A lawn care business does basic grass maintenance like mowing, edging, weed eating, and blowing. Learning how to start a lawn care business starts with understanding costs that include equipment, business licenses, insurance, and depending on your state, a mowing license. You can pay yourself around $60,000 a year with a well-functioning lawn maintenance business….
Starting a Business
Best States to Open a Cannabis Business
Looking to be the next marijuana millionaire? Getting an early piece of the rapidly growing pot pie is a smart move. According to Marijuana Business Daily, the booming industry saw retail sales hit $9.7 billion in 2018 from $6.6 billion in 2017, and that’s slated to double by 2022. New bars for cannabis revenue are…
How to Create an LLC Operating Agreement [+ Free Templates]
An LLC operating agreement is a binding contract between members describing how profits and losses are shared and whether your LLC is member- or manager-managed. It serves to resolve member disputes, dictate responsibilities and more. Operating agreements aren’t always required by law but have an attorney or legal service draft one to include in filing…
Top 25 Bitcoin Business Ideas from the Pros
The evolution of the cryptocurrency industry has gained momentum recently, providing people with different ways to earn income. There are many business opportunities that support the cryptocurrency industry. To help you get started, we spoke with the experts who shared their bitcoin business ideas and how to incorporate bitcoins and/or other cryptocurrencies into your business….
How to Create a Business Partnership Agreement [+Template]
A business partnership agreement is a contract between partners that contains terms like the business’s purpose, partner contributions and voting rights. A partnership agreement isn’t required to form a general partnership and doesn’t have to be filed with your state. However, have your partners sign one to create a legally enforceable document for resolving disputes….
Limited Liability Partnership Agreement Template + Pros & Cons
A limited liability partnership (LLP) agreement is a professionally licensed partnership that protects partners from personal liability of business decisions. These legal entities serve as pass-through entities for tax purposes and are organized to specifically help certain licensed professionals such as lawyers, accountants or architects. An LLP is easy to set up and administer. Limited…
Low Cost Franchises: Top 25 Franchises Under $25,000
We’ve found many high-quality, low cost franchises that have over 100 nationwide locations and initial investment fees starting under $25,000. They cover a range of industries, including fitness, cleaning, travel, food service and more. Many franchises prefer to work with an LLC. By setting up an LLC, it protects your personal assets from any potential…
Buying a Franchise: How to Buy a Franchise in 8 Steps
Buying a franchise is a good option for entrepreneurs who want to start a business but don’t want to go through the hard work of establishing a new brand and system. However, purchasing a franchise is not as simple as it may seem. This article will show you how to buy a franchise in eight…