Connect with us

Business

Which Businesses Can Be Sole Proprietorship?

Author

Published

on

Proprietorship

As a small business owner, there are a lot of important decisions to make that can affect your business in a way. One of the most important things to consider is your business structure. It is important to understand as to whether you want to be solo as a business owner, or have partners to work with. Being a sole proprietor means that you solely own the business legally, without any separations that can protect you from any damages made to the business. Here we discuss the pros and cons about sole proprietorship and which businesses can become one.

Who can run a sole proprietorship business?

In order to understand what is a sole proprietor and who can run this type of business structure, we need to first define the term of what sole proprietorship is. It is considered to be an informal business that is liable to any risk or damages caused to the business, since the legal owner is tied to the business as an informal corporation. Any money that is lost or made is filed under the individual’s tax return.

In order to be able to run a sole proprietorship business, important factors have to be considered such as running a small business that won’t have any high risks or chances of losing out in profit, the target audience for your customers must be a small amount of clientele and it is a small business that usually starts out from a special skill or hobby such as graphic design or handcrafting.

What are the disadvantages?

The main disadvantage as a sole proprietorship business is that you’d be liable for any losses or damages in your business. This means that your personal assets are considered as your professional assets, since you’re legally tied to the business, without being able to separate your finances. This also means that any legal documents or business bank accounts that are handled under the business has to be done under the sole proprietor’s legal name.

Taxes will also be a problem, since you won’t be able to benefit from any incentives that other business structures usually get, which means that you may even pay a higher tax rate. Since sole proprietorships have limited clientele, so that there’s no risks for the business, this means that there can not be any opportunities for the business to expand and grow.

What are the advantages?

With so many disadvantages, you might be thinking what is a sole proprietor really beneficial for as a business structure, however, there is one advantage which is limited spending costs. As a sole proprietor, you’re not really required to invest so much money into the business since you already have a limited client base and you just mainly need to pay for any costs of your physical or online business. Another advantage is that you can always create a DBA (Doing Business As) which means you can create and register a fictitious name as a sole proprietor that you wish to do business under. This also gives you the advantage to open up a seperate business account that you can be paid under as your fictitious name.

Our say

Being a sole proprietor is mainly beneficial for business owners who have a really small client base and are more in the creative field such as blogging, photography or graphic design. However, another example of sole proprietors may also set up physical small convenient stores that solely rely on clients who come in to purchase necessities. Being a sole proprietor means that you will be running everything by yourself.

It’s important to consider all pros and cons about setting up a sole proprietorship and whether it is actually suitable for your business structure or not. However, like every business, there will always be risks that we have to take in order to overcome obstacles and succeed. Learn more about various kinds of profitable businesses that you can start, on this website: www.businesshotel-navi.com

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Building Contracts: They’re Changing & You Need To Know

Author

Published

on

Building Contracts

It has never been more imperative to have a building lawyer read your contract. The pandemic created a shift in construction agreements that can be problematic for owner-builders if not properly assessed. One such change is in the special conditions placed upon agreements. There is no longer such a thing as a “typical agreement”, especially in regards to irregular price increases.

Some changes can be obvious to the owner, where others can be a little cheekier, hidden amongst “special conditions” provided with additional documentation. They typically contain jargon that lulls the owner into agreeing without really knowing what it means.

Special conditions have also changed and are now rampant in proposed agreements. This means that standard builds often contain conditions that dramatically increase the cost to build.

This is something that industry novices may not be aware of. Sure, you may see such pricing and think, “hmmm, seems a little excessive”. But would you take it further without the proper advice telling you that it’s not just excessive – it’s a flagrant rip off?

Here are some of the sneaky changes that have occurred and why you need the best building contract lawyers in your corner:

What are some of these nefarious changes?

 Building lawyers across the country are being shocked by some of the unscrupulous changes in construction agreements.

These include:

  • Agreement value & hidden extra fees
  • The agreements scope & time limits
  • Extensive power to slow down work
  • Random cost increases
  • Charges for additional questions & variations
  • Charges for delays when a site inspector visits

These sound ridiculous, don’t they? That’s because they are, and you should never agree to something like that just because they are in your proposed agreement.

How are “special conditions” being used against owners?

 “Special conditions” are being used to unscrupulously wrangle owners into paying more than they should. There are many examples of special conditions, ranging from price increases when a build isn’t completed on time to extra charges for materials.

One common sneaky move is the builder requesting extra money for speeding up the build. Sure, this may seem great (“we just have to pay a couple of thousand more for them to complete it by June!). But if they are charging you extra to complete it by June then they probably can complete it by June without the extra money.

It brings up a lot of legal issues and you should have a reputable building lawyer analyse these stipulations. This is because under fixed-price building contracts you don’t have to pay additional amounts of progress payments. You are legally protected from being charged such absurd fees.

What’s more, if something occurs outside of your agreement, then it should always be agreed upon in writing. These fees can amount to thousands of dollars, and you don’t want to pay any such fees without them being agreed upon in writing. You don’t want your already-sneaky builder thinking they can take further advantage of you. Therefore, you shouldn’t agree to make any payments that fall outside of your contract.

So, if you have any confusion regarding any perceived cheeky moves in your agreement, you should always contact a legal representative. They can analyse the agreement for any nefarious “special conditions” and whether they are legally sound. It is, of course, highly likely that they are not, so it is important that you have the experts in your corner to avoid paying any ridiculous unwanted fees.

Continue Reading

Business

The Ultimate Guide to Buying the Perfect Flower Bouquet

Author

Published

on

Flower Bouquet

There are many ways to express love, gratitude, or even apologies, but few are as universally appreciated as gifting a carefully chosen bouquet. Flowers can evoke emotions, create ambience, and even convey unspoken sentiments. That’s why it’s crucial to consider buying the perfect flower bouquet.

Worry no more if you’ve ever found yourself aimlessly searching “flower shop near me” in the hope of stumbling upon a bouquet that calls out to you. This ultimate guide will help you become a connoisseur of the craft, turning you from an overwhelmed buyer to a confident chooser.

Knowing the Occasion

Different flowers symbolize different emotions and meanings. Roses, for example, are often associated with love and passion, while lilies symbolize purity and renewal. Understanding the occasion, you’re buying for can significantly narrow down your choices and guide you toward an emotionally resonant bouquet.

Seasonal Choices

Always keep in mind that flower availability varies with the seasons. Spring blooms like tulips and daffodils are not commonly found during winter, and vice versa. If you’re looking for a fresh and vibrant bouquet, your best bet is to opt for seasonal flowers.

Colour Matters

Visual appeal plays a significant role in how your bouquet is received. A rule of thumb is to choose colours that are either complementary or analogous on the colour wheel. For a romantic feel, you might go for reds and pinks, while a bouquet meant to evoke serenity might include whites and blues. The colors should match the sentiment you wish to express.

The Art of Arrangement

An often-overlooked factor in selecting a bouquet is the arrangement. The way flowers are arranged can significantly influence their overall appeal. Professionals use principles of design to create bouquets that are balanced, harmonious, and truly eye-catching. If you’re unsure about which arrangement to choose, consult the experts. A renowned flower boutique like Bella Fleur specializes in creating aesthetically pleasing and emotionally resonant arrangements.

Buy Bouquets with Extras

Sometimes, when you buy bouquets of flowers, it’s not just about the themselves. Additional elements like a beautiful vase or decorative touches such as twigs, berries, or a personalized note can elevate your bouquet to the next level. These extras add character and can make your gift truly memorable.

Freshness Guaranteed

The last thing you’d want is for your flowers to wilt within a day of gifting them. Always ensure the flowers are fresh, petals are vibrant, and leaves are green. It’s also wise to inquire about the longevity of the bouquet and how best to preserve it.

Final Thoughts

Buying the perfect flower bouquet is an art as much as a gesture of goodwill. From understanding the occasion and season to choosing the right color and arrangement, many factors make your bouquet special. The next time you search for a “flower shop near me,” remember that a reputable and professional boutique like Bella Fleur can make your quest for the perfect bouquet an absolute delight.

So, step into the world of florals with newfound confidence and give the gift that speaks the universal language of beauty and love.

Continue Reading

Business

Georgian Style Wedding Menu

Author

Published

on

Wedding Menu 1

Georgia is an amazing country and there are many reasons for that, but one of the main ones is the fact that one of its most outstanding achievements is its dining culture.

Yes, you heard right. That’s exactly right.

If Italy is famous for its Colosseum, Greece for its democracy and France for its exquisite cuisine, Georgia has elevated the culture of celebrating significant days and simply eating food into something completely new and unexpected.

Celebrating special dates such as birthdays, New Year, weddings and so on is customary all over the world, but only here the celebrations are held with such magnitude and excitement. Georgians not only adore holidays themselves, but also consider it a mortal offense if you refuse to be their guest. Not in vain according to ancient traditions, refusal to come to the wedding could be the cause of a long feud.

If you want to repeat a real Georgian wedding, you will need at least a few elements:

  • A Georgian family.
  • Lots of guests.
  • Georgian music.
  • A toastmaster.
  • Local cuisine.
  • Georgian wine.

Yes, it is simply impossible to recreate a real Georgian wedding without family and guests. So get ready to send out a huge number of invitations, look for a good toastmaster and take care of a decent meal.

What to feed guests at a Georgian wedding?           

The menu at a Georgian wedding involves two components:

  • There should be a lot of food.
  • It is necessary to treat the local cuisine.

It is so traditional that the Georgian festive table should simply burst from the number of dishes. None of the guests should not go hungry. Therefore, the portions in Georgian cuisine are large, and the dishes are nutritious.

The menu at a Georgian wedding includes:

Cold and hot appetizers:

  • Badrijani;
  • Lobio;
  • Pkhali (from spinach, beets, sauerkraut, nuts, etc.);
  • Kuchmachi;
  • Jonjoli;
  • Pickles;
  • Cheese aasorti;
  • Vegetable plate with greens;
  • Mushrooms on keci;
  • Salads.

Meat dishes:

  • Hinkali (with pork, lamb, veal or cheese);
  • Shkmeruli;
  • Ojakhuri;
  • Chashushuli;
  • Mtsvadi;
  • Ostri;
  • Satsivi;
  • Chakhapuli;
  • Tobacco chicken;
  • Chanakhi;
  • Chakhokhbili;
  • Shashliks.

Pastries:

  • Achma;
  • Khachapuri in Adjarski style;
  • Khachapuri in Mingrelian style;
  • Royal khachapuri;
  • Gurian pies;
  • Kubdari;
  • Mchadi;
  • Shotis puri (Georgian pita) – instead of bread.

Dessert:

  • Chiri;
  • Baklava;
  • Tatara;
  • Churchkhela;
  • Nazuki;
  • Pelamushi;
  • Tklapi;
  • Pastila;
  • Kozinaki or gozinaki.

Beverages:

  • Natakhtari;
  • Zedazeni;
  • Kazbegi;
  • Lagidze;
  • Red or white wine;
  • Chacha.

Georgian cuisine is quite diverse and extensive, but another huge plus is the abundance of purely vegetable dishes. This means that even guests who consciously or for other reasons do not eat meat and fish, will be able to find something tasty for themselves.

For traditional weddings even adopted the order of appearance of certain dishes on the table and not everything that we have listed can be attributed to the classics of the wedding celebration. But today, couples rarely prefer to strictly adhere to the rules, and in most cases choose a mixture of Georgian and other cuisines of the world for the wedding table. Which is quite understandable.

What cuisine for a wedding to choose foreign couples in Georgia? 

Wedding agency “Shu Wedding” is engaged in organizing weddings for couples from other countries in Georgia and here is what we can recommend you on this issue:

  • Before making Georgian dishes the main treat of your table, you should try them and make sure that you like them at least yourself.
  • It’s a local tradition to invite a lot of guests and set a huge table with an abundance of food, but that doesn’t mean you have to do the same. You can invite a few close people and limit yourself to a minimum of food. After all, this celebration is not about food, but about love.
  • Do not get carried away with Georgian wines. Despite their apparent lightness and the ability of locals to drink them like water, they are quite strong and insidious.
  • Do not limit your wedding menu to Georgian cuisine only. There is no better solution than to combine local cuisine with your traditional or familiar food.

The wedding menu is an important enough element of the celebration, but do not forget that even without dinner and guests, your wedding in Georgia can be unforgettable.

Continue Reading

Most Viewed

NDIS Plan NDIS Plan
Health3 weeks ago

Your NDIS Plan: 3 Tips To Get The Most Out Of It

It’s only natural that many Australians get overwhelmed by their National Disability Insurance Scheme(NDIS) plan. It’s full of complex jargon...

Stunning Designs Stunning Designs
Home Improvement2 months ago

Stunning Designs: 5 Elegant Kitchen Island Ideas

The kitchen island is a prized instalment for any home. It provides that all-important extra space for prepping, cooking and...

Philadelphia Injury Philadelphia Injury
Law2 months ago

Advocates for Justice: Unraveling the Role of Philadelphia Injury Lawyers

Philadelphia, a city steeped in history, is not immune to the challenges posed by personal injuries. Amid bustling streets and...

Cleaning Services Cleaning Services
Home Improvement2 months ago

Efficient Apartment Cleaning Services in NYC: A Spotless Home Awaits You

Key Takeaways: Hiring efficient apartment cleaning services in NYC can save you time and energy. Expert cleaners can achieve a...

Cable Suppliers Cable Suppliers
Technology3 months ago

Building Bridges: The Unsung Heroes – Cable Suppliers in Brisbane

Technology is shaping the urban spaces and connecting them with each other. What plays a pivotal role are cables and...

Reducing Healthcare Reducing Healthcare
Health4 months ago

Reducing Healthcare Costs With Quality Nursing

It’s a well-known fact that the American healthcare system is one of the most expensive in the world, for individuals,...

Real Estate Investment Real Estate Investment
News4 months ago

What to Look For in Real Estate Investment Properties

Many in the real estate industry believe that prices will fall after the pandemic, there are however many others who...

White Nails White Nails
Fashion4 months ago

Elevate Your Style with White Nails

Regarding fashion, the smallest details can often make the biggest impact. One of the hottest trends in the fashion world...

Zodiac Sign Zodiac Sign
Education4 months ago

Your Guide To Choosing a Career Based on Your Zodiac Sign

We all aspire to make the best decisions regarding our careers, but sometimes, we could use a little guidance. Could...

Personal Injury Lawyer Personal Injury Lawyer
Law4 months ago

Why Should You Opt for An Experienced Personal Injury Lawyer for Motorcycle Accidents?

Accidents are an unpredictable part of life. Depending on how grievous the injury or the amount of damage that your...

Trending