Mersey

Operating Agreement for LLCs Required Operating Agreement: Only five states legally require LLCs to have an operating agreement: California, Delaware, Maine, Missouri, and New York. Importance of Operating Agreement: An operating agreement clarifies how LLC funds are distributed to the owner and protects personal assets from business assets. Forming an LLC in New Jersey Choose … Read more

Importance of Bodyguards for Wealthy Individuals Very wealthy individuals might need bodyguards when traveling or at large events where they could be targets. Bodyguards can help minimize risks and provide protection in potentially dangerous situations. Do All Billionaires Need Bodyguards? Billionaires, especially those who are founders of tech companies, often hire bodyguards to protect themselves. … Read more

Every state taxes purchases made outside the state. In Michigan, the tax on out-of-state purchases is called the "use tax." The use tax was enacted in 1937. Michigan does not tax digital goods; however, software is taxable. The basic rule is: If a business has a physical presence in a state, it must collect sales … Read more

Qualifications for Becoming a Barista To be a barista, you generally need a high school diploma and to be over 18 years old. Most employers provide the necessary training. A barista starts gaining competency after three months but is not fully proficient until after at least a year. Key skills for baristas include: Multitasking – … Read more

Golf Range Balls Range balls typically do not fly as far or perform as well as the golf balls you’d use on the golf course for a live round of play. As a general rule, driving ranges prohibit golfers from using their own balls as a matter of policy and practicality. It is also the … Read more

Definitions and Differences DBA stands for "doing business as". It is a fictitious name used to conduct business instead of using your own legal name. An LLC, or limited liability company, is a separate legal business entity that provides liability protection for its owners. Liability Protection A key difference is liability protection. With a DBA, … Read more

Tips for Choosing a Restaurant Name Your restaurant’s name should be memorable, catchy, and unique to attract customers and build brand recognition. Choosing the perfect name can be a challenging task, but with the right guidance, you can create a name that represents your brand and resonates with your target audience. The difference between restaurant … Read more

A mobile phone repair business can be quite profitable if managed well. It is important to provide good quality spare parts and service to make it a reputable venture. You can start with as little as 5-15 pieces of each item you wish to repair, allowing you to serve customers while waiting for more parts. … Read more