An arm’s length transaction is a deal wherein both buyer and seller are independent, unrelated, well-informed, have equal bargaining power, and are acting purely in their own self-interest to get the best price out of the deal. And because they are both on equal footing, an arm’s length transaction is one that meets fair market… The post What Is an Arm’s Length Transaction? appeared first on Fit Small Business. from https://fitsmallbusiness.com/what-is-an-arms-length-transaction/
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The keys to building a vending machine business are finding and selling the right locations, having a lot of locations, keeping machines clean and stocked, and maximizing net margins on your inventory. The steps to start a vending machine business are: Decide if a vending machine business is for you Figure out what type of… The post How to Start a Vending Machine Business in 5 Steps appeared first on Fit Small Business. from https://fitsmallbusiness.com/find-vending-machines-for-sale/ Buying a business is a big undertaking and getting a loan to buy a business can be the most complicated part. Banks set high standards that both you and the potential business have to meet before you’re approved. We’ll show you how to get a loan to buy a business and where to find business… The post How to Get a Loan to Buy a Business in 2018 appeared first on Fit Small Business. from https://fitsmallbusiness.com/how-to-get-a-loan-to-buy-a-business/ Whether you do your own taxes or hire a professional, you need to understand what tax deductions and credits you may qualify for as a small business owner. If you can familiarize yourself with what you can deduct and have a general understanding of how the deduction calculations work, you’ll be able to maximize your… The post Maximize Your Tax Refund in 4 Easy Steps appeared first on Fit Small Business. from https://fitsmallbusiness.com/maximize-tax-refund/ If you are a sole proprietor or single-member LLC and use your home as your office, you could qualify for a home office tax deduction. For example, if you use 15% of your home as an office, you can write off up to 15% of your household bills, such as utilities, insurance, and general repairs.… The post Home Office Tax Deduction: What it is, Formula, & How to Qualify appeared first on Fit Small Business. from https://fitsmallbusiness.com/home-office-tax-deduction/ The keys to building a vending machine business are finding and selling the right locations, having a lot of locations, keeping machines clean and stocked, and maximizing net margins on your inventory. The steps to start a vending machine business are: Decide if a vending machine business is for you Figure out what type of… The post How to Start a Vending Machine Business in 5 Steps appeared first on Fit Small Business. from https://fitsmallbusiness.com/find-vending-machines-for-sale-draft/ The moment customers step in to your shop, those first few seconds they take to look around their surroundings will decide whether they want to stay or not. This is why your retail store’s layout and design is a huge factor in getting those all important sales. The good news is that you don’t need… The post Top 15 Retail Store Design Ideas from the Pros appeared first on Fit Small Business. from https://fitsmallbusiness.com/retail-store-design-ideas/ When employee behavior does not meet company standards or expectations, it directly affects profitability. There are a number of ways to maintain your employees’ focus and prevent counterproductive behavior, but not all measures work for all businesses. If you feel uncertain on what to do when facing behavioral issues with employees, then this article is… The post Top 20 Employee Discipline Tips from the Pros appeared first on Fit Small Business. from https://fitsmallbusiness.com/employee-discipline-tips/ Every small business needs a business checking account to keep track of their money and to process financial transactions. However, many small business checking accounts are similar and it’s difficult to know which one to pick. To help, we looked at a range of possible options and narrowed them down to the 6 best small… The post The 6 Best Small Business Checking Accounts for 2018 appeared first on Fit Small Business. from https://fitsmallbusiness.com/best-small-business-checking-account/ A sexual harassment policy is a document prohibiting both kinds of sexual harassment in the workplace – quid pro quo and hostile work environment. It typically provides examples of prohibited workplace harassment, such as unwanted touching, teasing, or inappropriate jokes, and contains information on how to report a complaint. This guide will show you how… The post Sexual Harassment Policy Guide With Free Template appeared first on Fit Small Business. from https://fitsmallbusiness.com/sexual-harassment-policy-free-template/ |
AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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