All Business has a decent article describing the ten key provisions of a franchise agreement. However, I do take issue with the comment in Section 1 that "most franchisors offer ongoing support including administrative and technical support."
As I discussed in my last post on franchising, it is my experience that "most" franchisors DO
With the help of Doug Mitchell and Andy Brudtkuhl I will be going live with an Interactive Learning Environment to complement this blog very soon. The Rush on Business Legal Wire will focus primarily on employment law, franchise due diligence / investigation issues and business purchase or sale considerations. I also hope to attract top speakers to participate in
Don’t forget that Iowa’s smoking ban in public places starts July 1, 2008. If you are a business interested in learning more about compliance with the new law please visit the Iowa Department of Public Heath site at www.iowasmokefreeair.gov.
An informative Q & A concerning the smoking ban is available here.
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While discussing a franchise case recently an attorney working with me observed that the franchisor really didn’t agree to do anything for the franchisee in its franchise agreement.
Unfortunately most franchisees are under the mistaken belief that franchisors will provide all kinds of support. When it doesn’t happen and the business relationship has fallen apart, the
Indiana civil and business lawyer Sam Hasler recently expressed his view that the place to incorporate your business is generally in your home state.
I agree with Sam.
Delaware or Nevada may offer viable options for some companies but in general most Iowa small businesses are probably wise to incorporate here in Iowa.
Do you have bad credit? If so, this article on how to qualify for a franchise loan even with bad credit may interest you. But please don’t be offended when I say I hope you don’t get the loan.
The number one reason I see for business failures is the lack of sufficient capital. I have
Tomorrow’s BIZ networking luncheon features Jonni Tonnemacher, a CPA specializing in fraud detection services. Learn how to identify fraud in your business and implement controls to prevent fraud from occurring.
I have not heard Jonni talk previously but the topic is fascinating. It is downright scary how much fraud occurs in business. Don’t be
I am frequently involved with the purchase and/or sale of a business. Often the purchaser discovers the business through a business broker. In the Des Moines area, it seems as though several of the business brokers convince prospective buyers to make an offer before seeking legal advice or reviewing the basic terms before the offer is signed. (i.e. price, financing terms
Former general counsel and small business owner, Anita Campbell, offers sage advice in her post on the Build a Solo Practice Blog about how to write a better contract . What is the better contract in Anita’s view?
The Small Business Administration (SBA) and FranNet have teamed up to offer an online training course for those interested in franchising.
The free online course on franchise basics provides three key sections that examine more than 10 essential areas relating to franchising, including Whether Franchising Right for You and How to Choose the Right
