Congratulations to What’s For Dinner – Des Moines and its owners, Dawn Angus and Kristen Severs for their feature article in the Des Moines Business Record. The success of their meal assembly business has brought multiple inquiries from would be entrepreneurs who are wondering whether they offer franchises opportunities for their business. The thought of expanding beyond
Buying & Selling a Business
Information for Franchisees
By Rush Nigut on
In the never ending search for objective franchise information I discovered Blue MauMau. The site is a franchisee community designed to share insight, comments and stories about buying and running a franchise.
A few of recent blog entries worth reading are:
…
Aerospace Geartech and BIZ Featured in Des Moines Register
Congratulations to Vince Basile of Aerospace Geartech who is featured in an article about the Business Innovation Zone (BIZ) in today’s Des Moines Register Business section.
Executive Director Mike Colwell worked with Vince to obtain grants through the Iowa Department of Economic Development and DMACC in order to purchase two manufacturing businesses (one from Ilinois and…
Do You Need A Lawyer to Incorporate in Iowa?
It is possible to form your own corporation without a lawyer’s help. Every day, many entrepreneurs do exactly that by using online incorporation kits. I have written about such companies in the past. There is definitely a segment of the market these incorporation companies serve.
The most obvious motivating factor for setting up a corporation…
BIZ Networking Event Today
By Rush Nigut on
The Business Innovation Zone (BIZ) has its first networking event today. The event is from 12:00 – 1:30 p.m. in the Arthur Davis conference room at the Greater Des Moines Partnership office at 700 Locust Street in Des Moines.
The featured speaker is Steven Smith, President and CEO of GCommerce. He will be talking about…
Franchise Interviews a “Sound” Resource
By Rush Nigut on
From Mike Colwell of Biz I learned about Franchise Interviews which is another resource for those interesting in franchising. The site has several interviews with successful franchisees, franchisors and franchise experts (including lawyers).
I listened to the interview with leading franchise lawyer Kevin Hein of the Denver office of Snell & Wilmer. ( An interesting interview but…
Franchisor Inside Scoop
By Rush Nigut on
Upon my return from vacation I ran across a site called The Franchise Pundit. I have been looking a long time for Web sites that give balanced information on franchises rather than just reciting promotional materials. The Franchise Pundit appears to be such a site.
If you are conducting due diligence on a franchise you…
Sullivan & Ward Iowa Law Blog Coming Soon
I am excited to announce that the Sullivan & Ward law firm will publish its Iowa Law Blog beginning in mid to late August. The firm’s law blog will cover general legal issues inlcuding the following areas of law:
- Utility and electric cooperative law;
- Business law;
- Trusts and estates;
- Family law;
- Real Estate law;
- Trial &
…
The Cure for the Useless Corporate Lawyer
Yesterday I had an interesting discussion with one of my buddies. He is an executive with a Fortune 500 company out-of-state and he was expressing his frustration with lawyers – actually his own lawyers. He just got off the phone with one of his outside counsel when I called. After talking with him for less than 30 seconds I…
Business Contracts: Remember Environmental Issues
By Rush Nigut on
Posted in Business Law, Buying & Selling a Business
Let’s say you are the owner of a manufacturing company. You’ve decided to sell your business and you are presented with a Letter of Intent to buy the business. It’s everything you wanted with respect to the price and the buyer is financial sound.
You may be excited about the potential sale but a word…