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Controller vs Accountant The difference is the level of oversight controllers provide organizations compared to accountants. Controllers ensure accounting procedures run smoothly. Accountants focus on one aspect of financial operations, ensuring proper reporting and compliance. Role of Controllers Controllers oversee accounting operations including staff. Academically, no additional requirements exist to become a controller, but most … Read more

Registering Your Brand Name as a Trademark Register your brand name as a trademark to give you exclusive rights to use your brand name and prevent others from using it without your permission. Consider how to protect your logo and brand; registering a trademark is only half of the battle. It’s up to you to … Read more

Overview of Operating Agreements and Articles of Organization Operating Agreements: Guide internal operations of a business Provide structure and clarity for multi-member LLCs Govern economic and business arrangements of LLC members Not legally required but recommended to prevent disputes and offer clarity Articles of Organization: Establish LLC’s legal existence Show basic details like name and … Read more

Capital vs. Expense Overview Capital refers to long-term investments expected to benefit a business for years. Expense refers to short-term costs necessary to keep a business running daily. Capital expenditures are typically large, one-time asset investments like buildings, equipment, or vehicles. Businesses classify equipment costs differently as capital expenditures, like dollar values and expected revenue … Read more

Cost of New Jersey Business License All businesses operating in New Jersey must register with the State. The fee is $125 for for-profit and foreign nonprofits. For domestic nonprofits, the cost is $75. Requirements and Procedures for Obtaining a Business License in New Jersey To register, submit a Business Registration Application online to the Division … Read more

Perpetual Succession in LLPs The essential aspect of an LLP is perpetual succession. This means that the LLP will continue to exist indefinitely regardless of whether one of the partners dies. This distinguishes LLP as a separate legal entity from its partners. LLPs have their own rights, such as the ability to possess property, enter … Read more

Fowling is a hybrid game combining football and bowling. Founded in 2001 by Chris Hutt from Detroit, Michigan while tailgating at the Indianapolis 500. The first Fowling Warehouse opened in 2014 in Hamtramck, Michigan. Fowling Warehouses exist in five locations. The object is for teams to knock down opponent’s pins by throwing a football. Each … Read more

Most Valuable Tree Species and Their Worth The most valuable tree species that can fetch a good price are black walnut, cherry, oak, ash, and hickory. These trees typically can be sold for high amounts of money due to their hardwood being in high demand for furniture and other woodworking projects. On average, the value … Read more