April 26, 2018
Small business owners such as Sandeep Thakrar are overhauling their 2018 business plans as a result of the sweeping federal tax cuts, with many saying they’ll use their savings to boost investment, hire more workers and dole out raises, a new Bank of America survey shows.
Thakrar leads Neema Hospitality, which operates 10 limited-service hotels in Pennsylvania, Maryland and West Virginia under the Marriott, Hilton, Choice and IHG brands. Among his plans: renovations at his properties. He’s even considering expanding.