Business Structure for online business (LLC or sole Proprietor?)

LLC vs Sole Proprietor for online business You are probably in the process of registering company’s name and getting an EIN.  Maybe you even got to working out the details of your website design, business model, marketing, SEO, finance, services, drop shipping, and more.  Or maybe, you don’t have a…

The current employment system and how it affects our economy

There are many sides to things when it comes to employment, especially when it involves illegal immigrants.  I believe the current employment verification system is fair to some, but not to other employers.  I want to believe that employment verification system was made with good heart in mind.  Lawmakers intended…

How endangered species can affect the economy

It’s viral that humanity act to save the polar bear, so that it can protect the ecosystem.  The existence of polar bears arr very important because it’s considered an umbrella species.  “Polar bears represent the end point of the sea ice ecosystem as we know it today. This is the…

DBA and FBN

The first thing you’ll come across will be DBA and FBN, which stands for doing business as and fictitious business name respectively (basically your company name).  Before anything, you might be wondering, why do I need a company name and register it?  You need one because most personal bank account…

Introduction To Business Licenses

Business requires licenses, and you probably came here to find out if you need one yourself.  My answer is yes you do!  (Government wants your money either in taxes by tracking you with your registration, or they’ll charge you a lot more in legal fees if you get caught).  You…