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Shareholders cannot deduct any loss of the corporation, but they are also not responsible directly for taxes on their earnings – just on the dividends they give to shareholders . Finally, financial projections will be made, and short-term and long-term goals will be set for the business. Once you've outlined your costs, you'll need to justify them by detailing your financial projections. This is especially important if you're looking for funding for your business (which you'll learn more about below). Make sure your financial model is 100% accurate for the best chance of convincing investors and loan sources to support your business. Your start-up cost refers to the resources you'll need to get your business started — and an estimate of how much each of those resources will cost. More About Start Your Own Business In service and support, we offer a range of walk-in or depot service, maintenance contracts and on-site guarantees. JJB aims to offer its products at ...