Easy access to real-time information has made the internet the go-to source for most of us. In addition, the internet has revolutionized the way of doing business influencing and changing the habits of various shoppers. Over 800 million have shopped online worldwide and the number of internet shoppers has grown by almost 20% every year. [...]
There are millions of home-based business in United States and the number is still growing. More and more people are turning into running a home-based business because of the various advantages it presents. Did you know that one of the best ways to reduce your taxes is to start a home-based business? Did you know [...]
If you are just starting a home-based business, one of the questions that you may be asking yourself is “Do I really need a business plan?” It’s just a home-based business and not a big conglomerate with huge revenues and a large customer base. Well, the answer is a BIG YES!! A business plan should [...]
As a business owner, you also need to be aware of the types of taxes that you have to pay. You do not have to pay all the taxes discussed in this article because the other taxes varies depending on how you operate your business such as whether you are selling products, hiring employees, or [...]
After you’ve decided on the type of entity that you’ll operate for your business and filed the necessary business documents such as business licenses and permits, the next step would be working on more administrative part of your business. When operating a business, there are a few more administrative task that you have to complete. [...]
Finding the right business is never easy. The last thing you want to do is to start something and waste your time on it and later find out that it is not for you. There are a lot of opportunities out there and it seems that each one of them is promoted as the best business available. So what do you do and where do you start?
Explains what a corporation is, what are the advantages and disadvantages when choosing this as your business entity, and the common federal tax forms used.
Explains what a Limited Liability Company (or LLC) is, what are the advantages and disadvantages when choosing this as your business entity, and the common federal tax forms used.
Explains what a partnership is, what are the advantages and disadvantages when choosing this as your business entity, and the common federal tax forms used.
The article discusses what a sole proprietorship is as a form of business entity, the advantages and the disadvantages, and the various forms of tax forms that are used.