By Brian Figeroux, Esq. The Law Firm of Figeroux & Associates Website: www.askthelawyer.us The dream of building a successful business often intertwines with the hope of creating a legacy, a venture that not only provides financial security but also involves and benefits the family. However, for many entrepreneurs, this idyllic vision can sour when faced […]
By Brian Figeroux, Esq. The Law Firm of Figeroux & Associates Website: www.askthelawyer.us Owning a business is often romanticized as the path to financial freedom and generational wealth. But for many entrepreneurs, the reality is far more complicated—especially when family members or a spouse benefit financially from the business while offering little or no support […]
By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]
Editorial credit: Artem Stepanov / Shutterstock.com Expanding a business through franchising is a great way to grow a successful brand while minimizing financial risk. Franchising allows you to replicate your business model and generate revenue from franchise fees and royalties while empowering independent entrepreneurs to operate under your brand name. However, franchising a business in […]
New York City is a vibrant hub for fashion, beauty, and culture, making it an ideal place to open a beauty and hair salon that caters to women of color. Black and brown women have unique hair care needs, and the demand for salons specializing in natural hair, protective styles, relaxers, and specialized treatments continues […]
Tax preparation is an essential service, especially in a high-income, high-tax environment like New York City. Many individuals and small business owners prefer personalized tax preparation services to help them navigate complex tax laws and maximize their returns. If you have an interest in finance and tax law, starting a tax preparation business in NYC […]
With the increasing demand for healthy, organic, and sustainable products, starting a health food and organic products business in New York City is a great opportunity. Consumers are becoming more conscious of their dietary choices, preferring organic, non-GMO, plant-based, and chemical-free options. If you are passionate about health and wellness, opening a business that caters […]
New York City is home to a large Caribbean population that craves the authentic taste of traditional bread and baked goods from their home countries. A Caribbean bakery business catering to this market can be highly profitable if done correctly. From Jamaican hard dough bread to Trinidadian hops bread, Haitian pain patate (sweet potato bread), […]
Editorial credit: Ameer Mussard-Afcari / Shutterstock.com New York City is home to a large Caribbean population, making it an excellent place to start a restaurant that serves authentic Caribbean cuisine. With the right planning, legal setup, and marketing strategy, your business can attract customers looking for a taste of the islands. Whether it’s Jamaican jerk […]
Starting a shipping business in New York City that specializes in sending barrels to the Caribbean, Africa, and Latin America can be a lucrative venture. With a high demand for barrel shipping from immigrant communities, this type of business provides an essential service for people sending goods to their families abroad. However, launching and operating […]