What Is a Breeder Queen Bee?

Queen Bee Overview A queen bee is the matriarch of a colony of bees responsible for laying eggs and caring for the young. They can live up to five years and have a special food storage area called a honeycomb. Queens use their sting for protection and to kill insects that threaten the colony. Queen … Read more

Can Two Llcs Have the Same DBA?

Using a Single EIN for Multiple Units and DBAs A company can use one EIN across units with fictitious names. You can have multiple DBAs under a sole proprietorship or names under a corporation. Whether an EIN is required depends on your structure and taxes. You can file forms yourself paying fees if applicable. When … Read more

How Much Would It Cost to Open a Batting Cage? Batting Cage Business Overview

A batting cage business offers baseball fans an opportunity to have fun hitting baseballs. Committed players can use batting cages to practice their skills. Additionally, establishments could provide entertainment for families. How much space do you need for a batting cage business? Baseball batting cages are typically 70 ft long x 14 ft wide x … Read more

Can an LLC Become an S Corp?

LLC to S Corp Conversion An LLC can elect to be taxed as an S corp by filing IRS Form 2553. Newly formed LLCs must file this form within 2 months and 15 days from the start of their first tax year. Existing LLCs can file Form 2553 anytime. There are pros and cons to … Read more