Author Archives: Jay Butchko
Affordable Franchises For Older Entrepreneurs
For those who want their own business but need a lot of support, a franchise is a great option. Franchises allow you to be your own boss but without all the stress of coming up with a product or service. When you think of franchises, you may think of fast food restaurants such as… Read More »
How Commercial Real Estate Will Be Affected In The Future
The COVID-19 pandemic has affected virtually every part of the economy since it made its way to the United States 18 months ago. While residential real estate has seen explosive activity this year, commercial real estate has been a little slow to take off. With more and more Americans getting vaccinated, some businesses are… Read More »
Separating Personal And Business Expenses As A Sole Proprietor
When people start new businesses and have no employees, they often choose a sole proprietorship as their business type. Being a sole proprietor has its benefits. This business entity is easy to set up. Plus, it’s not very expensive to get up and running quickly. You also have complete control over all your business… Read More »
Why You Should Consider Multi-Factor Authentication For Business Transactions
Scammers will try to take advantage of people through various means and one of the easiest ways to do so is online. Hackers have ways to steal addresses, credit card numbers, Social Security numbers and other personal information that customers input online while filling out forms and making purchases. If you have a business… Read More »
Electric Vehicles Could Lead To Commercial Real Estate Opportunities
Electric vehicles have become all the rage in recent years. Tesla, Nissan, Chevrolet and other auto manufacturers are creating cars that are solely battery-powered — no gas required. However, these vehicles require frequent charging, which creates a minor inconvenience, especially since charging stations are not as common as gas stations. That could change soon,… Read More »
How To Turn Your Business Into A Franchise
Many fast food businesses have good business models that make them ideal for franchising. But the truth is that if your business has a proven system for making money, it can be franchised. Does yours pass the test? Besides a good business model, a business should have a strong brand that’s recognizable by many…. Read More »
President Biden To Restrict Non-Compete Agreements
Non-compete agreements have been a source of contention for many workers. Once limited to tech workers, employers in a variety of industries are using these legal documents to restrict employees from leaving the company and working for competitors. While higher-paid workers are more likely to have a non-compete agreement, low-wage workers are not immune…. Read More »
COVID Causes Boom In Business Startups
Would you feel comfortable starting a new business during a pandemic? Apparently hundreds of thousands of people were. Just in June 2021 alone, more than 440,000 businesses were formed. The period of March 2020 to June 2021 was a record high for business startups. That may be surprising to you, as that was also… Read More »
How To Pay Yourself As A Sole Proprietor
Starting a sole proprietorship is pretty easy. There’s very little paperwork required; just get the licenses and permits you need. You also need a business bank account. Other than that, owning a business as a sole proprietor is pretty easy—until you realize you need to pay yourself. How much do you pay yourself and… Read More »
How To Review A Business Contract
As a business owner, you have a lot to do. When it comes to business contracts, you probably don’t have time to read every word. But you should. When you don’t read the fine print, you subject yourself to post-contract issues. Don’t expect the other party to look out for you. Take the time… Read More »