Leasing a Car

If you are a small business owner, you may find that the best way to have access to a company vehicle is to lease it. Leasing is a great way to have access to a vehicle for business as well as having the cost of the lease and operating it to be tax deductible. Here are some tips on leasing a car.

Many small business owners realize the inherent value in leasing a car for business. If you use a car primarily for business, you can easily lease a car and have the majority of the cost deducted from your taxes. There are many rules and procedures involved, but for legitimate small businesses, this is a perfect way to cut down on legitimate business costs.

Leasing a car for a business usually requires you to have a corporation or LLC and register the car as a commercial vehicle. Commercial vehicles usually have special plates and fees associated with them. However the cost of operating and paying for the lease of the car is usually tax deductible. If you don't lease a car and use your vehicle for business purposes, you still can deduct mileage costs on taxes. The present rate is about 44.5 cents per mile.

Leasing a vehicle is a very easy process, almost every auto dealer is able to lease you a vehicle. Leasing a vehicle usually requires an acquisition fee as well as other small fees, but you usually only pay for the mileage and wear on the car. For many people that drive seldom and take good care of their car, leasing can actually be less expensive than buying a car outright.

Creating a Crafts Business

Many people love to make a business out of their hobbies. For example, if you love to collect baseball cards, you could probably envision yourself with a baseball card shop, or if you are addicted to bowling, you would love to have a pro bowling shop inside or near a bowling alley. While many people's hobbies are great for business, one of the best hobbies that can easily be converted to a business is crafts.

Creating a crafts business is extremely easy and very fulfilling to creative people that enjoy creating crafts each day. Not only can you start a great craft business with little or no capital, you can easily find many venues of selling your crafts via online web sites and auction sites.

There is a huge market to buy and sell crafts online. Many people can easily showcase their creations with an online web site or sell their crafts individually with the help of a major auction site. No matter what your crafts, you can find people that will actively seek your product. For instance, on a recent search of crafts you can find all categories including scrap booking accessories, pressed flowers and holiday craft ornaments. No matter what you create, there is a market for it.

An important tip is to run your craft business as a business. Many people enjoy crafts as a hobby, but you definitely don't want to lose money on your venture, so plan wisely and make sure you calculate the correct selling price as well as other costs that go into creating and selling your product.