Business Law Blog
Read Articles by Motiva Business Law
Legal Requirements to Start a Franchise
Put simply, franchising is a business model where you take what has worked for you, your business name, brand, know-how, and system, and teach someone ...
Read More
Legal Due Diligence in M&A: How to Do it + Checklist
One of the key aspects to enable a successful business acquisition is conducting legal due diligence, which is the process of examining the target business’s ...
Read More
Franchise vs Chain: What are the differences between the two business models?
In a chain, all store locations are owned by a parent company, while in a franchise, units are owned and operated by separate individuals who ...
Read More
Who are the beneficial owners of a company?
According to the Corporate Transparency Act, which will be effective starting January 1st, 2024, certain companies should file specific information about their beneficial owners. Who ...
Read More
what is a close corporation?
A close corporation, also known as a closely held corporation, is a type of business entity where the majority of the ownership is held by ...
Read More
How to buy a FedEx route?
FedEx, short for Federal Express, is a globally recognized courier delivery service that specializes in small package information, transportation, pickup, and delivery domestically or internationally ...
Read More
How to start a trucking company in illinois
The trucking business in Illinois is a lucrative industry that offers great growth opportunities and a valuable service for the community. However, logistics and transportation ...
Read More
What is an asset purchase agreement?
When buying a business, an asset purchase agreement (APA) is the contract under which a seller transfers some or all the company’s assets to a ...
Read More
What To Know About A Legally-Binding Contract
When it comes to business, contracts are going to be a focus, especially if you have connected with clients and other businesses. When establishing a ...
Read More
Letter of Intent to Purchase a Business
In the context of a business acquisition, a letter of intent (LOI) is a document that defines the preliminary terms of the transaction and formalizes ...
Read More
No Shop Clauses in M&A
What is a no-shop clause? A non-shop clause, also known as an “exclusivity clause”, is a provision often included in business contracts, particularly in merger ...
Read More
Area development agreement in franchises
An Area Development Agreement (ADA) is a type of franchise agreement in which a franchisee has the right and responsibility to open a certain number ...
Read More