Starting a Laundromat: How Much Money Do You Need?

How much money does it cost to start a laundromat? Whether you’re creating a brand-new business or buying an established company, it isn’t uncommon for entrepreneurs to spend anywhere from $200,000 to $500,000 opening an average-size laundromat. The funds you’ll need to open a laundromat have everything to do with the type of laundry business … Read more

Where Do Travellers Get Their Money From?

Where do Travellers get their money from? Most Gypsys and Travellers get there money’s from there employers as most (+90%) are settled and have rents and morgages to pay for. There are a lot of self employed that are builders or carpenters,recycling metal workers, pub landlords,used car dealers painters and other artisan professions etc. Read … Read more

What Happens to Money Left in an S Corp?

What happens to money left in an S corp? Just like regular corporations, S corps can distribute profits to their shareholders, keep them as retained earnings or do a little of both. The difference is that the regular corporation makes this decision after it pays corporate income taxes. An S corp doesn’t pay taxes. Read … Read more

Is Fundbox Legit PPP? Answering Related Questions

Is Fundbox legit PPP? The company has been accredited with the Better Business Bureau since 2014, and most of the Fundbox reviews are positive. Fundbox offers a maximum business loan of $100,000 on easy 12-week/24-week terms with reasonable drawing fees. Read more on review42.com Invoice finance, lines of credit, and PPP loans are just a … Read more

Is LegalZoom Profitable? An In-Depth Analysis

Is LegalZoom profitable? LegalZoom has been operating profitably until the most recent quarter. The Company generated $408 million in 2020 with a $46 million operating profit. In 2020, the Company continued to increase revenues by 18% despite the pandemic to $470 million with $49 million in operating profits. Read more on finance.yahoo.com A company called … Read more

How much money is in an ATM?

The average size machine can hold as much as $200,000, though few do. In off-hours, most machines contain less than $10,000. Typically, your average NCR ATM (NCR being the manufacturer) will have 4 cash cassettes installed in the cash dispenser. Read more on worldscholarshipforum.com ATMs are become a necessary component of our daily life. They … Read more

The Profit Margin for a Distillery: Everything You Need to Know

What is the profit margin for a distillery? In general, the industry standard is about 50% gross margin… although higher is always better. Read more on georgiadistillers.org In recent years, distilleries have grown in popularity as more people have become interested in creating their own spirits. However, it’s crucial to comprehend a distillery’s profit margin … Read more

Asset Holding Company: What it is and How It Works

What is an asset holding company? With a holding company, those assets are technically held by the corporation, and not by the person, who is consequently shielded from debt liabilities, lawsuits, and other risks. Holding companies support their subsidiaries by using their resources to lower the cost of much-needed operating capital. Read more on www.investopedia.com … Read more

How Much Does It Cost to Start a Financial Planning Business?

How much does it cost to start a financial planning business? What are the costs involved in opening a financial planning firm? Starting a firm requires you to become a registered investment advisor (RIA), registered with your state. You will spend between $10,000 and $20,000 for basic startup costs. Read more on howtostartanllc.com For people … Read more