Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
A recent case reported in the Des Moines Register discusses how a handshake deal on the sale of a home went awry for a man that apparently invested over $100,000 in a home – only to learn the home was not his.
Actually there was a one-line agreement in this instance which read, "I Floyd…
How Business Gets Done, Words of Wisdom from Central Iowa Experts has hit the virtual bookshelves at www.lulu.com. I am honored to be a contributing author with several respected peers in our business community. My chapter is on the Partnership Prenuptial where I discuss the importance of drafting a buy-sell agreement from the beginning…
Whether you are starting a business from scratch or buying an existing business you should consider setting up a corporation or limited liability company (LLC) before you actually sign any agreements or documents relating to your new venture. To the extent possible, avoid signing any contracts, loan agreements or leases in your personal name. In…
Looking for money for your business? Check out the entrepreneurial resource guide from Biz. The guide explores and explains grants, loans and assistance programs.
I am excited to speak at the Biz on How To Choose the Right Business Structure for Your Business. The presentation is June 17th at 11:30 a.m. The admission fee…
From time to time I enjoy featuring a business law blog worth reading. The San Diego Small Business Law Blog from Joseph Dang is definitely one to check out. Although the blog is centered on California law, Joseph has a number of general posts that are helpful to any small business owner.
In particular, I encourage…
A few weeks ago I attended a conference relating to venture capital in Iowa. During the talk several of the panelists commented that they would not sign a non-disclosure agreement prohibiting them from discussing a potential business idea they learned about from someone seeking capital. The venture capitalists did not want potential liability for ideas that…
I am excited that the Wall Street Journal featured Rush on Business as one of the blogs that provide insight for would-be franchisees. One of my passions for a long time on the blog is providing information to franchisees on pre-investment due diligence. Recently I ran across a potential franchisee that was told by a…
I’ll be one of the speakers at the Raising Capital seminar sponsored by BIZ this Tuesday, March 24th at 8:00 a.m. The seminar admission fee is $30.00 and features entrepreneurs, venture capitalists and accountants. The seminar is designed to help the entrepreneur plan successfully for an investment in their business.
For more read here.
In these tough economic times many individuals have lost their jobs. As a result, many are thinking of opening their own business or buying a franchise to replace the income lost from their former job. Franchise lawyer Charles Internicola has an excellent post on the topic. Charles has also published a new book, An…
Partnership agreements (also known as Buy-Sell Agreements) are like prenuptial agreements for people that are in business together. The formation of any business with multiple owners should include a buy-sell agreement. Why? Because reality dictates that it is not a matter of IF your partnership will end, but rather WHEN your partnership …