister
  Q: Me and my friend came up with the idea of a lawyer's directory in our country. Our concept of the ...
  A: I know nothing about your country requirements I am afraid. I can however give you the following ...
new jobs!!11/10/2011John A. Troland
  Q: im looking to start a small "escort service" in Miami.it is called Papa Bears escorts! I already ...
  A: Doug: If you want business you MUST advertise!!!! That being said I would suggest you start with a ...
Accounting11/4/2011John A. Troland
  Q: as an accountant is there more to it than filling out statements like giving financial ...
  A: Ben: An accountant works with bookkeeping, accounting, income tax work and in many instances some ...
Owning a home care business11/3/2011John A. Troland
  Q: Im looking to start a certified home health business and I want to obtain my ein and I was wondering ...
  A: Folarin: Single member LLC is much better: LESS paperwork than a corporation and basically the same ...
Interested in starting a small business10/28/2011John A. Troland
  Q: I'm interested in starting a small business in the beauty industry business, selling hair and skin ...
  A: I have 2 SUPER SUGGESTIONS for you as THE BEST resources for someone like you interested in starting ...
Interested in starting a small business10/28/2011Kimberly Davison-Fujioka
  Q: I'm interested in starting a small business in the beauty industry business, selling hair and skin ...
  A: The beauty Industry is doing well now. I commend you for entering this exciting area. The fact that ...
Interested in starting a small business10/28/2011Nicole Bienfang
  Q: I'm interested in starting a small business in the beauty industry business, selling hair and skin ...
  A: That's great that you want to get into a business in which you already have a per-existing skill ...
Doing business in another state10/25/2011John A. Troland
  Q: First of all, thanks for taking the time to read my questions. I am interested in starting a pet ...
  A: Joe: Although I have a gazillion years of being a business consultant I do not feel qualified to ...
Buying a Small Tavern/Restaurant10/20/2011John A. Troland
  Q: My son (35 years old) wants to buy a tavern/restaurant 350 miles away from where he works.Having ...
  A: Laurel: I am a business consultant in my 47th year in business. That being said I hereby decline to ...
Owning a home care business10/20/2011John A. Troland
  Q: I want to open a certified home health aide agency in new york and I wanted to know if I should ...
  A: Folarin: An LLC is much easier to form than a corporation with much less paperwork and basically ...
Regarding business..10/18/2011Nicole Bienfang
  Q: myself bilal and am working in muscat as civil engineer. I'd like to do some business for my extra ...
  A: This is a vague question. I do not know how you expect me to answer. What kind of business are you ...
home based business start up10/15/2011Nicole Bienfang
  Q: I want to start a home based business primarily on the web. I collect antuiques and vintage stuff. ...
  A: Hey Richard! It's great you want to start a home based business! It seems that you know what your ...
used spare parts business in UAE10/9/2011Nicole Bienfang
  Q: What are the pre-requisites for starting a used auto spare parts small business with investment of ...
  A: Well the pre-requisites for this type of business regardless of how much start-up capital you have ...
Starting and LLP and tax deductions?10/5/2011John A. Troland
  Q: I have a tax question. I'm creating an LLP and found out not only is it $500 to create the LLP but ...
  A: Jeff: YES you can claim the startup costs BEFORE you form the LLP. HOWEVER it would have to be done ...
Starting up a small business.10/5/2011John A. Troland
  Q: I'm max I was just wondering if you could help me out with hopefully starting my business. I'm 18 ...
  A: Max: ABSOLUTELY it would be WELL WORTH IT to have a website. Go for it! Set one up or have someone ...
pricing my services10/4/2011Nicole Bienfang
  Q: I’m going to start a small packaging company. Packaging non-perishable items from as small as bolts ...
  A: The way to figure out pricing in any industry uses pretty basic formulas. You obviously want to turn ...
Opening a business or not10/4/2011Nicole Bienfang
  Q: my question is as follows: I currently work as a probation officer in Alberta, Canada in a highly ...
  A: First I want to say it saddens me that you want to leave your current position. I'm not sure how it ...
Quickbooks10/3/2011John A. Troland
  Q: I am so, so tired of working for other people. I'm 52 and want to start a my own business. I'm ...
  A: Kim: I have JUST THE PERFECT ANSWER for you: do an internet search for Universal Accounting Center ...
mundane management activities for a initial business9/23/2011Nicole Bienfang
  Q: I have got a valuable answer for my previous question, which made me to ask another question. (Que: ...
  A: I really appreciate it. I'm glad you took my advice and made some contacts. This should be ...
starting llc during divorce9/23/2011Nicole Bienfang
  Q: I'm getting divorce. 2 months ago I filled for that and it is moving very slow. Now my friend and I ...
  A: Even though your question in theory was short the actual answer is potentially long as it is a very ...
smal business for non-resident9/21/2011David K. Staub
  Q: I am in the process of speaking to some immigration attorneys about migrating to California and one ...
  A: Looking purely at the legal aspects, setting up a business CAN be very simple, and in most cases it ...

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Starting a Small Business

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John A. Troland

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I am a professional accountant, small business consultant and business plan writer with 43 years experience ( I am also listed on allexperts website as a volunteer in the category of Writing Business Plans).I can answer questions on what needs to be done to start a small business; forms of legal organization;financing for the business; need for a business plan; questions related to the purchase of a business; risks and rewards of owning a small business; marketing and promotion questions and questions concerning bookkeeping, accounting and tax considerations when starting a small business

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numerous clients over 43 years in retail, wholesale, service and the
manufacturing sectors

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