Jun 9, 2025 | Business Insights
There is a lot of mythology in the nonprofit world around what makes a great board of directors. Does it take prestige names or deep pockets? Some start by using friends or family. None of that matters if your board isn’t actively engaged, aligned on mission, vision,...
Jun 6, 2025 | Business Insights
In recent years, the restaurant industry has undergone a dramatic transformation. Many restaurants, pressured by changing consumer habits, rising costs, and lingering effects of the pandemic, are turning to alternative service models such as ghost kitchens, catering...
Apr 23, 2025 | Business Insights
Business owners invest significant time and resources into building their companies, yet many overlook the importance of a well-structured succession plan. Business succession planning is essential to ensuring the continuity of operations, protecting financial...
Apr 15, 2025 | Business Insights
A recent survey by the Restaurant Association of Metropolitan Washington revealed that 29% of respondents are at least somewhat likely to close their restaurants in 2025. That number rises to 44% for full-service casual establishments. [1] For many DC area restaurant...
Apr 3, 2025 | Business Insights
On March 26, 2025, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published in the Federal Register an interim final rule that proposes to substantially narrow the existing beneficial ownership information (BOI) reporting requirements under...
Mar 28, 2025 | Business Insights
Business owners often seek ways to structure their companies efficiently while protecting assets and limiting liability. One option that has gained attention in recent years is the Series LLC, a unique entity structure that allows for multiple “series” or compartments...
