Browsing Tag
startup costs
7 posts
A Breakdown of the Costs of Opening a Food Truck Business
If you aspire to be a restaurateur, opening a food truck is a great way to test your cuisine and build a customer base without committing to the upkeep of a brick and mortar restaurant and managing a large number of employees. For starters, working from a truck offers lower startup costs and monthly payments....
Franchise or New Business: Which is Right for You?
Thinking of starting a business? Before you do, consider an option that gives you an established system and known brand: a franchise! There are many benefits to running a franchise, as there are benefits to starting a new business. The truth is, which one is right for you will depend on what your goals are...
How This Dance Company Choreographs Cash Flow with Credit
Lindsey Dinneen is the owner of VidaDance Studio in Leawood, Kansas. With students ranging in age from 2 to 73, Dinneen’s company aims to bring the joy of dance into the lives of all members of her community. VidaDance offers ballet, jazz, tap, modern, hip-hop and dance fitness classes. In business for three years, Dinneen...
Maximize Your Deductions: The Tax Advantages Every Entrepreneur Should Know About
Whether it’s your first year as a startup or you’re battle-worn after years in the trenches, you’ve learned to keep a close eye on your company’s bottom line. When tax season rolls around, it’s another opportunity to be strategic about maximizing your tax deductions in order to minimize the overall amount you pay. However, this...
Hidden Startup Costs Entrepreneurs Should Know About
While it's ideal to start a business with extra financial cushion, this isn't always realistic. There will always be certain expenses you’re prepared to anticipate, like filing taxes and incorporating or forming an LLC, but others might creep up and surprise you. Wait, you have to pay a fee just for filing an application? Permits...
6 Lessons You Wish You Knew Before Owning a Retail Store
Owning a retail store can be very rewarding, but it can also be a tricky business to balance if you’ve never run one before. Even for an experienced retailer, there is a delicate balance between being successful and falling short of your goals. There is a fine line between success and failure, so, before you swing...
What You Need to Know About Taxes Before Starting a Business
Starting a business requires time and preparation, and preparing to meet tax obligations can affect many of the steps you must take when you open your business. In fact, you must deal with several items related to taxes before you even can obtain your business license. The earliest stages of opening a business usually involve writing...