What Should I Charge for Welding?

Factors Affecting Welding Costs The amount you should charge for your welds depends on various factors. It’s important to research the market rates in your area and consider your costs before setting your prices. Your pricing strategy should aim to strike a balance between being competitive and ensuring fair compensation for your work. Pricing and … Read more

What Is a Guaranteed Draw Against Commission?

Draw Against Commission Basics A draw against commission guarantees minimum income. It helps motivate employees and gives financial security to achieve best performance. Two types exist: recoverable and non-recoverable draws. With recoverable draws, a fixed amount covers a period. If earned commission exceeds draws, the employer pays the difference. If not, the employee owes the … Read more

How Much Does a Letter of Good Standing Cost?

What is a Certificate of Good Standing? A certificate of good standing is issued by a state to verify a business is legally registered, up-to-date on filings and fees, and permitted to operate in that state. Corporations and LLCs must register with their state to obtain it. You typically need to renew it yearly. You … Read more

What Is the Difference Between an LLC and a Corporation?

Ownership and Structure The main difference between an LLC and a corporation is ownership structure. An LLC is owned by one or more individuals called "members", while a corporation is owned by shareholders. Both entities provide limited liability protection and allow you to establish business credibility. Taxation and Management LLCs are relatively straightforward to maintain … Read more

What Can I Make Myself and Sell? Making Money with Online Sales

Selling items online can be a lucrative side hustle. Top Items to Sell for Quick Cash Clothing: Sell clothing you no longer wear that’s still in good condition. Handmade Goods: Market your own creations on platforms like Etsy. Culinary Delights: If you have culinary expertise, consider selling food online. Crafts and Hobbies: Turn hobbies like … Read more