Business & Enterprise

The Internal Revenue Service (IRS) estimates that sole proprietorships make up between 71 and 75 percent of all firms in the US. The vast majority of sole proprietorships are small businesses. They account for only approximately 6% of total sales in the United States. What is a sole proprietorship? A business that is owned and … Read more

Depending on whether you’re working with a debt collector or the original creditor, a creditor will usually agree to accept 40% to 50% of the debt you owe, though it might be as much as 80%. In either situation, your initial lump-sum offer should be much below 40% to 50% of the total to leave … Read more