Where Are Most Corporations Incorporated? Business Incorporation Trends

Delaware: Home to over 1,000,000 businesses and majority of Fortune 500 companies. Delaware’s business-friendly laws make it the most popular state for incorporation. Global Economies: Beijing has 15% of Global 500 company revenue. Shanghai and Shenzhen account for 69% of mainland China’s Global 500 revenue. In contrast, New York, San Jose, and Dallas account for … Read more

What Are the Biggest Costs to a Business? Company’s 3 Biggest Expenses

Product costs Payroll Labor Cost Management and Profitability Keeping product costs down is hard. Legislation can increase payroll costs unexpectedly. Higher labor costs make workers better off but can reduce profits and jobs. Effective cost management and budgeting are crucial to achieving profitability. For many businesses, employee salaries and benefits often represent the substantial cost. … Read more

What Is a Tattoo Apprenticeship Like? Introduction to Tattoo Apprenticeships

A tattoo apprenticeship trains students in all aspects of tattooing under an experienced artist. It starts with learning safety, sanitation, and equipment. After 1-3 years an apprentice gains enough skills to become a professional tattooist. Choosing the right mentor is crucial to learn effective techniques. An appealing portfolio displays creative talents key for getting an … Read more

What Can I Write Off as a Barber?

Barber Tax Write-Offs A barber can write off all expenses required to operate his business. This includes money spent towards advertising, purchasing equipment, liability insurance, cleaning supplies, business cards, booth space, and uniforms. If the uniform requires dry cleaning, he can also write off the dry cleaning expenses. IRS Form 1040 for Barbers To write … Read more