Meghann

To open a McDonald’s restaurant, franchisees need $500,000 in liquid assets and to pay a $45,000 franchise fee. The total investment ranges from $1.3 to $2.4 million. McDonald’s requires franchises to have at least $500,000 in liquid assets. Franchisees must also pay 4% royalties on gross sales and 4%+ brand fund fee. The potential rewards … Read more

Certified Herbalist (CH) Registered Herbalist (RH) Master Herbalist (MH) Clinical Herbalist (CHC) To become a practicing herbalist, the American Herbalists Guild recommends a program of at least 1600 hours of study at a school of herbal medicine, including a 400-hour clinical requirement. American Herbalists Guild and Herbalist Designations The AHG, or American Herbalists Guild, is … Read more

Understanding LLC Ownership Structures LLC owners are known as “members.” LLC laws don’t place many restrictions on who can be an LLC member. LLC members can therefore be individuals or business entities such as corporations or other LLCs. It is also possible to form a single-member LLC whose only owner is another LLC. Business owners … Read more

Overview To start a nonprofit in Alabama, you must choose a name, incorporate it with the state, file paperwork with the Secretary of State, and obtain 501(c)(3) tax-exempt status from the IRS. The process involves choosing three directors, filing a name reservation form, and completing the necessary Articles of Incorporation and bylaws. Costs and Timeline … Read more

Snow Plow Costs and Considerations A truck-mounted snow plow can cost $1,299 to over $4,000. With so many plow designs available, the best way to choose a snow plow is to first determine what you need. If you’re plowing a small property, a manual plow might be all you need. Snow blowing services usually charge … Read more

To increase your milk tea business, develop a business plan detailing costs, potential profits, and risks. Create a brand strategy and design with a compelling mission statement, logo, packaging, and color scheme. Sell online and use e-commerce to reach more customers. Perform financial analysis routinely and change tactics accordingly to maximize profits. Network at local … Read more