Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
I’ll be one of the speakers at the annual Raising Capital Seminar sponsored by the BIZ on March 29, 2011 at 9:00 a.m. to 5:00 p.m. The seminar is located at the Des Moines Partnership offices.
"Many entrepreneurs don’t have a good understanding of the types of capital that start-up businesses can or should raise," says
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My friend, Joel Libava (aka "The Franchise King"), inked a book deal to write a book on franchising. I’m excited because Joel is a reliable resource in the franchise industry. We don’t always agree but I do respect his opinions on franchising. He tells it like it is even if that means calling…
I often received questions about whether a worker should be classified as an independent contractor or employee. In fact a blog post on Employees v. Independent Contractors is still one of the most popular posts ever on my blog even though I wrote it over three years ago.
In a couple of recent blog posts, Brick…
This post comes via Monica Dolezal of BIZSTARTS. The U.S. Small Business Administration has announced it will be continuing its successful Emerging 200 Initiative in Des Moines.
For the last three years, Des Moines has been selected as one of a limited number of cities nationwide to participate in the SBA’s Emerging 200 Initiative …
Pat Burk, a shareholder with Brick Gentry, P.C. practicing in real estate and business law has an important update with respect to how LLCs convey real property in Iowa.
Pat indicates that a recent change to the Title Standards of the Iowa State Bar Association removes the presumption of authority on LLC conveyance documents, such…
The Franchise King, Joel Libava, has an interesting post on Small Business Trends asking Why Aren’t Women Interested in Franchise Ownership? Joel says it’s all in the numbers. According to Joel, about 25 percent of franchises are owned by women.
Joel references a book by Iain Murray that says women often have excellent qualities that allow them to become successful…
The Wall Street Journal recently featured Rush on Business in The Journal Report on Franchising. Other Web sites featured included MyFranchiseLaw.com and Fox Rothchild’s Franchise Law Update. This blog was also featured in a Wall Street Journal article in March of 2009 as one of the blogs for prospective franchisees to read.
The…
I recently attended the ABA’s Forum on Franchising this past week in cloudy San Diego. (Yes, that’s correct, cloudy). One of the more interesting sessions involved the Most Frequently Litigated Substantive Provisions in Franchise and Dealership Agreements by franchisee lawyer John Holland and franchisor lawyer Jonathan Solish. Numerous litigation topics were covered including choice…
The Business Record reported this week on a federal court lawsuit recently filed by local fitness franchise Farrell’s Extreme Bodyshaping, Inc. against Kosama, another fitness franchise headquartered in the Des Moines area. Both franchises specialize in a 10-week body "transformation". Farrell’s is the established franchise in the area marketplace while Kosama is the upstart. Both appear…
One of the provisions in most franchise agreements is a provision that requires the selling franchisee to pay a transfer fee to the franchisor. This transfer fee is sometimes $10,000 or more. I have represented a number of prospective franchisees that are buying an existing franchise location. In almost every instance the seller expects the buyer to pay for this transfer fee.