- Is your operating agreement outdated? Time to review before disputes arise.
- Is your employment handbook updated? A simple policy could save you thousands.
- Any unwritten contracts? Get it in
Five Legal Ideas to Review Before Monday
When Business Gets Personal: How Brick Gentry Handles Partnership and Shareholder Disputes
At first, everything was great.
You built something from scratch with a friend, family member, or business partner. You split the responsibilities. You shared the risks. You dreamed big.
But now, things are not so great.
There is tension over money. (Ironically often when success occurs). Disagreements over direction. One person thinks they are doing
Essentials of Franchise Due Diligence for New Entrepreneurs
Embarking on the journey of becoming a franchise owner is an exciting yet daunting prospect. For first-time entrepreneurs, diving into the world of franchising requires a comprehensive understanding of what goes into a successful franchise investment. The cornerstone of making an informed decision is conducting due diligence. Here’s a step-by-step guide to help you navigate
Why Business Litigation Is Like a Long Game with a Tough Umpire
Let’s talk about frustration.
Not the kind you feel when your coffee spills on the way to a meeting. I am talking about the deeper kind—the kind that builds over months, sometimes years, during business litigation.
If you are in the middle of a business dispute—or headed into one—there are three truths you need to
Handshake Deals and Hard Lessons: Why Trust is Not a Contract
A business owner walks in with a pitch. He wants to “sell” you a piece of his company. The idea sounds solid. The opportunity feels right. You shake hands, cut the check, and walk away thinking you just became a business owner.
Then reality hits.
Nothing is in writing. No contract. No terms. No guarantees.
Do You Have What it Takes? 5 Qualities for You to Consider Before Starting a Business
Starting a business isn’t for everyone.
Here are five of the top qualities I have noticed in my most successful business clients.
1. Resilience
Your ability to endure punches—and keep swinging—is your most valuable asset. The market will test your patience, your stamina, and your confidence. If you crumble at the first sign of difficulty
How Much Money Do You Need to Buy a Franchise?
Buying a franchise will cost you more than the high end of the investment range disclosed in the Franchise Disclosure Document (FDD).
Let me explain.
Buying a franchise is a major financial decision. It is not just about covering the initial franchise fee and build-out costs. To set yourself up for success, you need to
How to Spot the Red Flags that Can Break Your Franchise Dreams
Not all franchise opportunities are worth the risk.
Franchising has become a popular path to financial independence, promising a proven business model and support from an established brand. With over 15,000 new franchise units expected to open annually, it is easy to get swept up in the excitement of becoming your own boss. However, not
The Boom in Franchising: Private Equity, M&A Deals, and Your Due Diligence
Franchising is booming.
Private equity firms are snapping up franchisors faster than ever. Recently, we have seen Jersey Mike’s secure a massive $8 billion private equity deal and Freddy’s Frozen Custard and Steakburgers now reportedly exploring a sale. The stakes are high, the money is flowing, and the pace of change is staggering.
But
Texas Court Issues Preliminary Injunction Against Corporate Transparency Act
A Texas court has issued a nationwide preliminary injunction against the Corporate Transparency Act and the “Reporting Rule” implementing it. The judge stated in his ruling that the Act and the Reporting Rule are likely unconstitutional and the compliance deadline of the end of the year is stayed.
Read the full Order from the Judge