Unlocking Your Business Potential
Can you file an LLC as an S Corp? By default, LLCs with more than one member are treated as partnerships and taxed under Subchapter K of the Internal Revenue Code. And, once it has elected to be taxed as a corporation, an LLC can file a Form 2553, Election by a Small Business Corporation, … Read more
How much does Neat Method charge per hour? It is $150/per hour but they always use at least two Neat Method employees to work as quickly as possible. Neat will go and purchase all the needed storage items (you do have to pay for those items as well) and label everything so YOU don’t have … Read more
How much does it cost to get a DBA in PA? Fictitious Name Registration $70 Each ancillary transaction $70 Read more on www.dos.pa.gov You might need to register a DBA (Doing Business As) if you intend to run a business in Pennsylvania under a name other than your own. A DBA is also referred to … Read more
For the automotive repair industry, the average profit margin is between 20-28% for parts and 50-65% for labor. In order to maximize your profit margins, you either need to increase your revenue or decrease your costs. Read more on blog.bayiq.com With millions of vehicles in need of upkeep and repair, the auto repair industry is … Read more
What is an S corporation in NC? A North Carolina S corporation is a business entity that offers limited liability and a formal structure for businesses in North Carolina. Read more on www.upcounsel.com You may have heard of a S corporation if you own a business in North Carolina. For federal tax purposes, a S … Read more
Is my LLC AC or S-Corp? An LLC is a legal entity only and must choose to pay tax either as an S Corp, C Corp, Partnership, or Sole Proprietorship. Therefore, for tax purposes, an LLC can be an S Corp, so there is really no difference. Read more on www.toptal.com If you own a … Read more
The immersive, large-format cinematic experience offered by IMAX is renowned for leaving viewers speechless. Yet how does IMAX generate revenue? The business makes money from a number of different sources, including joint ventures, license fees, box office sales, and theater rentals. The main source of income for IMAX is box office sales. For IMAX screenings, … Read more
What is Chamberlain Group worth? The transaction values Chamberlain Group at approximately $5 billion. A leading global investment firm, Blackstone is expected to provide additional resources and expertise for Chamberlain Group to scale its software-based and connected services business into new markets. Read more on finance.yahoo.com A well-known business that specializes in offering access control … Read more
How do LLC owners make money? As an owner of a limited liability company, known as an LLC, you’ll generally pay yourself through an owner’s draw. This method of payment essentially transfers a portion of the business’s cash reserves to you for personal use. For multi-member LLCs, these draws are divided among the partners. Read … Read more
How much is the rent in SM for food cart? Rent at public transport stations goes for P150 to P200 per day while mall space for food carts costs around P25,000 a month. Read more on www.foodcartlink.com A great option to launch a food business is to set up a food cart in SM malls. … Read more