
Which Licenses A New York Business Actually Needs
Licensing is by activity, not by business type, which is why owners miss requirements.

Licensing is by activity, not by business type, which is why owners miss requirements.

Cost-plus pricing guarantees you cover costs and guarantees nothing else.

The obligations that arrive with the first hire are larger than most owners anticipate.

Market size is the least useful number in the analysis.

Strategy is mostly subtraction, and subtraction is organizationally unpopular.

Not a feature grid. A decision about where you will be different.

One is expensive and permanent. The other is cheaper and unforgiving.

Not the vision. The assumptions, and whether the downside case still services the debt.

Money that need not be repaid, in exchange for obligations that continue for years.

A long, legally required document containing the answers to the questions that decide the investment.

You are buying a system and a brand, and paying for both out of revenue rather than profit.

Buying a franchise means buying constraints. Knowing which ones bind is the point of diligence.