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4 Easy Steps to Choose the Perfect Business Name
ANNIE PILON | July 29, 2019
Welcome to Depop. We are the social marketplace where over 10M people come to buy, sell and discover unique items. Our mission is to empower creative minds by making our platform the place for the most vibrant communities in the world.
Article | August 3, 2021
About 4.3 million new business applications were filed in 2020, almost 1 million more than in 2019, with 51% of these owners citing that they started their business out of an economic need, and 33% said they started a business because they lost their jobs. Another reason we are seeing so many post-pandemic businesses? Corporate burnout. For those fortunate enough to have the means to start a business, this idea of reducing stress in their lives was a blessing in disguise. Many felt they were on the way to escaping the pre-pandemic, high-pressure corporate environment to now taking their passion and interests and converting them into a small business.
If you’re a sole proprietor, a partner in a partnership, or a member of a standard LLC, you’ll likely pay yourself with an owner’s draw. This is the most flexible payment method, allowing you to withdraw cash from your company’s equity account (your business earnings plus any capital you’ve invested in the business) at any time.
As most industries allocate time, money, and other resources into finding new employees in a labor market where the national unemployment rate is hanging at 3.5% — and substantially lower in some areas — at least one index says that distributors are sitting on the sidelines. According to the CBIZ Small Business Employment Index (SBEI), which tracks hiring trends for U.S. companies with 300 or fewer employees, 2020 kicked off with a seasonally-adjusted increase in hiring of 1.61% for January. “This is a notable improvement over the 1.16% decline in December,” CBIZ SBEI says. “It is also a remarkable number for January, as companies tend to contract their labor forces due to the end of the holiday shopping season.”
The main US COVID-19 website outlines the American Government’s response to the coronavirus. Currently, the primary source of business information is US Centers for Disease Control and Prevention (CDC), which has a guide to the outbreak. Key sections include:
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