Erminie

Franchise Tax Overview The franchise tax applies solely to corporations. LLCs are exempt. Corporations pay $1.25 per $1,000 of capital allocated in Oklahoma, up to $20,000. Corporations owe $100 if no tax due. This tax has been repealed, so it will not apply beginning 2024. However, it was in effect in 2022 and 2023. For … Read more

Cities provide great opportunities due to their large populations and technological advancements, leading to increased demand for specific products and services. When starting a business in an urban environment, it’s important to consider location and the type of business that can meet the local market needs effectively. Profitable Business Ideas The top 10 most profitable … Read more

Startup Investment What is the start-up cost for a small grocery store? Startup costs for a grocery store range from $60,000 to $300,000. The main cost is rent or down payment on store space. A convenience-style shop is on the low end, a supermarket significantly more. To start a medium scale grocery store, stock with … Read more

The main advantage to an LLC is in the name: limited liability protection. Owners’ personal assets can be protected from business debts and lawsuits against the business when an owner uses an LLC to do business. An LLC can have one owner (known as a “member”) or many members. Businesses as well as individuals can … Read more

Blenders are versatile kitchen appliances that can be used for making a variety of food items, smoothies being one of the most popular. Some blenders, however, are better suited for this task than others. Blender vs. Smoothie Maker While both a blender and a smoothie maker can make smoothies, they are designed with different purposes … Read more