The Best NAICS Code for General Contractors

What is the best NAICS code for general contractors? NAICS 233 – Building, Developing, and General Contracting. Read more on secure.industriuscfo.com There are a few options to think about when choosing the ideal NAICS code for general contractors. Businesses utilize the NAICS, or North American Industry Classification System, to determine their industry and the matching … Read more

How Much Does It Cost to Start a Salon?

How much does it cost to start a salon? If you plan on purchasing a space, the costs will rise significantly. Expect to set aside $40,000 to $250,000 to purchase an existing salon (dependent on location, size, and condition of the property and equipment). Bump that up to $100,000 to $500,000 on average to build … Read more

The Profitability of a Laundry Business: A Comprehensive Guide

How profitable is a laundry business? Laundromats in the U.S. see an average cash-on-cash ROI of 20-35% ( 9 )-much higher than most alternative investments. And when you factor the flexibility and low labor costs, laundromats just make sense. All the benefits of a profitable investment??without all the risks. Read more on speedqueencommercial.com If run … Read more

Starting an Indoor Go-Kart Business: Costs and Considerations

How much does it cost to start an indoor go-kart business? The average go-kart business can cost up to $300,000 to start, due to a plethora of startup costs. Owners will need to supply a warehouse, a multitude of karts, gasoline, maintenance tools, insurance, track materials, and safety equipment. Read more on howtostartanllc.com The popularity … Read more

How to Get a PLLC in VA: A Comprehensive Guide

How do you get a PLLC in VA? Starting an LLC in Virginia Step 1: Choose a name for your LLC. Step 2: Appoint a registered agent. Step 3: Determine if you need a Virginia business license. Step 4: File your LLC articles of organization. Step 5: Draft an LLC operating agreement. Step 6: Comply … Read more

Adding a Second Owner to Your LLC: A Step-by-Step Guide

How do I add a second owner to my LLC? How Do I Add Another Owner to My LLC? Understand the Consequences. Review Your Operating Agreement. Decide on the Specifics. Prepare and Vote on an Amendment to Add Owner to LLC. Amend the Articles of Organization (if Necessary) File any Required Tax Forms. Read more … Read more

Starting an Online LLC: Everything You Need to Know

How do I start an online LLC? Steps to Form an LLC Choose a name for your LLC. File Articles of Organization. Choose a registered agent. Decide on member vs. manager management. Create an LLC operating agreement. Comply with other tax and regulatory requirements. File annual reports. Out of state LLC registration. Read more on … Read more

Wakaberry Still Going Strong in South Africa

Is Wakaberry still in South Africa? Wakaberry is a South African soft-serve frozen yoghurt bar, established in Durban in May 2011 and classified under the Froyo trade name. Wakaberry. Wakaberry’s Logo Website http://www.wakaberry.co.za/ Read more on en.wikipedia.org Wakaberry is a well-known frozen yogurt chain in South Africa that has long been a favorite of both … Read more

The Profit Margin for a Nail Salon: What You Need to Know

What is the profit margin for a nail salon? 15% Ducoff advises salon owners to plan for a 15% salon profit margin, above and beyond your earnings as a service provider and manager. To ensure a 15% profit margin, Ducoff advises owners to assign each service a “”base price”” according to the total cost of … Read more

Can a Nanobrewery be Profitable?

Can a Nanobrewery be profitable? I won’t break into the financials here (Audra Gaiziunas does a very thorough job of that in her article), but a small brewery can easily be profitable selling around 500 barrels per year, if even half of those sales are done in one’s own taproom. Read more on byo.com Many … Read more