Ser & Associates Blog

The Three Keys to Growing Your Business Through Franchising

Franchising is an efficient and cost-effective way to build your business.  At its core, franchising is selling the use of your brand to someone else.  There are two key components that create value for your potential franchisee; a recognized brand and a business model that can be easily replicated. Here are the key initial steps you need to take if you are considering growing your business through franchising.

3 Types of Commercial Leases

Entering into a lease is a huge step for any business, as it provides great opportunity to grow your business.  However, lease agreements are a long-term commitment and can cost you and your business a significant amount of money.  Understanding the financial...

Corporation or LLC? Selecting the Right Entity for Your Business

When starting a new business there are many things to take care of and decisions to make. One of the most important decisions, but sometimes overlooked, is which type of business entity to use for your business. The two most common business entities are corporations...

The Four Stages of Buying or Selling a Business

The sale of a business can be a mutually gratifying experience for all parties. A buyer has the opportunity to grow their current business or start a new venture without the need to build everything from scratch, and the seller has the opportunity to cash-out on the...

Overtime Pay: Salaried Does Not Mean Exempt

A common misconception many small business owners have is that if an employee is paid a salary (instead of by the hour), the business does not have to pay the employee overtime. This is a critical mistake that can get you and your business into significant trouble. ...

Big Business Legal Solutions for Small Businesses

Typically, small businesses deal with legal problems as they arise, rather than working to avoid them in the first place. And when a legal matters arises, the business is forced to seek out attorneys who are unaware of the unique nuances and circumstances of the...

Dispute Resolution: Winning the Battle Before it Begins

If you find yourself and your business facing a legal dispute of any kind, you will want to have it resolved as quickly and as positive as possible.  There are different ways a dispute can be resolved. The first one that comes to mind is litigation (bringing a lawsuit...

Non-Compete Agreements: A Powerful Tool, If Used Properly

The value of your business comes from a variety of sources: inventory, trademarks, equipment, trade secrets, customer lists, and goodwill.  Protecting these assets is critical to the long-term success of your business. One of the best ways of ensuring this protection is via a non-compete agreement.

Legal Audit

Minimizing risk and maximizing value are key goals for every business owner.  However, many business owners do not know where begin in to understanding their business’s risk and value.  The answer, conduct a Legal Audit.