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FreeLegalQandA.com - Free Legal Information, Corporate Attorneys
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Advertise on this Site. Return to FreeLegalQandA.com Index. Following are questions and answers concerning business formations arranged in what we believe is a logical sequence. Additional questions and answers are added regularly, so please visit our site often. Please feel free to make copies for non-commercial purposes. What is a corporation? What are some of the primary characteristics of corporations? Corporations are managed by a board of directors elected by the shareholders. A sole proprietorship...
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Business Formations, Ten Reasons to Franchise Your Business
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Business Formations - Business Dissolutions. Ten Reasons to Franchise. Franchising allows the franchisor to effectively penetrate markets that would otherwise be impractical or cost prohibitive to enter primarily because of distance. Franchising can result in a well run, successful local business expanding throughout a region, across the United States, and in some cases, internationally. Franchisors generally have no liability for the actions (or inactions) of franchisees and their employees. By fran...
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Franchise Law Questions and Answers
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Business Formations - Business Dissolutions. Franchise Law Questions and Answers. We own and operate a small but successful business that we would like to franchise. Our capital is limited and we are concerned about making an open - ended commitment to spend money on attorneys fees to create a successful franchise. Do you have any suggestions? For $950, we will review a UFOC and proposed Franchise Agreement and then prepare an opinion letter that will address the most legally significant provisions. ...