Monday, August 25, 2008

CREDIT CARD FOR BUSINESS, WHY NOT?


If you have credit card 2 until 5, with limit 300 usd until 1000 usd , Is it possible that you can make capital for have business? I think it's possible . Its way??
  1. Buy various saleable product for many people, buy that saleable product in grocery with your credit card then sell again the product to small shops or to co-operation
  2. If You have computer hobby with grafika desain, you can buy 1 unit of computer, printer, scanner with your credit card, then with your ability to design various invitation, visiting card, serifikat, you'd can build a business.

But Don'T forget, You have to be bright and take a care in calculating between your income with instalment and also yours credit card interest, but this non difficult matter. You can discuss with one who more experienced.

In this time I know only 2 ways, whether readers can give the other way?

Success for you,

piter m.s



Tuesday, August 12, 2008

WHAT'S SMALL BUSINESS??

A small business may be defined as a business with a small number of employees.
The legal definition of "small" often varies by country and industry, but is generally under 100 employees in the United States while under 50 employees in the European Union (In comparison, the American definition of mid-sized business by the number of employees is generally under 500 while 250 is for that of European Union).

These businesses are normally privately owned corporations, partnerships, or sole proprietorships. In Australia, small business is defined as 1-19 employees and medium businesses are made up of 20-200 employees.

However, other methods are also used to classify small companies, such us annual sales (turnover), assets value or net profit (balance sheet), alone or in a mixed definition. These criteria are followed by the European Union, for instance (headcount, turnover and balance sheet totals).

Small businesses are common in many countries, depending on the economic system in operation. Typical examples include: convenience stores, other small shops (such as a bakery or delicatessen), hairdressers, tradesmen, solicitors, lawyers, accountants, restaurants, guest houses, photographers, small-scale manufacturing etc. Small businesses are usually independent.

The smallest businesses, often located in private homes, are called microbusinesses (term used by international organizations such as the World Bank and the International Finance Corporation) or SoHos. The term "mom and pop business" is a common colloquial expression for a single-family operated business with few (or no) employees other than the owners. When judged by the number of employees, the American and the European definitions are the same: under 10 employees.

SOURCE: http://en.wikipedia.org/wiki/Small_business

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