The Break Even Burger - a Lesson in Financial Management
The burger is making a comeback in Brooklyn! In the past year alone nearly half a dozen burger joints have opened in the borough,
Restaurateurs: Get the Help to Help More
Restaurant owners are notorious for doing everything themselves – because they have to and because their way is what distinguishes them from every other restaurant.
But being the chef, CEO, bookkeeper and bottle-washer can be exhausting!
The best way to ensure the success of a restaurant is to slowly train reliable staff to take on more and more responsibilities. The table below shows how you can use training to create new roles for your star staff:
3 Tips for Business Growth
For all of you entrepreneurs out there who are swamped with the day-to-day operations of your business – and we know that is almost all of you – we are passing on 3 big lessons from Strategic Steps for Growth, a nine-month executive business management education designed for minority and women-owned businesses offered in partnership between NYC Business Solutions and the NYU Stern School of Business’ Berkley Center for Entrepreneurship & Innovation.
1) Always look for the bigger picture. It’s very easy to get caught up in the details
Increase Your Startup’s Chance of Survival
Most startup businesses will not survive their first five years. The main killer is the
Mayor Bloomberg Wants Small Businesses to Step Forward - from Inc.com
NYC is rolling out a new resource to help you – and other retail entrepreneurs – get to your next store opening faster and easier.
Consider this column a new pair of scissors to help you cut red tape
Business owners often cite complying with government oversight as a difficult and “fraught with peril” process. Multiple mistakes, overlooked obligations, scheduling snafus, and red tape wrangling can all contribute to the time and expense of obtaining the required licenses, permits, certifications, and inspections.
New York City government knows
There’s been a lot of flutter about social media over the last few years. Whether you were running quickly, or watching your competitors make a dash for the web, it’s felt like a virtual gold rush to stake a claim for your business on the cybersphere.
Now that the dust has settled a bit, what can you do to rise above the fray and market smartly?
Plan to Grow Your Small Business
The question below was answered as part of our “Ask an Expert” series. If you have a question about your business, ask us.
Question: I’ve been in business for five years now and I am considering expanding my product line. I know I will need approximately $100k to do it. Should I go for it? - Chugging Along in Brooklyn
Answer: Far too often business owners speak to me about what they need to make their business go to the next level without
Crowdfunding – a new shot at financing your business
When an entrepreneur enters a NYC Business Solutions Center with bags under their eyes and a business plan, I can bet that what they are looking for: FINANCING.
Good news: there has been a shot of innovation in the arm of business financing.