What Percentage of Small Gyms Fail?

What percentage of small gyms fail? “”Eighty-one percent of studios close or fail in the first year,”” says Ashley Selman, owner of Evolution Trainers in Mountain View, CA. Read more on www.ihrsa.org A tiny gym startup is a hazardous business move. The International Health, Racquet & Sportsclub Association found that after the first five years … Read more

How to Make a Coworking Space Profitable

How do you make a coworking space profitable? A good rule of thumb is to have at least enough offices to cover all of the space’s fixed expenses. The additional revenue of shared desks, dedicated desk, conference rooms, and virtual mail will cover your additional expenses and profit. On average, coworking spaces bring in $4 … Read more

How Much Does It Cost to Publish LLC in New York?

How much does it cost to publish LLC in New York? File the affidavit of publication with a New York Certificate of Publication for Domestic Limited Liability Company with the Secretary of State. The publication filing fee is $50. Read more on howtostartanllc.com Establishing a limited liability corporation (LLC) is a smart move if you … Read more

Is a Band a Sole Trader?

Is a band a sole trader? In your case, “”the applicant”” refers to your band ? your business. If you ARE solo, and are operating as a sole trader, then if you have ever held an ABN before, select yes. In your case, “”the applicant”” refers to you, because you are your own business. Read … Read more

Can a Sole Proprietor Have an LLC as a DBA?

Can a sole proprietor have an LLC as a DBA? Since sole proprietorships and partnerships are not separate legal entities from their owners, they need to file a DBA unless they want to do business under their own name. Other business structures like corporations or LLCs can also file DBAs, but it is not as … Read more