Why it only costs $10k to ‘own’ a Chick-fil-A franchise

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...

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Why is Airport Food So Expensive?

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...

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The Results are in: How to Restore Economic Vitality in Santa Barbara

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 –...

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California LLC Tax First Year: Everything You Need to Know

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...

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Santa Barbara City Council explores more local control on alcohol-sales

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...

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Successor Liability

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...

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