Danna

A DBA (doing business as) is an assumed name under which a sole proprietor or partnership can conduct business. The key disadvantage of a DBA is the lack of personal liability protection. With a DBA, the business owner is personally responsible for all debts and legal liabilities. A DBA does not provide exclusive naming rights … Read more

Three-Generation Rule The idea that family lose their wealth in three generations is known as the "Three-Generation Rule". It states the first generation creates the wealth, the second generation preserves it, and the third generation squanders it. The hard work, determination, and grit it takes the first generation to make the money allows the second … Read more

Highest-Paying Consulting Jobs Software Consultant Business Consultant Security Consultant Management Consultant Financial Consultant Systems Consultant Senior Consultant In terms of education, a bachelor’s degree is the minimum requirement for consulting positions. Relevant majors like marketing, finance, and human resources development are preferred. Experience level, industry demand, and location also impact salaries. An MBA can facilitate … Read more

How to Start a Pawnshop in Texas Select an available location since pawnshops have distance requirements from schools. Leasing an old pawnshop can minimize zoning issues. Build inventory by visiting pawnshops, sales, auctions, and browsing classifieds. Earning interest on loans and profits on retail sales are income sources for pawnshops. Pawnshops target 15-25% profit margins. … Read more

Tree Ownership and Liability If a tree trunk is on your property, you own the tree. As the tree owner, you must ensure it is healthy and stable. If your neglected tree falls and damages your neighbor’s property, they can sue you for compensation. Insurance Coverage for Fallen Trees If a tree falls on your … Read more

Understanding Series LLCs The Series LLC is a hybrid approach that allows one juridical entity to establish an unlimited number of protected series. The Series LLC law considers protected series to be legal persons, meaning they have their own asset protection shield. While the asset protection shield between protected series is not as predictable as … Read more