Can You Have 2 Businesses Under One LLC?

Considerations for Setting Up Multiple Businesses under One LLC You have multiple options to consider before jumping in. The route you choose can impact liability and tax obligations. I recommend talking with an accountant and attorney to get expert advice on legal and tax implications. Different Approaches for Managing Multiple Businesses Use One LLC to … Read more

Do I Send a Sole Proprietor a 1099?

Overview of 1099 Requirements for Businesses Only your business, including your sole proprietorship, is required to issue a 1099-MISC or 1099-NEC. You must file a form 1099 with the IRS and to each unincorporated business or individual to whom you paid $600 or more. Failure to file can result in penalties. Understanding 1099 Exemptions and … Read more

How Much Do Dog Groomers Charge UK?

Dog Grooming Prices in the UK The typical cost of dog grooming in the United Kingdom is £43. Rates vary from £20 to £90 or more. Costs you’ll pay are determined by several things like: your dog’s size, coat type, and location. A groom for a medium dog might cost £23 to £79. Grooming prices … Read more

Is Popcorn a Profitable Business?

Introduction to Popcorn Business Popcorn can be a profitable business. The popcorn market is expected to grow. Making gourmet popcorn allows for higher profit margins. Consider starting a popcorn business if you enjoy cooking and want low overhead costs. How Profitable is Selling Popcorn? Selling popcorn can be very profitable. The popcorn market is growing … Read more

How Do You Get a Herbal License?

Herbal Licensing and Practice In this article, we’ll explore obtaining a Herbal license to legally practice herbalism. Herbal remedies have treated ailments for centuries. By obtaining your Herbal license, you’ll gain knowledge to safely and effectively use herbs. Setting Up a Herbal Business Consider market research and basic knowledge of herbal remedies before starting a … Read more

What Does Public and Products Liability Insurance Cover? Understanding Liability Insurance

Public Liability Insurance Public liability insurance covers claims made by the public due to injury or property damage inflicted on a non-employee. For example, if a customer slips and falls on your premises and sustains an injury, your public liability insurance can cover the costs of medical bills and any legal fees that may arise. … Read more

Which Type of Small Business Is Best? Understanding Small Business Fundamentals

Starting a small business can be a great way to make money. But before you take the plunge, it’s important to understand what type of business is best for you. The first step is to research the most profitable types. These include service businesses, online businesses, manufacturing businesses, and land subdivision businesses. Types of Small … Read more

How Do I Create an Annual Report for an LLC?

Purpose of LLC Annual Report An LLC must file an annual report in most states to update contact details and remain compliant with regulations. Requirements vary but include names, addresses, and identification numbers of members. Failing to file reports leads to fees or dissolved status. Reports summarize finances and activities from the past year under … Read more

What Is an Inflatable Business?

Overview of Inflatable Business An inflatable business involves selling, renting, or repairing inflatables like slides, castles, and obstacle courses for events, parks, and venues. Research and Investment Research inflatable types and quality suppliers. Consider cost and quality. Find reliable suppliers with reasonable prices for high-quality products. Invest in quality inflatables. Market your business online or … Read more