Profit and loss statements are an important business document because it categorically shows if a business is on a downturn -- allowing you to take immediate steps before the losses become painfully huge. It can also help you assess a business opportunity and monitor expenses and possible percentage of revenue. Here is a basic guide on how to create an effective profit and … [Read more...] about How to Create an Effective Profit and Loss Statement
business documents
How to get a Beer and Liquor License
If you are opening a bar or a restaurant, you will need to get a beer or liquor license. Beer or liquor licenses are required for any business start-up that will serve or sell alcohol. If you do not get the appropriate permits, you are breaking the law and your business establishment can be shut down. You will also be asked to pay a hefty fine. Getting a beer and liquor … [Read more...] about How to get a Beer and Liquor License
5 Tips for Conquering Paper Clutter
Is your desk buried under a pile of paper? Do you waste minutes—even hours—looking for an important document? Are your drawers so stuffed with folders and files that you don't have space for office tools, important contact numbers, or anything that you actually need? Here are some tips on conquering desktop clutter, forever. These habits are short, simple, and easy to … [Read more...] about 5 Tips for Conquering Paper Clutter
3 Types of Business Structures
You've found a great business idea and, after studying the market and your competition, you've developed what you know will be a popular and profitable product or service. The next and very important step is to create your 'legal personality.' This is your business structure and how you will register it at the proper government agency—the company equivalent of a 'birth … [Read more...] about 3 Types of Business Structures