Matt S asked:


I was thinking about wanting to start my own business but am not really good at nything. I think it would be cool to start my own bussiness cleaning carpets and buffing floors and things of that business. What do you guys think? any other ideas for business starters?

Bev

ameri0903 asked:


In the current year David incorporates his carpet cleaning business which has been run as a single proprietorship for 5 years. He transfers the following asset to the business:

How much taxable gain will David recognize from the transfer of the assets to the corporation?

What is the corporation’s basis in this asset?

If David sells his stock in the new corporation to Bob for $71,000, what is the amount of his gain?

Kacie

The Best Answer asked:


I have no experience cleaning carpets, so I don’t know what I should buy, where to buy or how I can get proper training on how to clean carpets….Any suggestions would be great

Ben

Seth asked:


Is the recession bad for a carpet cleaning business?

Brandie

Birds Man asked:


We own a small carpet & upholstery cleaning business, and it seems like its slowed down for the past 3 weeks since New Years. Is this a sign that we are not doing something right or is there a down turn at the begining of the year?
Thank you so much.

Kimberley