About starting a web-based business selling

Assignment Help Business Economics
Reference no: EM13830822

Your sister is thinking about starting a Web-based business selling specialty tea to upper middle class Americans who are working outside the home for compensation. She is unsure if she also wants to open up a physical store in her current home State of Florida. If the business is to start in 3 months, what key decisions will your sister face during that period, and how might state and local taxes impact them? In addition, your sister has stated she would move to another state, if you can arrive at a valid reason for her relocation to another state.

Please Respond to both questions that are in bold.

Reference no: EM13830822

Questions Cloud

Think about the demand for college education : Take a minute to think about the demand for college education and whether or not the costs of attending college (not just tuition, but also some of the opportunity costs associated with attendance) influences the number of students who attend college..
Explain both the purpose of health insurance : Explain both the purpose of HEALTH INSURANCE and how it works. Define the concepts of adverse selection and moral hazard, then, discuss how they are present in the context of health insurance.
Direct manufacturing labor rate variance : a) Calculate the following variances:             Direct manufacturing labor rate variance             Direct manufacturing labor usage variance
When deciding to produce a stethoscope : When deciding to produce a stethoscope
About starting a web-based business selling : Your sister is thinking about starting a Web-based business selling specialty tea to upper middle class Americans who are working outside the home for compensation. She is unsure if she also wants to open up a physical store in her current home State..
Economist to estimate the price elasticity of demand : You work at a Gazebo company (Shady Tents) and you hire an economist to estimate the price elasticity of demand for your product, and the estimate is .9 (in absolute value) and this has been fairly stable over the last year.
Using supply and demand analysis : Cars are lasting longer. The expected number of miles traveled over a vehicle's life has risen to 180,000 miles in 2001 from 128,000 in 1977. However, new car buyers tend to keep their cars about the same length of time before trading them in. Using ..
Historically produced and sold drugs for animals : VetPharm has historically produced and sold drugs for animals; however, one of its products developed for animal use has recently been approved for a similar use in humans. Market research has revealed that at the current per dose price, the elastici..
Impact of protectionist trade policy on real exchange rate : Protectionist trade policies are often enacted with the political intention of strengthening exports, and hence GDP. Examples of protectionist trade policies include quotas and import taxes. What is the impact of the protectionist trade policy on the..

Reviews

Write a Review

Business Economics Questions & Answers

  Marketplace price dropped

Elucidate how much profit will it earn at that output rate. If the marketplace price dropped to $10, illustrate what should the firm do.

  Let the inverse demand curve for tennis classes

Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.

  At the equilibrium point in the above graph

At the equilibrium point in the above graph, which of the following is false?

  How the existence of santa claus affects the supply of toys

Toys are produced by a competitive industry. Santa Claus gives away one million free toys each year. It costs Santa nothing to produce these toys. Use a diagram to show how the existence of Santa Claus affects the supply of toys, the price of toys, t..

  Discouraging the flow of trade due to risks and uncertaintie

A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?

  Compounded annual rate of inflation over this time interval

Gold has recently hit record high prices. When adjusted for inflation, gold remains below a 1980 peak price of $850 per troy ounce. Suppose this 1980 price equates to $2,400 per ounce in 2014 dollars. Based on the prices of gold in 1980 and 2014, wha..

  Firm operates conducive to abnormally high rates of return

Is the industry or industries in which the firm operates conducive to abnormally high rates of return.

  Q1 markets left alone always tend to equilibrate that is

q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is

  Describing the dynamics of those employed

Consider now an economy where you need to search for a job. Let b be the fraction of people that do not have a job and are searching for one. Here active population and working age population do not coincide. Let s be the job separation. Write the eq..

  Anti-gouging laws potentially can increase social welfare

Read this article; what is the most likely way that anti-gouging laws potentially can increase social welfare? They increase the deadweight loss for those companies who practice price gouging. The laws raise these companies' costs so that it is no lo..

  Why do price gouging laws often fail to work

Why do price gouging laws often fail to work?

  What are the pros and cons-business goals

Dan and Carla met as employees at a candy company and later married. Carla went on to study accounting and Dan earned a business degree. After working for various businesses and raising $10,000 to open their own business one day, What are the pros an..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd