How to Dissolve an LLC in North Carolina
In 2023, Americans broke the record by filing 5.5 million new business applications. But the sad truth is, not all of these ventures will be successful, nor will they stand the tests of time. For those looking to close their businesses, here’s how to dissolve an LLC in NC. If you’re the owner of a […]
How to Start a Box Truck Business
The freight and logistics market size in the US is valued at $1.29 trillion, and it’s projected to grow to $1.57 trillion in 2029. The world is driven by logistics, and there’s no sign that this industry will slow down any time. You might’ve once considered becoming a truck driver, but were discouraged since you […]
How to Start a Party Rental Business
A study done in 2019 found that the average American hosts seven parties a year, and it takes them 10 hours of labor each time. As you can tell, party planning can be a real headache, and people will leap at the chance to make things easier. This is where party rental businesses can save […]
What Are the LLC Tax Benefits I Can Expect?
From 1995 to 2021, small businesses created 63% of the total new jobs that appeared on the market. This speaks volumes about how these businesses keep the country running, and there’s no better time to get in on the action than now. There are several business structures available though, and it may be tough to […]
S Corp vs Sole Proprietorship: What’s The Difference?
86.5% of nonemployer firms in the US are sole proprietorships, and 13.3% of small employer firms use this business structure. On the other hand, the numbers for S-corporations are 4.6% and 52.4% respectively. Based on these numbers, nonemployer firms favor sole proprietorships and small employer firms favor S-corporations. But what does that mean for you […]
S Corp vs LLC Tax Benefits: All You Need To Know
In 2023, a survey found that 37% of small businesses and gig workers surveyed had anxiety and confusion about how to file taxes. Your own income taxes can already be confusing enough, and when you add business ones, it can be terribly complicated. One way to prevent this from happening is to understand what your […]
