THE HUSTLE, BY ZACHARY CROCKETT – JANUARY 19, 2020 The chicken chain is known for having the lowest entry cost of any major fast-food franchise — but there’s a catch. In America, the majority of fast-food restaurants aren’t owned by the corporation itself, but by franchisees — individuals who pay for the right to use […]
A New Year is upon us. For the first few weeks, the gyms will be packed, the morning joggers come out, and everyone’s clothes will look much more pressed and fit. Every phone conversation starts with “Happy New Year!”, and the energy and excitement of a new beginning carry us through the workday. We are […]
The Hustle recently analyzed various goods in 4 airports (SFO, LAX, JFK, PDX) and found markups as high as 200% above street price. They explained that the higher costs that you pay for goods in an airport can be attributed to a minutiae of operating expenses most customers never think about: – High rent (airports […]
In January, 2019 the City of Santa Barbara hired economic development and real estate advisory firm Kosmot Companies to provide recommendations on how to improve economic vitality downtown. Here are their recommendations from the revitalization plan that cost the City $84,000: Regulatory Tools and Policies – Fundamentally review/revamp zoning and permitting process to be more […]
National Restaurant Association: A competitive business environment. While restaurant operators generally are optimistic about business conditions, they don’t expect a letdown in competitive pressures in 2019. In addition, rising labor costs and a complex legislative and regulatory landscape on federal, state and local levels add pressure on business performance and bottom lines. Staffing is a […]
California LLC tax first year is the amount of tax that a limited liability company (LLC) in California is required to pay in its first year of operation. California imposes an annual tax on almost all LLCs that are registered to conduct business in the state. Understanding First-Year Tax for California LLCs Almost every registered […]
Nick Welsh, Santa Barbara Independent October 11, 2018 A Case Study in Why Councilmembers and the Administrator Don’t Fix the City’s Problems Someone famously dead, white, and male compared the crafting of new laws to the making of sausage; neither, he warned, should be observed by the faint of heart. He also described politics as […]
Ryder Christ & Tracy Lehr, KEYT News Oct 07, 2018 SANTA BARBARA, Calif. – The Santa Barbara City Council will discuss possible options for more local control on alcohol sales within the City on Tuesday, October 9. In California, the sale of alcohol is exclusively regulated by the State Department of Alcohol Beverage Control (ABC) […]
Successor liability is the acquisition of debts and liabilities of the former entity owner to the new entity owner. This is common when an existing or new business purchases the shares or LLC membership interest of a company, or when two companies merge to form one entity, therefore transferring the future debts and liabilities of […]
Your ability to bar hop until 4 a.m. hinges on Gov. Jerry Brown. The California Legislature on Thursday sent Brown a bill to allow bars in seven California cities, including Sacramento, offer a later last call. “It is a really overdue bill,” said Sen. Scott Wiener, a San Francisco Democrat who introduced Senate Bill 905. […]