People who are entering into a franchise should have comprehensive information so they can make an informed decision. This requires that the franchisor is transparent when they’re working with prospective franchisees. One of the most important things to remember is...
Month: June 2025
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When should a business consider declaring bankruptcy?
Businesses, both startups and established ones, go through financial constraints now and then, and then they bounce back. However, at times, a financial challenge may make it impossible for a company to operate effectively to the extent that filing for bankruptcy...
What is a debtor in possession?
If you are contemplating filing for Chapter 11 bankruptcy for your business, you already know that your business status is on shaky ground. The uncertain economy and the ever-changing threats of tariffs have businesses on edge. If the economy doesn’t level off soon,...