Small Business Tax Center
Small Business Ideas, Grants &
Plans to Start & Run a Business:

Small Business Grants
Network in Cyberschmooz Community Ask Questions Questions and Answers Share Tips Small Business Ideas List Your Business Business Advice from Idea Cafe Experts Coffee Talk with Experts Starting A Business Business Plan Biz Planning | Sample Plans Small Business Ideas Idea Name Your Biz Name Plan Your Biz Plan Financing $ Starting a Business Do It! Running your Business Marketing Tips Promotional Merchandise Marketing Tips Marketing | Sales | Customers Human Resources HR | Employees | Contractors Legal Forms & Tax Information Legal | Biz Forms Managing a Business Managing | Operations
Financing Resources Financing Your Business E Commerce & Webhosting eCommerce Take Out Info Trade Publications FREE Trade Publications Business Books Biz Books Your Own Business Small Business News Small Biz News Gen X Biz Gen X Biz Work at Home Work @ Home Business Information The Fridge - Biz Info on Ice Destress Send Awards Send Awards & Greetings Yoga At Your Desk Yoga @ Your Desk Fun Guide Guide to Find FUN Online About Idea Cafe Press Idea Cafe has received Idea Cafe in the News Idea Cafe's Kudos Kudos for Idea Cafe Advertise on Idea Cafe Advertise on Idea Cafe Privacy Policy Privacy Policy Contact Idea Cafe Contact Idea Cafe Link to Idea Cafe Link to/from Idea Cafe Join Idea Cafe
Search Idea Cafe Site Directory Site Map Online directory to business resources Biz Web Guide

Coffee Talk Expert

About our Guest Expert Peter Hupalo of Hupalo, Ltd.

Peter Hupalo of Hupalo, Ltd. When Peter's not busy running his own business, Hupalo Ltd., he's brushing up on the latest computer-programming technologies or researching companies for investment. He also writes a short column about entrepreneurship and small business for and reviews biz books for the site. Speaking of books, Peter wrote his own! His labor of love to small biz, Thinking Like An Entrepreneur, is all about how to make savvy business decisions and take real control of your financial destiny. A numbers guy, Peter holds undergraduate degrees in math and physics from The University of Minnesota Institute of Technology and a masters of physics degree from its graduate school. When he's not fine-tuning his business skills, Peter's a big fan of the movies and his two "cute" cats. If you'd like to chat with Peter, you can contact him via his website. (Idea Cafe reviewed his biz book. Check it out!)

Peter's Answers

I'm trying to find an outline on the start-up stages of a company... I'd appreciate it if anyone has any information regarding what the stages are.

I'd like to open a teen resale shop offering name brands, such as Tommy Hilfiger, Nike, Gap, Old Navy, Mudd, Lei, Abercrombie & Fitch, American Eagle etc. ... Do you think this could be a profitable business? There's not anything like this in my neighborhood.

I've been in business for 11 years....I have an idea for expansion....I just got turned down for a loan by the bank....I just can't express how defeated I felt when "Mr. Potter" told me he didn't think I was ready for this and that I should wait another year. No offense, but what does he know? Has he ever been responsible for the wages of others? Has he ever had an original thought for that matter?...What do you think? Am I misguided or is he really a descendant of the original Mr. Potter?

....We became an S corp a few months ago....I'm a little confused tho, on what we'll have to pay the state, what taxes are. There is so much talk about double-taxation savings, I don't really get it. When I went out to the IRS site, there are 30 different S corp forms. Which ones really pertain to us?? Also, we were told by our accountant that we don't need a fictitious name-however, at least 10 people have told us we DO. Help?

I need advice on how to set up a plan to outline the development, implementation and evaluation of a new company objective: client retention. ... Any ideas how to present this from start to finish (including ROI) to an Executive Management Team?

As the owner and manager of my business, I contract all my labor and pay as I go a set fee per piece.... I've been asking around what is best in terms of taxes (so far no answer). I'm listed as an LLC and all profits flow through my income tax. Do most business owners pay themselves on the books or just take money as it comes in? How much do they leave to run the business and leave for further business investments within their company?

What exactly does "being bonded" mean? What advantage does it have? How do you go about doing it? What is the cost associated with it? Looking into starting a home-based business where I'll be doing inventories of other people's homes (valuables, collectibles, etc...) for insurance purposes.

I understand the process of incorporating, but I just don't get how you get control of your company, do you have to buy your own shares?

How do you go about setting up a business group or association of independent businesses?


Small Business Tax CenterIdea Cafe HomeSign UpBiz Grant CenterCyberSchmoozCoffee Talk with ExpertsPeople in Biz ProfilesStarting Your BizBiz PlanningRunning Your BizFREE Trade PublicationsMarketingFinancing Your BizHuman ResourcesLegal & Biz FormsManaging Your BizeCommerceYou and Your BizGen XWork@HomeThe FridgeDe-StressSend an AwardSend an eGreetingYoga @ Your DeskWeb GuideIdea Cafe in the NewsAbout Idea CafeAdvertise on Idea CafeContact UsPrivacy PolicySite MapSmall Biz News

Copyright 1995-2024, Idea Cafe Inc. Downloads are for personal use only, not for resale to others, and may not be reprinted in any form without written permission from Idea Cafe Inc.

DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages.

TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business™, CyberSchmooz™, and BizCafe™.




Have a biz question of your own? Go post it in CyberSchmooz

Meet the other Experts

For more biz answers go to Coffee Talk Answers.