How do you determine how much money you need, not only to get your business started, but to keep it running until more cash is flowing in than out? One way is to consider all of the costs involved in running a business, not just those that are obvious.
When you apply for funds to finance your business, the potential investor or lender will ask you three questions: how much do you want, why do you need it, and how do you intend to pay it back.
Market Research should begin long before the Business Plan is written. The results of that research will help to not only define the potential customers for a product or service, but how to design, price and sell it. Moreover, market information is invaluable when approaching funding sources. “Copycat” or “me... Learn More
To a business person, a good credit history is even more important. It might affect one’s ability to get the financing needed to start or run a business.
A Business Plan can be the single-most important tool in getting your business off the ground. It will help you define your goals, keep you on target, get financing, manage your growth, and more
Whether you are starting a pizza shop or a plumbing business, a flower shop or a factory, you need a solid plan.
Learn about the different ownership structures - Sole proprietorship, Partnership, Corporation, Limited Liability Company (LLC). They all have distinct tax implications.
While you are not required to register your mark, there are certain advantages to owning a federal Trademark registration.
A Certificate of Occupancy is required as a condition of a change in the use and occupancy of a space in accordance with the International Building Code. Certificates of Occupancy are also required for all new construction and building additions.
This license is required for any distributor, distribution business, or person, who distributes commercial handbills on sidewalks, in public places, or door-to-door.
Dumpsters in the public right of way require an annual, renewable license from the Department of Licenses and Inspections.
The City Wage Tax is a tax on salaries, wages, commissions and other compensation paid to an employee employed by or rendering services to an employer. Generally, individual employees of Pennsylvania companies will find that the employer deducts Wage Tax from their pay, since this is required by law.
The Net Profits Tax (NPT) is levied on the net profits from the operation of a trade, business, profession, enterprise or other activity.