Author Archives: Jay Butchko
Increase in Real Estate Developments in Orlando
With inflation climbing, people are relocating in search of cheaper locations that meet their needs. No income tax? Nice weather? Many people are flocking to Florida for reasons, and it’s not just retirees. People of all ages, including millennials, are moving to one city in particular: Orlando. Between July 2021 and July 2022, close… Read More »
Using AI for Your Business Startup
Artificial intelligence (AI) has become a trend in the past few years. This technology enables computers and digital devices to learn, read, write, and create things. If you have a general idea of how to use AI, you can use it to enhance your business. Many entrepreneurs are using AI to build and grow… Read More »
Why Construction Contracts Are Essential
Anytime you plan to do business with someone, you should have one thing in place: a solid contract. Contracts may seem like mindless busywork for some people, but these pieces of paper are legal documents that can help you when things go wrong. Contracts are especially useful in the construction industry, where multiple parties… Read More »
Home Depot Purchases SRS Distribution for $18 Billion
Home Depot is a home improvement retailer that caters to the DIYers, but the company wants to focus on construction professionals. In a bid to do so, the retailer recently announced that it is buying roofing distributor SRS Distribution Inc. for a whopping $18.25 billion. The retailer’s goal is to attract more business from… Read More »
Multi-Unit Franchising on the Rise
In the past, franchises may have owned one or two franchises of a popular business. Nowadays, companies are owning dozens, hundreds, and even thousands of businesses. There are currently more than 420,000 franchised units owned by 234,000 franchisees. This means multi-unit operators are shaping the future of franchising, controlling more than 50% of all… Read More »
Business is Booming in the U.S.
It’s been four years already since COVID took over the United States and pretty much the world. The economy went through some tough times as businesses shut down and Americans were forced to social distance. In 2024, things are looking up. Failing businesses were the norm for the past few years, but that trend… Read More »
How to Build Credit as a Sole Proprietorship
A sole proprietorship is the easiest and fastest way to start and run a small business in the United States. It’s also the most common type of business formation, with a large majority of businesses run this way. However, getting money is not easy, and small businesses need a lot of money. Business owners… Read More »
COVID Brought New Businesses, Challenges to Florida
The COVID pandemic caused a lot of damage to the economy in the United States, but that didn’t dampen the spirits of entrepreneurs in Florida. Between January 2021 and January 2022, Florida led the country in new businesses, accounting for nearly 12% of them. More than two years later, not many of them are… Read More »
Why Growing an E-Commerce Business is So Hard
If you want to be your own boss, like many Americans, then you probably want a sole proprietorship. If you don’t have a business partner, then this is the easiest business structure to maintain. Many sole proprietorships get into the e-commerce business. While it’s important for a small business to have its own website… Read More »
What 2024 Will Bring for Commercial Real Estate in Florida?
Since COVID hit the United States, demand for commercial real estate has gone down tremendously. One exception is Florida. Florida has been a bright spot for the real estate market in general. The Sunshine State attracts many people due to its beautiful beaches and no income tax. Hundreds of thousands of people move there… Read More »