Business Law Blog
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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 ...
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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 ...
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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 ...
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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 ...
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Subfranchise: How do master franchises work?
As a huge corporation having thousands of locations around the world, imagine how complicated it would be to personally vet and recruit franchisees. This is ...
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What is a franchisor? Meaning, Roles, Pros and Cons.
For sure, you know giant food chains such as McDonald’s or Popeyes, multimillionaire franchise restaurants that have expanded throughout the world. These companies are owned ...
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Questions to Ask a Franchisor
Buying a franchise is an exciting and promising venture that comes with several advantages. Having access to a proven business model and benefiting from a ...
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Corporate Transparency Act: How it will affect your small business
Starting to be effective on January 1st, 2024, the new law known as the Corporate Transparency Act requires certain companies to disclose private information to ...
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Protecting your business as it’s growing
Launching a new business that you are passionate about can be an exciting time. After all, you may have been thinking about starting a business ...
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Licensing vs Franchising
When licensing or franchising a brand, both business models will allow a third party to profit from the use of intellectual property for a fee. ...
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Assignment and assumption agreement
What is an assignment and assumption agreement? An assignment and assumption agreement is a contract that allows one of the parties to transfer their contractual ...
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Financial due diligence
What is M&A financial due diligence? Financial due diligence refers to the process of inspecting a target business’s financial performance to verify its value and ...
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