You likely heard that on June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”). The PPPFA provides some much-needed clarity and modifications to the Paycheck Protection Program (“PPP”). Overall, the changes are beneficial to employers who applied or are planning to apply for PPP and it appears the government...
Trembly Law
As a business owner, you spend an enormous amount of time trying to avoid this situation. However, it is not uncommon during the course of business that you will be faced with the prospect of having to defend your company against a lawsuit. This can happen to sole proprietorships and large corporations alike. To help...
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...
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...
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...
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...
Boilerplate clauses are, by definition, routine provisions that appear in nearly all business contracts and are often overlooked. This does not mean they lack significant weight or have any impact on your business agreement. The purpose of boilerplate clauses is to protect the interests of all parties that sign the contract. In practice, some may...
One of the most important considerations for potential franchisees to address when negotiating and signing the relevant contracts is his or her franchise’s territory. When you are operating as one location that is part of a much larger corporation, you must perform a great amount of due diligence to ensure that your assigned territory is...