How to Pay Yourself When You Own an LLC

How do you pay yourself when you own an LLC? 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 … Read more

Night Club Owners: Are They Really Rich?

Owning a bar or nightclub is sometimes viewed as a glamorous and opulent way of life. It’s natural to think that nightclub owners are rich given the parties, libations, and music. But is this actually the case? Let’s look at how profitable running a bar is and why some establishments fail. How Lucrative Is Running … Read more

What Does a Finance Consultant Do?

What does finance consultant do? A financial consultant firm assists individuals and small businesses to handle and increase their wealth and assets. They perform several tasks for their clients ranging from giving financial information, financial forecasting, and assistance in investing their money by looking at their long and short-term goals. Read more on www.resurgentindia.com Finance … Read more

How Much Can a Club Owner Make?

How much can a club owner make? How much profit can a nightclub make? A typical smaller club will make its owner $1,000 to $5,000 per week ($50,000 to $250,000 per year). A large metropolitan club can make $50,000 profit in a single night. Read more on howtostartanllc.com Owning a bar, lounge, or club can … Read more

Pricing a Fundraiser: A Comprehensive Guide

How do you price a fundraiser? Divide your budget by the number of people estimated to attend and “”voila!”” ? you’ve got the price of your ticket. For example, if your expenses total $10,000 and you plan for 100 people your early bird ticket price per person would be $100. Read more on ckingbenefits.com Any … Read more

Flea Market Essentials: How Much Change You Need

How much change do you need for a flea market? Generally around $50?100 a day in various small bills and a variety of coins for change. An ATM is available on site at Mile High Flea Market if you need more cash. Also, try to price your items rounding up or down to the nearest … Read more

Can a Horse be an Investment?

Can a horse be an investment? An initial investment can vary greatly depending on a horse’s age, pedigree and racing history. The average price is between $20,000 and $500,000 for a thoroughbred. It is possible, however, to buy a horse for as little as $5,000, or easily pay $1 million. Read more on www.cnbc.com Horse … Read more

How to Profit from Thrift: A Comprehensive Guide

How do you profit thrift? Best Items to Turn a Profit Books and Textbooks. Generally, individual books aren’t a huge moneymaker, but book lots traditionally sell very well at online auction sites. Picture Frames. Video Games. Brand-Name Clothes or Clothing Lots. Pyrex and Glassware. Sporting Equipment. Records and Record Players. Anything With a Tag. Read … Read more

Do Underwriters Deny Loans Often?

Do underwriters deny loans often? You may be wondering how often an underwriter denies a loan. According to the mortgage data firm HSH.com, about 8% of mortgage applications are denied, though denial rates vary by location. Read more on www.quickenloans.com It is the responsibility of underwriters to evaluate the risk associated with lending money to … Read more

How much does it cost to buy a bank?

So How Much It Costs To Buy A Bank? The cost of starting a bank can be significant, because the banking industry is the most demanding, sensitive and most regulated around the world. And particularly in the U.S., generally banks must have between $12-20 million as a starting capital. Read more on mergerscorp.com Purchasing a … Read more