Comments on: Business Owner & Freedom Fighter in One

By: knwldg wzrd

knwldg wzrd — Sat, 07 Feb 2009 19:02:20 +0000

Depends on how much capital is invested. 3-5 % profit is OK.

By: nicesinging1

nicesinging1 — Sat, 07 Feb 2009 17:08:25 +0000

Read … It wont take you long to go through these books.. and they are SUCH a help to anyone thinking about going into business…

By: Jordan p

Jordan p — Sat, 07 Feb 2009 07:27:03 +0000

Legal aspect depends on whether you are sole trader or any type of public enterprise.
Accounting aspect – when you stop pulling your wage your company costs go down, your profit goes up and so does your income tax.
You will have no social securities and depending on your age it will hurt your pension volume if you pull your wage out.

By: Amy B

Amy B — Fri, 06 Feb 2009 13:52:22 +0000

Register your store name as an assumed business name in the state/county of your residence. Then apply to the IRS for a federal tax ID number.

By: Xtina

Xtina — Thu, 05 Feb 2009 02:28:34 +0000

Legal documents should be mailed to the business's address for service of process. If it's a sole proprietorship, this is the residence of the owner. If it's a corporation, it's the address filed at incorporation.

You can also hand-deliver documents or have them served by the Sheriff.

By: Pierce411

Pierce411 — Wed, 04 Feb 2009 20:48:14 +0000

you should go to your local city hall/building and construction department and ask.

By: Sociopath

Sociopath — Wed, 04 Feb 2009 15:44:12 +0000

It sounds like you are at that point. If it feels like too much, it probably is and if you are in the black, you can definitely outsource now.

If you are concerned about handling the legal aspects, book keeping, etc. of a new hire, you can go through a temp. agency first.

That way, you pay the agency and they handle payroll, etc. for their employee. The agency can coach you through it. You can always keep the person on, too, if it works out.

By: Lauren B

Lauren B — Wed, 04 Feb 2009 15:40:01 +0000

Everything you need to know about how to petition for a foreign worker can be found on the following websites. Please read these websites very carefully before you apply.

Overview of the Immigration forms:
http://www.uscis.gov/portal/site/uscis/menuitem.eb1d4c2a3e5b9ac89243c6a7543f6d1a/?vgnextoid=db029c7755cb9010VgnVCM10000045f3d6a1RCRD&vgnextchannel=db029c7755cb9010VgnVCM10000045f3d6a1RCRD

Temporary Workers:
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=a7cc6138f898d010VgnVCM10000048f3d6a1RCRD&vgnextchannel=48819c7755cb9010VgnVCM10000045f3d6a1RCRD

Petition Form
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=f56e4154d7b3d010VgnVCM10000048f3d6a1RCRD&vgnextchannel=db029c7755cb9010VgnVCM10000045f3d6a1RCRD

Employment based immigration (Permanent):
Overview:
http://travel.state.gov/visa/immigrants/types/types_1323.html#labor

Petition Form:
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=4a5a4154d7b3d010VgnVCM10000048f3d6a1RCRD&vgnextchannel=db029c7755cb9010VgnVCM10000045f3d6a1RCRD

By: jjj

jjj — Wed, 04 Feb 2009 15:20:30 +0000

It should be achievement-oriented. It should elaborate on specific achievements for which he is responsible while operating his own business. It also should outline some of the skills, both managerial and manual, that he acquired during the course of his work in his business, because they may be transferable.

It should remain within the guidelines of a standard resume in terms of length and information. Certain categories concerning personal information and background would remain the same. He would maybe benefit from using a lot of business references who do not present a threat as rivals.

I think your friend should visit his local human resources office and ask whether any sample resumes are available for reference. I have found one on the Internet, but I think I have seen better sample resumes for individuals who have remained in the same position for a number of years.

http://www.freeresumesamples.org/samples/sales/outsidesales.asp

As well, he might benefit from looking at different links on the web site shown above.

Having owned and operated his own business would not necessarily be a negative factor. I think it is more likely to be a positive influence, because it generally seems to be an indicator that he is well-motivated. How much of an influence it would be could depend on the type of job he is seeking and on the individual personalities involved. Whether he is over-qualified for a job would depend on the position under consideration.