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Low-Cost Franchises Surge as $100,000 Startups Gain Appeal

Low-cost franchises requiring less than $100,000 in startup capital are rapidly gaining traction as an alternative path for entrepreneurs. The association said models such...

Laid off after their Starbucks closed, 5 friends spent 6 weeks building a café of their own

Layoffs became a chance for a reset. For Jesus Hernandez, Kevin Pacheco, Ryan Pizarro, Ryan Kim, and Brian “Franco” Vazquez, the abrupt closure of their...

Korean American’s $130K Frozen After Federal Court Order Mistake

A Korean American business owner in Orange County was left shocked when $130,000 suddenly disappeared from his Bank of America account — the result...

LA small business loan program offers up to $300K for city contracts

The City of Los Angeles has launched a $1 million loan program to support local small businesses contracting with the city, helping them cover...

As police don’t act, restaurants fight dine-and-dashers, shaming them online

As police rarely pursue small-dollar walkouts, Koreatown restaurants are posting CCTV clips to shame offenders, recover losses, and deter future thefts. The tactic brings fast results—but also risks.

Trump Reverses 1099-K Rule, Raises Payment App Reporting Limit to $20,000

Tax reporting requirements for users of third-party payment apps like Venmo and PayPal are being significantly relaxed under new federal legislation.   On July 4, President...

Korean American restaurants struggle despite record U.S. dining sales

Despite the booming U.S. restaurant industry, Korean American restaurant owners in Los Angeles are reporting some of the toughest times in recent memory. “I can...

Immigration Crackdown Chills Los Angeles Economy, Small Businesses Hit Hard

An intensified immigration crackdown across Southern California is shaking the Los Angeles economy. The campaign, now in its second week, has triggered widespread anxiety...

Fair Oaks Burger Reopens After Eaton Wildfire, Becomes Symbol of Recovery

A Korean American family-owned restaurant in Altadena, Fair Oaks Burger, has reopened six months after closing due to the Eaton Canyon wildfire. The reopening...

Federal Tip Tax Exemption Bill Advances Toward House Vote

A proposed federal bill to exempt tip income from federal income tax is advancing in Congress, drawing both optimism and concern among Korean American...

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