Does Gross Sales Include Sales Tax? Understanding Gross Sales and Net Sales

Gross sales include total revenue from sales before deductions, including shipping charged to the buyer. However, gross sales do not include actual postage costs, discounts, returns, taxes, or other expenses. Net sales reflect deductions from gross sales, such as discounts, returns, taxes, and expenses. The difference between gross sales and net sales is that net … Read more

When Can You Sell Fireworks Texas?

Texas Fireworks Regulations In Texas, fireworks sales, possession, and use are regulated. Permissible fireworks in the state fall under “1.4G fireworks” and “1.4S fireworks.” The former includes consumer fireworks such as sparklers, fountains, and certain aerial fireworks, while the latter encompasses professional display fireworks. It is illegal to sell or shoot fireworks within 100 feet … Read more

What Business Makes the Most Money? Most Profitable Businesses

Creating computers and accessories is one of the most profitable businesses to start with 17% after-tax profit. Information systems and SAAS companies are also profitable with their ‘build once, sell many times’ model. The cost of goods sold goes down each time a digital product is sold. AI marketing services, industry-specific customer relationship management software, … Read more

How Much Do Title Policies Cost in Texas? Understanding Title Insurance Costs

Title insurance is a crucial aspect of purchasing property, as it protects the buyer and lender from any claims against the property. Costs can vary based on the property’s location and price, and understanding these expenses is essential for anyone entering the real estate market. Title Insurance Costs in Texas In Texas, title insurance costs … Read more

Is Activewear a Saturated Market?

Global Growth of Activewear Market The global activewear market is growing rapidly, expected to reach $527.3 billion by 2028 from $371.7 billion in 2022, exhibiting a 5.8% growth rate. Activewear includes moisture-wicking, breathable clothing designed for sports and outdoor activities. The market is competitive with newer brands launching innovative products. Key trends shaping this market … Read more