How much is an AR franchise?

How much is an AR franchise?

Facts & Figures

Liquid capital required $50,000
Investment $60,000 – $100,000
Franchise fee $20,000 – $30,000
Royalty 6.0% – 7.0%
Units in operation 110

What is AR franchise tax?

The Arkansas Secretary of State requires some business entities to report and file Annual Franchise Tax each year. The Annual Franchise Tax is a privilege tax that limited liability companies (LLCs) and corporations must pay for the opportunity to conduct business in Arkansas.

Who is subject to Arkansas franchise tax?

§ 26-54-101 et al., also known as the “Arkansas Corporate Franchise Tax Act of 1979”, requires all Corporations, LLC’s, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax.

Do I have to pay franchise tax in Arkansas?

Arkansas state law requires all Corporations, LLCs, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax. Failure to pay can result in the imposition of additional fees, penalties and interest, or even revocation of the authorization to do business.

How many AR workshops are there?

As of the 2019 Franchise Disclosure Document, there are 96 franchised AR Workshop locations in the USA.

How much does AR Workshop pay?

Average AR Workshop Assistant hourly pay in the United States is approximately $9.94, which is 26% below the national average.

How much does an LLC cost in Arkansas?

How much does it cost to form an LLC in Arkansas? The Arkansas Secretary of State charges a $45 fee to file the Articles of Organization online and $50 if filed by mail. You can reserve your LLC name with the Arkansas SOS for $25 if filed by mail or $22.50 if filed online.

Do you have to renew your LLC Every year in Arkansas?

The State of Arkansas requires you to file an annual franchise tax report for your LLC. The report is associated with the state’s franchise tax that applies to most LLCs. The tax, payable to the Secretary of State, is $150.

How are LLCs taxed in Arkansas?

Like S corporations, standard LLCs are pass-through entities and are not required to pay income tax to either the federal government or the State of Arkansas. Instead, income from the business is distributed to individual LLC members, who then pay federal and state taxes on the amount distributed to them.

Who owns AR workshop?

Meet Rebecca Nehrbas, owner of AR Workshop Newtown Rebecca has an Event Marketing background, which spans over 14 years in the promotional industry.

What is Anders Ruff workshop?

AR Workshop®: a boutique DIY studio that offers hands-on classes for creating custom and charming home decor from raw materials. Join an instructor-led workshop to make customizable wood signs, frames, canvas pillows, round signs, lazy susans, centerpiece boxes, trays, chunky knit blankets and more!

How to pay your franchise tax in Arkansas?

Welcome to the Arkansas Secretary of State Franchise Tax / Annual Report Filing System This site allows taxpayers to pay their franchise taxes online with a credit card or electronic check. Accepted credit cards include Visa, Mastercard, Discover, and American Express.

Who are the founders of the AR workshop?

AR Workshop® was founded in 2016 by Maureen Anders and Adria Ruff. After spending 6 years raising their children and building the online platform, Anders Ruff, the two dreamed of creating a space where their popular graphic design and celebrity-endorsed DIY party printables could come to life!

How many locations are there for AR workshop?

After just a few short years, the AR Workshop concept has spread across the nation into over 150 locations in 32 states! The vision to create an inspiring and charming place for all things DIY has now been shared with over one hundred new business owners and thousands of guests. Be the boss.

What makes AR workshop different from other DIY Studios?

AR Workshop is a boutique DIY studio that offers hands on classes and retail in an inspiring, safe and comfortable boutique atmosphere. A wide range of creative offerings paired with national brand partnerships makes AR Workshop truly unique. We are an empowerment franchise, not just another DIY studio.