How Do I Know Which Business Is Right for Me? Understanding Business Entities

The most common business entities are sole proprietorship, partnerships, and corporations. As a sole proprietor, you report income and losses via Schedule C and Form 1040. You can either choose a separate name for your business or use your own name. Partnerships largely resemble sole proprietorships, except that they involve more than one entrepreneur. To … Read more

How Much Does It Cost to Open a Tea Shop?

Costs and Factors to Consider for Opening a Bubble Tea Shop The cost to open a bubble tea shop may be as little as $75,000 or as high as $500,00. Most entrepreneurs can expect to spend around $100,000 to $150,000 to start their own boba tea cafĂ©. The single biggest cost for bubble tea shops … Read more