Business/Entrepreneurship

What should my LLC purpose be? The purpose of an LLC, or a limited liability company, is to shield the business owner from personal liability for the company’s debts. Most states allow residents, individuals who live outside the state or country, other LLCs, corporations, pension plans, and trusts to serve as LLC owners. Read more … Read more

How much does it cost to open a cycle studio? Understand the Startup Costs. While opening a full-size gym can cost anywhere between $500,000 and $2.5 million, opening a boutique studio (such as an indoor cycling studio like Rush Cycle) typically costs less and ranges between $350,000 to $400,000. Read more on www.rushcycle.com For fitness … Read more

How much can my candle business make? If your average candle costs $5.00 to make (while accounting for all the random items mentioned earlier) and you sell it for an average of $20.00, your net profit per candle is $15.00. Which is about 556 candles per month. Is that reasonable? It depends on your business … Read more

How do I set up an International LLC? The steps to form your Foreigner-Owned LLC are: Select a State. Name your LLC. Hire a Registered Agent Service. File your LLC with the State. Create an LLC Operating Agreement. Get an EIN. Get a Physical US Mailing Address. Open a US Bank Account. Read more on … Read more

Are music Studios profitable? A recording studio can potentially exceed $100,000 per year in profit after wages, expenses and taxes. Read more on www.entrepreneur.com The art form of music has long been a part of human society. Music studios are a crucial component of the music business since they give musicians a place to record … Read more

Which state is the easiest to start a business? 10 Best States to Start a Business Overall Rank State Jobs Created per Startup in First Year 1 Utah 5.67 2 Florida 6.41 3 Texas 5.74 4 Colorado 6.45 6 more rows ? Read more on www.seekcapital.com The challenge of starting a business is difficult, and … Read more

How do I set up an LLC in Vermont? To form a Vermont LLC, you’ll need to file your Articles of Organization with the Vermont Secretary of State, which costs $125. You can apply online, in-person, or by mail. The Articles of Organization is the legal document that officially creates your Vermont Limited Liability Company. … Read more

How much does it cost to form an LLC in Washington? The Washington Secretary of State charges a $180 fee to file the Certificate of Formation mail and $200 if filed online. You can file an LLC name reservation for $30. You can pay an additional $50 for expedited processing. Read more on www.nolo.com Starting … Read more

How do I dissolve a sole proprietorship in NJ? A sole proprietor in New Jersey does not have to file paperwork with the state to dissolve the business. However, he must properly close business accounts and inform creditors and customers about the company’s pending termination. Sole proprietors in New Jersey can dissolve with or without … Read more

What licenses do I need to start a security company in Florida? According to the Security Officer Handbook issued by the state of Florida, only those who have a Class B security license can operate a security business in the state. The Class B license allows your business to provide services such as security guard … Read more