Real estate is currently one of the most competitive industries, including in both residential and commercial transactions. It is costly and complicated to find property in California that suits your needs while remaining in your budget, and it can be tempting to move...
Uncategorized
The legal issues you must consider before buying a franchise
Buying a franchise is a way for one to jump into entrepreneurship without the need to develop a new product or service. By purchasing a franchise, you will have access to a proven business plan and model, as well as operating instructions that lay the foundation for...
7 steps to prepare for the sale of your business
When you are ready to sell your house or your vehicle, you understand that you have a complex process ahead of you. First, you must decide if this is really what you want. It is important to prove your legal ownership through a title or deed, and you must also...
Can I terminate a franchisee’s agreement?
As a franchisor, you understand that the reputation of your brand depends on the success of your franchisees. To increase the chances that your franchisees will succeed, you will likely spend considerable time revising and amending your standard franchise agreement so...
Can you negotiate fees for common area maintenance?
Ideally, you have done your due diligence in finding a commercial property that provides everything you need to run a successful business. This means you have examined the building, researched the foot traffic and checked up on the property manager. Now you are ready...
Buying a shopping center? Here are 3 things to consider
When you received an inheritance from your parents, you decided that you wanted to invest. That's a great option, and it can work well for you in the world of real estate. However, you do need to be cautious about how you invest.You're interested in buying a shopping...
Is it time to cut ties with a franchisee?
If you are the owner of a franchise, one disagreeable task that may become necessary is the removal of a franchisee. This may have been in the pipeline for a long time due to underperformance or other issues. Alternatively, it could have arisen out of the blue due to...
Getting your CC&R ducks in line
If you are a shopping center developer here in Orange County, one tool at your disposal for regulating usage of your available space are covenants, conditions and restrictions clauses, known collectively as "CC&Rs."CC&Rs can also dictate how a business can...
Consider these 3 factors before starting your own pharmacy
You've been a pharmacist for years, and you've realized that there is a lot of money to be made by running your own independent pharmacy. You are interested in running a pharmacy, but you know that it can take a lot of work and be costly.Before you decide if you want...
Force majeure clauses and public health concerns
The world seemingly changes every minute as a result of the impact of the deadly coronavirus. Everyday life is on hold as communities struggle to get the virus under control. Due to quarantines and social distancing, many businesses have had to adapt in order to...