November 2008

Rush Nigut of the Brick Gentry law firm represents businesses that are interested in expanding their business through franchising. His services for franchisor clients includes drafting and implementation of the franchise disclosure document (FDD) and franchise agreement plus assistance with the franchise operations manual.  He is also available to serve as general counsel to the…

I recently received an email from a business brokerage advertising their services.  In the email the brokerage said they have "low-risk" businesses and franchises for sale. While that may make for good marketing – I must unfortunately say that "low-risk" businesses do not exist in my opinion. If our struggling economy has shown us anything, it…

In this current economic downturn many people will lose their jobs.  Many of those individuals will turn to franchising as a form of business ownership instead of opting for another position in the corporate world.  While franchising may be a legitimate option for some, it is important for prospective franchisees to remember that it is…

Good article on IowaBiz regarding insurance for employee lawsuits.  Most businesses would be smart to explore this type of insurance coverage, especially in today’s slumping economy.

I think many small businesses are under the mistaken believe that they are covered for employment lawsuits through their ordinary business liability coverage. This is usually not the…