Stepha

History of La Marzocco La Marzocco is an Italian company founded in 1927 by Giuseppe and Bruno Bambi in Scarperia, Florence. It specializes in high-end espresso machines. In 1939, Giuseppe Bambi patented the first espresso machine with a horizontal boiler, making the workflow more ergonomic. The Second World War halted production. After the war, the … Read more

Advantages and Disadvantages of a Corporation A corporation has advantages and disadvantages. Advantages: Limited liability Easy transfer of ownership Business continuity Access to capital Disadvantages: Expensive setup Taxes on profits Legal formalities Limited Personal Liability and Set Up Costs Corporations allow owners limited personal liability. If sued, shareholders are not personally responsible for debts. Limited … Read more

Sole Proprietorship Overview A sole proprietorship is owned by one person. It is not a separate legal entity. The company and owner are the same. A sole proprietorship is often exempt from incorporation and registration rules, making it simple to set up to manage a small or medium business. As the owner of a sole … Read more

FHA and Tiny Homes The Federal Housing Administration (FHA) insures residential mortgages. Tiny homes, typically not considered standard residential mortgages, are not eligible for FHA insurance because they do not meet the FHA’s minimum size and foundation requirements. For a home to qualify for an FHA loan, it must be at least 400 square feet … Read more