The Franchise Blog 4 Vets

NY Franchise Attorney Asks; "Should You, Or Can You, Buy A Business To Replace A Job?

Charles Internicola, a New York City attorney that specializes in franchising, recently posted an article asking this question. In the article, he points out a couple of really important things:

• Do you possess sufficient savings, capital and/or loans necessary to:

(a) purchase the business;

(b) fund the initial day-to-day operations of the business - keep in mind that it may take a number of months before your business generates "profits"

Go to the franchise article on his terrific blog.

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Veterans; Please Get Business Related Things In Writing!

As a current or future small business owner, do you feel that a handshake is enough? There are so many ways one can get burned. Trusting someone is a wonderful thing. However, you cannot take trust to court. You can take a signed document though. Right?

Rush Nigut,an Iowa Franchisee Attorney, explains why you should only get things in writing, in his article in IowaBiz Business Record. You may want to "save" it to your PC.

{Remember, don't print it out unless you really need to. Stay Green.}

Franchise Legal. Getting Out Of A Franchise Agreement

                                           

                      

Is your franchise being affected by the US economic downturn? {It's a recession, folks.} Are you considering your "options?" Can you hang in there until business is back to normal?

If your small business/franchise is not being impacted by this ugly economy, please let me know. {You can add your comments after this short post} My little franchise consulting service is not exactly going gangbusters right now, but I can spin some cool phrases to make make me feel better about it. Bottom line: It's ugly right now, but if we can all hang in there for awhile, things will turn around.

But, if you at the breaking point, there are some ways to "get out" of your franchise agreement. I was asked by Eve Tahmincioglu, an MSNBC reporter, this question, recently...

Go To MSNBC.com