Buying a franchise could be a lucrative opportunity for you. However, if you fail to take a few specific steps, it could lead to a significant risk. Potential franchisees are not experts in the legal transactions in most cases. That’s why having a bit of background information and support can help you ensure this process goes as smoothly as possible. …
Anyone who owns a business and is thinking about turning it into a franchise needs to understand the kinds of challenges they’ll be facing. As a franchisor, you must understand the laws, rules and regulations that affect you and your franchisees. In order to have that understanding, you want two things: perspective on the issue and proper legal representation. With …
Buying a franchise could be your goal, but is it a profitable option for you? Many people today want to own a business, but they don’t want to struggle through the turmoil of a startup. Plus, you may not really have a new concept that’s ready to go. Franchising gets you in the door and making money sooner. Consider these …
No one likes to think about the possibility that they could become mentally or physically incapacitated, but the truth is that it could happen to anyone. Life is unpredictable, which is why you need to plan for a number of different scenarios, including the possibility that you may one day be unable to care for yourself. Guardianship and durable power …
People often think estate planning is something only the wealthiest families need to worry about. The truth is that everyone can benefit from estate planning. An estate plan ensures your home, finances and other assets are taken care of following your death, allowing you to provide for your family even after you are gone. The Top 10 Advantages of Estate Planning Taking …
When you want to make sure assets are managed appropriately, trusts can be an effective tool. There are different options when it comes to trusts, so you want to know what the benefits are and how to choose someone to create a trust on your behalf. This will make it easier to know that assets are handled appropriately through your …
Hiring an attorney is a serious matter, and when you choose to hire a will and trust attorney, it’s generally because you want to make sure your assets are protected after you’re gone. You need to ensure that the things that matter to you are given to the right people and that anyone who you want to leave money for …
There is no room for error when writing a will. Every adult should have a will that is updated on a regular basis. Let’s take a look at some of the top considerations you need to make when creating your will. Beneficiaries You must name beneficiaries in your will. Beneficiaries are the individuals or charities who will receive your assets when you …
While the future is uncertain, there is nothing stopping you from planning for it. Do yourself and your family an enormous favor by learning about wills and trusts. Each serves a unique purpose in terms of planning for your family’s future. Let’s take a look at each and explore the differences between them so you have a better idea of which …
By: Lynne Shelton To read this article as originally written in Franchising USA Magazine, click HERE. Trade Shows are always great places to pick up tidbits of information, but within the franchising industry they epitomize their trade by guiding others. After all, isn’t that what franchising is all about, teaching others to do what you already know how to do? …
