How to avoid bad checks from customers
In 2020, 6.51% of non-cash payments were made by check. Checks were used for 6.51% (or a total of 66,560) of all non-cash payment in 2020....
How to Start a Corporation
by znims
A corporation is an entity separate from its owners in terms of tax and legal purposes. Stock and shareholders are common in most corporations. It...
What is an irrevocable letter of credit?
by znims
DEFINITION A irrevocable Letter of Credit is a contract between a buyer, usually an importer, and the bank. The bank agrees that it will pay the exporter (seller)...
What is the cost of a patent?
by znims
It may seem difficult to calculate the cost of a US patent, but it isn’t. This article breaks down all the costs associated with filing a...
What market saturation means for your business
by znims
There are several things that you can do when starting a new business to ensure its viability and potential for survival. The most important step is...
How to invest money in your startup business
by znims
You’re starting a new business, and you have to invest some money. Call it “seed” money if you like. What’s the best way of accounting for...
Template for Outstanding Checks Letter
by znims
You can use the letter below to contact people or organizations who have not deposited their checks. The text can be copied and pasted into your...
Five Online Businesses that You Can Start with No Money
by znims
Internet is a great equalizer. It has evened out the playing field in business. Anyone with a computer can start an online money-making business. Here’s the thing, though:...
Best Tips and Resources to Start an Etsy Business
by znims
Etsy is a global marketplace with more than 1.73 million active sellers, selling over 40 million vintage and handmade items. These include everything from crafts to clothing. Etsy...
What is an Entrepreneur?
by znims
Entrepreneurs are those who create a business around a new idea. They are responsible for managing the business, and they assume all the risks involved in...