Franchising and Purchasing a Business in California
Purchasing a company or a franchise can be very overwhelming in California. It is very important to have an understanding of what franchising is and the possible legal ramifications which may arise. Learn how to successfully purchase a business while following necessary legal considerations.
- CALIFORNIA BUSINESS LAW GUIDE
- » Business Formation in California
- ⇒ Franchising and Purchasing a Business in California
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How to Avoid Successor Liability When Buying a BusinessIt’s a nasty surprise to discover, after you’ve paid the purchase price for the business, that you must pay the seller’s debts and liabilities from before the closing.
Read more- Termination and Non-Renewal of a Franchise
All franchise relationships end sometime, usually by the franchisee selling the franchise, dropping out of the franchise system or getting kicked out. In this article, the author briefly summarizes what happens when a franchisee sells, leaves or quits a franchise system, or when the franchisor terminates or refuses to renew the franchise.
Read more - Buying and Selling Private, Closely Held Businesses
Buying or selling a business is a complex process. Legal, tax, accounting, valuation and psychology issues are all involved. This seminar and this outline only introduce certain basic matters to you.
Read more - What Is 506(C) Offering and What Does It Mean for Financing Your Company?
A New Day For Startups Seeking Capital
Read more - Legal Compliance Checklist for a Start-Up Business
Forming a business can feel overwhelming. You worry about all the things you know, and you worry about all the things you don’t know. I write this checklist to fill in the great unknown. This checklist gives you a bird’s eye view of legal compliance for your start-up business. Let's start at the beginning - incorporation.
Read more - California Franchise Registration
California requires franchise registration. You must register with the California Department of Corporations if you want to sell franchises in California. In this article I give you a brief overview of the process for registering a franchise in California.
Read more - The Franchise Disclosure Document (Formerly Called the UFOC)
A franchisor must give a detailed franchise disclosure document to all prospective franchisees. This document is called the Franchise Disclosure Document (formerly called the Uniform Franchise Offering Circular, or UFDD / UFOC). The author uses the terms “UFOC” "UFDD" and “franchise disclosure document” interchangeably in this article.
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