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Thursday, July 10, 2025
Open a Restaurant Without Going Broke: Practical Moves That Cut Costs, Not Corners
Starting a restaurant is thrilling—but financially brutal if you go in unprepared. It’s not just the ovens and permits. It’s the small, constant decisions that tip you into debt or keep you above water. Whether you’re plotting a corner taco spot or a sleek new bistro, the same question haunts everyone: how do you open without burning through your life savings? It starts with strategy. You can open lean. You can stay sane. But only if you treat every dollar like it has a job—and every decision like it has
Thursday, December 12, 2024Chicago, IL Businesses: What to Know About 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
