Do you have an estate plan? It has been reported that approximately sixty percent of people in the U.S. do not have a will. Of course having a will is critical if you have children but let’s not forget about another baby – your business.
As the owner of a closely held business much
One of my franchisee clients offered a very simple question that every prospective franchisee should ask of other franchisees when conducting due diligence:
What doesn’t the franchisor do well?
He says this evoked the best responses from franchisees when he conducted his due diligence. If you are considering a franchise be sure to talk to
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
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
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 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
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
Here’s some great tips for new small businesses. Some terrific advice. The top ten tips as listed:
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
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
