What Does a Corporation Do? Key Functions of a Corporation

A corporation is a legal entity owned by shareholders and managed by a board of directors. Shareholders elect a board to oversee management. Management ensures the corporation works towards its goals – setting strategic direction, approving investments, hiring the CEO. Shareholders own a corporation by purchasing shares. Their ownership is proportional to shares owned. Shareholders … Read more

How Do I Change the Registered Agent in Michigan?

Steps to Change Registered Agent in Michigan Complete the Certificate of Change to update your registered agent with the Department of Licensing and Regulatory Affairs in Michigan. To change your Resident Agent in Michigan, submit the Statement of Change either online or by mail. Complete Form 502 with required details to change your registered agent. … Read more

How Much Does It Cost to Start Up a Cupcake Business? Starting a Cupcake Business

Profitable Cupcake Business Starting Options: Retail or Web-based Significant profits can be made from cupcake businesses without retail overhead. You can choose to open a retail or web-based cupcake store. Consider Market Demand Competitor Pricing Comparison When pricing your cupcakes, consider market demand. For basic cupcakes, charge $2.25 per cupcake or $27 per dozen. Decorated … Read more

Is Water Purification Business Profitable? The Lucrative Business of Water Purification

Water purification is a profitable business. Location and space are key factors. With quality, competitive pricing, and effective marketing, profit margins of 15-35% are possible. Water pollution and treatment costs create demand for purified water. Expected monthly profits range from $90,000 – $200,000. Consumers want safe, healthy drinking water. This demand simplifies marketing for the … Read more

How Do You Domesticate an LLC in Massachusetts? LLC Domestication and Formation in Massachusetts

Overview of LLC Domestication LLC domestication in Massachusetts means changing the location or domicile of your LLC from any state into Massachusetts. Below, we explained the process of transferring an LLC from any state to Massachusetts via MA LLC domestication in 3 steps. Step One Acquire a Certificate of Good Standing. Starting an LLC in … Read more

How Did Chihuly Lose Eye?

Dale Chihuly’s Journey Dale Chihuly, born in 1941 in Tacoma, Washington, began his artistic journey with an early fascination with glassblowing. He learned to fuse glass in 1961 and further studied art in Florence after joining university. The accident in 1976, resulting in the loss of function in his left eye and requiring 250 stitches, … Read more