I have received a number of calls recently about starting a franchise operation. On the one hand, it is awesome because the interest in franchising among Iowa business owners definitely seems to be growing. But on the other hand, most of these business owners are not ready to begin the leap into franchising just yet.
Buying & Selling a Business
Protect Your Confidential Business Information
I often see cases involving the theft of confidential business information by former employees. Attorney Eric Roth has some helpful tips in a recent blog post on how to deal with the problem.
The main take away reminder in my opinion is to take action to protect your trade secrets BEFORE it becomes a problem.…
Roles of Shareholders, Directors and Officers in Closely Held Businesses
I came across this blog post from the Family Business Advocates Blog and thought it was worth sharing. The post describes the various roles of shareholders, directors and officers in closely held family businesses. It’s good information on a topic that is often misunderstood by small business owners.
Read the post here.
Iowa Governor Branstad to Cut $7.7 Million from Judiciary Budget
Governor Branstad announced his proposed budget yesterday with $110 million in cuts. This includes $7.7 million in budget cuts for the judiciary.
The budget cuts in the judiciary are alarming. Today, Chief Justice Mark Cady will give his state of the judiciary address. It will be interesting to hear his comments based upon the…
Best Lawyers in America® Recognition for Brick Gentry Lawyers
Several Brick Gentry lawyers were recently recognized by Best Lawyers in America® for 2016-2017.
See the full article here.
Rush Nigut was named one of the Best Lawyers in America® in three categories including:
- Business Organizations (including LLCs and Partnerships) (Firm receiving a Tier I rating);
- Closely Held Companies and Family Business Law
- Franchise
…
Square One DSM Startup Stories to Feature iEmergent
Laird Hedlund Nossuli, CEO, and Bernard Nossuli, COO will join Mike Colwell for the September edition of Square One DSM Startup Stories to share the tale of a vision conceived and brought to life by company founder and Laird’s late father Dennis Hedlund.
I have had the good fortune of working with this company and…
Important Reminder: Review Your Estate Plan
There is a really good article in the Des Moines Register today written by Frank Mokosak discussing how a periodic review of your estate plan will alert you to any necessary changes. It seems to come in waves in my legal practice but recently I have had a number of clients need to change…
Investigate Franchises Carefully Before Investing or Buying
In the Des Moines Register today there is an article about a food truck franchiser that allegedly got cross-wise with investors and franchisees. The article shows just how critical it is to perform due diligence when it relates to franchises (or any other business opportunity). I have a number of posts available I have…
How Do Presidential Candidates Stack Up on Small Business Issues?
I normally try to avoid political issues and discussion because really it does me no good. I am sure to tick someone off because I have clients who are on both sides of the aisle and some that are not political at all. But since the Iowa Caucuses enjoy first-in-the-nation status, I’ve decided to join…
Should Non-Compete Agreements Be Enforceable in Iowa?
People often mistakenly believe that non-compete agreements are not enforceable in Iowa. Sometimes people think that because Iowa is a “right to work” state that means non-competes are not valid or other times people may have “heard” non-competes aren’t valid. Neither is correct. Non-competes in Iowa are enforceable in Iowa under appropriate circumstances.
But recently…