What You Need to Know About Starting an LLC?

How Do LLC Owners Make Money? An LLC protects owners from personal liability for company debts. LLCs don’t pay taxes directly; profits/losses are reported on owners’ tax returns. LLCs must file tax returns unless no income/expenses. Advantages and Disadvantages of LLCs LLC advantages: liability protection, tax flexibility. Disadvantages: complex taxes, paperwork. Steps to Make Money … Read more

How Does the Apothecary System Work?

Apothecary System Overview The apothecary system is a system that was created in old England to measure weight and volume. It is primarily used by physicians and pharmacists to write medication dosages. Units in Apothecary System The apothecary system is based on the grain as a measurement of weight, and the fluid ounce as a … Read more

Are Logistics Companies Profitable? Logistics Business Profitability

Companies focusing on specialized transport like temperature-controlled goods tend to earn more as they offer unique services. When a company relies heavily on its owner, it shows. This creates risks if the owner leaves. Efficiency and productivity are essential for profitability through inventory management, transportation, and warehouse optimization. Supply chain integration is also critical. Understanding … Read more

What Payment Platform Does Godaddy Use? GoDaddy Payment Platforms and Security

GoDaddy uses PayPal, Stripe, SEPA, SOFORT, and Interac as payment platforms. GoDaddy payments are safe and reliable. GoDaddy provides 24/7 security support. User-Friendly Website Building GoDaddy websites are beginner-friendly, simple, intuitive and easy to use. GoDaddy offers payment plans that allow getting paid for online appointments, events, and items in your store. You can add … Read more

How Much Does Porsche Make per Car?

Profit Overview Porsche makes nearly $11,800 profit per car. High prices of Porsche cars drive profits compared to rivals. Options and packages increase prices. The average Porsche sale price is $99,000. In 2016, Porsche sold 237,778 cars with 14% higher profits of £3.4 billion. Porsche makes $23,000 profit per car, more than Volkswagen brands. Porsche … Read more

How Do You Become a Business Associate? Business Associate Career Path

Qualifications and Education The qualifications needed for a career as a business associate vary depending on the company. You may start with a high school diploma or GED certificate. Some employers require a bachelor’s degree in business, marketing, or a related field. To be a business associate, you need excellent communication skills to interact with … Read more

What Is a CIT Return? Corporate Income Tax Overview

A company’s income tax return shows the company’s income tax (CIT) payable. Resident companies pay CIT on worldwide income, non-residents on Nigerian income. Companies in upstream operations also pay hydrocarbon tax. CIT Rates by Country Nigeria The CIT rate in Nigeria depends on a company’s turnover, with: 0% for small companies below NGN25 million turnover … Read more

How Profitable Is a Craft Distillery? Pricing and Profitability in Craft Distilling

If these bottles retail for $40 per bottle, you can probably sell those bottles to a distributor for $20/bottle. That is a total possible revenue of $960/day. Assuming a healthy 40% profit margin after Cost of Goods Sold for raw materials, you can net $384/day. Craft Distillery Industry Overview The American Craft Spirits Association defines … Read more