The Only Officer Position a Corporation Must Fill

It’s important to comprehend the requirements for officers while creating a firm. A corporation must have at least one officer, although only one officer position—the Secretary—must be filled. The Secretary is in charge of keeping thorough records of the corporation’s decisions and actions. This involves maintaining the corporate seal, keeping board meeting minutes on file, … Read more

How to Record Rental Revenue: A Comprehensive Guide

How do you record rental revenue? To account for rent income you have earned but will collect at a later date, debit the rent receivable account by the portion earned, and credit the rent income account by the same amount. The debit increases the receivables account, which is an asset that shows money your tenant … Read more

Starting a Fitness Clothing Line: How Much Does It Cost?

How much does it cost to start a fitness clothing line? What are the costs involved in opening a fitness apparel business? Successful fitness apparel shop owners report a starting capital of $150,000 to $350,000, depending upon the size, amount of inventory, and geographical location. Manage start-up costs by investing in a modest location of … Read more

Gas Stations: Franchises or Not?

Are gas stations franchises? The range in cash requirements across gas station franchise businesses is based on what type of franchise you want. Upfront fees can be as low as $20,000 to lease an existing location. Franchise fees are also an important upfront investment in a service station convenience store business. Read more on www.biz2credit.com … Read more

Is Pottery Making a Profitable Business?

Is making pottery profitable? How much profit can a pottery business make? Novice potters report annual earnings of just under $20,000, while master potters make an average of $47,500 annually. Most businesses take anywhere from 2-5 years to really get going. Read more on howtostartanllc.com A creative art form that has been practiced for ages … Read more

Exploring the Variety of Books Available in Bookstores

What can I buy in bookstore? A bookseller can stock shelves with a variety of items that serve the reader in myriad ways. Books. Books are, of course, the primary inventory in a bookstore. Reading Accessories. Journals and Writing Supplies. Other Media. Food Items. Read more on smallbusiness.chron.com Since they provide a wide selection of … Read more

Procedures in Registering a Business: A Step-by-Step Guide

What are the procedures in registering the business? How to Register a Business Choose business structure. The first step is to decide on a business structure. Find a location. Register your business name. Register with the IRS. Register with state and local agencies. Apply for licenses and permits. Read more on squareup.com Although starting a … Read more

Setting Up an LLC in Nebraska: A Step-by-Step Guide

How long does it take to set up an LLC in Nebraska? You can file your LLC by mail or online. Filing your Nebraska LLC by mail costs $105 and approval takes 3-5 business days. Filing your Nebraska online costs $108 and approval takes 1-2 business days. Read more on www.llcuniversity.com A limited liability company … Read more