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.

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...

Each business transaction is unique. The parties, the circumstances, the industry: all combine to create a unique set of circumstances for the transaction. And, the contract signed by the parties should be tailored to the specifics of the transaction. However, there...

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 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...

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. ...

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...

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...

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.

You have decided to open a business, or your business is growing, so you need to find space to operate.  Before moving into that new location you found, make sure you can actually run your business at that location.

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.

Entrepreneurs, people who undertake the risk of starting a new business venture, come in many forms and in every industry.