latest news in Small Business

Shared Kitchens Emerge as Solution to High Restaurant Failure Rates

Pittsburgh, Sunday, 8 March 2026.
With sixty percent of new restaurants failing within three years, Pittsburgh entrepreneurs are increasingly turning to shared commercial kitchens to mitigate financial risks and ensure sustainable growth.

New York City Restaurant Fee Cuts Spark Safety Debate Over Ventilation Standards

New York, Monday, 2 March 2026.
Mayor Zohran Mamdani’s Executive Order 11 delivers financial relief to NYC’s hospitality sector by slashing administrative fees, yet the move has ignited a critical debate over public safety. While restaurant owners welcome the savings, fire safety experts warn that reducing regulatory burdens must not be mistaken for permission to neglect essential ventilation maintenance. The most pressing reality is that while fees may drop, the physical risk of grease fires remains a constant threat that legislation cannot extinguish.