Leticia

Profitability of Candle Making The profit margin for candles is between 25% and 50%. The average cost for an 8-ounce candle can run just under $3 and they can be sold for around $10 to $15 each. Selling at weekend craft shows at about 100 candles each week can earn you somewhere around $1000 a … Read more

Title: Salvage Value Salvage value is the amount that an asset is estimated to be worth at the end of its useful life. It is also known as scrap value or residual value. Salvage value is used when determining the annual depreciation expense of an asset. The depreciation expense is recorded on a company’s income … Read more

Equipment Required for Distilling Alcohol Still Heat source Collection vessel Process of Distilling Alcohol First, create a fermented mash with ingredients like grain, yeast, and sugar. Allow to ferment. Then, set up the still, connecting it properly to the heat source, condenser, and collection vessel. Turn on the heat to slowly boil the mash, allowing … Read more

Importance of Using and Maintaining Trademarks Once you have successfully registered your trademark, you can have a monopoly on it forever, in principle. However, you must actively use it within 5 years and renew it every 10 years with the US Patent and Trademark Office to prevent cancellation. Risks of Non-Use for Trademarks If you … Read more

When a business engages in certain activities in West Virginia, it is required to register for a sales tax permit. These activities include: Having a retail store, office, or warehouse where products are produced or inventory is stored in the state. Making a sale of tangible personal property or taxable services in West Virginia. Charging … Read more

Choosing the Right Entity for Your Business When choosing a business entity, the founder first chooses between a sole proprietorship, LLC or Corporation. The second choice is taxation. An LLC offers protection from personal liability for debts and obligations that a business might incur. In other words, personal assets cannot be used for legal claims … Read more

Hot Dog Vendors Income The main spot in Central Park costs $200,000 per year for the permit. Outside of the Central Park Zoo is where you can get the most costly license for a yearly fee of $289,500. With the high volume of foot traffic, long hours, and the low cost of producing a hot … Read more

Cheapest State to Start an LLC To form a Maryland LLC, you need to file Articles of Organization and pay a $100 filing fee. You must pay $300 per year for the Maryland Annual Report fee to the SDAT to keep your LLC in good standing. You may also need to pay an annual subscription … Read more