Customized, Informed And Trusted Business Counsel
It’s no secret that recently, prices for commercial rents plummeted in New York. With so many businesses that went belly up, the excess inventory is quite large, especially regarding restaurant spaces. On the other hand, the economic rebound is now in full progress. To sum up, this will be the best time in several years to launch a new restaurant…
The European Union’s General Data Protection Regulation (GDPR), which was approved by the European Parliament in 2016 and became enforceable in 2018, is arguably the most comprehensive and far-reaching digital privacy law across various jurisdictions. Several US-based businesses are required to comply with the GDPR because any US organization that provides services or products to, or monitor the behaviors of,…
The Food and Drug Administration (FDA) maintains and regularly updates a complex set of guidelines to ensure that food and other products sold for ingestion or external use on the human body are safe for human consumption. Compliance with the FDA guidelines also helps to ensure that people with allergies or dietary restrictions can easily identify and avoid products which,…
In the course of a FaceTime call during this pandemic, your grandparents might have mused aloud as to why someone would choose to watch someone else play video games. They have clearly never seen how many thousands of followers subscribe to the YouTube channels of Internet-famous personalities who make video game walkthroughs and otherwise earn a living by playing video…
In the gigantic $1.9 trillion American Rescue Plan Act signed by President Biden last week, $28.6 Billion have been allocated to the Restaurant Revitalization Fund (RRF), a tax-free grant program that will be administered by the Small Business Administration (SBA) to save the hospitality industry. Eligible restaurants and other food service and drinking establishments will not be required to pay…
It is an understatement to say that the past year has been rough for New York City’s restaurant industry. Tourists used to spend years saving up so that they could have some of New York’s famous dining experiences, a corned beef sandwich at a deli, a peerless plate of pasta, shawarma from Mamoun’s, an elegant dinner after the theater. Then…
For the past year, the COVID-19 pandemic has wreaked havoc on the finances of most Americans. Small business owners have been forced to make one tough decision after another about what to do next to keep their businesses afloat or whether to cut their losses and making these decisions is doubly stressful because every decision affects not only the business…
New York City was one of the first places in the United States to see community spread of the novel coronavirus, and it instituted one of the earliest and most comprehensive lockdowns to contain the spread of the virus. This also means that its residents were among the first to suffer the financial hardships and economic uncertainty brought on by…
The COVID-19 Pandemic has greatly impacted all businesses worldwide, including the wine industry. The U.S. is the largest wine-consuming country in the world, but its consumers’ habits are quickly changing. Aside from preferences’ considerations (such as experiencing...
The Paycheck Protection Program (PPP) was established in March 2020 by the U.S. Congress and Government to help small businesses weather the economic fallout caused by the Covid-19 pandemic. After the first two rounds of funding were exhausted in spring ($349 billion) and summer ($320 billion), a new version of PPP has been approved before the end of the year…