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Coffee Industry Overview The coffee industry is a multi-billion dollar industry, and it’s only growing. In 2023, the global coffee market is expected to be worth $461.3 billion. Starbucks is by far the most popular coffee chain in the world, with over 30,000 stores around the globe. Dunkin’ Donuts is a champion of coffee franchising, … Read more

American Express Platinum Card The American Express Platinum card is a charge card with a $695 annual fee. It requires a 720 credit score, 2 years of credit history, and $50,000 in annual income. The APR ranges from 15.99% to 22.99%. No preset spending limit Pay in full monthly or use Pay Over Time feature … Read more

Education and Qualifications for Funeral Directors Intermediate Apprenticeships require some GCSEs with English and Maths. Advanced Apprenticeships require 5 GCSEs, including Maths and English, at grades 9 to 4 (A* to C). Training and Licensing Vocational Education and Training course in funeral services can be useful. Training programs usually last one to three years. All … Read more

Can You Make Money Selling Wedding Dresses? Owning a bridal shop can be a lucrative business. However, it faces challenges that impact profitability. Demand for bridal services influences revenue. With high demand, shops likely have more customers and revenue. Low demand causes struggles to attract customers and make money. Competition also affects profitability. In saturated … Read more

Cost and Profit Margin Toys have 23-26% profit margin per item. If product costs $5 to make, it is sold to retailer for $10. Retailer sells for $15-20. Tips for Starting Toy Business Ebay tips Top 10 tips for starting toy business on Ebay 5 Tips to Starting Profitable Toy Business – Secure loan, hard … Read more

Issuing 1099 Forms If an LLC pays an individual or a partnership $600 or more for services rendered, a 1099-MISC form must be prepared and provided to the recipient. A business owner must file Form 1099-MISC when they pay an unincorporated independent contractor at least $600 in a year for work performed in the course … Read more

The LLC does not pay taxes. LLC owners report their share of profits and losses on personal tax returns. As "pass-through" entities, LLCs avoid "double taxation." Taxation of LLC Profits Opt for Pass-through Taxation An LLC can choose to be taxed as a pass-through entity, where profits and losses pass through the business and are … Read more