The relationship between franchisors and franchisees can be a smooth and effective one if both sides fulfill their obligations. This requires certain sacrifices and compromise on both sides, as the franchise structure is a unique way of doing business. Our firm will give franchisees and franchisors three tips each for keeping relations pleasant and mutually beneficial.  For Franchisees Stay true to your Read More

Introduction Several countries are placed under complete lockdowns and at a standstill due to the Coronavirus pandemic, impacting all phases of life and government. Small and medium sized businesses are severely affected due to these lockdowns. Employers have mandated employees to work remotely. While this method might minimize the spread of the virus, it may also present a risk in terms of protecting trade secrets Read More

Owners of apartment and condo buildings with rental units are facing a tough time. Tenants are also unable to pay rent and various cities and counties have entered orders preventing residential evictions. We have put together some tips for building owners looking to recover payments and get help. Here are 4 steps that these building owners can and should be taking: 1. Immediately call your mortgage company to see Read More

As various cities and municipalities are lifting closure orders nonessential businesses, employers are scrambling to reopen and bring employees back to work. There are several issues that employers need to keep in mind in this scenario, and this article endeavors to identify some of the more potent concerns or issues that may arise. 1. When implementing “Return to Work” policies and procedures Employers need to Read More

Becoming a franchisee is an attractive option for many aspiring entrepreneurs who feel more comfortable with a significant amount of guidance during their first business endeavor. This blog is structured as a general guide to help you understand the steps you need to take to open your own franchise in the state of Florida.  Before you take the first real step, you need to have done an extensive amount of research Read More

It’s me again, Veronica, Chair of the Litigation Department at Trembly Law Firm. Congratulations for making it through another week working remote! We’ve settled into a nice little routine with working remote, albeit we have skipped quite a few school zoom sessions (sorry Miss Dani) and I caught strep throat from my adorable little son. It hasn’t been easy, but we made it. Having made it through this week here are Read More

Business interruption insurance compensates the policyholder for lost business income if the policyholder’s company had to vacate the premises or close its doors. The cause is due to disaster-related damage that is covered under the policy. In other words, this insurance covers the revenue you would have earned, based on your financial records, had the disaster not occurred. This may include casualties such as fires, Read More

Do you qualify for a PPP Loan if you are an Independent Contractor or Sole Proprietor? For an individual with Self-Employment Income who files a Form 1040, Schedule C to be eligible for a Payroll Protection Program (PPP Loan), it must meet the following requirements: In operation on February 15, 2020; An individual who is a independent contractor or a sole proprietor (a partner in a partnership cannot file Read More

As the “Paycheck Protection Program” (“PPP”) was put into action, it brought with it, anxiety for multiple businesses. This anxiety is the result of the PPP’s confusing language, and lack of any clarifying guidance able to untangle it. Worse off, businesses were left to apply for shelter in an unprepared banking system only to find that many banks put priorities on larger businesses. Still, several smaller businesses Read More

Effective April 9, 20201 Program: The Main Street New Loan Facility (“Facility”), which has been authorized under section 13(3) of the Federal Reserve Act, is intended to facilitate lending to small and medium-sized businesses by Eligible Lenders. Under the Facility and the Main Street Expanded Loan Facility (“MSELF”), a Federal Reserve Bank (“Reserve Bank”) will commit to lend to a single common special purpose Read More