Franchising is appealing to franchisors because it provides for fast business growth with immediate income in the form of upfront payment of franchise fees for the franchisor, without bearing most of the day to day business expenses borne by the franchisees and with...
Our foundation is deep, so it is not restrictive.
It has allowed us to expand our practice to benefit our clients’ strategic, technological, and business needs.
Year: 2022
How to get your affairs in order and notify the right people
When you craft your Rhode Island estate plan, you may concentrate on putting a will, an advance directive and a power of attorney together, among other possible components. While this is a critical part of estate planning and letting others know your wishes, it is...
How Force Majeure provisions in commercial real estate leases are changing because of the Covid-19 pandemic
The pandemic has impacted just about every part of our lives. That includes businesses, which had to deal with staffing issues, supply chain delays, inflation, regulations, and countless other obstacles. One or a combination of these factors may have impacted your...
How do you finance a franchise?
The initial investment needed to purchase, build-out, and open a franchised business often requires franchisees to consider financing options. Because there are numerous options to choose from, entrepreneurs must approach the process carefully. It is important to...
When may I create a living trust and what may it include?
Estate plans include legal documents describing your intentions for distributing your assets to heirs after your death. As noted by Kiplinger's Personal Finance, you may create a living trust to help your heirs bypass the lengthy probate procedure. While you may...
Practicing due diligence before buying a franchise
Before buying or selling a franchise, prospective franchisees and franchisors should take steps to ensure they understand each other’s expectations and responsibilities. The Federal Trade Commission requires franchisors to provide prospective purchasers of franchises...
How do you keep money in the family while planning your estate?
While researching estate planning, you may hear horror stories about assets going to the wrong beneficiaries. How do you keep this from happening to your family? U.S. News & World Report provides estate planning tips for keeping your money in the family. Do your...