What Are the Expenses for a Bakery?

Bakery Startup Costs Establishment renovation and bakery construction: $100,000 Utility expenses: $6,500 Equipment needed: $100,000 Store equipment: $13,000 CCTV installation: $5,000 Bakery Financial Management Controlling Bakery Expenses Budgeting Develop a detailed budget Refer to your budget regularly Supplier relationships Build strong relationships with vendors Operating Costs Includes direct and indirect expenses Ingredients Labor Advertising Administrative … Read more

Do I Need a Small Business License in VA? Steps to Start a Business in Virginia

Naming your business Choosing a type of business entity Registering the business Getting tax ID numbers Applying for necessary licenses or permits Business Licensing in Virginia Virginia doesn’t require a general business operating license, but various licenses or permits may be necessary based on the business activities. Obtaining Licenses in Virginia Business Type: Licensing requirements … Read more

Where Do Dividends Paid by a Subsidiary to the Parent Company?

Dividends Paid by a Subsidiary to the Parent Company This recognition occurs when the subsidiary declares the dividend. The amount recognized as income is based on the parent company’s ownership percentage in the subsidiary. To record dividends paid by a subsidiary to the parent company, the parent company debits cash or receivables and credits investment … Read more

What Age Can Babies Go in a Baby Bouncer?

When to Start Using a Baby Bouncer A baby can go in a baby bouncer at around the age of 3-6 months. However, you should make sure someone is near to the baby while they do any activity. Parents may use bouncers to calm and soothe their babies with due precautions. You must keep your … Read more

How Do I Find My Massachusetts Business ID Number?

How to Find Your Massachusetts Employer Identification Number (EIN) To find your Massachusetts Employer Identification Number (EIN), visit the Department of Revenue website. Navigate to their online EIN Lookup tool. This resource safeguards individual and business interests in Massachusetts. Employer Identification Number (EIN) Information An Employer Identification Number (EIN) identifies your business to the IRS … Read more