Does Alternative Lending For Your Pennsylvania Wine Or Hospitalty Business Sound Enticing?

We can all probably agree that building your new winery or hospitality business takes hard work, dedication, perseverance and boatload of money. Whereas the baby boomer generation typically relied on traditional forms of financing such as bank loans, savings accounts, small business administration loans and daddy, today’s millennial entrepreneurs are turning to non-traditional forms of financing and lending sources. seed$images

Millennial hospitality and wine business entrepreneurs who have struggled to find access to capital are relying now on more organic ways to fund their wine and hospitality businesses. One such way is by pursuing alternative crowd-funding financing. Crowd-funding, also known as peer-to peer lending, is a popular and growing alternative method of raising money.

Unlike an angel investment in which one person typically takes a larger stake in a small business, crowd-funding attracts a crowd of people, each of who take a small stake in a business by contributing towards an online funding target. Its main benefit is the creation of a strong network of support for your business. Your investors often become your evangelists for your brand.

On such crowd funding source is Kickstarter (www.kickstarter.com). Typically there is no cost to launch a crowd-funding campaign. If you business is successful in its funding, Kickstarter takes a small fee plus payment processing. If your campaign fails, there are no fees.

Crowd-funding can provide a fantastic opportunity but it should not be taken lightly. You may wish to contact your lawyer or CPA for professional assistance. For more help and information on this alternative financing source, you should also consult the Small Business Administration’s (www.SBA.GOV) online course on Crowdfunding for Entrepreneurs.

Now go out there and “show me the money.”

Pennsylvania Regulators Make Way For Beer Home Delivery

While most beer buyers have to purchase beer by the case or keg from a distributor, new changes are underway with the Pennsylvania Liquor Control Board that make way for less restrictive rules around the beer imagesselling of beer in Pennsylvania.

The PLCB’s recent changes underway allow for the selling of a 12-pack of beer or less with food orders from businesses that have a “Transporter-for Hire” License. The purchase of beer must be processed in advance in the store prior to delivery. In other words, the beer has to be paid for over the phone with a credit card. Proper ID must be provided in an effort to avoid selling to minors.

This new change comes as good news to many restaurants and businesses hoping to boost their profit margins. For more, see below:

May Your Holiday Wishes Be Filled With Good Wine and Cheer!

Happy holidays and best wishes from the Law Offices of Judy M. Young, LLC. Its hard to believe its been almost eightchristmas-holiday-wallpaper years since the launch of Pennsylvania Winery and Hospitality Lawyer. Its been a real joy and a blessing to serve the needs of the Pennsylvania wine and hospitality community. As 2015 approaches, we look forward to serving your future legal needs. We hope your new year is filled with good health, happiness, and cheer.

Pennsylvania Wine Bloggers: Who’s Got The Juice In 2014?

The public voting is complete for the 2014 Wine Blog Awards. The public has spoken and these lucky winners are the folks who’ve got the juice! A special shout out to Philly’s own Wine School of Pennsylvania. You do Pennsylvania proud.
Best Blog Post of the Year
Lauren Mowery’s Turkish Wines: Vinkara Winery Working to Preserve Indigenous [...]

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Are Pennsylvania Wine Buyers Discerning Worthless Wine?

U.S. wine drinkers are the biggest wine consumers in the world. Perhaps that’s good news for the American wine consumer. Because it didn’t take long for some very discerning wine drinkers to realize they were drinking counterfeit wine. In other words, fake wine bottles with fake wine labels were being shipped overseas for [...]

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PLCB Regulatory Changes Comes To Pennsylvania Limited Wineries

Effective March 1, 2014, the Pennslyvania Liquor Control Board announced regulatory changes that affect Limited Winery Licensees around the state. The PLCB has eliminated the requirement that prohibited in state wineries from selling bottles for less than the same wine sells for at the state operated Wine and Spirit Stores. The recent change is [...]

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Pennsylvania Winery, Bar, and Restaurant Licensee’s Encouraged To Ring In The New Year Responsibly

As New Year’s Eve 2014 approaches and partygoers abound, Pennsylvania Limited Winery, Bar, and Restaurant Licensee’s are reminded to protect their licenses by remembering not to serving visibly intoxicated or underage persons. Liquor Enforcement Officers from the Pennsylvania State Police will be out and about, enforcing the Pennsylvania Liquor Code.
Both uniformed and undercover liquor [...]

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Government Shutdown Stands To Create Economic Losses for Pennsylvania Wineries

For those of us in the wine industry, the government shutdown has brought the wine approval business to a halt. Federal approval for new wineries and/or wine labels is handled by the Federal Tobacco Tax and Trade Bureau (TTB). For purposes of the government shutdown, the TTB has been deemed non-essential. The Federal [...]

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A Best Business Practice For Your Pennsylvania Hospitality Business

One of the most difficult factors to comply with when forming a Limited Liability Corporations (LLC) is to remember that you and your business are not the same. This is especially significant for LLC’s that have a single member or handful of members.
As the LLC owner, you are distinguishable now as the Agent [...]

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Protecting Your Pennsylvania Winery and Hospitality Business Summertime Event

Now that summertime is here, your Winery, Restaurant, Wine Business or Bed and Breakfast may permit using your facility for events such as festivals, weddings, outdoor jazz concerts and other events that attract customers to your venue and promote goodwill in your community.
When working with event planners you’ll need to remember to have a [...]

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