New Business Start-Ups

Evaluating Retirement Plans for Self-Employed Individuals

Evaluating Retirement Plans for Self-Employed Individuals

It can be challenging to plan for retirement when you are self-employed, but it is beneficial in a number of ways to save for retirement early and take advantage of financial tools that can save you money now while building security for your future. There are viable retirement plans for self-employed individuals and small business …

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Forming a Corporation in 11 Simple Steps

Creating a corporation provides entrepreneurs and business owners with numerous advantages and protections. While the process may involve navigating various legal and administrative steps, the benefits gained from establishing a corporation far outweigh the effort. Here are key reasons why forming a corporation properly is crucial. A corporation provides limited liability protection, separating personal assets …

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How to Update Your Business Address in California Infographic Cover

How to Update Your Business Address in California

While running a business can give you a pretty long to-do list—especially when organizing a change in location—updating your business address with all the correct entities should be at the top of your list. Changing a business address in California is a vital step in maintaining legal, tax, and financial compliance, as well as keeping …

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Monthly Sales Projections

How to Figure Out Projected Monthly Sales

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 …

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Opening a Business in Hawaii

How to Get a Hawaii Resale Certificate

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 …

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