To understand the health of your business, you must learn how to project monthly sales. When you have an idea of your projected monthly sales, it helps you detect trends that impact your monthly gross profits and net income. Calculating these amounts accurately will enable you to quickly judge whether you are operating a successful …
When you operate a business in Hawaii, you are required to pay general excise taxes on any items you purchase from your vendors and suppliers. You must still pay this tax even when buying inventory items you intend to resell to your customers. The current general excise tax rate is 4%. However, there can be …
When you operate a small business in West Virginia where you sell goods and products at retail to customers, it is highly recommended that your business apply for and obtain a West Virginia resale certificate. It does not matter where you operate your business—from a physical location, out of your home, or online—you will want …
When you operate a business in Arkansas that sells goods and products to customers, you could benefit by applying for and obtaining an Arkansas resale certificate. It does not matter whether you run a home-based business or an online-only business or have a brick-and-mortar store. You will definitely want a resale certificate. What Is …
Deciding on how to come up with a business name for your new business might not seem difficult. However, rushing hastily into this decision can have long-lasting effects on your business. For example, if you choose a name that doesn’t fit with the products and services you offer, you may not attract the customers you …
It is easy to be excited about becoming a new business owner. However, before jumping in head first, it is worth your time to step back for a moment and consider what steps and planning you need to do to avoid major problems down the road. Taking the time to evaluate and determine what is …
8 Common Mistakes First-Time Business Owners Make Read More »
Opening a business in San Diego is not difficult to do once you understand the steps required to operate a business in California legally. The steps will be similar whether you are opening a food truck, retail store, restaurant, or service-based business. The first step is to determine what type of business you want to …
A fictitious business name in California is a name a business uses for its identity when the name is not the same as the business owners. The majority of registered businesses in California operate using a fictitious name, which is also referred to as “Doing Business As” or DBA. Why Do Businesses Require a Fictitious …
What Is a Fictitious Business Name in California? Read More »
Are you wondering which permits and licenses your business needs, and how to file for them on time? Consider these 10 most common licenses and permits you should be aware of before you open your doors to the public or ship out that first order. This helpful checklist will keep you on track to open …
10 Permits & Licenses New Business Owners May Need Read More »
Having a business in the Sunshine State means benefiting from access to capital, a low tax burden, and continuing economic growth. It’s an exciting time to be opening a small business, and you can ensure your doors open on time with this guide. Create a Business Plan You may have a rock-solid idea for your …
An Entrepreneur’s Guide to Starting a Small Business in Florida in 2021 Read More »
