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Funding a business
No need to audit home-based business
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[QUOTE="Alexandoy, post: 111216, member: 25510"] A home-based business is usually a small business by a budding entrepreneur. The highly suggested type of home-based business is one that would have an ending in the day. One example is the traditional lemonade stand. You prepare the lemonade in the morning and at the end of the day you can compute for the sales and profit. The accounting book will be closed, so to speak. [ATTACH type="full"]45847[/ATTACH] Other home-based business that ends every day are… 1) Barbecue stand 2) Cooked snack food 3) Cooked desserts In the morning you will need the capital to buy the needed ingredients and other items needed in preparing your product. You sell it for the whole day. At night you could easily see the figures – the total sales, the total expenses, and the profit. This type of business is as easy as pie. [/QUOTE]
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