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Franchising gives entrepreneurs the chance to run a business with an established brand. While this can be a great opportunity, franchise agreements sometimes include terms that feel restrictive. How might a franchise be overly restrictive, and what can be done about...
There are several different types of bankruptcy available to struggling business entities. In some cases, those preparing to close an organization pursue Chapter 7 bankruptcy, which they can potentially complete in a few months. Other times, the goal of bankruptcy is...
When you invest in a franchise, you expect transparency, honesty, and compliance with the law. But what happens when a franchisor fails to disclose critical information or misrepresents the facts? Franchise disclosure violations can leave franchisees financially...
Franchise business opportunities tend to be mutually beneficial. The party offering franchise opportunities can expand their brand and monetize their loyal customers. The franchisee can take much of the risk and uncertainty out of the process of becoming a business...
When you invest in commercial property, you expect it to serve your business goals, not create legal headaches. But zoning regulations can sometimes throw unexpected obstacles in your path, from denied permits to pushback from local authorities. Whether you’re...
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...
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,...
Franchising can be a great way to grow a business, but it also comes with legal risks. Franchisors and franchisees can face disputes that may harm their operations and finances. What kinds of legal issues arise in franchises? Below are some important points to...
A business declaring bankruptcy affects different people, including employees. It can be challenging to inform your employees about such a decision, but it’s necessary because it will affect them. For instance, wages may be delayed, and being laid off may be possible...
Cash flow is tight, and you are exploring all options, including bankruptcy. A significant portion of your operating capital comes from customer deposits for future goods or services. What rights do these customers have, and how will courts treat their deposits in...