Supermarkets Profit Margin: Understanding the Business

What is the profit margin for supermarkets? Conventional grocery store chains have an average profit margin of about 2.2%. This means that for every dollar of sale a grocery store has, they make 2.2 cents of profit. The main reason grocery profit margins are so low, especially for conventional grocery stores is competition. Read more … Read more

How Long Does it Take to Dissolve an LLC in NC?

How long does it take to dissolve an LLC in NC? Your filing usually will be processed within seven to ten business days. You may pay additional fees for expedited processing. The SOS has an articles of dissolution form available for download. Read more on www.nolo.com Although shutting down a business can be difficult, there … Read more

Top 5 Biggest Water Parks in the World

What are the top 5 biggest water parks in the world? Aquaventure Atlantis, Dubai ? 17 hectares. Siam Park, Tenerife, Spain ? 18 hectares. Therme Erding, Germany ? 19 hectares. Thermas dos Laranjais, Brazil ? 26 hectares. Noah’s Ark Water Park, USA ? 28 hectares. Sunway Lagoon, Malaysia ? 36 hectares. Aquaventure Atlantis, Bahamas ? … Read more

The Cost of Opening a Yoga Studio

How much does it cost to open a yoga studio? Opening a yoga studio can cost anywhere from $15,000-30,000. Make sure to have a capital plan in place before getting started so that you don’t get stuck on a build out that takes too long, or a material that’s expensive to acquire. Read more on … Read more

Understanding 1099 Forms and Taxes for Small Businesses

What does a 10 99 mean? Wanted/stolen record 10-99 = Wanted/stolen record. Read more on www.einvestigator.com One of the most significant duties for small business owners is handling their tax obligations. Understanding the 1099 form, which is used to report income received from sources other than an employer, is one important component of this. The … Read more

Can You Form an Anonymous LLC in Colorado?

Can you form an anonymous LLC in Colorado? Simply defined an anonymous LLC is a limited liability company whose members are not publicly identifiable. By not disclosing to the Colorado Secretary of State ownership information, owners are able to maintain their privacy. The state of Colorado does not require members of an LLC to be … Read more