Regardless of the product or service a business provides, all companies share two common concerns: profits and losses. While people form businesses to meet a need, those companies revolve around making money. At a certain point, making money includes minimizing expenditures.
In any venture, you will pay taxes. According to Benjamin Franklin, they’re one of two things which can ever be certain in this world. And, though taxes serve the public good, they can take a toll. This is especially true for new, small or family-owned businesses.