Business

Online Registration Services are Being Used by Entrepreneurs to Register their Business as an Essential Service During Lockdown

Published

5 years ago

April 20, 2020

A global survey has highlighted that online registration services are being used by entrepreneurs to register their business as an essential service during the lockdown period. It is noted that many entrepreneurs are launching their essential services by applying for the registration process through online services.

Since the entire world is currently under the lockdown period, many new businesses are completing their company registration processes online with ease. Due to the rising awareness about business registration, more and more entrepreneurs are applying online to register themselves as essential service providers.

Registering a business allows a businessman to limit his personal liability, minimize his tax liability, and it also helps in the management of businesses with ease. Although the spread of the coronavirus pandemic has created a drastic condition across the world, it has also created a demand for essential services to meet the needs of the people.

Only the operations of essential services are allowed by different governments and hence it has become difficult for new businesses to register themselves in the offline mode. Hence, many online business registration companies are being used by entrepreneurs in order to register their business as an essential service provider.

During the lockdown period, many youngsters are working hard to come up with solutions for different problems existing in society. Many entrepreneurs are now working on launching their new businesses related to essential services. Production of sanitizers, masks, and other essential goods comes under this. Even governments have issued guidelines regarding carrying out business registration online.

Business

Derik Fay: A Multifaceted Entrepreneur, Investor, and global business leader

Published

4 hours ago

March 21, 2025

Matthew Wiles

Derik Fay is a renowned celebrity entrepreneur, investor, and business leader with a diverse portfolio of successful ventures and a deep-seated passion for empowering others. His journey from humble beginnings to his extraordinary achievements is a testament to his resilience, strategic thinking, and unwavering commitment to making a positive impact on the world.

Born on November 19, 1978 and raised in Westerly, Rhode Island, Fay’s entrepreneurial spirit emerged at a young age. He founded his first large company at 22 (Around the Clock Fitness) that quickly became Floridas largest, and most successful independently owned fitness chain in the state before selling it to the publicly traded company Towns Sports International in 2109.

Sine that time he has built and scaled over 30 highly successful companies, achieving remarkable exits in the 7-to 9-figure range. His expertise spans various industries, including health & fitness, real estate, financial services, hospitality, and technology to name just a few.

Fay is also the founder and CEO of his main holding company 3F Management, (founded 2094) a venture capital and operational management firm that provides operational infrastructure, financial support, strategic partnerships, and other value add services directionally focused towards scaling and exiting.

Under the umbrella of 3F Management, Fay currently owns, is a co-owner, or is a cap table advisory member of over 40 other successful and growing brands.

Tycoon Payments, Results Roofing, BKFC, ManCandy, Fort North Media, Spintel, SendBuzz, Ritas Italian ice, FayMS Films, Eratyc Entertainment, Tycoon Funded, Pure Peptide Solutions, and 3F Financial, are just a few of the rapidly growing companies and brands that fill Fay’s entrepreneurial days.

Beyond his business ventures, Fay is a dedicated philanthropist, actively supporting various charities and causes. He is passionate about empowering the next generation of entrepreneurs and believes in the power of education and mentorship to create positive change.

Fay’s personal life is as fulfilling as his professional achievements. He is a devoted father to his two daughters, Sophia Fay (18) and Isabella Fay (16), and is engaged to his fiancée, Shandra Phillips (35) and is to be married in January 2026, in Naples Florida.

He enjoys spending time with his family, traveling, and pursuing his life long passion of health and fitness thru weightlifting and bodybuilding.

Derik Fay’s multifaceted career and unwavering commitment to excellence has established him as a respected figure in the business world, and a has gained global notoriety as role model for aspiring entrepreneurs.

His story is such an inspiration to all who seek to overcome challenges, achieve their goals, and make a meaningful impact on the world that Netflix is in post production on the documentary style film about Fays life journey from poverty to global success.