article thumbnail

Remote Work, Not Taxes, Threatens Cities: Why That Threat has Peaked but Others Remain

This is going to be BIG.

While those things are fun and exciting (well, maybe except for school), many argue that those things come at a cost—the monetary cost of living in NYC. That’s a very incomplete way to look at cost. The other major factor in what it costs to live in NYC is the opportunity cost of physical space. my annual salary.

article thumbnail

How to Form a Corporation

Up and Running

Having both will add cost, but they should also add significant peace of mind to your work throughout this process. Wyoming offers no state income taxes and good asset protection. The cost of filing ranges between $100 up to $800 or so, depending on your state and type of entity. . So, why use a service? .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Baby Boomer Retirement: Or Should I Start My Own Business?

YoungUpstarts

Rising health costs, economic volatility and longer life spans have baby boomers questioning if retirement is the best option. Baby boomers have two options; Move to a retirement-friendly state where the cost of living is moderate to low and there is no income state tax. Start a home business and reap the rewards of big tax deductions.

article thumbnail

Who are the Major Revenue-Based Investing VCs?

David Teten

Repaid 12-36 months with ability to prepay at reduced cost. In a situation where Pied Piper’s revenue growth exceeds expectations, prepayment discounts are built into the structure, lowering the cost of capital.”. Capital need of up to $1.5M over next 12 months. Facility sizes of 2-5x MRR . For RBI, return caps of 1.2x-1.8x

Revenue 60
article thumbnail

25 Entrepreneurs Explain Their Major Accomplishments in 2019

Hearpreneur

Business was solid, albeit with tepid growth, With the Fed, stock market, and economic data in the first half of the year indicated early signs of a recession on the horizon in 2020, many business owners including myself initiated steps to control and reduce costs in the event of an economic downturn leading to lower revenue and profitability.

article thumbnail

Incorporating Your Small Business: Protect Yourself And Prosper

YoungUpstarts

The cost associated with forming a Corporation or LLC is minimal compared with a lawsuit. Some people choose a state with more favorable case law or tax benefits, like Nevada, Wyoming or Delaware. Hiring an attorney (This can be expensive and will require a high cost to you for ongoing help.); Picking a Name.

article thumbnail

Jason Colodne of Colbeck Capital Interviews Energy Ventures Analysis’ Emily Medine

The Startup Magazine

The cost to reclaim the land is higher compared to what it would be if the mining was complete, so the surety bond does not necessarily cover the costs. These bonds are expected to cover the reclamation liability amount. But when you stop mid-mine, the process becomes more complicated.