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Tip of the Day Never Buy The Extended Warranty

Never Buy The Extended Warranty - Most of the time new products automatically come with a ninety-day or one-year warranty, which is during the period most products that are defective,...

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Sole Proprietorship

Definition: A business structure in which a single person owns and operates the entire business.

TeenAnalyst Advice: Sole proprietorships are really easy to get started but they don't offer lots of flexibility.  It's hard to take on investors and not easy to hire employees.

Sole proprietorships are taxed on the individual's income tax return.

 

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Definition of the Day National Best Bid and Offer

National Best Bid and Offer - National Best Bid and Offer is the Security and Exchange Commission rule that requires the brokers to guarantee that the customers receive the best prevailing ask price when they purchase the securities and the best prevailing bid price when they sell securities. This incorporates...

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