The Franchise Owner's most trusted news source

Log In / Register | Mar 28, 2017

Hotel Equities Selected By Quyp Hospitality To Operate Two New Marriott Hotels In Phoenix

Hotel Interactive - Fri, 2017-03-24 07:55
ATLANTA—Hotel Equities recently announced its selection as the management firm for the 130-room new build SpringHill Suites by Marriott in Avondale ...

CBRE Hotels Arranges Sale Of The Residence Inn And Courtyard Fort Collins, CO

Hotel Interactive - Fri, 2017-03-24 07:47
LOS ANGELES, CA—CBRE Hotels announced that it has arranged the sale of a 113-room Residence Inn and 112-room Courtyard located at ...

How and Why Your Business Should Recycle Computers

Small Business Trends - Fri, 2017-03-24 07:30

If your small business has any old computers lying around, you might be at a loss about how to dispose of them properly. Recycling tech isn’t always as easy as recycling things like paper and aluminum. But it’s just as important.

Computers, including desktops, monitors, laptops and other components, contain materials that can be extremely harmful to the environment. And there are plenty of potential benefits for businesses that choose to recycle. Here’s more on how and why your small business should recycle its computers.

Savings on New Purchases

There are a few different ways you can recycle computers. But one of the most attractive options for businesses is to trade in old devices with the manufacturer or a retail store when purchasing new ones.

In this case, you can potentially even save some money on your new computer purchases if the old computers are in decent shape. For example, Staples allows you to trade in old tech devices in stores or even send them in by mail. Apple, Dell, Best Buy and more also have similar programs.

The price you get back depends on the condition and type of each device. But in most cases, getting some money back is better than nothing, especially for businesses making expensive new tech purchases.

Access to Refurbished Goods

There are so many tech innovations and improvements making their way into computers on a regular basis. But a lot of the main components used in building those computers remain roughly the same.

So when you recycle computers, you provide raw materials that manufacturers can then use to make refurbished models or even new devices that just use some of those rough materials or recycled components. This can lead to some more affordable options on the market.

Reduced Harmful Waste

When you dispose of computers instead of recycling them, it can do a lot of harm to the environment. Electronic waste is generally dumped into landfills or incinerated. And since computers contain heavy metals like lead and carcinogens, those materials can be extremely detrimental to the air, land, waterways and the environment as a whole.

How to Recycle Computers

Aside from taking your computers to a retail trade-in program or sending them into a manufacturer, you have a few options for recycling computers. You can check with your local recycling center to make sure they accept devices like computers. You can also contact other local computer shops or refurbishing centers to see if they accept devices, even if you don’t plan on making new purchases.

Whichever route you decide to take, your computers can do a lot of good when you choose to recycle them. And the materials in them can do a lot of harm to the environment if you just throw them away. So taking the time to trade in or recycle your old computers and other tech devices can be a win-win for your business and the planet.

Old Laptops Photo via Shutterstock

This article, "How and Why Your Business Should Recycle Computers" was first published on Small Business Trends

America's favorite fast food restaurants: Alabama missing out on best burger

Topix - Fri, 2017-03-24 07:16

What is your favorite fast food restaurant? That's the question Marketforce was seeking to answer through its new large-scale consumer study on America's favorite fast food restaurants. The survey divided chains into five popular food categories: burgers, Mexican, pizza, chicken and sandwiches.

Categories: Today's Food News

Trumpcare yanked before vote, Affordable Care Act remains ... for now - Fri, 2017-03-24 07:14
Trumpcare was pulled from consideration in a vote by Congress this afternoon, despite an ultimatum from the president last night to vote on the measure. For now, the Affordable Care Act, remains with plenty of questions about what's next on this front being asked by restaurant leaders and employees.

What the Presentation Lacked in Substance It Made Up for in Rhythm

Small Business Trends - Fri, 2017-03-24 06:30

Listen, cartooning is a great job. You get to write jokes and draw funny pictures for a living. If you’re a smarty pants who likes to doodle, it really doesn’t get better. But sometimes you draw something special. Something that makes even you LOL. And this cartoon is one of those. It’s not so much the joke (this is kind of a basic wording gag), and most of the drawing is relatively standard, but the guy on the right wiggling vigorously gets me every time. That right arm up in the air, the one eye closed, the hips in motion … It makes me giggle to myself every time. OK, maybe it’s a little like tooting my own horn, but I love this one.

This article, "What the Presentation Lacked in Substance It Made Up for in Rhythm" was first published on Small Business Trends

Have you taught your managers to track prime costs? - Fri, 2017-03-24 06:00
There are certain metrics and habits, especially in the independent segment, that managers need to be mindful of on a regular basis

HuHot founder: 'Delegate well and train others' - Fri, 2017-03-24 06:00
Linda Vap, president and founder of HuHot Mongolian Grill, was a scientist before she got into the restaurant business.

VW's Seat plans to expand in N. Africa, Latin America

AutoNews - Fri, 2017-03-24 05:01
Spanish automaker Seat will lead VW Group's expansion in North Africa as part of internationalization plans that may also include building cars in Mexico.
Categories: Latest News

To Be or Not to Be: Pros and Cons of the Small Business LLC

Small Business Trends - Fri, 2017-03-24 05:00

The limited liability company was first offered as an option for structuring businesses 40 years ago in Wyoming. By the late 1990s, all states had laws authorizing the organizing of businesses under the hybrid structure. Today, LLCs are growing faster than any other business type, according to the IRS.

What is an LLC?

An LLC is a business structure that combines the simplicity, flexibility and tax advantages of a partnership with the liability protection of a corporation. An LLC can have one or many “members,” the official term for its owners. Members can be individuals or other businesses, and there is no limit to the number of members an LLC can have.

About 2.4 million U.S. businesses identified as LLCs in 2014, according to the latest figures available from the IRS. Take a look at these advantages and disadvantages to help you decide whether an LLC is the right structure for your business.

Small Business LLC Pros and Cons LLC: The Pros

Choosing to structure your business as an LLC offers a number of advantages:

Limited Liability

Members aren’t personally liable for actions of the company. This means that the members’ personal assets — homes, cars, bank accounts, investments — are protected from creditors seeking to collect from the business. This protection remains in place so long as you run your business on the up-and-up and keep business and personal financials separate.

Pass-Through Federal Taxation On Profits

Unless it opts otherwise, an LLC is a pass-through entity, meaning its profits go directly to its members without being taxed by the government on the company level. Instead, they’re taxed on members’ federal income tax returns. This makes filing taxes easier than if your business were taxed on the corporate level. And if your business loses money, you and other members can shoulder the hit on your returns and lower your tax burdens.

Management Flexibility

An LLC can opt to be managed by its members, which allows all owners to share in the business’s day-to-day decision-making, or by managers, who can be either members or outsiders. This is helpful if members aren’t experienced in running a business and want to hire people who are. In many states, an LLC is member-managed by default unless explicitly stated otherwise in filings with the secretary of state or the equivalent agency.

Easy Startup and Upkeep

Initial paperwork and fees for an LLC are relatively light, though there is wide variation in what states charge in fees and taxes. For example, Arizona’s filing fee for articles of organization is $50, while the fee in Illinois is $500. These variations aside, the process is simple enough for owners to handle without special expertise, though it’s a good idea to consult a lawyer or an accountant for help. Ongoing requirements usually come on an annual basis.

LLC: The cons

Before registering your business as an LLC, consider these possible drawbacks:

Limited Liability has Limits

In a court proceeding, a judge can rule that your LLC structure doesn’t protect your personal assets. The action is called “piercing the corporate veil,” and you can be at risk for it if, for example, you don’t clearly separate business transactions from personal, or if you’ve been shown to have run the business fraudulently in ways that resulted in losses for others.

Self-Employment Tax

By default, the IRS considers LLCs the same as partnerships for tax purposes, unless members opt to be taxed as a corporation. If your LLC is taxed as a partnership, the government considers members who work for the business to be self-employed. This means those members are personally responsible for paying Social Security and Medicare taxes, which are collectively known as self-employment tax and based on the business’s total net earnings.

On the other hand, if your LLC files forms with the IRS to be taxed as an S corporation, you and other owners who work for the company pay Social Security and Medicare taxes only on actual compensation, not the whole of the company’s pretax profits.

Consequence of Member Turnover

In many states, if a member leaves the company, goes bankrupt or dies, the LLC must be dissolved and the remaining members are responsible for all remaining legal and financial obligations necessary to terminate the business. These members can still do business, of course; they’ll just have to start a whole new LLC from scratch.

How to Start Your LLC
  • Choose a name: Register a unique name in the state where you plan to do business. To make sure someone else doesn’t have your business name, do a thorough search of online directories, county clerks’ offices and the secretary of state’s website in your state — and any others in which you plan to do business. For a fee, many states let applicants reserve an LLC name for a set period of time before filing articles of organization.
  • Choose a registered agent: The registered agent is the person you designate to receive all official correspondence for the LLC. It’s crucial that you nail down who this person will be before filing articles of organization, because states generally require you to list a registered agent’s name and address on the form. Though people within the company are usually allowed to serve in this role, states maintain lists of third-party companies that perform registered-agent services.
  • File articles of organization: This is the step that essentially brings your LLC into existence. States request basic pieces of information about your business, which, if you’ve thought through your business plan and structure, should not be hard to provide. You’ll be asked to supply details like name, principal place of business and management type.
  • Get an employer identification number: The IRS requires any business that has employees or operates as a corporation or partnership to have an EIN, a nine-digit number assigned to businesses for tax purposes. The rule applies to LLCs because, as creations of state laws, they’re classified for federal tax purposes as either a corporation or a partnership.
  • Draw up an operating agreement: Your operating agreement should include specific information about your management structure, including an ownership breakdown, member voting rights, powers and duties of members and managers, and how profits and losses are distributed. Depending on the state, you can have either a written or oral agreement. Many states don’t require one, but they’re a useful thing to have.
  • Establish a business checking account: It’s generally good housekeeping to keep business and personal affairs separate. Having a separate checking account draws a bright line between the two. This is critical if you want to mitigate any potential risk to your personal assets if a lawsuit calls into question your business practices.

LLC Photo via Shutterstock

This article, "To Be or Not to Be: Pros and Cons of the Small Business LLC" was first published on Small Business Trends

Denny’s Selects Publicis Groupe’s Conill as New Hispanic Advertising...

PR Web - Fri, 2017-03-24 03:30

Agency will handle strategy, creative development, social media and digital communications targeting Hispanic audiences at both the local and national level.

(PRWeb March 17, 2017)

Read the full story at

SkySwitch Makes Amazon Alexa Skill Available to White Label UCaaS...

PR Web - Fri, 2017-03-24 03:30

Resellers Can Now Offer Voice Enabled Dialing to End Users with the Amazon Echo

(PRWeb March 16, 2017)

Read the full story at

Lennys Grill & Subs Celebrates National Cheesesteak Day with...

PR Web - Fri, 2017-03-24 03:30

Premium Sandwich Franchise Provides More Than 2,500 Free Sandwiches for Loyal Guests

(PRWeb March 16, 2017)

Read the full story at

Dallas Family Recognized with National Award for Giving Back

PR Web - Fri, 2017-03-24 03:30

Caring Transitions presented the inaugural Jeff Rea Caring for a Cause Award to the owners of Caring Transitions of North Dallas Suburbs, Donna Rea and Nicole Rea.

(PRWeb March 16, 2017)

Read the full story at

Carolyn Doerr Recognized with National Caring Transitions Award

PR Web - Fri, 2017-03-24 03:30

Carolyn Doerr, the owner of Caring Transitions of Mechanicsburg, has been recognized with a Caring Transitions Shooting Star Award.

(PRWeb March 16, 2017)

Read the full story at

After 45 Years of Ownership, Sandhills Harley-Davidson Dealership in...

PR Web - Fri, 2017-03-24 03:30

Harley-Davidson and new car dealership broker, George C. Chaconas of Performance Brokerage Services announces the sale of Sandhills Harley-Davidson in Pinehurst, North Carolina from Jimmy Melton and...

(PRWeb March 16, 2017)

Read the full story at

Eatsa is being sued for not making its automated self-serve kiosks accessible to blind customers

Topix - Fri, 2017-03-24 03:05

Eatsa, a fast-food chain startup known for its nearly human-free, automated self-service technology, is being sued by disability rights advocates for not including accessibility features for the blind in its customer interfaces. The federal class action lawsuit, which was filed in New York today with the American Council of the Blind as a leading plaintiff, alleges that the tech-centered restaurant chain's inaccessible kiosk and automated serving technology is a violation of civil rights law.

Categories: Today's Food News

New mild hybrid tech will shake up green car sales

AutoNews - Fri, 2017-03-24 01:01
Mild hybrid cars with cheaper and less complex technology than plug-in and full hybrids will reduce Europe's diesel dependency, according to automakers such as VW and Renault.
Categories: Latest News

SUV sales rise to 25% of European market

AutoNews - Fri, 2017-03-24 01:01
SUVs and crossovers accounted for a quarter of all European passenger vehicle sales last year as models such as the Renault Captur and Nissan Qashqai continue to lure buyers from minivans, wagons and hatchbacks.
Categories: Latest News

McDonald's unveils self-order kiosks, table service in Las Vegas

Topix - Thu, 2017-03-23 22:59

A digital self-order kiosk is shown during a grand reopening at McDonald's, 6480 S. Durango Drive, on Wednesday, March 22, 2017. Customers walking to the checkout area of a southwest valley McDonald's can see that the technological future of fast-food ordering and customer service has arrived to Las Vegas in the form of two bright touchscreen kiosks.

Categories: Today's Food News