Buying a franchise header

Top 7 Legal Considerations Before Buying a Franchise Business

Many believe buying a franchise presents an easier path to a successful and profitable business instead of starting your own company because you are purchasing an established brand with “turnkey” operations. It sounds enticing, but in reality, investing in a franchise involves a myriad of legal risks and obligations that you may not have considered before.Below
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name or numbered company

Should I Incorporate a Named or Numbered Company?

In short, there is no legal difference between incorporating a named or numbered company. However, the difference lies in what you wish to do with the company.Incorporating a Named CompanyIf your company deals with the general public and you plan on developing a recognizable brand name for your business, then incorporating a named company is
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share purchase agreement vs asset purchase agreement

Share Purchase Vs Asset Purchase – Which is Better?

A business transaction may be structured in various ways to transfer the ownership of the business to the buyer. The most common forms are share purchases or asset purchases. You may want to consult with a legal professional to determine the appropriate structure because each structure may have cost and tax consequences. In a share
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letter of intent

How Important is the Letter of Intent to Buy or Sell a Business?

A Letter of Intent (LOI) is a document that is used between two or more parties to set forth the key terms and conditions of a proposed transaction, without forming a legally binding contract. TABLE OF CONTENTS Why do I Need a Letter of Intent? What Information is Included in a Letter of Intent? Transaction
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Force Majeure Lease Agreements Header

Force Majeure Clauses in Lease Agreements During Covid-19

Lease agreements are long and full of dry content. In truth, there really isn’t a way to make them more fun.  But there are ways to negotiate and draft lease agreements to protect your rights more fully. A force majeure clause is an especially relevant consideration in light of the COVID-19 Pandemic. Force Majeure and
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