The Drawback of Working for a Transcription Service

What is a drawback to working for a transcription service? Drawbacks of Transcribing from Home. Work dries up during certain times of the year. (However, it can be nice to have slow days sometimes.) You have to keep track of your expenses, your income, and put aside money for taxes. Hiring a bookkeeper or accountant … Read more

Four Disadvantages of Incorporating

What are four disadvantages of incorporating? Disadvantages of incorporation Setup costs. Legal expenses. Accounting expenses. State fees (e.g., filing with the state) Read more on www.patriotsoftware.com The process of forming a legal body that is distinct from its owners is known as incorporation. While incorporating a business has several advantages, such as reduced liability and … Read more

The Cons of Using a Charge Card

What are the cons of using a charge card? Cons Interest charges. Perhaps the most obvious drawback of using a credit card is paying interest. Temptation to overspend. Credit cards make it easy to spend money – maybe too easy for some people. Late fees. Potential for credit damage. Read more on www.nerdwallet.com In contrast … Read more

The Cons of Owning a Food Truck

What are the cons of owning a food truck? What Are The Cons of Opening a Food Truck? You’ll Work in a Small Space. You Must Abide by Local Zoning Laws. You’ll Need to Be Prepared to Pay for Future Repairs. There’s Considerable Competition in this Industry. Read more on www.forafinancial.com In recent years, food … Read more