By Brian Figeroux, Esq. New York City is one of the most vibrant and competitive business environments in the world, offering a wealth of opportunities for entrepreneurs. However, before starting a business in NYC, it’s essential to understand the various legal structures available and the processes involved in establishing your company. The legal structure you […]
U.S Small Business Administration, SBA Press Office | Editorial credit: RossHelen / shutterstock.com More Than a Dozen Private Funds to Invest $2.8 Billion in Over 1,000 Critical Technology Startups and Small Businesses WASHINGTON– Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and Secretary Lloyd J. Austin, head of the U.S. Department Secretary of Defense (DoD) announced 13 […]
By Brian Figeroux, Esq. | Editorial Credit: Yuri A / shutterstock.com Starting an adult care business in New York State is a challenging but potentially rewarding endeavor. From navigating the regulatory environment to selecting a location and staffing your facility, every decision must be made with careful consideration and planning. By following the steps outlined […]
By Brian Figeroux, Esq. | Editorial Credit: Zhanna Hapanovich / shutterstock.com To maintain the protection of limited liability, LLC members must follow certain best practices, including keeping personal and business finances separate, maintaining adequate capitalization, operating ethically and lawfully, and avoiding personal guarantees. The Limited Liability Company (LLC) is one of the most popular business […]
By Pearl Phillip | Editorial credit: AnnaStills / shutterstock.com The beauty and wellness industries have seen a significant rise in entrepreneurship over the past decade, driven by a global shift toward self-care, mental well-being, and the pursuit of holistic health. Entrepreneurs entering these industries are not only responding to consumer demands for innovative products and […]
Editorial Credit: Yuriy K / shutterstock.com New EY macroeconomic analysis, NFIB survey of small business owners illustrate impacts of potential massive tax hike on small businesses ALBANY, NY (Sept. 20, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released two new, impactful reports regarding the federal 20% Small Business Tax Deduction, which is scheduled […]
Editorial Credit: Vitalii Vodolazskyi / shutterstock.com If you’re a small business owner in New York grappling with insurmountable debt, missed payrolls, or unpaid suppliers, you may be considering bankruptcy as a way to manage your financial crisis. Choosing the right type of bankruptcy—Chapter 13 or Chapter 11—can make all the difference in how effectively you […]