Gaming is skyrocketing to new heights of success and growth with the advent of technology and the rising adoption of smartphones and low-cost data. The gaming industry is growing like no other industry, so many entrepreneurs are interested in launching their gaming business today. However, among all other things, one of the most important things people ask is how much it costs … [Read more...] about How Much Does It Cost to Start a Gaming Business?
Startup Expenses
5 Things to Consider When Using Personal Credit Cards for Business
Business expenses need to be documented, so you can’t simply pay cash for them. You could, but the IRS won’t recognize them as deductions if you get audited. Credit cards are better for business expenses. They give you documentation of the transaction and a receipt for your records. You don’t have to use a “business” credit card, though. There’s nothing wrong with using a … [Read more...] about 5 Things to Consider When Using Personal Credit Cards for Business
How to Efficiently Keep Track of Business Expenses
Understanding your business expenses can be the difference between drowning and growing your business. On the surface, understanding how much your business spends sounds like an easy task. But it’s proven to be a pitfall for many. Keeping a tight ship on your business expenses is crucial because it determines your taxable net income. Without proper expense documentation and … [Read more...] about How to Efficiently Keep Track of Business Expenses
Managing Your Start-Up Finances
When starting a business, you can expect to spend a lot of money. The worst part is that you have to spend all this capital before you ever earn your first dollar. Even once your business is running and you are taking in money, the chances are good that you will still pay out more than you earn, keeping your business in the red. You want to find a way to get into the black … [Read more...] about Managing Your Start-Up Finances
Start-up Costs and Marketing a Nightclub Business
How to Start a Nightclub Business | 1 | 2 | 3 | Next Start-up Costs of a Nightclub Business A nightclub is a pricey undertaking with a high failure rate. You have to pay the lease, the DJs, security, door people, promoters, waiters, bartenders, and yes, even attraction magnets such as celebrities and hot chicks. Even paying for alcohol license is not cheap: getting an … [Read more...] about Start-up Costs and Marketing a Nightclub Business