Buying & Selling a Business

The State of Iowa has now created a fund to help Targeted Small Businesses with no employees that have been impacted by the Covid-19 pandemic. The program offers eligible small businesses grants ranging from $5,000-$10,000 to businesses that are single owners with no employees that are also TSB certified, or have an application submitted to

Small businesses in Iowa can apply for grants up to $25,000 to assist during the coronavirus pandemic. The money comes from approximately $4 million in disaster money before the legislature postponed its session earlier this month and monies already available through the Iowa Department of Economic Development.

Eligible businesses include those with between 2 and

Iowa Governor Reynolds announced that first quarter unemployment tax payments that are due April 30th  will be delayed till the end of the 2nd quarter, July 31, 2020.  Eligible employers include those employers with 50 or fewer employees. Eligible employers also must be in good standing with no delinquencies in quarterly payments.

To qualify for

Governor Reynolds announced on Saturday, March 21st that the U.S. Small Business Administration (SBA) has issued a disaster declaration for the state of Iowa as of January 31, 2020 and continuing. The declaration allows pandemic-impacted small businesses to apply for low-interest support loans. The declaration comes after Iowa Governor Kim Reynolds submitted a federal funding

The Brick Gentry Law Firm is here for you during these challenging times. We have temporarily moved to a virtual, technology-driven, remote work day for many of our attorneys and employees. Working with our IT team we have assured the security of our network and information exchange. We have also asked everyone to temporarily stop

The Iowa Secretary of State sent out a Tweet on March 18, 2020 concerning filings and the closing of its office lobby until March 27, 2020. Fastrack filing procedures are still in process so corporate filings may still be conducted. As I have indicated, I have access to Fastrack filing access so I am able

This post continues in a series of posts I am writing on franchise investing. The series of posts initiated with an article I read outlining what private equity investors like about franchising. Today, I want to touch on the  third “ingredient” of the Secret Sauce which is whether the product or service has universal

This post continues in a series of posts I am writing on franchise investing. The series of posts initiated with an article I read outlining what private equity investors like about franchising. Today, I want to touch on the second “ingredient” of the Secret Sauce which is whether the product or service is “on

I recently posted on the Secret Sauce for Franchise Investing. The post features an article outlining what private equity investors like about franchises. Today, I want to touch on the first “ingredient” which is whether the franchise’s product is straight-forward and consistently replicated.

This is much harder than you may think for franchise

For the last 40 years, Entrepreneur Magazine has released its Franchise 500 List, ranking the “best” Franchises in America. They rank them based on Five Pillars: Costs & Fees, Size & Growth, Support, Brand Strength, and Financial Strength & Stability. The giants at the top aren’t much of a surprise, with McDonald’s, Dunkin’, and Taco Bell all in the top 5. Many other big names are also scattered on the list. The Franchise 500 gives information on investment costs, and many other things you can expect if you decide to purchase a franchise for a specific company. If you are interested in purchasing a franchise, this list can be a great asset. However, it shouldn’t be your only resource, and most certainly does not tell the whole story.
Continue Reading Looking for a Franchise? Don’t Just Rely on the Franchise 500 and other Lists