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What Is LLC Pass-through Income?

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What is Pass-through Taxation? Pass-through taxation is taxation in which the taxpayer does not directly pay taxes to the government. Taxes are paid on LLC income by owners after it passes through the business. Profits and losses pass through to owners, who report that income on personal tax returns. This system avoids double taxation and … Read more

How Much Do Small Business Owners Make?

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Factors Affecting Small Business Owner Income According to PayScale, the average small business owner income is $60,648 per year. Factors impact your earnings. By understanding factors that affect salary, owners can maximize profits. Increase revenue by expanding customer base, offering services/products, and streamlining processes to lower costs. Increase efficiency and reduce costs through automation or … Read more

Are Sunbeds Still Popular?

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Sunbeds’ Popularity and Use Trends Sunbeds’ popularity still exists among individuals under 35, with varying reasons for use, including getting a base tan and perceived attractiveness benefits. Better education and age restrictions may help in reducing sunbed usage. Tanning Beds vs. Skin Cancer Risk Recent research confirms the continued popularity of tanning beds, especially among … Read more

When Should You Not Change Your Logo? Growing Your Business Without Upsetting Clients

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If your business is growing, successful and thriving do not upset clients by switching, changing and altering how you look. You can instead change the way you do business behind the scenes: with financial or economic adjustments, staff changes, process, infrastructure. Don’t change your logo, label or brand unless your business has to change services … Read more

Do Bookstores Make Any Money?

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Profitability of Bookstores Bookselling profits are generally more slender than many other retail businesses. Despite the challenges indie bookstores face, there’s still a loyal following that supports these local businesses. From quirky staff recommendations to unique events, indie bookstores offer a personalized and welcoming experience. It is difficult to say definitively whether or not bookstores … Read more