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State Cottage Food Laws Most states allow hot sauce to be sold under their cottage food laws. Sales caps vary between states. Commercial packaging can help avoid these caps. Hot Sauce Information Hot sauce has a salty, sour flavor with heat from peppers. It adds spice to dishes like tacos and fried rice. All hot … Read more

Types of Financial Reports Required by SEC Balance sheets Income statements Cash flow statements Statements of shareholders’ equity Filing Requirements and Reports Most U.S. public companies must produce a 10-K each year and file it with the SEC. Several types are exempt from this requirement. Publicly traded companies must file initial and ongoing reports with … Read more

Overview of a Two-Member LLC A two-member LLC is a multi-member limited liability company that protects its members’ personal assets. The operating agreement is highly recommended for LLCs to state the operations and responsibilities of its members. Tax Treatment and Filing for Multi-Member LLCs Multi-member LLCs are taxed as partnerships and file taxes accordingly. IRS … Read more

Is owning a plumbing company profitable? Start your plumbing business profitably. Plumbers earn over $80,000 yearly. A master plumber billing $40 hourly makes $100,000 annually. Expect 35 percent profit margin. Riskier conditions increase pay. Owning any business is challenging. Invest in workers and tools. Market scope is big despite accessibility issues. Know your business value … Read more

Best Places to Retire in South Dakota Sioux Falls is named one of the best cities in America to retire. With median home prices lower than the national average, it’s affordable. Sioux Falls offers high quality, affordable retirement living. Affordable Living and Quality of Life If you want an affordable place to retire, consider Sioux … Read more

Different amounts of capital are required for various businesses. Identify the capital you can access, then list businesses your capital can start. It’s advisable to start a business you have experience with. For instance, if you have successfully sold products, a sales business would be ideal since you understand its operations. A Guide to Profitable … Read more