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HOW TO START A MUSIC LABEL
February 16th at 4:12pm
Record companies make money by marketing and investing heavily in their products – in this case, the product is the artist & their music. For smaller labels, recording costs average $15K per album. For large labels, the average cost can be from $100K to $500K and up. No special license is required in any state to operate a record label. You may set up your business as a sole proprietor, limited liability company or corporation depending on your needs and the size of the business. Thinking of starting a label? Here are 8 essential things to consider when setting up. Choose The Music. …Choose The Name. …Establish A Brand Look. …Build A Website/Register The Name. …Get Your…
UNDERSTANDING WORKING CAPITAL FINANCING
February 9th at 4:07pm
Working capital is calculated as current assets minus current liabilities. … Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. Working capital is important to because it is a measure of a company’s ability to pay off short-term expenses or debts. On the other hand, too much working capital means that some assets are not being invested for the long-term, so they are not being put to good use in helping the company grow as much as possible. Working capital financing is funding that is taken to finance a company’s…
HOW TO SET UP A HOME OFFICE
February 2nd at 4:02pm
Working from home offers many advantages including the flexibility of setting your own schedule, saving time, and gas money by eliminating your daily commute. However, being successful in a home office requires creating an office space that promotes efficiency in a non-traditional work environment. Consider the following tips to help define a professional working space for your new business. Set up a private business phone line. …Consider a standing desk for better health. …Make sure you have a comfortable office chair. …Enforce office hours. …Don’t mix business and pleasure (financially) …Check your insurance coverage. Once your office hours are set, don’t…
QUESTIONS TO ASK BEFORE GETTING BUSINESS INSURANCE
January 26th at 3:56pm
Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Most types of business insurance are optional and some are only recommended for certain types of businesses. However, while not required by law, a property and casualty insurance policy is highly recommended for all business owners. Further, your landlord may require you to carry property insurance. Business Insurance: The Questions You Should Ask What type of business insurance policies should I consider? How much coverage do I need? What experience do you have with business of my kind?How do I make a claim?
BEST BUSINESS HOTELS IN AMERICA
January 19th at 3:50pm
Business hotels are hotels located near the business district of the country/region they are in. They focus primarily on businessmen, not providing too much family rooms. They are sure to provide you with fast internet and silent rooms, if they are good at least. Most of them also offer conference rooms etcetera. According to a new study by Certify, which tracks expense reports, Hampton Inn, part of the Hilton family, is the most expensed hotel chain among business travelers. The other most popular hotel chains are as follows: Hilton Garden Inn.Hilton.Holiday Inn.Doubletree.Hyatt.Fairfield Inn.Comfort Inn.Embassy Suites. FIRST DOWN FUNDING IS FUNDING AMERICA. LOOKING FOR BUSINESS FUNDING? CONTACT FIRST DOWN FUNDING FOR FAST APPROVAL.
BENEFITS OF DOING BUSINESS INTERNATIONALLY
January 12th at 3:46pm
International business also increases competition in domestic markets and introduces new opportunities to foreign markets. Global competition encourages companies to become more innovative and efficient in their use of resources. For consumers, international business introduces them to a variety of goods and services. Here are seven of the most common advantages involved with expanding your business on an international scale: New Revenue Potential. The Ability to Help More People. Greater Access to Talent. Learning a New Culture. Exposure to Foreign Investment Opportunities. Improving Your Company’s Reputation. Diversifying Company Markets. Looking for a small business funding that fits your business budget? contact First Down Funding for funding options.
BEST CREDIT CARD PROCESSING COMPANIES
January 5th at 3:36pm
A merchant account is an account that enables merchants to process online credit and debit payments. … According to a designated schedule as determined by your payment gateway, the funds are automatically transferred from your merchant account into your business bank account, which you set up for yourself The average credit card processing cost for a retail business where cards are swiped is roughly 1.95% – 2% for Visa, Mastercard, and Discover transactions. The average cost for card-not-present businesses, such as online shops, is roughly 2.30% – 2.50%. Square: Best Overall Credit Card Processing for Small Businesses. Square is an…
HOW TO START A IMPORT/EXPORT BUSINESS
December 22nd at 7:34pm
The modern system of international trade is a complex web of import/export businesses that handle the sale, distribution, and delivery of goods from one nation to another. There is more than one type of import/export business. You could focus just on importing or just on exporting. You could be a manufacturer’s representative, specializing in a certain industry, or you could be an import/export merchant or agent, which is more of a freelance broker. Here are the steps you need to take to start an import/export business. Get Your Business Basics in Order. Pick a Product to Import or Export. Source Your Suppliers. Price Your Product. Find Your Customers. Get the Logistics…