By James Stephenson

The New Encyclopedias for Supplemental source of revenue

Filled with 202 confirmed money-making possibilities, every one e-book during this renowned sequence outlines a mess of the way you could complement your income.

The present development of lively retirement is turning out to be. This publication exhibits you what you are able to do in retirement to make additional cash. Plus, it comprises the necessities on getting began, with worthwhile counsel in all parts of commercial and an intensive source list.

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The biggest advantage of a sole proprietorship is that it is very simple and inexpensive to form and can be started, altered, bought, sold, or closed at any time, quickly and inexpensively. And, outside of routine business registrations, permits, and licenses, there are few government regulations. The biggest disadvantage of a sole proprietorship is that you are 100 percent liable for any number of business activities gone wrong. This can mean losing any and all personal assets, including investments and real estate, as a result of successful litigation or debts accrued by the business.

You have to think visual impact and word-ofmouth referral; both rely on short, easy-to-spell-and-remember, descriptive names. Keep your business name geographically universal so that you do not limit growth potential. Your business name should also convey the image you want to project. For instance, if you sell high-end window fashions, a name such as Exquisite Window Fashions is suitable. Conversely, if you cater to budgetminded consumers, Low-Cost Window Fashions is suitable. Business registration costs vary by state and province, but generally, they are less than $200 to register a sole proprietorship, including name search fees.

Food and Drug Administration (FDA). Keep in mind that the obligation is on the business owner to learn about the laws and regulations that must be followed and the relevant permits and registrations that are required. Insurance Coverage Purchasing appropriate insurance is the only way that you can be 100 percent sure that in the event of a catastrophic event, your business, assets, and clients will be protected. Finding the right insurance for your specific needs can be a time-intensive endeavor because of the shear number of insurance companies and coverage types available.

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