A new program from the non-profit Iowa Foundation for Microenterprise and Community Vitality (IFMCV), will provide a statewide mechanism for Iowa’s microentrepreneurs to connect with community development agencies for assistance. Among the groups spearheading the effort are the Greater Des Moines Community Foundation and the Community Vitality Center (CVC), a policy analysis center based at
Buying & Selling a Business
Iowa Secretary of State Corporate Biennial Reports Due Today
It’s no April Fool’s joke, the Iowa Secretary of State corporate biennial reports are due today, April 1, 2008. If you have not filed your report be sure to do so today. In Iowa, limited liability companies are also required to file the report. If you file online the cost is $30.00 for the filing…
Great Business Resources
Ohio business lawyer Terri Rasmussen has an excellent overview of the resources available on the SBA Website. (With a hat tip to Joel Libava on the Small Business Trends Blog for the original post). Terri also refers to a helpful post from Anita Campbell on the Ten Ways Business.gov Helps Your Business.
While I…
A Must Read: Cautionary Tale About Partnership
A cautionary tale about partnership from Richard Fox on the Kauffman eVenturing site is an absolute must read. Fox shares how he thought his legal background would protect him well as he created shareholder agreements, buy/sell agreements, voting trusts, special bylaws and articles of incorporation when he entered into a business partnership. But even he was surprised…
Rush Nigut Joins Brick Gentry, P.C. Law Firm
Today is my last day with the Sullivan & Ward law firm. This coming Monday I am taking a hop, skip and a jump over to the law firm of Brick Gentry, P.C. in West Des Moines, Iowa. This is actually almost literally true as the Brick Gentry law firm is located across the parking lot just to the west…
Ten Tips for New Small Businesses
Here’s some great tips for new small businesses. Some terrific advice. The top ten tips as listed:
- Save up as much money as possible before starting.
- Start on a shoestring.
- Protect your personal assets.
- Understand how–and if–you will make a profit.
- Make a business plan, no matter how short.
- Get and keep a competitive edge.
- Put
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Key Differences Between UFOC and New Franchise Disclosure Document
As disclosed in the last post the new amended FTC rule concerning franchise disclosure documents requires franchisors to update their UFOC by no later than July 1, 2008. After July 1, 2008, franchisors must comply with the new FTC rule only. Currently, franchisors may comply with either the former rule or the new rule.
Here…
Franchise Disclosure Document Pitfalls
Interested in franchising your business and have an extra 36 minutes?
You may want to listen to this informative podcast on AllBusiness featuring franchise lawyers Julie Lusthaus and Warren Lewis discuss the pitfalls of the Franchise Disclosure Document (formerly known as the UFOC).
The new amended FTC rule concerning franchise disclosure documents requires franchisors to…
Blawg Review #147
Welcome to a RAGBRAI inspired Blawg Review. What is RAGBRAI? The Register’s Annual Great Bicycle Ride Across Iowa is an annual seven-day ride across the state. Heading into its 36th year, RAGBRAI is the longest, largest and oldest touring bicycle ride in the world. It’s not a race. It’s an experience. And since Blawg…
Focus on Doing It Right the First Time
Chris Moander of the Wisconsin Business Law and Litigation Blog shares his take on the timeless advice that business people can pay for it now . . . or pay for it later. Chris points out that many business people sadly lump legal services into the "too costly" or "unnecessary" categories when it comes to…