Author Archives: Jay Butchko
What is a Rollover for Business Startups?
Starting a business can be risky right now. Many businesses have declared bankruptcy after having to shut down for months due to the COVID-19 pandemic. In fact, many banks aren’t even lending right now due to the poor economy. This means that if you have a good business idea but lack the money to… Read More »
Liquor License Renewal Extended in Florida
In the past, Florida bars and other businesses that sell alcohol had to renew their liquor licenses in September. At a cost of around $1,800, this is an expense that business owners expect every year. However, the events of this year may make it difficult for many business owners to pay this bill. Bars… Read More »
Why Franchising Might Be a Good Option for Older Americans
Decades ago, a lot of people would have retired at 60 years old. Not many would have continued working or even considered a career change. But 2020 is different. Many of us have struggled financially this year and need to keep working for longer to make ends meet. Another thing to consider is that… Read More »
Non-Compete Agreements in the Age of COVID-19
Many companies use non-compete agreements to keep employees from working for competitors and sharing trade secrets. Non-competes are used in a variety of industries, from technology to finance to health care to media. Even beauty salons and fast food restaurants use them for their employees. Employees don’t typically like these agreements because they are… Read More »
How Business Startups Can Sustain Growth
It’s a rough time for entrepreneurs to be starting businesses. COVID-19 has forced quarantines and business shutdowns. Millions have been laid off, so these people are trying to spend as little money as possible. More than 70% of businesses fail within the first several years. This can be a frightening statistic for business owners…. Read More »
New Trend: Multi-Unit Franchising
Many people are interested in owning franchises because it can be easier than starting a brand new business. With a franchise, you get an established business with a solid customer base and marketing plans in place. You don’t have to worry about whether or not a business will be successful because chances are, it… Read More »
Dealing With Common Online Business Issues
Many brick and mortar companies are having to close for good due to COVID-19. They are unable to make their monthly rent and utility payments due to a lack of revenue they have faced since they were forced to shut down. Physical businesses require a lot of money because there are so many expenses… Read More »
Solving Succession Problems for Women Entrepreneurs
The business world used to be ruled by men. Now, business owners are often women. Between 2018 and 2019, on average, 1,800 women started businesses in the United States every day. While this is great news, many women fail to plan for the future. Women are more likely than men to leave their business… Read More »
How to Protect Your Personal Assets as an Entrepreneur
The decision to become a small business owner is not one you should take lightly. While you may be sick of working 9-5 for your boss, running your own business is much more difficult. Instead of working 9-5, you’ll likely be working closer to 5 a.m. to 9 p.m, seven days a week. Plus,… Read More »
Why Non-Compete Agreements Should Be Eliminated
The coronavirus pandemic has left tens of millions of Americans out of work. To try to get people back into the workforce, it’s imperative that we do things that promote fairness and equality in the workplace. This is especially true as the country deals with racism and other social issues. One way to do… Read More »