Setting up a Broker-Dealer: Costs and Requirements

How much does it cost to set up a broker-dealer? Typically your startup expenses will include FINRA and state registration, the cost of consultants, salaries, and deposits made to clearing firms. The costs can vary though. For example, if the b/d plans to trade for its own accounts, the cost can go up to $100,000 … Read more

How Small Businesses Can Get Credit

How do small businesses get credit? Eight steps to establishing your business credit Incorporate your business. Obtain an EIN. Open a business bank account. Establish a business phone number. Open a business credit file. Obtain business credit card(s) Establish a line of credit with vendors or suppliers. Pay your bills on time. Read more on … Read more

Equipment Financing Loan: Everything You Need to Know

What is equipment financing loan? Equipment financing is a type of small-business loan designed specifically for the purchase of machinery and equipment essential to running your business. You can use an equipment loan to purchase anything from office furniture and medical equipment to farm machinery or commercial ovens. Read more on www.nerdwallet.com A sort of … Read more

How Much Money do Franchise Owners Make?

How much do Chick Fil A owners make? Most fast food companies don’t make it widely known just how much their franchise owners earn a year, but that doesn’t mean it’s not possible to get a pretty good idea. According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn … Read more

Capital: Asset or Liability?

Is capital an asset or liabilities? Capital as a Liability. A very common question that strikes us is that even though capital is invested by the owner in the form of cash or assets, why is it recorded on the liabilities side of the balance sheet? From the accounting perspective, Capital is a liability because … Read more

How to Buy Debt and What You Need to Know About Collections

How do you buy debt? Debt buyers purchase old debts from original creditors, like banks, credit card companies, and car loan lenders. Unlike a collection agency, which only tries to collect as a service to the creditor, the debt buyer owns the debt. Read more on www.nolo.com Debt buying is a process that both investors … Read more

How Much Investment Is Needed to Open a Bakery?

How much investment is needed to open a bakery? The total approximate investment to start a bakery business in India is around Rs 15 lakhs. However, the cost of equipment and location can lead to considerable variance in the approximate cost. Read more on vyaparapp.in Starting a bakery can be a successful and rewarding business … Read more

What Percentage Should I Pay Myself from My Business?

What percentage should I pay myself from my business? How much should you save for taxes? A safe starting point is 30 percent of your net income. So if your net income is $100,000, you should put aside $30,000. If you’re in a higher tax bracket or filing jointly with someone with a high income, … Read more

What Do Zoos Do with the Money They Make?

What do zoos do with the money they make? So what do zoos spend money on if not the animals? Staff salaries, animal maintenance and facilities costs are the obvious expenses, but there are others. For example, in 2014 the San Diego Zoo spent $11,564 on advertising, according to the zoo’s financial statement. Read more … Read more

The Cost of Buying a Pool Table in Kenya

How much does a pool table cost in Kenya? We have a variety of high quality pool tables and pool table accessories for you at fair prices. Pool tables starting from ksh 37000 for wooden tops and 70000 for marble/Slate tops. Read more on www.facebook.com If you enjoy playing pool, you might be curious about … Read more