A limited liability company (LLC) is a business entity operating out of a specific state. Its particular model caters to both single-person enterprises and large organizations through personal protections and tax benefits. This article explains what is an LLC business, its advantages, and the steps needed for formation. Sign up for ZenBusiness to expedite your …
An employer identification number, or EIN, is like a Social Security number (SSN) for your company. It’s a unique nine-digit number the IRS uses to identify businesses for tax reporting purposes. Continue reading our What is an EIN Number guide to learn if your business needs one and how to apply online, by fax, telephone, …
The internet has simplified the process of starting up a business through website builders, online marketplaces, and an abundance of tools. However, these platforms only scratch the surface of the business savvy required to run a company. Instead, it takes an understanding of key words and phrases to find success. This article contains 50 business …
The retail inventory method is an accounting procedure that estimates the value of a retail store’s merchandise. This method produces the ending inventory balance for a store by calculating the cost of inventory relative to the price of the goods. In short, it’s one of the most common ways to calculate the value of your …
Merchant service providers are the key to unlocking your company’s full payment potential. What is a merchant service provider, and how exactly does it work? This ultimate guide has answers to all your burning questions. What is a Merchant Service Provider? A merchant service provider (MSP) is a broad term for any type of software, …
People operations empower your employees to become productive and fulfilled in the workplace. It’s essential for you to invest time and effort in people ops because your workforce is the backbone of your business. Although the term “people operations” is relatively new, it’s a traditional concept that is closely related to human resources (HR). What …
Customer support is a trained team of people aiming to help customers with a product or service issue. In other words, it is to ensure that customers have successfully solved their problems with your company’s products and/or services. In this article, we’ve listed why client support services are important, how it works, and the difference …
CoinMarketCap reports the total number of cryptocurrencies in the world reaching a whopping 20,000. There’s bound to be a bunch of undervalued crypto coins, as well as overvalued ones, among the thousands of new and old projects. Smart investors know the art of identifying undervalued assets and holding on to them for incredible returns in …
If you decide you don’t want to form an LLC or corporation, you’ll likely want a “doing business as” registered name for your sole proprietorship or partnership. A DBA checking account can be a game-changer for a small company looking to build a brand. It can facilitate business processes, saving time and reducing headaches. What …
A Gantt chart is a project management tool used to visualize a project plan. It’s a useful way of showing scheduled tasks and task due dates. Gantt charts help team members and project managers view the start dates, end dates, and milestones of a project in one simple stacked bar chart. What is a Gantt …
