In 2022, Shopify’s gross merchandise volume was $197.2 billion, and it’s generated over $812 billion in sales since its inception in 2006. Furthermore, Shopify accounts for 10% of the global e-commerce platform market, so it has a solid standing. For
On average, small businesses in the US generate between $1 million and $41.5 million in annual revenue; the amount you make in particular will depend on which industry you’re in and how wisely you’ve set up your business operations. Regardless,
Did you know that branding consistency can increase revenue by 20%? You also only have seven seconds to make a first impression, so you need to make sure it’s a good one. Any person hoping to run a successful business
In 2020, 2.8 million single-member LLC returns were filed, which is a huge increase from just 126,000 in 2001. Considering that they make up almost 10% of the total non-farm sole proprietorship returns, it stands to reason that operating an
When someone has an outstanding business idea, they usually want to try to carry it out on their own. Not only is it more satisfying to achieve, but it also protects their proprietary and intellectual properties too. However, there may
Striking it out on your own can be an exciting new chapter of life, especially if you get to pursue dreams you’ve pushed to the side for years. When weighing up your business structure options, a limited liability company (LLC)
