More particularly Texas.

For Example, If I open up a Recording Studio out of my home and it is my only job.
There is no such thing as a home business tax.

With any business that you start, you would pay income taxes and self-employment taxes on your net income.

Ok im 19 and a student and i want to start small car wash business. My approach is unique, im going to bill customers monthly, 50$ and i will wash their car once a week. Including a car wash, with detail, vacuum and leather treatment. My questions are, do you think using their water hose and electricity will work? Also, how should I bill them? because they might not want to pay the 50 up front, and if I wait a month they might scam ME.
Always have them pay you after the detail is done or your gonna spend half your time chasing down and collecting payment if they even pay. And $50 for 4 wash/details per month?? Are you sure you don't mean $50 per wash? That's a more realistic number for a "basic" exterior wash/dry and a basic wipe down of interior and vacuum.

Their water and electricity will work for you if you explain that to them up front. Or you could do what I do and use a 'No Rinse' wash. Takes me 2 gallons of water to do entire vehicle. I just go to the store and buy 2 gallons of distilled water and use that. Also, letting them know you would only wash their vehicle with distilled water to prevent water spots makes you stand out. Just explain you will need an outlet to run your wet vac and ask them if that would be a problem. I've never had a customer say no. Don't let that stop you from starting your business.

If you have any questions or would like to know what products I use send me a message. Good luck to you.
No, using their stuff won't work. Not all would have outlets where it would be convenient for you.

You'd be better off investing in a pickup truck with water tank and a generator. THEN you run into the problem of the gray water discharge, as a lot of communities now have BIG concerns regarding the dirty water runoff into regular storm drains.

As for your billing… You bill them PER WASH, but with a "monthly" discount of say, 10% (i.e. buy X washes now and get 10% off)

And you are seriously undercharging, IMHO. Even running a car through the gas station wash is like 5-10. A premium car wash where you get the vacuum and hand-dry is $20. And there are at least 4 weeks per month. $50 a month is WAY TOO CHEAP.

Another possibility: basic car wash package, premium car wash package, full detailing. $50 gets 3 basic washes (once per week) and 1 premium wash. You can give coupons for discounts on other packages or services.

You will need insurance… in case of accidents and damages to customer vehicles, and some locations, such as company parking lots, may not allow you to wash there. Keep that in mind.
While your approach is unique to car washing, it's a pretty common business model for pool boys and lawn care type businesses. Try talking to some local lawn mowing or pool cleaning business owners in your community. They may have some type of contract, form, etc.

I have some savings and have been looking into setting up vending machines in schools with healthy options. I know that a lot of schools are starting to ban machines that sell foods that are bad for you, so it looks like a good business to get into. (I regularly use an organic vending machine at the Gym, it's pretty cool… Kind of an oxymoron if you ask me.

Anyhow, does anybody have experience with operating a vending machine business, specifically with healthy (or organic) options?

Thanks!
I think that you are on the right track thinking about putting vending machines in schools. I got started with a company out of California a couple of months ago putting healthy option vending machines in a couple of private schools where I live in Florida.

There are a few companies that have healthy vending machines with organic options. Though I have not seen anybody market a completely organic vending machine as options might be too limited for a school environment. I used Healthy Vending ( http://www.healthyvending.com ), they had a pretty good price point, and I liked the look of the machine. Buying based on the look of the machine might sound frivolous, but looks help make the sale.

Right now I only have a couple of machines in one location, but they are doing very well. I need to restock about twice a week which leaves me open to keep working a regular job while I source my next location.

I say 'go for it'.
There are three important considerations: location, location, and location. Don't forget about security, the average person is unforgiving if a machine robs them of their money.
Do what you do.

Do you do it like this or is there a different way?

John Q Public
Name of Business
Address
City, State Country
That's one way to do it. Another way would be

Name of Business
Attention: John Q. Public
Address
City, State, Etc

is there a site where i can promote my website , Product or Business for free.
try these sites, they are free

http://www.promoteforfree.net/

http://www.free-press-release.com/

http://www.freepressreleases.co.uk/

http://www.pressbox.co.uk/

But let's say that Business A also owns equipment worth $50. Shouldn't someone be willing to pay $150 for the business? Why is it that a business is ONLY worth the present value of its future cash flows?
Its the assets and equipment that help produces those cash flows. Thats what you're valuing with present value. The cash flows produced by the assets of the business.

I am currently opening my own House Cleaning business. I just wanted to know what are the main features you would like to see if someone cleans your home. What are the small features, the Big and the features you wouldnt like. If you have a 1, 2, 3, 4 bed room what is the most you would pay for a cleaning service.
One of the big reasons I don't have a cleaning service is because they're so expensive. I called Molly Maid after I had my second baby and thought it would be great to have that just once a week for a little bit…well it turned out to be about $100 for our one bedroom apartment which at the time I could only afford once a month, and with a husband and two kids once a month didn't really help me.

If I was you I'd offer a very basic, come in, dust, clean mirrors and counter in bathroom $50 for a half hour, then offer a la carte cleanings ie
full bathroom clean:mirror, tub, counter, toilet, floor for $30,
full kitchen clean: sink, counter, top and front of fridge, windows& ledges for say another $30,
carpet clean: vacuum all carpet with baking soda sprinkle for $50 living room, hallway and one bedroom, another $15 per bedroom and another $20 for each flight of stairs
a full on holiday clean or spring clean, including all of the above for $150 for a two bedroom, another $50 per extra bedroom.

That way, your bread and butter, the $50 quick clean that really helps people out, first of all people can afford so they'll do it, second, if you're only spending 30-40 minutes in a home you can do a bunch of them in a day/evening. Then at Christmas time and in the spring when people need/want more done or for the people who can afford more you'll be rolling in the dough.

One extra you might think to offer as well is an organizational help service. That seems to be really big now for people, doing their garage and spare rooms etc. You could go in, go through everything put them in boxes for garbage, charity and keep just like they do on tv and the people could choose to either help you or for you to leave the boxes there for them to go through and then take to the dump etc. This service would obviously be something you charge for by consultation only, it depends a lot on what the mess is.

You could also offer a "Teen Clean" for all those parents who say "clean your room or I'm throwing it all out" you can come it, throw away everything on the floor, vaccum, dust, make the bed, bob's your vacuum Another $50 clean for just one room! I'd make people sign a waiver for this one though, or at least leave the garbage bags there for the teen to go through, you wouldn't want to throw away school books or anything.

Try advertising some basic extras also that will set you apart from the rest ie, using "green" cleaning products, the "baking soda sprinkle with every vaccum", maybe even at Christmas you can offer a bag of Christmas-y scented pot pouri sachet's for the kitchen and bath or something. Things that won't cost you a lot to offer but that will make people choose you over someone else.

If I could have found someone to do that $50 clean for me back then, I'd probably still be using them, and that was 5 years ago.
One of the first things I would like to see is, everything should be dusted from top to bottom. Open windows and do the window sills, dust blinds, dust the doors and all light fixtures including ceiling fans, vacuum all the edges of the house including registers inside if they are on the floor, vacuum the carpets and shake out throw rugs, shag the walls if too if they need it, sweep and mop the floors, wipe down the bathrooms and kitchen and make sure you sweep the front porch and shake out door mats for the final touch. Inside and outside windows are extra and appliances such as, cleaning oven and frig. are extra. Pricing is very hard unless you see the house but I would say start out at 100.00 for the 1 bedroom and kind of feel it out from there. I could see paying 400.00 for a large 4 bedroom. Hope this helped.
Most people will not pay more than $10 - 20/hr or a max of $150/day for a full day for a 4 BR house. If you clean mansions, including polishing brass door knobs and plates, polish the sterling silver, etc, know how to wash crystal stemware and crystal chandeliers properly, care for valuable antiques, etc, you can command $150-200/day.

I think I would be good at it. Would I have to start as an apprentice somewhere?
Are you in America or the UK? If you are in the UK you have to go for something called a diploma in funeral directing. Usually people in the UK belong to the British Institute of Funeral Directors after receiving their diploma. Unfortunately, I don't know much more than that about the UK.

If you are in the U.S. you will want to look into the American Board of Funeral Service Education. There you can look at accredited schools in funeral directing. Usually is is a 4 year mortuary science or funeral director type degree. Individual states also have their own licence requirements. Some require an associates degree, an apprentiship, and passing a board exam, while others want the four year and the board exam, so you will have to look into that as well.

You are also obviously going to need a small business loan and remember that althought I think it is a decent job pay scale wise, it is not the highest. Even for those who own their own business, they can expect a max salary of about 60,000. Usually its more like 30,000-50,000 per year. Here's a great job description site: http://www.bls.gov/oco/ocos011.htm

Good luck!
A licensed mortician, a few contacts in the casket industry, lots of embalming fluid, a cosmetologist, a hurst or two, a business license, and much more. You should interview someone in the business to see what all is required.
you need to have good business plan to supply to any institution you're looking to get a business loan from. Without a plan, showing financial structure and planning it's going to be impossible to get a loan.
Hmmm. A freezer, a furnace, corpses, and most important a clothing pin to plugging the nose.
Oh, and a shovel coming in handy too.
Because people are just dieing to get in. What better business to be in with the way the economy is today.
Lots of licenses.

The handling of dead bodies is a highly regulated industry.
bodies
Dead people.
Lots of dead bodies.

I know some common books in business are

Rich Dad Poor Dad
Think and Grow Rich
and Secrets of the Millionaire Mind

If these are some helpful books, feel free to mention them again and state how they've helped you. Otherwise I'm open to hearing other suggestions on good business books you've read!
Mark my words do read these books it'll change you for ever
Atlas shrugged
Straight from the gut– jack welch
Biography of Lee icocca

my friend is doing a project for her college class and needs to know a rough estimate on the yearly cost of small business insurance. Her "business," is a used furniture partnership with a few part time employees. It does not need to be exact but time is a factor so any quick answers would be very appreciated. Thanks in advance!
Depends on the state and location of the business. In California a small business policy can vary depending on the business use. I'd guess that the policy would be roughly $2200 for coverage of the business property and a million dollars liability.
Generally when a small business provides health insurance for employees, it is usually not similar to the way large companies provide health insurance. Large companies usually have a group policy and the insurance company calculate a cost based on the over all health costs for the large group of employees. The employees may then pay of percentage of that cost.

In a small company, the group is too small and one employee could possibly case the group cost to skyrocket. Therefore usually the company may subsidize the cost of the health insurance of each employee by maybe a couple hundred dollars per month. There may or may not be a group plan since the cost of health insurance for one of the employees may be high that the employee may be uninsurable.

So therefore my best guess is that if a small company does provide a health insurance subsidy it would probably cost the company between $100-$300 per employee per month but could be any figure that the employer decided to subsidize.