The 100,000 that you put in is considered Owners Capital and if you withdraw any money from the business then that would be considered a draw and not taxable. The income that you earn in the...
Type: Posts; User: Kruncha; Keyword(s):
The 100,000 that you put in is considered Owners...
The 100,000 that you put in is considered Owners Capital and if you withdraw any money from the business then that would be considered a draw and not taxable. The income that you earn in the...
I would always suggest a commission program based...
I would always suggest a commission program based on gross margins and not revenue. The problem with a revenue based commission is that salespeople will be motivated to just sell at the lowest price...
Accounting Services for Small Business
I am really looking for feedback in this forum on getting bookkeeping help for small businesses. There are a lot of cloud accounting services available where you can sign up and have your bank...
Freshbooks is easy to use for invoicing and can...
Freshbooks is easy to use for invoicing and can be linked with accounting software like Xero and Quickbooks. I would recommend a simple solution like this.