Starting A Small Business? Ace these 10 Questions

[This post is written and copyrighted by FIRE Finance (]

July 2, 2009: With the growing power of the Internet and e-commerce, it has become easier to own a small business. Consequently the number of small business owners are on the rise. This is really good news since it helps us to be our own boss, do something which we enjoy and also earn a livelihood. Sounds like a win win situation :).

But owning a small business with being fully informed about various legal and tax implications can be disastrous. Thanks to Kiplinger for coming up with a quiz which tests some basic knowledge which all small business owners should know. We fared 8/10. Guess we need to do some more homework before setting up our small business:). Check it out to increase your awareness about small businesses.

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