by Kevin Kilcommons | Feb 15, 2023 | Business, Franchise, Tips for Small Businesses
Choosing to buy a business franchise is a huge step. It’s exciting and can be very rewarding and lucrative. However, you need to know what to look for when buying a franchise business. A franchise owner needs to protect themselves, their hard work and their...
by Kevin Kilcommons | Jan 15, 2023 | Business, Franchise
Wow! You’ve settled on a franchise investment! You’ve done everything on your own. You were diligent and did your own research, and you looked at all of the available options. Now you’re sure that you landed on the perfect franchise for your company. It’s...
by kladmin | Aug 19, 2020 | Business, COVID-19
If you own a business, whether a franchisor, a franchisee or an independent owner, you have likely dusted-off your business owner’s policy (BOP) to review the terms related, or seemingly related, to the viability of a claim due to the economic impact of the COVID -19...
by kladmin | Apr 9, 2020 | Business, Franchise, Real Estate
All business people are looking to their liability exposure during this period of national emergency caused by the COVID-19 pandemic. When reviewing your contracts (be they leases, franchise agreements, etc.), look for a force majeure clause. This is the term which...
by Kevin Kilcommons | Sep 4, 2014 | Business, Franchise
Business Owners and the New Jersey Franchise Practices Act Business owners do not usually consider that a deal with another company may fall under the New Jersey Franchise Practices Act (NJFPA), because the relationship does not have a written agreement clearly...
by Kevin Kilcommons | Apr 15, 2013 | Business
In November 2012, the New Jersey Legislature enacted what is referred to as a “second generation” LLC statute, known formally as the Revised Uniform Limited Liability Act (“RULLA”). The Act affects all new LLCs created as of March 18, 2013, and will thereafter apply...
