Business franchising can offer strong brand recognition and a proven operating model. At the same time, it comes with strict rules and ongoing obligations that can create challenges for franchise owners. When issues arise, it is important to act carefully and with a...
Year: 2025
3 advantages of starting a franchise location
Business owners sometimes find themselves trying to determine what the best business model is for them. Some prefer to start their own company where they have complete creative control and grow it from the ground up. Others decide they want to start a franchise...
Are personal assets at risk if you default on business loans?
Many new business owners need to take out loans just to start the business and get it off the ground. This means that they start with significant financial obligations. There is an inherent risk in taking these on, especially if the business has not proven that it can...
Will Chapter 7 bankruptcy force my business to close in Florida?
When business expenses and debt start mounting, bankruptcy may seem to be a path forward. For many business owners in Florida, the question is not whether to file but what happens next. If you are considering Chapter 7 bankruptcy, understanding how it affects your...
What is a “cramdown” in Chapter 11 bankruptcy?
Chapter 11 bankruptcy can be a highly complex process. That’s why it’s crucial to have experienced guidance throughout. Even the terminology used can seem like a foreign language. Take the word “cramdown.” You won’t find it in the Bankruptcy Code, but it’s a common...
3 times to prohibit tenants from subletting commercial units
While subletting can sometimes be beneficial, it also introduces potential risks that may affect the property’s value, compliance and overall management. Landlords must therefore exercise caution before allowing subletting arrangements. Although some tenants seek to...
3 ways to address a commercial lease during business bankruptcy
Business bankruptcy does not necessarily mean the end of a company, but it does generally cause a dramatic shift in finances. Companies usually have to reevaluate their financial obligations, including executory contracts such as commercial leases. A lease can make a...
Can your commercial real estate tenant legally sublet the unit?
As a landlord or property manager, you may encounter a tenant who wants to sublet their leased space to another business. Subletting can be a practical solution when a tenant needs to downsize, relocate or share costs, but it also raises important legal and financial...
How are employees paid if an employer files Chapter 7 bankruptcy?
Companies sometimes have financial troubles that start to affect their ability to remain operational. In some cases, the company may realize that they have to file bankruptcy. There are different forms that they can file, one of which is a Chapter 7 bankruptcy. When...
Understanding Chapter 11 for Florida firms in storm recovery
In Florida, hurricanes often disrupt daily life and business activity. When storms damage property and slow customer traffic, you face hard choices about expenses and debt. Revenue gaps clash with ongoing bills, and balances can rise quickly. In such moments, you may...
