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Business Planning

How to Start a Shoe Company: A Step-By-Step Guide

How to Start a Shoe Company: A Step-By-Step Guide

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Shoes are both practical and fashionable items. Starting a shoe business presents an opportunity to build a regular stream of income while bringing people stylish items they’ll love and use daily. If you have a passion for footwear and entrepreneurship, determining how to start a shoe company could be your next venture. Let’s explore the ins and outs of creating a shoe brand and all the steps you’ll need to get started.

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Partnership vs Corporation: Similarities & Differences

Partnership vs Corporation: Similarities & Differences

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Any small business owner needs to decide on a legal entity when they incorporate. The decision is a big one because it impacts your structure, legal obligations, taxes, and bottom line. There’s considerable debate over partnership vs. corporation and which one works best. If you’re struggling to decide on the right legal entity for your new venture, here’s what you need to know.

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How to Secure Heavy Equipment Financing

How to Secure Heavy Equipment Financing

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A Guide to Heavy Equipment Financing

Heavy machinery financing can be hugely beneficial to businesses that rely on heavy equipment for their day-to-day operations. Heavy equipment leasing companies rent out machinery at a set price, saving businesses thousands of dollars they would spend buying new equipment.

Alternatively, heavy equipment financing companies set construction equipment financing rates to make machinery affordable and attainable for businesses. Massive machines can be challenging to finance out of pocket, and in most cases, purchasing equipment upfront is not pragmatic.

There are many advantages of leasing your building machinery or working with construction equipment finance companies. We’ll discuss these benefits shortly. First, we’ll share some information about construction equipment loans and leasing.

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A Guide to Opening a Marijuana Dispensary

Guide to Opening a Marijuana Dispensary

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Now that marijuana use is permitted in most of the USA and Canada, a green rush has swept through the nation. Cannabis is now legal to some degree in over 95% of the U.S., whether for medical or recreational use. 

Savvy entrepreneurs across America are acquiring their dispensary license and working out how to start a dispensary. Opening a marijuana dispensary requires time, effort, and planning, whether you’re looking to create a recreational or medical marijuana business.

New businesses in the marijuana industry are popping up all over the U.S. and Canada, making this a lucrative time for opening a marijuana dispensary. In this post, we’ll discuss how to start a weed dispensary, what licenses are needed to start a dispensary, and what kind of budget you’ll need to start a cannabis business.

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How Much Does It Cost To Open A Bar

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How much does it cost to start a bar? It seems straightforward: get a liquor license, find a space to rent, hire some staff, buy some inventory, and let the libations flow. However, the items listed here are a bit more complex than they may seem. Plus, there is more to running a successful bar than just having all the correct pieces in place—they have to work together to be profitable.

In the right circumstances, opening a local pub or bar can be a great investment. If you’ve been interested in pursuing a new business endeavour by opening a bar, read on. In this post we’ll go over how much money is needed to open a bar, so that you can start your business well-equipped with the information you need to be successful.

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accounts payable vs accounts receivable

Accounts Payable vs Accounts Receivable

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Many business owners don’t understand the difference between accounts payable and accounts receivable, but these are key terms related to your company’s finances. Despite their importance, accounts payable vs. receivable still becomes a source of accounting confusion for some. 

Although both accounts receivable and accounts payable are items on your balance sheet that are crucial for business operations, it’s essential to differentiate between accounts receivable vs. payable. You must know which of these accounts is for assets and which deals with liabilities, or your business could end up in debt and overextended.

In this post, we’ll answer the question, ‘what are accounts payable and accounts receivable?’, discuss accounts payable vs. accounts receivable, and explain the importance of receivables and payables.

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Cost to Open a Restaurant: Details You Need to Know

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How Much Does It Cost to Open a Restaurant?

While interest in cooking shows, culinary courses, and the foodie lifestyle abound, building a new restaurant business is a serious endeavor that requires more than just skill in the kitchen. There are a number of questions to consider when figuring out how to start a restaurant.

With that in mind, we’ll be discussing how much it costs to open a restaurant as well as share ideas and resources on opening the eatery of your dreams, all while maintaining a budget. 

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