Starting a business can seem overwhelming.
Between navigating legal requirements, tax issues, filing paperwork, and making sure you’ve checked all the boxes, things can get complicated fast. But here’s some good news: the Iowa Secretary of State has a Fast Track Filing system that makes forming an LLC or corporation easier and quicker than ever
Thinking about buying a business?
It’s a big decision, but choosing between a franchise or an independent business can shape your entire experience. Both have their perks—and their pitfalls. So how do you decide?
First, consider what drives you.
If you thrive on structure and proven systems, a franchise might be the better fit. You
Diversify or concentrate?
It’s a question that divides entrepreneurs. But what if both are right?
I saw a video where one guy made millions by diversifying—spreading his investments across multiple businesses, minimizing risk while building steady wealth. Then another guy comments below: “You’re wrong. You’ve got to focus on one thing to win.”
Wait
Rushing into franchise ownership without preparation is a costly mistake.
To avoid buyer’s remorse, you need to be deliberate in your approach. Here’s how:
Before browsing franchises, evaluate your skills, interests, and financial situation. Too often, people pick franchises based on potential profit, not realizing they lack the
Choosing the right franchise is crucial. Getting it wrong can be financially devastating.
A franchise with a strong history of success is likely to continue performing well. Look at how long the franchise has been in business and how many units are thriving. A proven track record can
A Texas District Court ruling setting aside the FTC’s non-compete ban has sent ripples through the business and legal communities today. For many employers, this decision is undoubtedly seen as a reprieve from the potential upheaval the ban could have caused. However, the ruling also underscores the ongoing debate about the future of non-compete agreements
Starting a small business involves making crucial decisions, one of which is choosing the right legal structure. For an individual small business owner, a Single-Member Limited Liability Company (LLC) is an excellent option. This structure provides a blend of flexibility, simplicity, and protection that can be highly beneficial, especially for those venturing into business for
Running a business comes with a myriad of challenges, and among the most daunting are the legal hurdles that can arise at various stages of the business lifecycle. As a business lawyer, these are some of the common legal struggles I often see business owners face:
Choosing the right business
Contracts. The word alone might make you think of stacks of paper and endless legal jargon. But fear not! As your friendly Iowa business lawyer, I am here to break down the basics of contracts. By the end of this post, you’ll feel more confident in understanding the backbone of every business deal. Let’s dive
