How Do I Dissolve a Sole Proprietorship in California?

Closing a Sole Proprietorship in California When you decide to close a business you must legally terminate its existence as an independent business entity in California. To formally close a sole proprietorship in California, you must cancel business licenses and inform contractors to terminate contracts. Steps for Closing a Sole Proprietorship 1) Cancel business licenses … Read more

Is Snow Plowing Profitable?

Profitability of Snow Plowing In the right areas, snow plow businesses can be extremely profitable. One business owner in Boston has a gross revenue of $150,000 in an average year — but once brought in nearly $400,000 during a single month. The profit depends on operating expenses. The average cost ranges from $25 – 75 … Read more

How Do I Obtain a Certificate of Good Standing in DC? Process for Obtaining a DC Certificate of Good Standing

You can get a Certificate of Good Standing in person or online from the D.C. Department of Licensing and Consumer Protection. To renew a DC Certificate of Good Standing, submit an application to the DC Department of Consumer and Regulatory Affairs. A certificate of good standing is a legal document that confirms that your business … Read more

Can I Open a Cafe in My House?

Introduction to Coffee Shop Business On average, a small to medium-sized coffee shop can earn $60,000 to $160,000 in personal income for the owner. Despite high gross margins, operating income remains low. Profitability of Coffee Shops Coffee shops have 85 percent gross margins. Most expenditures go toward overhead. Building sales volume makes a small cafe … Read more