ResidentialBusiness

Don’t discuss fees as soon as a potential client calls. By Sandi Leyva The Accountant’s Accelerator Go PRO for members-only access to more Sandi Smith Leyva. View the full article

Don’t discuss fees as soon as a potential client calls. By Sandi Leyva The Accountant’s Accelerator Go PRO for members-only access to more Sandi Smith Leyva. View the full article

Being stingy could cost their loyalty. By Jody Grunden Building the Virtual CFO Firm in the Cloud Go PRO for members-only access to more Jody Grunden. View the full article

Being stingy could cost their loyalty. By Jody Grunden Building the Virtual CFO Firm in the Cloud Go PRO for members-only access to more Jody Grunden. View the full article

Every year, American taxpayers are eligible to put a certain amount of money into their retirement accounts, including 401(k)’s and IRAs. But each year, the upper allowable threshold for these accounts tends to rise. This is done in order for the limits to keep up with the rate of inflation. And now, the Internal Revenue Service (IRS) has announced its new limits for 2026. Here’s what you need to know. What is the IRS 2026 401(k) limit? According to a notice published by the IRS on November 13, the limit on individual contributions to various retirement accounts in 2026 is rising. If you have a 401(k), 403(b), governmental 457 plan, or the federal government’s Thrift Savings Plan, you’ll now be able to contribute up to $24,500 for the 2026 year. This represents an increase of $1,000 from the $23,500 limit in place for the 2025 year. But the IRS has also announced new “catch-up” contribution limits for 401(k), 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan for 2026. The agency says that if you are 50 or older, your catch-up contribution limit will increase by $500 in 2026 to a total of $8,000. “Therefore, participants in most 401(k), 403(b), governmental 457 plans and the federal government’s Thrift Savings Plan who are 50 and older generally can contribute up to $32,500 each year, starting in 2026,” the agency noted. Catch-up contribution limits for employees aged 60 to 63 will remain at $11,250, the same level they were in 2025. What is the IRS 2026 IRA limit? If you have an individual retirement account (IRA), the IRS has announced that the limit for that type of account is rising in 2026, too. In 2026, the new IRA contribution limit will be $7,500. That’s a rise of $500 over the 2025 limit. Additionally, the IRA catch‑up contribution limit for those aged 50 or over is also rising in 2026. In 2025, that limit was $1,000. But in 2026, that limit is rising by $100 to $1,100. In addition to the 401(k) and IRA contribution limits for 2026, the IRS announced additional changes for Roth IRAs, the Saver’s Credit, and SIMPLE retirement accounts for 2026. You can find details of all the changes in the IRS’s notice here. View the full article

When you start crafting, having the right tools can considerably improve your results. Crucial items include versatile scissors for general use, precision craft knives for intricate designs, and rotary cutters for fabric. Furthermore, quality adhesives like Mod Podge and E6000 guarantee strong bonds. Investing in self-healing cutting mats protects your surfaces during providing accuracy. To create lively projects, you’ll need quality paint supplies, along with organization tools and cleaning supplies to maintain a tidy workspace. Let’s explore each category in detail. Key Takeaways Quality cutting tools like scissors, craft knives, and rotary cutters are essential for precise and efficient crafting tasks. A variety of versatile adhesives, including hot glue and Mod Podge, are crucial for bonding different materials in projects. Self-healing cutting mats and durable craft mats protect surfaces and assist with accurate measuring and cutting. High-quality paint supplies, such as acrylic and chalk paints, provide vibrant colors and finishes for creative projects. Essential cleaning supplies like wet wipes and paintbrush cleaner simplify clean-up and maintain a tidy workspace. Essential Cutting Tools When initiating any crafting project, having the right cutting tools at your disposal is vital for achieving precise results. Vital cutting tools include scissors, craft knives, rotary cutters, and paper trimmers, each customized for specific tasks. Craft knives provide the accuracy needed for delicate materials like paper or thin plastic, making them indispensable for intricate designs. Rotary cutters, similar to pizza cutters, excel in fabric projects, delivering quick and straight cuts on a cutting mat. For paper projects, paper trimmers are important; they guarantee clean, straight lines, resulting in polished outcomes. Furthermore, consider using a self-healing cutting mat to protect your surfaces and maintain cutting precision without permanent markings, enhancing your overall crafting experience. Versatile Adhesives Versatile adhesives play a crucial role in any crafting toolkit, as they cater to a wide range of materials and applications. When you’re craft shopping at your local craft supply store, consider these must-have versatile adhesives: Mod Podge: Ideal for decoupage and mixed media, serving as both glue and sealant. E6000: An industrial-strength adhesive perfect for bonding metal, wood, and fabric in heavy-duty projects. Hot glue guns: Cordless options like the Sure Bonder provide quick bonding for various materials, ideal for time-sensitive crafts. Craft glue: Suitable for lightweight materials like paper and fabrics, ensuring a clean, mess-free application. With these versatile adhesives, you’ll be well-equipped to tackle any project that comes your way. Crafting Surfaces and Mats In terms of crafting, protecting your workspace is essential, and using the right surfaces and mats can make a significant difference. Craft mats not only safeguard your table from cuts and spills but additionally improve your accuracy and precision during projects, especially while using tools like craft knives. Furthermore, maintaining these surfaces is easy, allowing you to focus on your creativity without the worry of cleanup. Protect Your Workspace A well-protected workspace is crucial for any crafter, and investing in the right crafting surfaces and mats can make all the difference. Craft mats not only shield your table from adhesive spills and paint stains but also provide a solid, flat surface for accurate measuring. A self-healing cutting mat is particularly useful for preventing cuts and allowing for repeated use without permanent marks. Furthermore, continuous spray bottles maintain moisture levels when working with delicate materials. To improve your crafting experience, consider these must-have items from your local craft store or handicraft store: Self-healing cutting mat Durable craft mat Continuous spray bottle Protective table cover These items guarantee your workspace remains clean and functional, especially when searching for sewing supplies near me. Enhance Accuracy and Precision To improve accuracy and precision in your crafting projects, investing in high-quality crafting surfaces and mats is crucial. A self-healing craft mat protects your workspace while allowing repeated cutting without permanent marks. Most mats feature grid lines for accurate measuring and cutting, making them indispensable for precise tasks. Many additionally have a non-slip backing, guaranteeing stability during cutting, which improves safety and accuracy. Here’s a quick comparison of crafting surfaces: Feature Benefits Self-healing material Reduces wear on tools and mat Grid lines Aids in precise measuring Non-slip backing Prevents movement during cutting Durable construction Guarantees longevity of the mat Versatile use Suitable for various craft techniques Investing in a quality craft mat improves your overall crafting experience. Easy Maintenance and Cleaning Maintaining the quality of your crafting surfaces and mats is crucial for ensuring they remain effective over time. Regular cleaning keeps your craft mats free from paint and glue residue. Self-healing cutting mats are particularly beneficial as they allow repeated cuts without permanent marks, making them easier to maintain. Using a protective craft mat not just saves your work surface from damage but also simplifies easy clean-ups after your crafting sessions. For ideal care, consider these items: Mild soap and water for regular cleaning Continuous spray bottles to keep mats damp during projects Wet wipes for quick clean-ups A soft cloth for thorough drying Quality Paint Supplies Quality paint supplies play a crucial role in achieving vivid, long-lasting results for your crafting projects. When selecting quality paint supplies, consider acrylic paints from DecoArt, which offer a wide range of colors and excellent coverage. Chalk paint, particularly from brands like Waverly and Folk Art, is perfect for achieving a matte finish on furniture and home decor, providing versatility for upcycling. For applying paint, chip paint brushes in 1-inch and 2-inch sizes are invaluable, ensuring efficient coverage and precise application. Furthermore, using a palette for mixing colors allows you to create desired shades and tones, enhancing your final product. Remember, proper care, like cleaning brushes in water containers and storing paints correctly, will prolong the usability of your supplies. Fabric and Textiles Exploring fabric and textiles opens up a world of possibilities for your crafting projects. When you shop at a fabric and craft store or search for fabric stores near me within 5 mi, you’ll find a variety of materials suited to your needs. Whether you’re looking to buy fabric near me or searching online, consider these crucial items: Cotton for patchwork and general sewing Felt for fun, soft projects Burlap for rustic designs Ribbon for embellishing Don’t forget to check for sales at places like Hobby Lobby or online retailers like Amazon. Furthermore, repurposing old fabrics, such as t-shirts or sheets, promotes sustainability and adds uniqueness to your creations. Specialty textiles like raffia or twine can also improve your projects. Organization Tools An organized crafting space is vital for maximizing your creativity and efficiency during working on projects. Start with storage bins to keep your supplies neatly arranged and easily accessible, which helps maintain a tidy workspace and saves time. Implement labeling systems using clear labels on these bins to quickly identify materials, reducing frustration. Tool caddies are also important; they keep frequently used tools within arm’s reach, promoting an efficient crafting environment. Don’t overlook drawer organizers for small items like beads or buttons; they help separate supplies, making it easier to locate what you need. Cleaning Supplies To guarantee your crafting space remains clean and organized, having the right cleaning supplies on hand is vital. These items not just simplify your clean-up process but are also helpful in maintaining the quality of your tools and surfaces. Wet wipes: Ideal for quick clean-ups, they effortlessly tackle spills on surfaces. Baby wipes: Versatile and gentle, they clean hands, tools, and surfaces without harsh chemicals. Rubbing alcohol: Perfect for removing adhesive residue, ensuring your projects have a pristine finish. Paintbrush cleaner: Important for maintaining brush quality, it facilitates paint removal and protects bristles. Frequently Asked Questions What Does Every Crafter Need? Every crafter needs a versatile hot glue gun for quick-drying adhesion and a good pair of scissors, ideally two, for cutting paper and fabric. Quality adhesives like Mod Podge for decoupage and E6000 for stronger bonds are vital. A self-healing cutting mat protects your workspace as it allows safe material cutting. Moreover, a variety of paint supplies, including acrylics and different brush types, enables creative expression across numerous projects. What Are the Craft Items List? When considering craft items, you should focus on vital tools and materials. Key items include scissors for cutting, craft knives for precision, and a self-healing cutting mat for safety. You’ll need adhesives like hot glue and Mod Podge for bonding. Paint supplies, such as acrylics and brushes, allow for creativity. Don’t forget fabric options like felt and cotton, plus storage solutions like bins and labels to keep everything organized and accessible. What Does a Crafter Need? As a crafter, you need crucial tools for your projects. Scissors, craft knives, and a cutting mat guarantee precision and safety. Adhesives like Mod Podge and hot glue are essential for securing materials. A range of paint supplies, including acrylics and brushes, allows for creative expression. Furthermore, organization tools like storage bins and labels keep your supplies tidy, as seasonal embellishments like ribbons and stickers add unique touches to your crafts. What Are the Five Basic Crafts? The five basic crafts include knitting, painting, sewing, woodworking, and paper crafts. In knitting, you use yarn and needles to create fabric for garments. Painting allows you to express creativity using various mediums like acrylic or watercolor on surfaces. Sewing involves combining fabric and thread to make clothing or home decor. Woodworking focuses on shaping wood for functional items, whereas paper crafts utilize paper for artistic projects and decorations. Each craft requires specific techniques and materials. Conclusion To conclude, equipping yourself with necessary tools can greatly improve your crafting experience. Make sure to invest in versatile cutting tools, reliable adhesives, and quality paint supplies. Furthermore, prioritize crafting surfaces, organization tools, and cleaning supplies to maintain an efficient workspace. By assembling these must-have items, you’ll be well-prepared to tackle a variety of projects, ensuring both creativity and productivity. With the right tools at hand, you can focus on bringing your artistic visions to life. Image via Google Gemini This article, "7 Must-Have Craft Shopping List Items" was first published on Small Business Trends View the full article

When you start crafting, having the right tools can considerably improve your results. Crucial items include versatile scissors for general use, precision craft knives for intricate designs, and rotary cutters for fabric. Furthermore, quality adhesives like Mod Podge and E6000 guarantee strong bonds. Investing in self-healing cutting mats protects your surfaces during providing accuracy. To create lively projects, you’ll need quality paint supplies, along with organization tools and cleaning supplies to maintain a tidy workspace. Let’s explore each category in detail. Key Takeaways Quality cutting tools like scissors, craft knives, and rotary cutters are essential for precise and efficient crafting tasks. A variety of versatile adhesives, including hot glue and Mod Podge, are crucial for bonding different materials in projects. Self-healing cutting mats and durable craft mats protect surfaces and assist with accurate measuring and cutting. High-quality paint supplies, such as acrylic and chalk paints, provide vibrant colors and finishes for creative projects. Essential cleaning supplies like wet wipes and paintbrush cleaner simplify clean-up and maintain a tidy workspace. Essential Cutting Tools When initiating any crafting project, having the right cutting tools at your disposal is vital for achieving precise results. Vital cutting tools include scissors, craft knives, rotary cutters, and paper trimmers, each customized for specific tasks. Craft knives provide the accuracy needed for delicate materials like paper or thin plastic, making them indispensable for intricate designs. Rotary cutters, similar to pizza cutters, excel in fabric projects, delivering quick and straight cuts on a cutting mat. For paper projects, paper trimmers are important; they guarantee clean, straight lines, resulting in polished outcomes. Furthermore, consider using a self-healing cutting mat to protect your surfaces and maintain cutting precision without permanent markings, enhancing your overall crafting experience. Versatile Adhesives Versatile adhesives play a crucial role in any crafting toolkit, as they cater to a wide range of materials and applications. When you’re craft shopping at your local craft supply store, consider these must-have versatile adhesives: Mod Podge: Ideal for decoupage and mixed media, serving as both glue and sealant. E6000: An industrial-strength adhesive perfect for bonding metal, wood, and fabric in heavy-duty projects. Hot glue guns: Cordless options like the Sure Bonder provide quick bonding for various materials, ideal for time-sensitive crafts. Craft glue: Suitable for lightweight materials like paper and fabrics, ensuring a clean, mess-free application. With these versatile adhesives, you’ll be well-equipped to tackle any project that comes your way. Crafting Surfaces and Mats In terms of crafting, protecting your workspace is essential, and using the right surfaces and mats can make a significant difference. Craft mats not only safeguard your table from cuts and spills but additionally improve your accuracy and precision during projects, especially while using tools like craft knives. Furthermore, maintaining these surfaces is easy, allowing you to focus on your creativity without the worry of cleanup. Protect Your Workspace A well-protected workspace is crucial for any crafter, and investing in the right crafting surfaces and mats can make all the difference. Craft mats not only shield your table from adhesive spills and paint stains but also provide a solid, flat surface for accurate measuring. A self-healing cutting mat is particularly useful for preventing cuts and allowing for repeated use without permanent marks. Furthermore, continuous spray bottles maintain moisture levels when working with delicate materials. To improve your crafting experience, consider these must-have items from your local craft store or handicraft store: Self-healing cutting mat Durable craft mat Continuous spray bottle Protective table cover These items guarantee your workspace remains clean and functional, especially when searching for sewing supplies near me. Enhance Accuracy and Precision To improve accuracy and precision in your crafting projects, investing in high-quality crafting surfaces and mats is crucial. A self-healing craft mat protects your workspace while allowing repeated cutting without permanent marks. Most mats feature grid lines for accurate measuring and cutting, making them indispensable for precise tasks. Many additionally have a non-slip backing, guaranteeing stability during cutting, which improves safety and accuracy. Here’s a quick comparison of crafting surfaces: Feature Benefits Self-healing material Reduces wear on tools and mat Grid lines Aids in precise measuring Non-slip backing Prevents movement during cutting Durable construction Guarantees longevity of the mat Versatile use Suitable for various craft techniques Investing in a quality craft mat improves your overall crafting experience. Easy Maintenance and Cleaning Maintaining the quality of your crafting surfaces and mats is crucial for ensuring they remain effective over time. Regular cleaning keeps your craft mats free from paint and glue residue. Self-healing cutting mats are particularly beneficial as they allow repeated cuts without permanent marks, making them easier to maintain. Using a protective craft mat not just saves your work surface from damage but also simplifies easy clean-ups after your crafting sessions. For ideal care, consider these items: Mild soap and water for regular cleaning Continuous spray bottles to keep mats damp during projects Wet wipes for quick clean-ups A soft cloth for thorough drying Quality Paint Supplies Quality paint supplies play a crucial role in achieving vivid, long-lasting results for your crafting projects. When selecting quality paint supplies, consider acrylic paints from DecoArt, which offer a wide range of colors and excellent coverage. Chalk paint, particularly from brands like Waverly and Folk Art, is perfect for achieving a matte finish on furniture and home decor, providing versatility for upcycling. For applying paint, chip paint brushes in 1-inch and 2-inch sizes are invaluable, ensuring efficient coverage and precise application. Furthermore, using a palette for mixing colors allows you to create desired shades and tones, enhancing your final product. Remember, proper care, like cleaning brushes in water containers and storing paints correctly, will prolong the usability of your supplies. Fabric and Textiles Exploring fabric and textiles opens up a world of possibilities for your crafting projects. When you shop at a fabric and craft store or search for fabric stores near me within 5 mi, you’ll find a variety of materials suited to your needs. Whether you’re looking to buy fabric near me or searching online, consider these crucial items: Cotton for patchwork and general sewing Felt for fun, soft projects Burlap for rustic designs Ribbon for embellishing Don’t forget to check for sales at places like Hobby Lobby or online retailers like Amazon. Furthermore, repurposing old fabrics, such as t-shirts or sheets, promotes sustainability and adds uniqueness to your creations. Specialty textiles like raffia or twine can also improve your projects. Organization Tools An organized crafting space is vital for maximizing your creativity and efficiency during working on projects. Start with storage bins to keep your supplies neatly arranged and easily accessible, which helps maintain a tidy workspace and saves time. Implement labeling systems using clear labels on these bins to quickly identify materials, reducing frustration. Tool caddies are also important; they keep frequently used tools within arm’s reach, promoting an efficient crafting environment. Don’t overlook drawer organizers for small items like beads or buttons; they help separate supplies, making it easier to locate what you need. Cleaning Supplies To guarantee your crafting space remains clean and organized, having the right cleaning supplies on hand is vital. These items not just simplify your clean-up process but are also helpful in maintaining the quality of your tools and surfaces. Wet wipes: Ideal for quick clean-ups, they effortlessly tackle spills on surfaces. Baby wipes: Versatile and gentle, they clean hands, tools, and surfaces without harsh chemicals. Rubbing alcohol: Perfect for removing adhesive residue, ensuring your projects have a pristine finish. Paintbrush cleaner: Important for maintaining brush quality, it facilitates paint removal and protects bristles. Frequently Asked Questions What Does Every Crafter Need? Every crafter needs a versatile hot glue gun for quick-drying adhesion and a good pair of scissors, ideally two, for cutting paper and fabric. Quality adhesives like Mod Podge for decoupage and E6000 for stronger bonds are vital. A self-healing cutting mat protects your workspace as it allows safe material cutting. Moreover, a variety of paint supplies, including acrylics and different brush types, enables creative expression across numerous projects. What Are the Craft Items List? When considering craft items, you should focus on vital tools and materials. Key items include scissors for cutting, craft knives for precision, and a self-healing cutting mat for safety. You’ll need adhesives like hot glue and Mod Podge for bonding. Paint supplies, such as acrylics and brushes, allow for creativity. Don’t forget fabric options like felt and cotton, plus storage solutions like bins and labels to keep everything organized and accessible. What Does a Crafter Need? As a crafter, you need crucial tools for your projects. Scissors, craft knives, and a cutting mat guarantee precision and safety. Adhesives like Mod Podge and hot glue are essential for securing materials. A range of paint supplies, including acrylics and brushes, allows for creative expression. Furthermore, organization tools like storage bins and labels keep your supplies tidy, as seasonal embellishments like ribbons and stickers add unique touches to your crafts. What Are the Five Basic Crafts? The five basic crafts include knitting, painting, sewing, woodworking, and paper crafts. In knitting, you use yarn and needles to create fabric for garments. Painting allows you to express creativity using various mediums like acrylic or watercolor on surfaces. Sewing involves combining fabric and thread to make clothing or home decor. Woodworking focuses on shaping wood for functional items, whereas paper crafts utilize paper for artistic projects and decorations. Each craft requires specific techniques and materials. Conclusion To conclude, equipping yourself with necessary tools can greatly improve your crafting experience. Make sure to invest in versatile cutting tools, reliable adhesives, and quality paint supplies. Furthermore, prioritize crafting surfaces, organization tools, and cleaning supplies to maintain an efficient workspace. By assembling these must-have items, you’ll be well-prepared to tackle a variety of projects, ensuring both creativity and productivity. With the right tools at hand, you can focus on bringing your artistic visions to life. Image via Google Gemini This article, "7 Must-Have Craft Shopping List Items" was first published on Small Business Trends View the full article

Rumours of political rebellion, plus resignations at the BBCView the full article

It’s the Friday open thread! The comment section on this post is open for discussion with other readers on any work-related questions that you want to talk about (that includes school). If you want an answer from me, emailing me is still your best bet*, but this is a chance to take your questions to other readers. * If you submitted a question to me recently, please do not repost it here, as it may be in my queue to answer. The post open thread – November 14, 2025 appeared first on Ask a Manager. View the full article

Amazingly, your Mac has only just gained the ability to show you a full list of what you've copied. macOS has always allowed you to copy and paste items, but if you copied multiple items back-to-back, there was no way to view the earliest items you added to your clipboard. Sure, third-party apps have filled this gap for many years now, but macOS itself didn't allow you to easily view multiple items stored in the clipboard, until now. With macOS 26 Tahoe, your Mac's Spotlight search has added support for clipboard history, which means that you can view pretty much everything you've copied in the past 30 days. Here's how to set up and use clipboard history on your Mac. How to enable clipboard history on your Mac Credit: Pranay Parab Clipboard history is disabled by default on macOS Tahoe, so you'll have to activate it first. To do this, click the Apple logo in the top-left corner of your Mac's display and select System Settings. Now, go to Spotlight and scroll to the bottom in the right pane. Enable Results from Clipboard, and then click the drop-down menu below it. This lets you choose how long you want to store your clipboard history for. Apple gives you three choices: 8 hours, 7 days, or 30 days. Once you've made your choice, you'll be ready to use clipboard history on your Mac. If you copy sensitive items to the clipboard very often, you should probably avoid enabling this feature. I know many people who somehow still store passwords, credit card information, and other banking details in WhatsApp chats or plain text files. The moment you copy sensitive data from unsecured locations, it gets added to your clipboard history, which is not ideal. The good news is that if you copy passwords from Apple Passwords or other password management apps, they don't appear in your Mac's clipboard history. Accessing and using clipboard history on your Mac Credit: Pranay Parab You can access your Mac's clipboard history by using macOS Tahoe's Spotlight Search. First, copy a few items to your clipboard. These can be text, photos, or other files. Use the Command-Space keyboard shortcut (or click the magnifying glass in your Mac's top-right corner) to open Spotlight, and press Command-4. This will open your Mac's clipboard history, where you'll be able to see all the files you've copied recently. To see older items, scroll down. Next to each item, you'll see a small copy button, which you can use to copy that item to your clipboard once again. This is useful if you've copied multiple items in a row, but forgot to paste the first few. You can also select any item in your clipboard history list and press the return key on your keyboard to paste that item in the app that's in the foreground. If you want to quickly clear your clipboard history, fire up Spotlight (Command-Space), followed by the clipboard history page (Command-4), and select the three-dots button on the right. Select Clear History here to erase your entire clipboard. Or you can simply wait—Apple will automatically erase everything in your clipboard after your preset time limit (between 8 hours and 30 days, depending on what you chose in System Settings). Third-party clipboard management apps are better Credit: Pranay Parab I'm aware that some people don't use Spotlight at all, in favor of better alternatives like Raycast or Alfred. Luckily, those apps come with built-in clipboard managers, too. Spotlight's implementation is good enough for basic use cases, but it needs a quicker way to access and paste from your clipboard history. While clipboard history in Spotlight is a nice upgrade, I still feel that if you're serious about clipboard management, third-party alternatives are the way to go. The best clipboard managers for Mac will allow you to sync your clipboard history across multiple devices, let you exclude certain apps from your clipboard history, filter clipboard items by type (links, text, images, etc.), copy multiple items and paste them sequentially (useful for filling repetitive forms), extract and copy text from images, and so much more. View the full article

Opting for Florida’s courts as the battlefield, not the UK, is key to understanding the entire gambitView the full article

Coppermills plant, which serves up to 4mn people, underscores scale of the challenge for troubled utilityView the full article

A London judge ruled Friday that global mining company BHP Group is liable in Brazil’s worst environmental disaster when a dam collapse a decade ago unleashed tons of toxic waste into a major river, killing 19 people and devastating villages downstream. High Court Justice Finola O’Farrell said that Australia-based BHP was responsible, despite not owning the dam at the time, finding its negligence, carelessness or lack of skill led to the collapse. Anglo-Australian BHP owns 50% of Samarco, the Brazilian company that operates the iron ore mine where the tailings dam ruptured on Nov. 5, 2015. Sludge from the burst dam destroyed the once-bustling village of Bento Rodrigues in Minas Gerais state and badly damaged other towns. Enough mine waste to fill 13,000 Olympic-size swimming pools poured into the Doce River in southeastern Brazil, damaging 600 kilometers (370 miles) of the waterway and killing 14 tons of freshwater fish, according to a study by the University of Ulster in the U.K. The river, which the Krenak Indigenous people revere as a deity, has yet to recover. A decade later, legal disputes have prolonged reconstruction and reparations and the river is still contaminated with heavy metals. Even as Brazil tries to define itself as a global environmental leader while hosting the U.N. COP30 climate summit, advocacy groups say the dam collapse is a reminder of industry-friendly policies that have ecological protection. Victims of the disaster called the ruling a historic victory in seeking justice. “We had to cross the Atlantic Ocean and go to England to finally see a mining company held to account,” said Mônica dos Santos of the Commission for Those Affected by the Fundão Dam. Gelvana Rodrigues, whose 7-year-old son, Thiago, was killed in a mudslide, celebrated the step forward and said she wouldn’t rest until those responsible are punished. “The judge’s decision shows what we have been saying for the last 10 years: it was not an accident, and BHP must take responsibility for its actions,” Rodrigues said. The judge agreed with lawyers representing 600,000 Brazilians and 31 communities in the class-action case who argued that BHP was heavily involved in the Samarco operation and could have prevented the disaster, but instead encouraged raising the dam to allow more production. “The risk of collapse of the dam was foreseeable,” O’Farrell wrote in the 222-page decision. “It is inconceivable that a decision would have been taken to continue raising the height of the dam in those circumstances and the collapse could have been averted.” BHP said that it plans to appeal. The claimants are seeking 36 billion pounds ($47 billion) in compensation, though the ruling only addressed liability. A second phase of the trial will determine damages. The case was filed in Britain because one of BHP’s two main legal entities was based in London at the time. The trial began in October 2024, just days before the federal government in the South American country reached a multibillion-dollar settlement with the mining companies. Under the agreement, Samarco — which is also half owned by Brazilian mining giant Vale — agreed to pay 132 billion reais ($23 billion) over 20 years. The payments were meant to compensate for human, environmental and infrastructure damage. BHP had said the U.K. legal action was unnecessary, because it duplicated matters covered by legal proceedings in Brazil. The judge ruled that those who were compensated in the settlement in Brazil could still bring claims, though they might be limited by any waivers they signed. Brandon Craig, BHP’s president of Minerals Americas, said that nearly half of the claimants could be eliminated from the group because of settlement agreements they signed in Brazil. BHP shares fell more than 2% on the London market after the ruling and the company said that it would update its financial provisions. —Brian Melley, Associated Press View the full article

When considering opening a franchise, it’s vital to comprehend the financial commitments involved. Initial investments typically range from $100,000 to $300,000, depending on factors like brand and location. You’ll encounter franchise fees, which can vary from $10,000 to $50,000, along with ongoing royalty fees that often take 3% to 6% of your gross sales. Grasping these costs is fundamental, but there are other factors at play that could influence your startup expenses. Key Takeaways The initial investment for a franchise typically ranges from $100,000 to $300,000 depending on the brand and location. Franchise fees generally vary between $10,000 and $50,000 based on market competitiveness and brand reputation. Common startup expenses include real estate, equipment, office supplies, and leasehold improvements. Ongoing fees, such as royalty fees, usually range from 3% to 6% of monthly gross sales. The Franchise Disclosure Document (FDD) provides detailed breakdowns of initial and ongoing costs, crucial for financial planning. General Franchise Opening Costs When you’re considering opening a franchise, it’s vital to understand that the initial investment typically ranges from $100,000 to $300,000, depending on the brand and the specific industry requirements. One significant component of this cost is the franchise fees for restaurants, which can vary widely based on market competitiveness and brand reputation. Furthermore, you’ll need to account for common startup expenses like office supplies, equipment, and leasehold improvements. If you’re looking into fast food franchise cost, keep in mind that real estate expenses, permits, and working capital for operational expenses are also fundamental. To get a clearer picture of how much it costs to open a franchise, refer to the Franchise Disclosure Document (FDD), which outlines all these investment details. Typical Parts of a Business Plan A detailed business plan is crucial for anyone looking to open a franchise, as it serves as a roadmap for your venture. Start with an executive summary outlining your business concept, objectives, and unique value proposition. Next, include a company description detailing the franchise’s history, structure, and operational model. Don’t forget to conduct a thorough market analysis, covering target demographics, market needs, and competition. This helps you understand franchise cost comparisons and restaurant franchise prices. The management structure section should define your leadership team and their experience. Finally, provide financial projections, detailing your revenue, expenses, and profitability forecasts, often referencing the Franchise Disclosure Document (FDD) for accuracy. This foundation will guide you on how do you buy a franchise restaurant successfully. Initial Investment Breakdown When you’re considering opening a franchise, comprehending the initial investment is essential. You’ll encounter various costs, including the franchise fee, which grants you the right to operate under the brand, and startup expenses like real estate and equipment. Furthermore, it’s important to factor in ongoing financial obligations that can impact your long-term profitability. Franchise Fee Overview Franchise fees represent a significant initial investment for anyone looking to enter the franchise world, as they typically range from $10,000 to $50,000. These fees grant you the right to operate under the franchisor’s brand and are just the starting point. For instance, if you’re considering how to open a fast food franchise, comprehending the Jack in the Box franchise cost or jack’s franchise cost can help you gauge the overall financial commitment. Although the franchise fee is important, keep in mind that the total initial investment often falls between $100,000 and $300,000, depending on factors like location and specific franchise requirements. Consulting the Franchise Disclosure Document (FDD) is fundamental for grasping all associated costs, including ongoing royalty fees that can impact your finances. Startup Cost Components Starting a franchise involves several key components that contribute to your initial investment. Typically, this investment ranges from $100,000 to $300,000, depending on the brand and location. Common startup costs include franchise fees, which grant you the right to operate under the franchisor’s brand, real estate expenses, equipment purchases, office supplies, and leasehold improvements. Franchise fees can vary considerably and are usually non-negotiable. The Franchise Disclosure Document (FDD) is crucial for reviewing detailed investment costs, including initial purchase funds and working capital needs. Furthermore, you should account for professional services related to permits, insurance requirements, and working capital to cover operating costs for several months as you launch your franchise successfully. Ongoing Financial Obligations Comprehending the ongoing financial obligations of a franchise is vital for maintaining its success beyond the initial investment phase. After the startup costs, you’ll need to evaluate ongoing expenses like royalty fees, which typically range from 4% to 8% of your sales. These fees grant you the right to use the franchisor’s brand and support services. Moreover, you’ll face costs for marketing contributions, which help promote the brand. It’s important to maintain adequate working capital to cover operational expenses and personal living costs during the early months. The Franchise Disclosure Document (FDD) will provide detailed insights into both initial and ongoing financial commitments, ensuring you’re well-prepared for the expedition ahead. Common Franchise Fees When considering the costs associated with opening a franchise, it’s essential to understand the various fees involved. The initial franchise fee, often reflecting the brand’s reputation, typically ranges from $10,000 to $50,000 or more, and these fees are usually non-negotiable. Furthermore, many franchisors require contributions to marketing, which can be a percentage of sales or a fixed amount, aimed at supporting national or regional advertising efforts. As some franchisors may offer incentives like deferred fees or discounts to attract franchisees, these options vary widely. It’s important to review all fee structures in the franchise disclosure document to guarantee you’re fully aware of the financial commitments before making your investment decision. Ongoing Royalty Fees Ongoing royalty fees are a vital aspect of franchise ownership that can greatly impact your bottom line. Typically, these fees range from 3% to 6% of your monthly gross sales, but some franchises, like Complete Weddings + Events, charge up to 8% of annual gross revenue. Others, such as Motto Mortgage, require a flat fee of $4,500 per month after the first year. Dream Vacations offers a variable rate from 1.5% to 3% of annual commissionable sales, showcasing significant differences among franchises. Help-U-Sell Real Estate mandates a 6% fee on gross commissions, whereas United Country Real Estate charges between $1,200 and $2,400 monthly, depending on performance. Comprehending these fees is essential for evaluating your franchise’s profitability. Financing Options for Franchise Startups How can you effectively finance your franchise startup? Comprehending your options is vital to guarantee you secure the necessary funds. Here are three viable financing methods: Small Business Administration (SBA) Loans: Although the SBA doesn’t lend money directly, it guarantees loans, making it easier for you to access funds through banks. Franchisor Financing: Many franchisors offer financing assistance or partner with lenders, which can simplify your funding process. Alternative Financing: Consider personal savings, crowdfunding, or loans from family and friends, assuring you have written agreements to protect all parties involved. Additionally, online marketplaces like Boefly and Biz2Credit can connect you with lenders, whereas FranFund can help streamline your funding efforts. Each option has its benefits, so explore what suits you best. Understanding the Franchise Disclosure Document (FDD) What do you need to know about the Franchise Disclosure Document (FDD) before investing in a franchise? The FDD is vital, as it outlines fundamental information about the franchise, including initial investment costs, ongoing fees, and working capital requirements. Particularly, Item 7 details the specific funds needed to start and run the franchise, helping you estimate your total investment. Here’s a summary of key FDD components: FDD Component Description Importance Initial Costs Upfront investment needed Determines your financial entry Ongoing Fees Royalty and other fees Affects long-term profitability Financial Stability Franchisor’s financial history Assesses investment viability Litigation History Past legal issues Identifies potential risks Franchise Obligations Responsibilities of both parties Clarifies your commitments Factors Influencing Franchise Startup Costs When choosing a franchise, the brand you select and its market presence can greatly impact your startup costs. Factors like location, local demand, and competition play essential roles in determining how much you’ll need to invest. Comprehending these elements will help you make informed decisions and better prepare for the financial commitment ahead. Franchise Brand Selection Selecting the right franchise brand can greatly impact your startup costs and overall success. When evaluating potential franchises, consider these key factors: Initial Investment: Costs can range from under $15,000 for low-cost franchises to millions for established brands like Taco Bell or KFC. Franchise Disclosure Document (FDD): This vital document outlines financial obligations, including franchise fees and ongoing royalty fees, ensuring you understand your investment commitments. Franchisee Support: Evaluate the training and marketing assistance offered by the franchisor, as this can markedly affect your overall startup costs and operational expenses. Location and Market Factors Choosing the right franchise brand is just the beginning; your location and the surrounding market factors play a significant role in determining your startup costs. The demographics and market demand in your chosen area directly influence your potential customer base and sales projections. Real estate costs, including lease rates and property availability, can greatly impact your initial investment. Conducting a competitive analysis in the target market allows you to identify gaps and opportunities that could guide your decisions. The Franchise Disclosure Document (FDD) outlines financial obligations that may vary based on local economic conditions. Furthermore, local regulations and necessary permits can add to your overall startup costs, making thorough research vital before launching your franchise. Frequently Asked Questions Why Does It Only Cost $10k to Own a Chick-Fil-A Franchise? Chick-fil-A‘s low $10,000 franchise fee stems from the company’s unique business model. They cover most startup costs like real estate and equipment, allowing you to focus on running the business. Nonetheless, this opportunity isn’t passive; you’ll need to be hands-on, dedicating significant time and effort to meet operational standards. The competitive selection process seeks franchisees with strong entrepreneurial spirits and community commitment, ensuring the brand’s legacy is upheld. Can I Buy a Franchise With No Money? Buying a franchise with no money is challenging, but not impossible. Some low-cost franchises, like Dream Vacations, require minimal initial investments. You can explore financing options such as SBA loans or franchisor programs, which may offer payment plans or deferred fees. Furthermore, consider using personal savings, crowdfunding, or loans from family and friends, ensuring you document agreements. A solid business plan and good credit score are crucial for securing these financing options. What Is the Cheapest Franchise to Own? If you’re looking for the cheapest franchise to own, Dream Vacations is a strong contender, with a start-up cost of about $9,800. Image One follows closely, offering janitorial services for around $15,000. Other affordable options include Complete Weddings + Events and Showhomes Home Staging, both requiring $10,000. TSS Photography additionally stands out, needing $10,500. Each of these franchises provides a low entry point, making entrepreneurship more accessible for you. What Is the 7 Day Rule for Franchise? The 7 Day Rule for franchises requires you to receive the Franchise Disclosure Document (FDD) at least 14 days before signing any franchise agreement or making payments. This rule gives you the time to review essential information about fees, obligations, and financial performance. It’s designed to help you conduct thorough due diligence and seek advice before committing to a franchise investment, ensuring you make informed decisions in line with FTC regulations. Conclusion In conclusion, opening a franchise involves various costs, including initial investments, franchise fees, and ongoing royalty payments. Comprehending these financial obligations is essential for making informed decisions. By carefully reviewing the Franchise Disclosure Document and considering financing options, you can better prepare for the challenges ahead. In the end, thorough research and planning will help you navigate the intricacies of franchise ownership, ensuring you’re equipped to succeed in your venture during the management of your finances effectively. Image via Google Gemini This article, "How Much Does It Cost to Open a Franchise?" was first published on Small Business Trends View the full article

When considering opening a franchise, it’s vital to comprehend the financial commitments involved. Initial investments typically range from $100,000 to $300,000, depending on factors like brand and location. You’ll encounter franchise fees, which can vary from $10,000 to $50,000, along with ongoing royalty fees that often take 3% to 6% of your gross sales. Grasping these costs is fundamental, but there are other factors at play that could influence your startup expenses. Key Takeaways The initial investment for a franchise typically ranges from $100,000 to $300,000 depending on the brand and location. Franchise fees generally vary between $10,000 and $50,000 based on market competitiveness and brand reputation. Common startup expenses include real estate, equipment, office supplies, and leasehold improvements. Ongoing fees, such as royalty fees, usually range from 3% to 6% of monthly gross sales. The Franchise Disclosure Document (FDD) provides detailed breakdowns of initial and ongoing costs, crucial for financial planning. General Franchise Opening Costs When you’re considering opening a franchise, it’s vital to understand that the initial investment typically ranges from $100,000 to $300,000, depending on the brand and the specific industry requirements. One significant component of this cost is the franchise fees for restaurants, which can vary widely based on market competitiveness and brand reputation. Furthermore, you’ll need to account for common startup expenses like office supplies, equipment, and leasehold improvements. If you’re looking into fast food franchise cost, keep in mind that real estate expenses, permits, and working capital for operational expenses are also fundamental. To get a clearer picture of how much it costs to open a franchise, refer to the Franchise Disclosure Document (FDD), which outlines all these investment details. Typical Parts of a Business Plan A detailed business plan is crucial for anyone looking to open a franchise, as it serves as a roadmap for your venture. Start with an executive summary outlining your business concept, objectives, and unique value proposition. Next, include a company description detailing the franchise’s history, structure, and operational model. Don’t forget to conduct a thorough market analysis, covering target demographics, market needs, and competition. This helps you understand franchise cost comparisons and restaurant franchise prices. The management structure section should define your leadership team and their experience. Finally, provide financial projections, detailing your revenue, expenses, and profitability forecasts, often referencing the Franchise Disclosure Document (FDD) for accuracy. This foundation will guide you on how do you buy a franchise restaurant successfully. Initial Investment Breakdown When you’re considering opening a franchise, comprehending the initial investment is essential. You’ll encounter various costs, including the franchise fee, which grants you the right to operate under the brand, and startup expenses like real estate and equipment. Furthermore, it’s important to factor in ongoing financial obligations that can impact your long-term profitability. Franchise Fee Overview Franchise fees represent a significant initial investment for anyone looking to enter the franchise world, as they typically range from $10,000 to $50,000. These fees grant you the right to operate under the franchisor’s brand and are just the starting point. For instance, if you’re considering how to open a fast food franchise, comprehending the Jack in the Box franchise cost or jack’s franchise cost can help you gauge the overall financial commitment. Although the franchise fee is important, keep in mind that the total initial investment often falls between $100,000 and $300,000, depending on factors like location and specific franchise requirements. Consulting the Franchise Disclosure Document (FDD) is fundamental for grasping all associated costs, including ongoing royalty fees that can impact your finances. Startup Cost Components Starting a franchise involves several key components that contribute to your initial investment. Typically, this investment ranges from $100,000 to $300,000, depending on the brand and location. Common startup costs include franchise fees, which grant you the right to operate under the franchisor’s brand, real estate expenses, equipment purchases, office supplies, and leasehold improvements. Franchise fees can vary considerably and are usually non-negotiable. The Franchise Disclosure Document (FDD) is crucial for reviewing detailed investment costs, including initial purchase funds and working capital needs. Furthermore, you should account for professional services related to permits, insurance requirements, and working capital to cover operating costs for several months as you launch your franchise successfully. Ongoing Financial Obligations Comprehending the ongoing financial obligations of a franchise is vital for maintaining its success beyond the initial investment phase. After the startup costs, you’ll need to evaluate ongoing expenses like royalty fees, which typically range from 4% to 8% of your sales. These fees grant you the right to use the franchisor’s brand and support services. Moreover, you’ll face costs for marketing contributions, which help promote the brand. It’s important to maintain adequate working capital to cover operational expenses and personal living costs during the early months. The Franchise Disclosure Document (FDD) will provide detailed insights into both initial and ongoing financial commitments, ensuring you’re well-prepared for the expedition ahead. Common Franchise Fees When considering the costs associated with opening a franchise, it’s essential to understand the various fees involved. The initial franchise fee, often reflecting the brand’s reputation, typically ranges from $10,000 to $50,000 or more, and these fees are usually non-negotiable. Furthermore, many franchisors require contributions to marketing, which can be a percentage of sales or a fixed amount, aimed at supporting national or regional advertising efforts. As some franchisors may offer incentives like deferred fees or discounts to attract franchisees, these options vary widely. It’s important to review all fee structures in the franchise disclosure document to guarantee you’re fully aware of the financial commitments before making your investment decision. Ongoing Royalty Fees Ongoing royalty fees are a vital aspect of franchise ownership that can greatly impact your bottom line. Typically, these fees range from 3% to 6% of your monthly gross sales, but some franchises, like Complete Weddings + Events, charge up to 8% of annual gross revenue. Others, such as Motto Mortgage, require a flat fee of $4,500 per month after the first year. Dream Vacations offers a variable rate from 1.5% to 3% of annual commissionable sales, showcasing significant differences among franchises. Help-U-Sell Real Estate mandates a 6% fee on gross commissions, whereas United Country Real Estate charges between $1,200 and $2,400 monthly, depending on performance. Comprehending these fees is essential for evaluating your franchise’s profitability. Financing Options for Franchise Startups How can you effectively finance your franchise startup? Comprehending your options is vital to guarantee you secure the necessary funds. Here are three viable financing methods: Small Business Administration (SBA) Loans: Although the SBA doesn’t lend money directly, it guarantees loans, making it easier for you to access funds through banks. Franchisor Financing: Many franchisors offer financing assistance or partner with lenders, which can simplify your funding process. Alternative Financing: Consider personal savings, crowdfunding, or loans from family and friends, assuring you have written agreements to protect all parties involved. Additionally, online marketplaces like Boefly and Biz2Credit can connect you with lenders, whereas FranFund can help streamline your funding efforts. Each option has its benefits, so explore what suits you best. Understanding the Franchise Disclosure Document (FDD) What do you need to know about the Franchise Disclosure Document (FDD) before investing in a franchise? The FDD is vital, as it outlines fundamental information about the franchise, including initial investment costs, ongoing fees, and working capital requirements. Particularly, Item 7 details the specific funds needed to start and run the franchise, helping you estimate your total investment. Here’s a summary of key FDD components: FDD Component Description Importance Initial Costs Upfront investment needed Determines your financial entry Ongoing Fees Royalty and other fees Affects long-term profitability Financial Stability Franchisor’s financial history Assesses investment viability Litigation History Past legal issues Identifies potential risks Franchise Obligations Responsibilities of both parties Clarifies your commitments Factors Influencing Franchise Startup Costs When choosing a franchise, the brand you select and its market presence can greatly impact your startup costs. Factors like location, local demand, and competition play essential roles in determining how much you’ll need to invest. Comprehending these elements will help you make informed decisions and better prepare for the financial commitment ahead. Franchise Brand Selection Selecting the right franchise brand can greatly impact your startup costs and overall success. When evaluating potential franchises, consider these key factors: Initial Investment: Costs can range from under $15,000 for low-cost franchises to millions for established brands like Taco Bell or KFC. Franchise Disclosure Document (FDD): This vital document outlines financial obligations, including franchise fees and ongoing royalty fees, ensuring you understand your investment commitments. Franchisee Support: Evaluate the training and marketing assistance offered by the franchisor, as this can markedly affect your overall startup costs and operational expenses. Location and Market Factors Choosing the right franchise brand is just the beginning; your location and the surrounding market factors play a significant role in determining your startup costs. The demographics and market demand in your chosen area directly influence your potential customer base and sales projections. Real estate costs, including lease rates and property availability, can greatly impact your initial investment. Conducting a competitive analysis in the target market allows you to identify gaps and opportunities that could guide your decisions. The Franchise Disclosure Document (FDD) outlines financial obligations that may vary based on local economic conditions. Furthermore, local regulations and necessary permits can add to your overall startup costs, making thorough research vital before launching your franchise. Frequently Asked Questions Why Does It Only Cost $10k to Own a Chick-Fil-A Franchise? Chick-fil-A‘s low $10,000 franchise fee stems from the company’s unique business model. They cover most startup costs like real estate and equipment, allowing you to focus on running the business. Nonetheless, this opportunity isn’t passive; you’ll need to be hands-on, dedicating significant time and effort to meet operational standards. The competitive selection process seeks franchisees with strong entrepreneurial spirits and community commitment, ensuring the brand’s legacy is upheld. Can I Buy a Franchise With No Money? Buying a franchise with no money is challenging, but not impossible. Some low-cost franchises, like Dream Vacations, require minimal initial investments. You can explore financing options such as SBA loans or franchisor programs, which may offer payment plans or deferred fees. Furthermore, consider using personal savings, crowdfunding, or loans from family and friends, ensuring you document agreements. A solid business plan and good credit score are crucial for securing these financing options. What Is the Cheapest Franchise to Own? If you’re looking for the cheapest franchise to own, Dream Vacations is a strong contender, with a start-up cost of about $9,800. Image One follows closely, offering janitorial services for around $15,000. Other affordable options include Complete Weddings + Events and Showhomes Home Staging, both requiring $10,000. TSS Photography additionally stands out, needing $10,500. Each of these franchises provides a low entry point, making entrepreneurship more accessible for you. What Is the 7 Day Rule for Franchise? The 7 Day Rule for franchises requires you to receive the Franchise Disclosure Document (FDD) at least 14 days before signing any franchise agreement or making payments. This rule gives you the time to review essential information about fees, obligations, and financial performance. It’s designed to help you conduct thorough due diligence and seek advice before committing to a franchise investment, ensuring you make informed decisions in line with FTC regulations. Conclusion In conclusion, opening a franchise involves various costs, including initial investments, franchise fees, and ongoing royalty payments. Comprehending these financial obligations is essential for making informed decisions. By carefully reviewing the Franchise Disclosure Document and considering financing options, you can better prepare for the challenges ahead. In the end, thorough research and planning will help you navigate the intricacies of franchise ownership, ensuring you’re equipped to succeed in your venture during the management of your finances effectively. Image via Google Gemini This article, "How Much Does It Cost to Open a Franchise?" was first published on Small Business Trends View the full article

In the late 2010s, at the height of the direct-to-consumer boom, Framebridge founder Susan Tynan was green with envy. Many other venture-backed startups from the era—like Casper, Away, and Glossier—were growing much faster than her custom framing business. While these other buzzy brands focused on acquiring customers and growing revenue, Tynan was using her $81 million in venture funding to tackle more arduous operational issues, like building factories and hiring hundreds of craftspeople to make frames by hand. Eleven years into the business, Tynan’s slow, steady approach to growth is paying off. Framebridge now has 750 employees, 500 of whom work at the company’s four factories in Kentucky, Virginia, and Nevada. Meanwhile, its brick-and-mortar footprint is growing rapidly, with 10 new stores opening last year (it now operates 40 physical stores) and more planned. Tynan says that by investing in Framebridge’s infrastructure early on, she built a moat around the business that has allowed it to ward off competitors. And now the company is in a position to scale rapidly, actively looking to expand its network of brick-and-mortar locations, possibly into the hundreds. Meanwhile, many DTC startups that Tynan once envied are fending off challengers that have created similar products, from mattresses-in-a-box to design-forward luggage. “Framebridge was a hard business to build, but that’s why it’s impossible to replicate,” says Tynan. “We’re now reaping the benefits.” The DTC Boom and Bust Today you’ll find a custom framing shop in most towns: By one estimate, there are more than 15,000 in the United States. But custom framing is notoriously expensive and takes a long time, which turns off many consumers who are happy to settle for a cheaper prefabricated frame they can buy from Michaels or Amazon. As Tynan studied the framing business model, she found the industry laden with inefficiencies. Most frame shops are owned by a single person. Since the store can’t afford to keep hundreds of mats and frame options in stock, it will order the components only once the customer has made their selection. Buying in such small quantities is expensive; it’s also time-consuming to send out for these pieces and construct the frame in-store. Tynan, who started her career as a tech executive, decided to launch Framebridge because she believed she could make framing cheaper, faster, and more convenient. Like many other VC-backed DTC startups, Framebridge was meant to disrupt a dusty industry. But Tynan’s business model was far more complex than those of peer brands of the 2010s. Startups like Casper and Away, which redesigned common consumer products, worked with overseas factories to make them, then sold the products online. Framebridge, by comparison, needed to build out a complex logistical operation to create custom frames at scale. This would involve setting up factories in the States and hiring artisans to build custom frames. In 2020, Graham Holdings Co. (GHC) acquired Framebridge for an undisclosed amount, giving Framebridge’s investors a payout. The sale meant that Framebridge had a deep-pocketed holding company that would allow Tynan to keep investing in factories and other infrastructure at a time when many other DTC operations were seeking out ever-larger sums of VC capital or exploring an IPO. Taryn Jones Laeben, who served as the chief commercial officer of Casper until 2018 before founding the VC firm IRL Ventures, believes Framebridge owes its success largely to one unique factor. “What makes Framebridge special is its supply chain,” she says. “Businesses that survived the DTC era are the ones that are truly differentiated. But investing in factories is complex because it is capital intensive and prevents you from being nimble. For Framebridge, it has clearly paid off.” While GHC, which generated $4.7 billion last year, does not break out revenue for individual companies, its annual report noted that “Framebridge posted real growth in 2024.” That said, the report described Framebridge as an “investment stage business” that is not profitable yet. The upshot is that it’s much harder to copy Framebridge’s business. Over the past five years, many DTC brands have struggled to acquire new customers, partly because a wave of competitors have popped up. Away is now competing with Monos, July, and Antler. The beauty and mattress industries have hundreds of direct-to-consumer players. To gain market share under these conditions, brands must continue pumping money into marketing and advertising. But no other companies have yet been able to replicate what Framebridge is doing. The Moat In 2014, the Framebridge website went live. It allowed customers to send in art or upload digital photographs to be framed and delivered back to them. It seemed like a simple service. But Tynan had spent the previous two years—and $3 million in seed funding—to build out a factory in Richmond, Virginia. She hired a team of expert framers as well as some people from other creative professions who enjoy the work of framing. “I found someone who sold mantles on Etsy,” she recalls. “He loves using his hands.” Framebridge orders large volumes of framing materials, which allows the company to charge less per frame than the average neighborhood framer. Small frames start at $50; larger pieces, like an 18-by-24-inch frame, cost $155. (This is roughly half of what my local frame shop in Boston charges.) Framebridge’s concept resonated with customers, especially digital-native millennials who were already ordering everything from mattresses to house plants on the internet. Within three years of launch, the company had generated $58 million in revenue. Laeben, the VC investor, says Tynan was smart about how her startup used its $81 million in VC capital. While many brands of the era were investing in customer acquisition, Framebridge was focused on infrastructure that would give it longevity. “They spent their money on durable, defensible strategies as opposed to acquiring customers on social media who might not even purchase from the company again,” she says. “Looking back, customer acquisition was basically like lighting money on fire.” Many investors would not have been satisfied with Framebridge’s pace of growth, Laeben points out. “DTC is a very broad category. There are many sectors where it makes sense to grow slowly and profitably, but this means being aligned with your investors on what your goals are,” she explains. As Framebridge grew, Tynan recognized the many benefits of having physical stores. While it’s possible to visualize frames on the company’s website, some customers simply want to see what the materials look like in person. More crucially, there are people who want to do business at a physical location where they can bring their expensive art and irreplaceable, precious keepsakes in person, rather than sending them through the mail, where they could be damaged or lost. So in 2019 Framebridge opened its first two stores in the Washington, D.C., area, and quickly began opening others in major cities such as New York and Boston. Tynan also decided to buy a fleet of trucks to transport people’s items from the stores to the factory in Virginia. This is another complex, expensive part of the business—but one that Tynan believes strengthen’s her company’s “moat,” making it even less likely that a competitor will spring up. “If [customers] were going to send in their baby blanket or an antique family photograph, they needed to know it wouldn’t get lost,” Tynan says. “It was important to customers that their things remained in our chain of custody throughout the whole process.” The Framebridge store footprint is much smaller than a traditional frame shop, since no actual framing happens on-site. The stores sometimes serve simply as a way to introduce people to the brand. Framebridge often hosts in-store events, offering free portrait sessions or photos with Santa during the holidays. While some DTC brands saw retail stores primarily as a marketing engine, Tynan thought it was crucial that Framebridge learn how to run these stores profitably. “This wasn’t a pop-up strategy,” she says. “As a startup, you want to test a lot of things, but if you test them halfway, you don’t know if they’re actually going to work. So we put our best foot forward with these stores.” The Future of Framing Today, Framebridge still doesn’t have a major competitor that does what it can do. Instead, its biggest source of competition is the traditional, neighborhood frame shop. But Tynan says her goal isn’t to put these places out of business. She points out that Framebridge has a particularly modern, millennial-oriented aesthetic that isn’t necessarily for everyone. And store associates are trained to point customers to other framing shops nearby if Framebridge doesn’t have what they’re looking for. “We have a curated assortment of frames,” Tynan says. “We have a point of view.” Still, she believes there’s a lot of room to grow. Given how expensive custom framing has been in the past, few consumers create bespoke frames for their art. Most just buy premade frames. By offering less-expensive options and offering customers the ability to make selections online, Tynan hopes that Framebridge will appeal to people who might never have thought to custom frame their keepsakes or art before. “In many ways,” she says, “we’re only just starting to scale.” View the full article

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. While I've been thinking about the sale prices we might see on Black Friday, Garmin just went and dropped the prices on several of their watches. The Forerunner 265 and 965 are at their lowest prices ever, both $150 off. Several other watches are on surprisingly good sales as well. Garmin Forerunner 265 Running Smartwatch $299.99 at Amazon $449.99 Save $150.00 Get Deal Get Deal $299.99 at Amazon $449.99 Save $150.00 Garmin Forerunner 265S Running Smartwatch, Colorful AMOLED Display, Training Metrics and Recovery Insights, Light Pink and Powder Gray $299.99 at Amazon $449.99 Save $150.00 Get Deal Get Deal $299.99 at Amazon $449.99 Save $150.00 Garmin Forerunner® 965 Running Smartwatch, Colorful AMOLED Display, Training Metrics and Recovery Insights, Amp Yellow and Black $449.99 at Amazon $599.99 Save $150.00 Get Deal Get Deal $449.99 at Amazon $599.99 Save $150.00 SEE 0 MORE The Garmin Forerunner 265 is one of my favorite running watches, and you can read my review of it here. It's got an AMOLED screen, all kinds of advanced training metrics, dual-band GPS, and can connect to a bike power meter, to name a few of the features that set it apart from other watches. I own one myself and highly recommend it. Its original price was $449.99, but it's sometimes been on sale for $50 or $100 off. It was $100 off for last year's Black Friday, and has made occasional dips back down to that price since the Forerunner 570 came out this year. (The 570 is basically a 265 plus voice features, and it's not on sale this year—yet?) Both sizes are now on sale: the 46-millimeter 265 and the smaller version, the 42-millimeter 265S (S for "smaller"). Both are the same price at $299.99. The Forerunner 965 has the same features as the 265, plus a few extras—the biggest of which is maps. Normally $599.99, the 965 is on sale for $449.99. Amazon has these marked as a "limited time deal," but Garmin has them in their "holiday gift guide," suggesting this might be the Black Friday price showing up early. Also on sale: Garmin Forerunner 165: $199.99 ($50 off) and 165 Music: $249.99 ($50 off) Garmin Vivoactive 6: $249.99 ($50 off). See my review of the Garmin Vivoactive 6. Our Best Editor-Vetted Tech Deals Right Now Apple AirPods 4 Wireless Earbuds — $84.99 (List Price $129.00) Apple iPad 11" 128GB A16 WiFi Tablet (Blue, 2025) — $324.99 (List Price $349.00) Shark AV2501AE AI XL Hepa- Safe Self-Emptying Base Robot Vacuum — $294.99 (List Price $649.99) Apple Watch Series 10 — $279.00 (List Price $429.00) Amazon Fire HD 10 (2023) — $69.99 (List Price $139.99) Sony WH-1000XM5 — $297.98 (List Price $399.99) Blink Outdoor 4 1080p Wireless Security Camera (5-Pack) — $159.99 (List Price $399.99) Ring Floodlight Cam Wired Plus 1080p Security Camera (White) — $99.99 (List Price $179.99) Amazon Fire TV Stick 4K Plus — $24.99 (List Price $49.99) NEW Bose Quiet Comfort Ultra Wireless Noise Cancelling Headphones — $299.00 (List Price $429.00) Deals are selected by our commerce team View the full article

At the recent Web Summit 2025, Visa revealed exciting developments aimed at empowering digital creators—a group increasingly recognized as vital small businesses. With their new 2025 Creator Report and plans for a collaboration with Karat Financial, Visa aims to provide modern tools and resources to help creators grow both locally and globally. Small business owners should pay close attention, as Visa’s initiatives highlight a critical shift in the marketplace: creators are not merely influencers; they are entrepreneurs vying for a strong foothold in the economy. Visa’s study, conducted in partnership with Morning Consult, surveyed over 1,000 TikTok creators from regions including the U.S., Brazil, Australia, the U.K., and the U.A.E. The findings reveal not just the challenges these creators face but also their growing resilience. According to Jonathan Kolozsvary, Global Head of Small Business for Visa Commercial Solutions, “Creators are among the most dynamic small business segments in the world.” Key highlights from the report demonstrate a robust momentum among creators: Optimism: A striking 88% of the creators surveyed expect their revenue to increase within the next year, suggesting a strong confidence in their economic prospects. Funding Challenges: While creators often rely on personal funds, community support, and innovative financing models like crowdfunding, there remains a pressing need for tailored financial products designed specifically for their unique scenarios. Global Reach: More than half (52%) of the creators surveyed receive payments from outside their home countries. This underscores the need for modern payment solutions capable of handling cross-border transactions efficiently. Support Networks: A remarkable 94% of creators report encouragement from friends and family, enhancing the perception of content creation as a serious long-term career choice. The report emphasizes that many creators are actively enhancing their business skills, particularly in areas like financial management and contract negotiation. Small business owners can relate to this journey, as both groups often navigate similar hurdles in building their enterprises. Visa’s exploration of a new creator agentic pilot program with Karat Financial will focus on easing common administrative burdens faced by creators. Karat, a financial technology leader in the creator community, specializes in credit services and banking solutions tailored to these entrepreneurs. The proposed pilot program promises to include several practical tools that could benefit small business owners: Smarter Payments: Automation that simplifies the processes of sending, receiving, and tracking payments, making it easier for small businesses to manage cash flows. Automated Reminders: Features that follow up on late invoices—essential for maintaining cash flow and ensuring timely payments, which are often a struggle for small businesses. Trusted Database: A centralized system where users can store and verify their buyer and supplier details, potentially reducing the risk of fraud. However, while these developments are promising, small business owners should also remain cautious. Transitioning to new financial tools and systems might require training or adjustments in current business practices. Understanding how these tools integrate with existing operations is crucial to maximizing their benefits. Visa reiterates its commitment to supporting the creator community, which has only solidified its acknowledgment of creators as valuable small businesses. The initiatives outlined not only aim to drive growth and innovation but also address the unique challenges that creators face in today’s digital landscape. For those interested in diving deeper into the findings and implications of Visa’s 2025 Creator Report, the full report can be accessed here. In an evolving economy, the integration of creative entrepreneurship with traditional small business frameworks may redefine how these entities operate and grow, turning them into pivotal contributors to economic resilience and expansion. Image via Google Gemini This article, "Visa’s 2025 Creator Report Reveals Optimism and New Support Initiatives" was first published on Small Business Trends View the full article

At the recent Web Summit 2025, Visa revealed exciting developments aimed at empowering digital creators—a group increasingly recognized as vital small businesses. With their new 2025 Creator Report and plans for a collaboration with Karat Financial, Visa aims to provide modern tools and resources to help creators grow both locally and globally. Small business owners should pay close attention, as Visa’s initiatives highlight a critical shift in the marketplace: creators are not merely influencers; they are entrepreneurs vying for a strong foothold in the economy. Visa’s study, conducted in partnership with Morning Consult, surveyed over 1,000 TikTok creators from regions including the U.S., Brazil, Australia, the U.K., and the U.A.E. The findings reveal not just the challenges these creators face but also their growing resilience. According to Jonathan Kolozsvary, Global Head of Small Business for Visa Commercial Solutions, “Creators are among the most dynamic small business segments in the world.” Key highlights from the report demonstrate a robust momentum among creators: Optimism: A striking 88% of the creators surveyed expect their revenue to increase within the next year, suggesting a strong confidence in their economic prospects. Funding Challenges: While creators often rely on personal funds, community support, and innovative financing models like crowdfunding, there remains a pressing need for tailored financial products designed specifically for their unique scenarios. Global Reach: More than half (52%) of the creators surveyed receive payments from outside their home countries. This underscores the need for modern payment solutions capable of handling cross-border transactions efficiently. Support Networks: A remarkable 94% of creators report encouragement from friends and family, enhancing the perception of content creation as a serious long-term career choice. The report emphasizes that many creators are actively enhancing their business skills, particularly in areas like financial management and contract negotiation. Small business owners can relate to this journey, as both groups often navigate similar hurdles in building their enterprises. Visa’s exploration of a new creator agentic pilot program with Karat Financial will focus on easing common administrative burdens faced by creators. Karat, a financial technology leader in the creator community, specializes in credit services and banking solutions tailored to these entrepreneurs. The proposed pilot program promises to include several practical tools that could benefit small business owners: Smarter Payments: Automation that simplifies the processes of sending, receiving, and tracking payments, making it easier for small businesses to manage cash flows. Automated Reminders: Features that follow up on late invoices—essential for maintaining cash flow and ensuring timely payments, which are often a struggle for small businesses. Trusted Database: A centralized system where users can store and verify their buyer and supplier details, potentially reducing the risk of fraud. However, while these developments are promising, small business owners should also remain cautious. Transitioning to new financial tools and systems might require training or adjustments in current business practices. Understanding how these tools integrate with existing operations is crucial to maximizing their benefits. Visa reiterates its commitment to supporting the creator community, which has only solidified its acknowledgment of creators as valuable small businesses. The initiatives outlined not only aim to drive growth and innovation but also address the unique challenges that creators face in today’s digital landscape. For those interested in diving deeper into the findings and implications of Visa’s 2025 Creator Report, the full report can be accessed here. In an evolving economy, the integration of creative entrepreneurship with traditional small business frameworks may redefine how these entities operate and grow, turning them into pivotal contributors to economic resilience and expansion. Image via Google Gemini This article, "Visa’s 2025 Creator Report Reveals Optimism and New Support Initiatives" was first published on Small Business Trends View the full article

The long roar of speculation about the Budget has already damaged market confidenceView the full article

When you're too tired to lead, step aside. Gear Up for Growth With Jean Caragher For CPA Trendlines Go PRO for members-only access to more Jean Marie Caragher. View the full article

When you're too tired to lead, step aside. Gear Up for Growth With Jean Caragher For CPA Trendlines Go PRO for members-only access to more Jean Marie Caragher. View the full article

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. A small upgrade can make an old TV feel new again, and the Amazon Fire TV Stick HD is the kind of plug-and-play streaming device that does exactly that. It’s down to $17.99 right now (from $34.99), which price-tracking sites confirm is its lowest recorded price. Amazon Fire TV Stick HD (1080p) $17.99 at Amazon $34.99 Save $17.00 Get Deal Get Deal $17.99 at Amazon $34.99 Save $17.00 PCMag calls it “the best 1080p media hub” for folks sticking to Full HD, and that lines up with how simple it is to set up. The stick slides straight into an HDMI port, and Amazon also includes a short extender in case your TV’s ports are too tight. It runs in 1080p and supports HDR10, so shows and movies mastered for HDR look a bit richer, even on older screens. I wouldn’t expect a dramatic jump in picture quality, but scenes with a lot of contrast—the kind with bright signage or dark backgrounds—look more defined. It also supports Dolby Atmos, which helps when you pair it with a soundbar that can handle it. Using it day to day feels familiar if you’ve used any recent Fire TV interface. You get all the usual streaming services—Prime Video, Netflix, Hulu, Disney+, YouTube, Apple TV+, even Crunchyroll and Twitch. The Alexa button on the remote works like it does on other Fire devices: press, talk, let it find what you want. The remote itself feels simple enough to use, and the built-in volume rocker is helpful if your TV remote is long gone. It relies on a quad-core 1.7GHz processor, 1GB RAM, and 8GB of storage. That’s enough for the basics, but you’ll feel its limits from time to time. The interface can get choppy, especially when you jump across tabs quickly or open a large library. Reviews also point out that the stick still uses wifi 5 instead of wifi 6, which matters if your home has a lot of devices fighting for bandwidth. This is strictly a 1080p device, so if you have a 4K TV (or plan to get one), the Fire TV Stick 4K is just $7 more and offers smoother performance, better wifi, and Dolby Vision. It also doesn’t support AirPlay or Google Cast, so sending videos from an iPhone or Android phone isn’t as seamless. Still, for someone with an older TV who wants the modern streaming apps in one place, the current $18 price makes it feel like a low-risk upgrade. Our Best Editor-Vetted Tech Deals Right Now Apple AirPods 4 Wireless Earbuds — $84.99 (List Price $129.00) Apple iPad 11" 128GB A16 WiFi Tablet (Blue, 2025) — $324.99 (List Price $349.00) Shark AV2501AE AI XL Hepa- Safe Self-Emptying Base Robot Vacuum — $294.99 (List Price $649.99) Apple Watch Series 10 — $279.00 (List Price $429.00) Amazon Fire HD 10 (2023) — $69.99 (List Price $139.99) Sony WH-1000XM5 — $297.98 (List Price $399.99) Blink Outdoor 4 1080p Wireless Security Camera (5-Pack) — $159.99 (List Price $399.99) Ring Floodlight Cam Wired Plus 1080p Security Camera (White) — $99.99 (List Price $179.99) Amazon Fire TV Stick 4K Plus — $24.99 (List Price $49.99) NEW Bose Quiet Comfort Ultra Wireless Noise Cancelling Headphones — $299.00 (List Price $429.00) Deals are selected by our commerce team View the full article

As a community organizer in New York City, Sharifa Khan spends a lot of time visiting food distribution hubs, community gardens, and local shelters. While speaking with community members, she often encounters the same issue: people want to get involved in volunteering, but they’re not sure where to start. So, Khan decided to make a tool to address that—and it couldn’t have come at a more important moment. Dora.nyc, short for Directory of Resources & Aid, is a new website dedicated to compiling New York City’s mutual aid offerings into one easy-to-understand resource. It’s designed both for those seeking aid—like food, housing, and immigration services—as well as those looking for places to offer help. The website was created through a collaboration between Khan, who runs an organization called Hope Altars; Cornell PhD student Johan Michalove, who builds digital mutual aid tools through a project called Mutua; and the NYC Resource Library, which compiles lists of local mutual aid resources. dora.nyc The website comes as the government shutdown has led to a pause in the SNAP food aid program, which provides food stamps to about one in eight Americans. This month, millions of low-income Americans have been left without the full benefits that usually help them afford basic necessities. Now that the shutdown has ended, SNAP funding is set to resume, although it’s still unclear how quickly recipients will receive their benefits. Dora.nyc offers New Yorkers a clearer picture of where aid is available—and, Khan and Michalove say, it’s a concept that they think other urban areas could replicate. AsiyahBryce Lacy How to use dora.nyc The dora.nyc page’s UI, designed by Michalove, is organized under two main categories: space and time. On the top of the site is a map of NYC’s five boroughs with markers for resources across the city. “Resources,” in this case, are defined as any kind of aid with a permanent presence in the area. These markers are color-coded by category, like distribution hub, shelter, housing, elder care, community fridge, and more. Users can navigate the map by region and click on any of the markers to learn more about the associated resource. The bottom half of the map is a calendar, organized Monday through Friday, that lists food distribution events by place and time. This part of the website includes recurring food distribution events, but can also feature one-off pop-ups or services that take place on an irregular schedule. dora.nyc Like the map, the calendar section is color-coded by region, and users can filter it by their local borough. Michalove also added an AI-powered search feature that lets users enter queries in plain language, like, “Where is there food near me” or “Where can I find a shelter in Brooklyn,” to easily find resources that match their needs. Anyone who would like to add a new resource or food distribution time to the website can do so via a set of forms in the top right of the site, which are individually vetted by Khan. “When you’re already stressed about needing access to food, and there’s the added stress of figuring out where to go, this can alleviate that one factor,” Khan says. “That is actually something someone mentioned to me directly. They said, ‘When I was struggling to find distro sites, I wish this tool existed.’” Dora.nyc’s premise may seem simple, but the website’s genius is its ability to condense information that’s historically been shared more disparately. Bryce Lacy Why dora.nyc’s premise makes so much sense Khan and Michalove have been working on dora.nyc since the summer, but sped up their development process when they heard the news of the SNAP shutdown. The idea initially came when Khan realized that information about food distribution and other mutual aid events was primarily being shared through social media posts or WhatsApp group chats—spaces that some community members, especially older folks, might not have access to. “I think a lot of times, we assume that everyone has the autonomy to put those pieces together,” Khan says. “That really does neglect a ton of factors that people are facing on a personal basis, like socioeconomic factors that are impacting their capability to go out there and find places to volunteer, for example.” Khan and Michalove pooled both her experience in community organizing and an existing list of resources from NYC Resource Library to build dora.nyc’s foundational database. Eventually, Khan says, she hopes to use dora.nyc to help different shelters across the city share resources among themselves—like, for example, if one food distribution site ends up with extra food items, those might more easily be sent to another site in need. Bryce Lacy So far, Khan has already heard from one site that a visitor found them through the dora.nyc map. She’s also helped several older community members, who may not have access to social media sites like Instagram, to add dora.nyc to their bookmarked websites. “I’ve shown aunties, specifically my Caribbean aunties, how to use it, and you can see the delight on their faces,” Khan says. Michalove and Khan agree that the model could be replicated in other cities, if local community organizers can establish an adequate vetting process for proposed sites. “When you make the goodwill visible, it gives people a direction toward how they can organize and help, because they see, ‘Oh, there are so many community fridges, maybe I could add one to my neighborhood or do a distro where I’m located.’ It gives people more of a focus toward how they can contribute.” View the full article

Here is a recap of what happened in the search forums today...View the full article