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Turo’s IPO Details Turo filed to go public on the New York Stock Exchange. Founded in 2010, Turo allows people to rent out their personal cars to other customers. Turo generated $789.9 million in revenue in the 12 months to March 31. Its net income was $123.4 million. Turo did not announce a date for … Read more

Factors Influencing Business Closure Determining Business Closure A business should continue operating at a loss when every unit sold decreases the total losses incurred. By contrast, it’s better for the business to temporarily shut down when the incremental sales only add to the losses but long-run prospects look promising. And if profitability isn’t expected to … Read more

Initial Considerations To start a business, first refine your idea. Decide what type of business you want, such as online, offline, or hybrid model. Research the costs to help create a budget. Figure out how you will stand out from competitors and fulfil orders. Consider if you need physical space like a storefront. Test the … Read more

Careful planning, resourcefulness, and determination allow entrepreneurs to launch several ventures. Potential Business Ventures Online services: Writers, designers, developers, and marketers thrive freelancing. E-commerce: Endless opportunities with low startup costs. Backyard nurseries: Require little investment and offer profits when seedlings mature. Home-based catering: Utilizes existing space and equipment for events and parties. Food trucks Pet … Read more

Purpose of a Seller’s Permit The seller’s permit allows you to collect sales tax on taxable goods and services. You send the tax collected to the state. Seller’s permits let you collect and remit sales tax in the state issued. Registration Process for a Seller’s Permit To register: Gather business information. Double-check required details. File … Read more

Role of an Outreach Counselor An outreach counselor provides counseling and support services to people facing various problems. They assist people in daily living, encourage social situations, and provide coaching. Outreach counselors assess client needs and develop plans to help them. They provide referrals and crisis intervention. Patience, understanding, and ability to work with diverse … Read more

What is an LLC? A limited liability company (LLC) establishes your business as a legal entity distinct from you as its owner, protecting you personally from liability. Forming an LLC also prompts practical conversations if you co-own a business with partners regarding responsibilities, departure, and profit-sharing. These decisions get outlined in writing during LLC formation. … Read more