Many people in New York City likely thought this was coming. And it did, signaled formally by Mayor Bill de Blasio's signing of legislation earlier this week that puts a one-year freeze on new licenses granted ride-hailing companies across the city. That of course...
Partnerships can be a great way to start or grow a business. You find a great person who seems to have the same goals and visions. They also happen to have a lot of strengths in areas where you are either weak or less interested. It seems like the perfect match. Then...
What fundamentally promotes small business success? Every entrepreneur and fledgling company owner in New York and elsewhere obviously covets an answer to that question. It is quite literally a million-dollar query, with pundits across the country providing widely...
A partnership can be a great way to start a business. Working with someone you know and trust on something you both have a vision for can be incredibly rewarding. Especially when those profits start coming in. What about when the business doesn't take off and there...
The term “immediate” is of course relative. Apparently, it means something quite different to the American Institute of CPAs and the federal Internal Revenue Service, respectively. The AICPA urgently sought immediate guidance from the IRS back in February...
American businesses have long depended on asset-based lending to grow their companies or help them restructure and reemerge as rejuvenated commercial participants. Indeed, asset-based lending (often termed asset-based financing, as well) can offer many distinct...
Many businesses in New York and nationally embark down the road of fundamental company restructuring as a strategy to combat seemingly insuperable debt and related financial challenges. The motive that drives business principals toward restructuring is not always...
One might reasonably think that a number of factors might cumulatively influence growing numbers of young people to steer clear of business-linked dreams and opportunities to start and grow their own companies. Indeed, some challenges do seem pronounced and clear....
According to Bloomberg and other national news sources focused on major business stories, supply and demand is telling an instructive tell when it comes to New York City’s Downtown commercial office space. The reported bottom line: Big-time landlords dependent on...
The recently passed federal Tax Cuts and Jobs Act is marked by sheer breadth and attendant complexities. Given that reality, it was widely anticipated in America's business community that fully understanding the law and applying it for maximum benefit would take some...
