To establish a pharmaceutical company in New York, you’ll need to obtain several key licenses and permits. Here are the main ones:

1. Drug Manufacturing License:
   • Issued by the New York State Board of Pharmacy, this license is required to manufacture pharmaceutical products within the state[1].
2. Drug Sales License:
   • Necessary for the distribution and sale of pharmaceutical products. This ensures compliance with state regulations on drug sales[1].
3. Controlled Substances License:
   • If your company handles controlled substances, you will need a specific license from the New York Department of Health – Bureau of Narcotic Enforcement[2].
4. Clinical Trial Authorization:
   • Before marketing new drugs, you must conduct clinical trials and obtain approval from the relevant regulatory body[2].
5. Environmental and Safety Permits:
   • Depending on your operations, you may need permits related to environmental impact and workplace safety[2].
6. Business Registration:
   • Register your company with the New York State Department of State and obtain a tax identification number[2].

These licenses ensure that your pharmaceutical company operates legally and maintains high standards of quality and safety.

References

[1] NYS Pharmacy:Pharmacy Establishments:Resident In State Pharmacy …

[2] New York Healthcare and Pharmaceutical Licensing – Harbor Compliance

1. Solvents: These are liquids used to dissolve other ingredients and help mix them together. Water is the most common solvent in cosmetics.
2. Surfactants: These ingredients help to mix water and oil, allowing for the creation of emulsions. They also have cleansing properties.
3. Active Ingredients: These are the components that provide the primary benefits of the product, such as moisturizers, antioxidants, and vitamins.

Additionally, cosmetics often contain preservatives to extend shelf life, thickeners to improve texture, and dyes or pigments for color

If your corp has the capital, you could get dividends from the corporation. SASAL, INC shares the case of our 100% capital share subsidiary.

Dividend

Steps to Decide the Dividend

1. Evaluate Financial Performance: The company assesses its financial performance, including net income, cash flow, and overall profitability. This evaluation helps determine how much profit is available for distribution.
2. Set Dividend Policy: The company establishes a dividend policy, which outlines the percentage of earnings to be distributed as dividends. This is known as the dividend payout ratio.
3. Board of Directors’ Proposal: The board of directors reviews the financial performance and dividend policy, then proposes a specific dividend amount. This proposal considers future investment needs and financial stability.
4. Shareholder Approval: The proposed dividend is presented to shareholders at the annual general meeting (AGM) for approval. Shareholders vote on the proposal, and if approved, the dividend is declared.
5. Dividend Payment: Once approved, the dividend is paid to shareholders on the designated payment date. Shareholders must own the stock by the ex-dividend date to be eligible for the dividend.

Dividend Calculation

The dividend per share (DPS) can be calculated using the following formula: $ \text{DPS} = \frac{\text{Total Dividends Paid}}{\text{Number of Outstanding Shares}} $

For example, if a company decides to pay a total of \$10 million in dividends and has 5 million outstanding shares, the DPS would be: $ \text{DPS} = \frac{10,000,000}{5,000,000} = \$2 \text{ per share} $

Types of Dividends

• Cash Dividends: The most common type, paid in cash to shareholders.
• Stock Dividends: Additional shares of the company’s stock are distributed instead of cash.
• Property Dividends: Non-cash assets, such as products or property, are distributed to shareholders.

Factors Influencing Dividend Decisions

• Profitability: Higher profits typically allow for higher dividends.
• Cash Flow: Adequate cash flow is necessary to support dividend payments.
• Growth Opportunities: Companies may retain earnings for reinvestment in growth opportunities.
• Debt Levels: High debt levels may limit the ability to pay dividends.
• Market Conditions: Economic and market conditions can influence dividend decisions.

Dividend Payout Ratio

Steps to Decide the Dividend Payout Ratio

1. Evaluate Financial Performance: Assess the company’s net income, cash flow, and overall profitability. This helps determine how much profit is available for distribution.
2. Set Dividend Policy: Establish a dividend policy that outlines the percentage of earnings to be distributed as dividends. This is known as the dividend payout ratio.
3. Consider Growth Opportunities: Evaluate future investment needs and growth opportunities. Companies may retain earnings for reinvestment in growth projects.
4. Review Debt Levels: Consider the company’s debt levels. High debt may limit the ability to pay dividends.
5. Analyze Market Conditions: Take into account economic and market conditions, which can influence dividend decisions.

Dividend Payout Ratio Calculation

The dividend payout ratio can be calculated using the following formula: $ \text{Dividend Payout Ratio} = \frac{\text{Dividends Paid}}{\text{Net Income}} \times 100 $

For example, if a company pays \$2 million in dividends and has a net income of \$10 million, the dividend payout ratio would be: $ \text{Dividend Payout Ratio} = \frac{2,000,000}{10,000,000} \times 100 = 20\% $

Factors Influencing the Dividend Payout Ratio

• Profitability: Higher profits typically allow for a higher payout ratio.
• Cash Flow: Adequate cash flow is necessary to support dividend payments.
• Growth Opportunities: Companies with significant growth opportunities may retain more earnings.
• Debt Levels: Companies with high debt may opt for a lower payout ratio to manage financial stability.
• Market Conditions: Economic and market conditions can impact the decision on the payout ratio.

Industry Standards

Dividend payout ratios can vary by industry. For example, utility companies often have higher payout ratios due to stable cash flows, while tech companies may have lower ratios as they reinvest earnings into growth[1].

[1]: Investopedia

References

[1] Dividend Payout Ratio Definition, Formula, and Calculation – Investopedia

Wholly owned subsidiaries

The tax treatment of dividends from wholly owned subsidiaries can vary depending on the jurisdiction, but here are some general principles:

Tax Treatment Overview

1. Dividends Received Deduction (DRD): In many jurisdictions, parent companies can benefit from a dividends received deduction, which allows them to exclude a portion or all of the dividends received from their taxable income. This is designed to avoid double taxation of the same income[1].
2. Tax Deferral: In some cases, dividends from foreign subsidiaries may be eligible for tax deferral until the profits are repatriated to the parent company[2].
3. No Withholding Tax: Often, dividends paid from a wholly owned subsidiary to its parent company are not subject to withholding tax, especially if both entities are within the same country[1].

Specific Considerations

• U.S. Tax Code: Under U.S. tax law, dividends received by a parent company from its wholly owned subsidiary can generally be excluded from taxable income if certain conditions are met. This is part of the dividends received deduction (DRD) provision[1].
• International Tax Treaties: Many countries have tax treaties that provide favorable tax treatment for intercompany dividends, reducing or eliminating withholding taxes[2].

Example

For instance, if a U.S. parent company receives dividends from its wholly owned U.S. subsidiary, it can typically exclude 100% of those dividends from its taxable income under the DRD provision[1].

[1]: IRS – Dividends Received Deduction [2]: ICAEW – Dividend from a subsidiary

References

[1] Intragroup transfers of U.S. subsidiaries triggering withholdable dividends

[2] E. FOR-PROFIT SUBSIDIARIES OF TAX-EXEMPT ORGANIZATIONS

Proprietary trading, often referred to as “prop trading,” involves financial institutions or commercial banks using their own capital to trade financial instruments like stocks, bonds, commodities, or currencies for direct market gain, rather than earning commissions by trading on behalf of clients[1].

Key Points About Prop Trading:

1. How It Works: Prop trading desks at financial institutions use the firm’s capital and balance sheet to conduct speculative trades. These trades can involve a variety of strategies, including arbitrage, fundamental analysis, and technical analysis[1].
2. Benefits:
   • Higher Profits: Institutions can realize 100% of the gains from their investments, unlike client trading which earns only commissions[1].
   • Inventory Stockpiling: Firms can build an inventory of securities, providing an advantage in illiquid markets[1].
   • Market Making: Prop trading allows institutions to provide liquidity and become influential market makers[1].
3. Risks: While prop trading can be highly profitable, it also involves significant risk due to the speculative nature of the trades[1].

Choosing a Prop Trading Firm:

If you’re considering joining a prop trading firm, it’s important to evaluate factors like funding speed, evaluation processes, profit sharing, and trading rules. Some of the top prop trading firms in 2025 include Apex Trader Funding, MyFundedFutures, and Trade the Pool[2].

Would you like more details on any specific aspect of prop trading or information about a particular firm?

References

[1] Proprietary Trading: What It Is, How It Works, Benefits – Investopedia

[2] 7 Best Prop Trading Firms in 2025 (That Actually Pay) – Benzinga

Trank room

To operate a storage room service in New York, you generally do not need a specific license if you are running a self-storage business. However, if you plan to store consumers’ household goods for a fee (like a traditional storage warehouse), you will need a Storage Warehouse License from the New York City Department of Consumer and Worker Protection (DCWP)[1][2].

Here are the key requirements for obtaining a Storage Warehouse License:

1. Basic License Application: Complete the application form provided by the DCWP.
2. Sales Tax Identification Number: Obtain this from the New York State Department of Taxation and Finance.
3. Rate Schedule: Submit a schedule of all charges for storage and handling on your business letterhead.
4. Surety Bond: Provide a $10,000 surety bond naming the City of New York as the certificate holder.
5. Liability Insurance: Obtain insurance to cover consumer property.
6. Business Certificate: Depending on your business structure, you may need to provide a Business/Assumed Name Certificate, Partnership Certificate, or registration with the New York State Division of Corporations.

For more detailed information, you can visit the NYC Business website[2].

References

[1] DCWP – Storage Warehouse (Premises) License Application Checklist – NYC.gov

[2] Storage Warehouse License | City of New York

Sure! Here are some detailed strategies to help you grow the number of sessions on Amazon:

1. Optimize Product Listings:
   • Keyword Research: Conduct thorough keyword research to identify high-traffic and relevant keywords. Use these keywords in your product titles, descriptions, bullet points, and backend search terms to improve search visibility[1].
   • High-Quality Images: Use high-resolution images that clearly showcase your product from multiple angles. Include lifestyle images to help customers visualize the product in use[1].
   • Compelling Titles and Descriptions: Write clear, concise, and compelling product titles and descriptions that highlight key features and benefits. Use bullet points for easy readability[1].
2. Competitive Pricing:
   • Price Adjustments: Regularly review and adjust your pricing to stay competitive. Consider using dynamic pricing tools to automatically adjust prices based on market conditions[1].
   • Promotions and Discounts: Offer promotions, discounts, and coupons to attract more visitors and encourage purchases[1].
3. Leverage Amazon Advertising:
   • PPC Campaigns: Utilize Amazon’s Pay-Per-Click (PPC) advertising to drive targeted traffic to your listings. Create manual and automatic campaigns, and regularly optimize them based on performance data[1].
   • Sponsored Brands and Display Ads: Use Sponsored Brands and Display Ads to increase brand visibility and drive traffic to your product listings[1].
4. Enhance Product Reviews:
   • Encourage Reviews: Send follow-up emails to customers requesting reviews. Use Amazon’s “Request a Review” button to make it easier for customers to leave feedback[2].
   • Respond to Reviews: Engage with customers by responding to their reviews, both positive and negative. This shows that you value their feedback and can help build trust[2].
5. Utilize A+ Content:
   • Enhanced Brand Content: If eligible, use Amazon’s A+ Content to create enhanced product descriptions with rich media, such as images, videos, and comparison charts. This can improve engagement and conversion rates[3].
6. Cross-Selling and Bundling:
   • Related Products: Promote related products together to increase visibility and drive traffic across multiple listings. Create product bundles to offer more value to customers[1].
7. Monitor and Adjust:
   • Performance Metrics: Regularly review your performance metrics, such as sessions, conversion rates, and sales. Use this data to make informed adjustments to your listings, pricing, and advertising strategies[2].
   • A/B Testing: Conduct A/B testing on different elements of your listings, such as titles, images, and descriptions, to determine what works best in attracting and converting visitors[3].

Implementing these strategies can help you attract more visitors to your product pages and ultimately increase your session count on Amazon. If you have any other questions or need further assistance, feel free to ask!

References

[1] How to Increase Sessions & Page Views On Amazon FBA

[2] Amazon Unit Session Percentage | Boost Amazon Conversions – Source Approach

[3] How to Increase Amazon Conversion Rates: 7 Essential Tips for 2022

How to get much sales

Boosting your sales on Amazon involves a combination of strategic actions. Here are some effective tips to help you increase your sales:

1. Optimize Your Listings: Ensure your product titles, descriptions, and bullet points are clear, informative, and keyword-rich. This helps improve your product’s visibility in search results[1].
2. High-Quality Images: Use high-resolution images that showcase your product from multiple angles. Good images can significantly enhance your product’s appeal[1].
3. Competitive Pricing: Regularly review and adjust your prices to stay competitive. Tools like Amazon’s automated pricing can help you stay ahead[1].
4. Leverage Amazon FBA: Fulfillment by Amazon (FBA) can improve your chances of winning the Buy Box, which is crucial for increasing sales[1].
5. Run Amazon PPC Campaigns: Pay-per-click (PPC) advertising can drive more traffic to your listings. Experiment with different keywords and ad types to find what works best[2].
6. Get More Reviews: Encourage satisfied customers to leave positive reviews. More reviews can boost your product’s credibility and attract more buyers[3].
7. Use Amazon Coupons and Deals: Offering discounts and deals can attract more customers and improve your conversion rates[4].
8. Expand to International Markets: Consider enrolling in programs like NARF (North America Remote Fulfillment) to sell in Canada and Mexico without extra hassle[4].
9. Optimize for Mobile: Ensure your listings are mobile-friendly, as a significant portion of Amazon shoppers use mobile devices[2].
10. Provide Excellent Customer Service: Respond promptly to customer inquiries and resolve issues quickly. Good customer service can lead to positive reviews and repeat business[1].

References

[1] 10 Amazon Selling Tips Proven To Increase Sales In 2025 – Ecommerce CEO

[2] How to boost Amazon listings to drive more sales: 9 tactics

[3] How to Increase Sales on Amazon (8 Simple Strategies + Tools) – Zonbase

[4] 5 Amazon FBA Hacks to INCREASE Sales in 2024!!

Well bought

Amazon’s pricing strategy is dynamic and varies based on several factors, including demand, competition, and time of year. However, some general trends can be observed:

1. Affordable Essentials: Everyday items like beauty and baby products are often priced competitively, with many items under $20[1].
2. Electronics and Gadgets: Popular electronics and gadgets tend to be in the mid-range, often between $50 and $200[1].
3. Fashion and Home Goods: These categories see a wide range of prices, but many items are priced under $50, especially with Amazon’s new “Amazon Haul” feature, which offers a variety of products for $20 or less[1].

Amazon’s dynamic pricing means that prices can fluctuate frequently, so it’s always a good idea to keep an eye on items you’re interested in and take advantage of deals and discounts when they appear.

High price

Here are some examples of high-priced items on Amazon in New York, along with their approximate prices in USD:

1. High-end home appliances:
   • Roomba Robot Vacuum: Around \$800
   • Vitamix Blender: Around \$600
2. Luxury fashion brands:
   • Coach Handbags: \$300 – \$500
   • Michael Kors Accessories: \$200 – \$400
3. High-end jewelry:
   • Tiffany & Co. Jewelry: Prices can range from \$500 to several thousand dollars depending on the piece.
   • Harry Winston Jewelry: Often starts at several thousand dollars and can go much higher.
4. High-performance electronics:
   • Latest Smartphones: \$800 – \$1,200
   • Gaming PCs: \$1,500 – \$3,000

References

[1] Amazon pricing dominates the competition – MyNorthwest

1. Log in to Your Binance Account:
   • Open the Binance app or visit the Binance website.
   • Enter your login credentials to access your account.
2. Get Your USDT Deposit Address from Binance:
   • Go to the “Wallet” section and select “Fiat and Spot.”
   • Search for USDT and click on “Deposit.”
   • Choose the appropriate network (ERC20, TRC20, or BEP20) based on your preference and the network supported by your SafePal wallet.
   • Copy the deposit address provided by Binance.
3. Open Your SafePal Wallet:
   • Launch the SafePal app on your device.
   • Unlock your wallet using your password or biometric authentication.
4. Initiate the Withdrawal from SafePal:
   • In the SafePal app, go to the “Assets” tab and select USDT.
   • Tap on “Send” to initiate a transfer.
   • Paste the Binance deposit address you copied earlier into the recipient address field.
   • Ensure you select the same network (ERC20, TRC20, or BEP20) that you chose on Binance to avoid any issues.
5. Enter the Amount and Confirm the Transaction:
   • Enter the amount of USDT you wish to transfer.
   • Review the transaction details, including the recipient address and the network.
   • Confirm the transaction by tapping “Send” or “Confirm.”
6. Wait for the Transaction to be Processed:
   • The transaction will be broadcasted to the blockchain network.
   • You can track the status of the transaction within the SafePal app under the transaction history section.
7. Check Your Binance Account:
   • Once the transaction is confirmed on the blockchain, the USDT will appear in your Binance account.
   • You can verify the deposit by checking your USDT balance in the “Fiat and Spot” section of your Binance wallet.