Business Contents Archive

Business is Slow this month, My Business Partner Wants to Take Out a Loan to Pay Ourselves

Our business is typically slow in January. My outlook is that if we don't make any sales, we don't get paid. I personally have money stashed away to hold me over for slow months. My business partner always is in need of money and anxiously waiting for the next day we can pay ourselves. Since we have't had any sales in Jan, he wants to take out a business loan so he can have money in his personal bank account. I don't agree with this. I think a loan should only be taken out to pay for the growth of the business, such as buying equipment, buying inventory, building an office. Not strictly for the sake of paying the owners. Should I tell him to get a personal loan on his own if he's in need of more money?

What's a good profit margin to you?

I googled this and it said 20%. My problem is I set my unit pricing for merch at a point where I average around 10% profit. Is that good? Any higher and I feel I'll scare away potential customers.

Is it common for small businesses to have employee conflicts? How to handle and not feel like its the end of the world.

I own a small restaurant which is run by my employees and Manager. My husband and I recently opened a 2nd location and my anxiety is through the roof. We had our fair share of employee conflicts and they typically are not a huge deal but today one of our staff expressed that another employee is slacking off and not helping out as much as he should. This "slacker" we recently gave him a raise too and hes our main employee that handles our kitchen. So to hear this news was incredibly disappointing because i trusted him and thought he deserved the raise. I dunno how to feel right now. Our manager is gonna talk to him but I'm scared of the worst possible things that can happen.....

Can You Still Apply And Receive 1st and 2nd PPP and Both Forgiveness?

I have already applied for and received both forgiveness for my business however my relative also has a business and I want to help them apply. I didn't have time to help them before but now I do I was wondering if I can still even do it now or is it all expired?

This tree sap has been prized for over 6,000 years — but the trees producing the sap could soon be no more https://t.co/HJfsGCeqc2

Making Purchases With Personal Card for the Business

I have a small business account that was historically just used to pass money through to my personal account. I am re-purposing the business and would like to start making purchases on behalf of the business, so I ordered a CC for it. The CC won't be here for another week, but I would like to make some time-sensitive purchases today. Can I just make those purchases with my personal CC and when it comes time for taxes, I just write them off on behalf of the business?

T-E-S-L-A. Biden calls himself a union guy and a car guy, but he's evidently not a Tesla guy https://t.co/l1SpFMjJkU

Automated business phone answering service

Any recommendations ? Looking for a new landline for business with automated answering

Some illegal immigrants would be really helpful right now

So my title is about 50% joking. But with the staffing shortages everywhere. It seems like more able bodied human beings who want to work would be helpful.

Best marketing tips?

I own a commercial cleaning business and need to market it on a budget. All tips are appreciated.

Here are 8 books that will help you sharpen your strategic thinking. https://t.co/KG5AANp3c2

"The problem then is not that we lack the means to spot incompetence, but that we more often choose to be seduced by it." https://t.co/EzNN8I9F90

Amazon is exploring an offer for exercise-bike maker Peloton, a source says https://t.co/YLyu7oRZL0 https://t.co/LP5Nj6PLOY

Adult Entertainment -- Where to hire?

My friend owns an adult entertainment company. Think similar to onlyfans, but she works with a team of adult content creators and runs 20+ social media accounts. The jobs they're looking to fill are about running the social media accounts. Most of it is PG-13 (content for instagram, tiktok, youtube). None of it pertains to actually creating or shooting porn, it's all social media roles. So far the only people they've hired are personal references. They're looking to expand and aren't sure where to hire. She's tried indeed but got banned. What are some other options for her to hire people? Other websites? Recruiters?

Name for formal clothing buissness

I'm looking for a name for my formal clothing startup that sounds appealing to both men and woman