Starting a new company is full of challenges, especially if you are sharing the business with a partner. You have to find a way to maintain the relationship while keeping the company afloat in the current economy.Luckily, there are ways to keep tension away from your...
Business Law
Succession planning for the next generation of franchise owners
Only 30% of family owned franchises will survive after the owner retires. Furthermore, it is estimated that only 10% of franchisees have succession plans in place. Do you have a plan in place for your children to take the reins once you retire?What is succession...
Female franchisees on the rise
Over the past year, a focus on women has spread nationwide, even making local waves here in New Jersey. While the dialogue mainly featured harassment topics, discussion of female empowerment in the workplace went hand-in-hand. Women deserve the opportunity to have...
What to do when the IRS audits your business
When reading the letter from the IRS alerting you of a business audit, it’s normal to get nervous. Even if you and your advisers had the best intentions when paying taxes, an audit can surprise you. You may start to wonder if an undetected miscalculation could...
