Somoza Business Bank

15 Sep

Manchester derby lineups: Man City vs Man United confirmed XIs, formations, and key battles

by Cedric Hawthorne 0 Comments

Manchester City and Manchester United named bold XIs for the first derby of the 2025/26 Premier League season at the Etihad. City started Donnarumma, Rodri, Bernardo Silva, Reijnders, Foden, Doku, and Haaland. United went with Bayindir, a defense featuring Mazraoui, Shaw, De Ligt, Yoro, Dorgu, plus Ugarte and Bruno Fernandes behind Mbeumo, Sesko, and Diallo. Anthony Taylor officiated with John Brooks on VAR.

8 Sep

49ers vs Seahawks: San Francisco edges Seattle 17-13 as Kittle scores, Bosa strip-sack ends rally

by Cedric Hawthorne 0 Comments

San Francisco opened 2025 with a 17-13 road win over Seattle. George Kittle scored the first 49ers touchdown of the year, and backup tight end Jake Tonges delivered the go-ahead grab with 1:34 left. Sam Darnold made his first Seahawks start under OC Klint Kubiak, flashing promise before Nick Bosa’s late strip-sack sealed it. Rookie Jaxon Smith-Njigba ripped a 41-yard play for Seattle.

1 Aug

Can an online business make me rich?

by Cedric Hawthorne 0 Comments

Well folks, let's dive into this intriguing cyber ocean of online businesses, shall we? Can they make you rich? Technically, yes! Just like finding a chest of gold in the wild, wild web, some entrepreneurs have indeed struck it big. But remember, every chest isn't filled with gold, sometimes it's just old socks! So, while the internet does offer a vast playground for potential wealth, it's not a guaranteed lottery ticket. Keep your spirits high, but your expectations realistic, and who knows, you might just find your digital pot of gold!

26 Jul

How useful is a BSc in business management?

by Cedric Hawthorne 0 Comments

A BSc in Business Management can be incredibly beneficial. It provides a strong foundation in essential business concepts, offering extensive knowledge of finance, marketing, and human resource management. This degree can significantly enhance your problem-solving and leadership skills, preparing you for a wide array of career paths. Furthermore, it also opens doors to higher education, like an MBA. Personally, I believe it's a great stepping stone for anyone aiming for a successful business career.

23 Jul

What is the mission of a business plan?

by Cedric Hawthorne 0 Comments

The mission of a business plan is to outline a company's goals and the strategy to achieve them. It serves as a roadmap, guiding the business towards growth and success. A well-drafted plan also helps attract investment by showcasing potential profitability. Simply put, it’s the blueprint for the company's future. So, it's crucial to carefully plan and regularly update it for a successful business journey.

18 Jul

What are some good one-man business ideas?

by Cedric Hawthorne 0 Comments

In my exploration of one-man business ideas, I've discovered several promising opportunities. Freelancing in fields like writing, graphic design, or programming is a popular choice, allowing for flexibility and creativity. Other appealing options include becoming a personal trainer or a life coach. For those with a knack for sales, starting an online store or becoming a real estate agent can be lucrative. Ultimately, the best one-man business idea combines your passions, skills, and the market's needs.

7 Apr

Is real estate a dying or booming business? Will it ever be dead?

by Cedric Hawthorne 0 Comments

Real estate is a highly lucrative and ever-evolving business. Despite some economic downturns, it remains one of the most dependable and profitable investments. Despite speculation that it may be a dying industry, real estate is not only alive and well but is actually booming. With low interest rates, rising home values, and a strong rental market, investing in real estate has become a safe and profitable option for many. As long as there is a need for housing, real estate will remain a viable option for investment and will never truly die.

15 Mar

Do you need a business/ finance degree to work on Wall street?

by Cedric Hawthorne 0 Comments

Wall Street is often seen as the pinnacle of the finance and business world. But do you need a business or finance degree to work there? The short answer is no. While having a degree in finance or a related field can certainly give you an advantage, it is not a requirement. In fact, many Wall Street professionals come from a variety of backgrounds and have different educational backgrounds. However, even without a degree, you will still need to possess a certain level of knowledge and understanding of the financial markets and have a keen eye for detail to be successful. Wall Street is a competitive environment, and any edge you can gain will be beneficial.

22 Feb

At what point should you file taxes for a side business?

by Cedric Hawthorne 0 Comments

When starting a side business, it's important to know when to file taxes for it. Generally, taxes must be filed for a side business when the business has earned more than $400 in profit. Other factors can affect when taxes must be filed, such as operating a home business or hiring employees. Business owners must also consider their tax filing status, as this will determine which forms are used to file taxes. Additionally, deductions for business expenses can help to reduce the amount of taxes owed. Knowing when to file taxes for a side business can help to ensure that all tax obligations are met.

6 Feb

Why is the corporate income tax so high in the United States?

by Cedric Hawthorne 0 Comments

The corporate income tax in the United States is one of the highest in the world. This tax is imposed on corporations and businesses to generate revenue for the government and to promote economic growth. The current federal corporate tax rate stands at 21%, which is higher than the average rate of other developed countries, such as the UK and Germany. The US also has state and local taxes which add to the overall burden on businesses. Furthermore, the tax code is complex and has many loopholes, making it difficult for businesses to comply. All of these factors contribute to the high corporate income tax rate in the US.