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Opening an Etsy shop can provide a fun and relatively affordable way to start a business. However, it isn’t completely free. Etsy charges a few fees to sellers in exchange for the increased visibility and transaction services the site provides. Here’s a guide for those thinking of selling on Etsy. What are Etsy Fees? Etsy fees are small charges that a seller must make when listing products, increasing visibility, or completing transactions on the site. There are various types of fees that sellers should be aware of, including listing fees, transaction fees, and advertising fees. They are outlined in the sections below. If you are just starting out on Etsy get as much information about the platform as possible. This includes how to start an Etsy shop as well as other topics such as how to be successful on Etsy . How Much Does Etsy Charge Per Transaction? Etsy charges a 6.5 percent transaction fee on all purchases. This is calculated based on the sale price of the item, along with ...

Female business owners have traditionally faced unique challenges when seeking funding and government contracts. To balance those disadvantages, there are now certain programs and contracting dollars that are reserved just for women-owned businesses. However, owning a business as a woman isn’t enough; there are specific certification requirements companies must meet to be eligible. What is a Women-Owned Business Certification? A women-owned small businesses certification is an official designation through the U.S. Small Business Administration. Companies that achieve this certification process are eligible for programs and contracts set aside for women-owned small businesses. Types of Certification for Women-Owned Businesses There are two main types of women-owned small business certifications through the SBA: Women-owned small businesses and economically disadvantaged women-owned small businesses. Here’s a guide to each. Women-owned small businesses: This is the basic women-ow...

The Bank of America has announced new secured credit offerings and digital resources aimed at helping entrepreneurs launch their ventures and grow. The offerings comprise of the Business Advantage Unlimited Cash Rewards Secured credit card , Business Advantage Secured Credit Line, and the Start a Business Center. Bank of America Launches New Credit Card and Line of Credit for Small Business Securing credit and the right resources for growth can be difficult for small businesses and entrepreneurs, especially in today’s challenging environment. The Bank of America’s latest products and resources are specifically aimed at small businesses aspiring to grow or build their business’s credit history. Speaking of the objective of the new credit resources for small businesses, Sharon Miller, president of Small Business and head of Speciality Banking and Lending at Bank of America, said : “Bank of America is committed to providing small business owners with innovative solutions and advice ...

The federal tax system is a pay-as-you-go model. Generally, employees meet their tax payment obligations through wage withholding. But there’s no withholding (yet) on self-employment earnings. Usually, self-employed individuals meet their tax payment obligations through estimated taxes. The following are some general questions about federal estimated taxes and what to do. What are estimated taxes? Estimated taxes are not a separate type of tax, but rather a way to pay taxes. Unless your current annual tax is minimal (no more than $1,000) or you had no tax liability in the previous year (and meet other conditions), you can’t choose to pay your tax bill when you file your annual income tax return. Doing so likely will result in penalties. Federal estimated taxes cover not only income taxes but also: Self-employment on net earnings from self-employment to pay Social Security and Medicare taxes Alternative minimum tax (AMT) if it exceeds the regular tax 3.8% on net investment incom...

If you run a small business in Michigan, there are several grant programs that may help you reach your goals. From Kalamazoo to Detroit to Flint, communities throughout the state can benefit from a vibrant small business community. Small Business Grants Now Available in Michigan Here are the Michigan small business grant opportunities that may help. Growing MI Growing MI is a statewide grant program to support businesses affected by the pandemic. Michigan allocated $409 million to the program, and businesses can apply for up to $5 million each. To qualify for the full amount, companies must be in business prior to October 1, 2019. Companies that launched between that date and May 31, 2020, can apply for grants that cover up to 25 percent of eligible, pandemic-related expenses. The program specifically aims to help entertainment venues, gyms, hotels, barbers, and restaurants. The deadline to apply is March 31. Match on Main Match on Main is a reimbursement grant program that ai...

Restauranteurs might spend days, weeks, months, or even a lifetime developing the perfect menus for their dining establishments. It would be a shame if the menu’s design left so much to be desired that patrons were uninterested in the quality dishes listed inside. A menu often represents customers’ first impression of a restaurant, and it’s vital it’s designed in a font that is unique, readable, and inviting. How to Choose the Perfect Menu Font for Your Restaurant With millions of typefaces to choose from the best font sites like Adobe Fonts and Envato Elements , how do you choose the perfect menu font for your restaurant? You don’t have to be a professional designer to choose the best menu fonts. Whether you’re creating the menu from scratch or relying on a restaurant menu maker , just consider the following tips to choose the perfect mix of letting. Identify the Font Family Before you can select the premium fonts for your menu design, you can significantly narrow down the opti...

Tax season is upon us! It’s time to start thinking about your income tax bracket for 2021, so you can get a jump on preparing your tax return for the internal revenue service. There will be seven federal income tax brackets in 2021, and the following guide will help you understand how they work. Using some of the top small business tax software can also make the task much more manageable. What is a Tax Bracket? A tax bracket is the range of income that is taxed at a certain rate, and it also largely determines how much money is withheld from your paycheck. The federal government decides which bracket applies to you by looking at your taxable income, which is your total income minus any deductions or credits you qualify for. Federal income tax brackets are usually presented in tabular form, making it easy to see how they work at a glance. And once you figure out your filing status, single, married, head of household, etc., you can use them to determine your tax rate and taxable inc...

Small businesses don’t usually have the buying power of large corporations. So they often end up paying more for the services they need. The Convoy wants to change that. The online marketplace provides discounts for small businesses by negotiating bulk discounts for all members. Read more about this intriguing concept in this week’s Small Business Spotlight. What the Business Does Provides a marketplace for businesses. Co-founder and CEO ?Yasin Abbak told Small Business Trends, “The Convoy is a B2B marketplace that helps small and independent businesses save money on everyday business tools and expenses, so they can reinvest more in themselves and their communities.” Business Niche Offering buying power to small businesses. Abbak says, “We give SMBs easy access to discounts on the products and services they use (or would like to!), helping them cut costs. We’re able to do this by combining the buying power of all our small business members to negotiate bulk discounts on their ...

Whether you are a cash-strapped business or a multinational corporation, the cost of taking on a new employee is as high as $4,129 per hire . On top of that, the unavailability of innovative skill sets in the market poses a massive threat to organizations. Technology is continually evolving and helps professionals from various sectors do their jobs faster and better. These technological changes also affect the way hiring is done. Human talent is the biggest enabler of business growth . However, no recruitment team has a bottomless budget or the time for hiring non-stop. To meet your recruiting needs, it is necessary to stay up to date with cost-effective techniques. Technology alone cannot solve the challenges your HR team hopes to resolve. Suppose you have previously dealt with issues such as broken hiring processes or a shortage of required skill sets. In that case, you must identify where you need to change with the availability of new technology. That is where change management...

CoSchedule started the Actionable Marketing Podcast (AMP) in 2015 and has recorded and published more than 300 episodes. CoSchedule has worked with some of the smartest minds out there that share their stories with you through this podcast. This season, CoSchedule brings back some of the best of the best evergreen content. These days, you need to create both a great Website and great content to rank on Google. Today, we’re talking to Brian Dean, an SEO expert and founder of Backlinko, about how to fuel your 10x content using his research method called the Skyscraper Technique. [podcast_motor_player url=https://ift.tt/JFUAg0p] Some of the highlights of the show include: Black Hat SEO: Stuffing keywords and creating fake signals to rank in Google Google penalized sites using Black Hat SEO strategy White Hat SEO: Show Google everything you did to optimize your site Backlinko teaches people White Hat SEO strategies SEO Elements: Keyword and topic research; create content around ...