Smart Strategies to Keep Costs Low When Starting Your Restaurant
Starting a restaurant is one of the most thrilling business ventures, but it’s also one of the most expensive. As any restaurateur knows, managing costs early on can make the difference between surviving and thriving. Smart, actionable strategies can help you keep costs low without compromising on quality, giving your restaurant the best chance to succeed.Choose the Right Business Structure When launching your restaurant, the business structure you choose is a key decision that can affect both your
Pikeville, KY Businesses: Deciphering the CTA, BOI and FinCEN Changes
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
