Today’s copper market price is $3.83 per pound. The most common weight units for copper are pounds (lb), standard ounces (oz), troy ounces (t oz), and grams (g). One troy ounce is rounded to 31.1 grams — typically used by exchanges and bullion dealers. Copper prices are influenced by demand, mainly from construction and technology … Read more
Owner’s Draw and Tax Considerations When you take an owner’s draw, taxes aren’t taken out at the time. But this draw is still taxable income. You’ll have to pay federal, state, Social Security, and Medicare taxes on it. An owner’s draw lets you take money from the business’ profits or your contributed capital. You have … Read more
Car Wash Business Profits A full-service car wash business annually makes $500,000 to $900,000 in profits. It offers exterior, interior cleaning, vacuuming, and detailing. Other types include in-bay automatic car washes, exterior conveyer car washes, and self-service car washes. In-bay automatic ones make an average annual profit of $86,531 from a $139,000 annual revenue. Exterior … Read more
Basic Valuation Formulas To quickly value a business, find its total liabilities and subtract them from the total assets. This formula estimates the worth of a company by looking at its assets and subtracting liabilities. Business owners either overvalue or undervalue their company when determining its worth. This will give you an idea of its … Read more
Other Income and Expenses Other Income includes dividends, gains from the sale of capital assets, interest, miscellaneous sales, rents, and royalties. Other Expenses record unexpected losses not related to normal business, like loss from equipment disposal. Types of Expenses What are the 4 types of expenses? Expenses are split into fixed, variable, intermittent, and discretionary … Read more
Types of Vertical Marketing Systems (VMS) There are three main types. Corporate VMS is a single entity overseeing the supply chain from production to retailing. Contractual VMS involves an agreement defining roles in a distribution chain. An administered VMS occurs when one member coordinates the others’ activities, holding more power. The key differences are in … Read more
Scrolling with the Touchpad To scroll, move your fingers across the touchpad or between its top and bottom. Space your fingers apart to avoid them merging into a big finger to the touchpad. Two-finger scrolling may not work on all touchpads. To enable two-finger scrolling, turn the Two-finger Scrolling switch to on. With this selected, … Read more
Push marketing is placing or nudging products or services in front of target customers. Pull marketing helps target customers discover your brand, products, and services. The main difference is that push marketing pushes a product to customers, whereas pull marketing gets customers to come to you. Examples of push marketing include cold emailing. Examples of … Read more
Kevin Gilbertson, a web developer, launched TinyURL in January 2002. This service provides short aliases for long URLs, helpful for newsgroup postings with cumbersome addresses. On its homepage, a form allows submission of long URLs for shortening. Each entered URL gets a new alias in the server’s hashed database, generating a short URL that never … Read more
Wholesale insurance agents have a direct working relationship with the insurer unlike retail agents. Wholesale insurance is offered to small employer groups, usually with fewer than 10 employees, by nonadmitted carriers, also known as surplus or excess line carriers. These policies have individual rates but generally the same provisions. Wholesale insurance is risky as carriers … Read more