What Uses Horizontal Shaft Engines?

Introduction Horizontal shaft engines are commonly used in lawnmowers, pressure washers, and other small equipment due to their compact design suited for limited spaces. Fuel Type for Small Engines Small engines typically use gasoline as fuel, derived from crude oil, to power internal combustion engines. Importance of Engine Oil Engine oil is crucial for preventing … Read more

What Does Driving for Dollars Mean?

Overview of Driving for Dollars Strategy Driving for dollars is a strategy real estate investors use to find off-market deals. It involves driving around target neighborhoods, looking for distressed properties. Investors write down addresses of distressed properties, research them, then market to the owners. The goal is finding deals competitors have not noticed. It can … Read more

What Is a Resolution Book for an LLC?

What is an LLC Resolution? An LLC resolution documents decisions by LLC members and company actions taken. Resolutions create a record of significant decisions like taking loans, opening bank accounts, and buying real estate. They serve as legally binding proof if a member claims an action wasn’t properly approved. Importance of Operating Agreements An operating … Read more

What Happens to Business Contracts When Name Changes?

Name Change in Contracts When a company changes its name while the contract is in effect, the parties will want to ensure that they modify the terms. Both parties could agree to continue the contract without modifying the name. Changing your name does not legally affect your contracts. The entity is liable under the contract. … Read more

What Is Another Word for Babysit?

Getting Started with Babysitting Tell neighbors, teachers, religious groups members, and parents’ friends you’re available for babysitting jobs. Make flyers and cards to distribute locally. Post on community boards near schools, shops, and doctor’s offices advertising your services. Join neighborhood social networks and advertise there too. Babysitter’s Age and Training Most babysitters start between ages … Read more

What Type of Business Are in Demand? High-Demand Business Ventures

In-Demand Industries Businesses that cater to our basic needs like food, clothing, shelter, transportation will always be in demand. Local restaurants and rental properties are examples. Online businesses have low startup costs and global reach but require an understanding of models like e-commerce, digital products, affiliates. Translation services grow as companies expand globally. Industries that … Read more

What Is Considered a Small Business in MN?

Understanding Small Business Definitions According to the Small Business Administration, a small business employs fewer than 500 employees. However, over 94 percent of businesses in Minnesota are much smaller, employing less than 50 employees. In addition, the U.S. Census Bureau reports that Minnesota is also home to over 397,000 non-employer businesses or those residents who … Read more

Why Do Apparel Companies Fail?

## Challenges in the Apparel Industry The apparel industry is fragmented and competitive. Many companies struggle to survive due to poor financial management, inventory issues, changing consumer trends, and more. An inability to keep up with the latest trends leads to unsold product. Without proper budgeting, cash flow suffers. Doing everything in-house also stretches resources … Read more

Does the Name on Card Matter?

Importance of "Name on Card" Websites ask for “Name on Card” to prevent fraud. Enter the name exactly as it appears on the physical card. Using someone else’s card without permission is illegal. Contact your bank to update a misspelled name, or transactions could be declined. The name should match the authorized card owner. Call … Read more

Can a Single-member LLC Have More Than One Owner?

LLC Membership Types Most states allow single-member LLCs and multi-member LLCs. An LLC’s membership is restricted if it elects S Corporation tax treatment, allowing up to 100 members. Differences between Single and Multi-Member LLCs Single and multi-member LLCs differ in taxation and ease of reporting income. Forming and Operating an LLC To add an owner … Read more