Startups, Acquisitions & Franchising from the buyers perspective

Entrepreneurship and the American Dream. Many people have saved an entire lifetime to take the leap toward being their own boss. This is an exciting and dangerous time in a person’s life. With great opportunity comes great risk. For many people, this is the first time they have considered business ownership. Whether you are starting a business from scratch, buying an existing business, or acquiring a franchise license don’t do it alone. There are many issues to consider, from entity formation, financing, business plans, lease negotiations, employment contracts, non-competes and franchise agreements. It is imperative that you have an advocate that is loyal to you and looking out for your best interest. Many sellers, brokers or franchise companies will tell you that you don’t need an attorney to help you negotiate a deal, however it is not their future you are betting, it’s your families.