Territorial Rights and Restrictions
Learn about territorial rights and restrictions in this informative article.
Schuyler 'Rocky' Reidel
Renewal Rights
Discover the importance of renewal rights in various industries and how they can impact businesses.
Royalty Payments
Discover the ins and outs of royalty payments in this comprehensive article. Learn how royalties work, who receives them, and how they are calculated.
Advertising Fund Contributions
Discover the importance of advertising fund contributions and how they can help businesses thrive in a competitive market.
When to Get an Export License
Trading outside of the United States is exciting. It opens you up to new markets. But it also presents unknowns. And plenty of questions. “What are some typical criteria for obtaining an export license?” Naturally, you want to resolve doubts about how regulations might affect your business. That’s why we’ll attempt to answer your most … Read more
What is the Lacey Act?
Nature is awe-inspiring. Which is why protecting it is so vital. In 1900, President William McKinley signed a law against wildlife trafficking. According to the Lacey Act, certain plants, fish, and wildlife are illegal to be possessed, transported, or sold for trade. In the following sections, we’ll discuss its relevance today. And how to comply … Read more
How Much Do Franchise Owners Make?
In 2016, Michael Keaton portrayed Ray Croc in a movie titled, “The Founder.” McDonald’s is a household name. And the inspiration fueling many franchise owners. After all, who doesn’t want to obtain that level of success? But starting off, the ideal first step is to be realistic. Learn how much franchise owners make. Then start … Read more
Can I Import from or Export to Cuba?
Nobody wants a visit from law enforcement for an avoidable offense. As an importer or exporter dealing in foreign trade, it’s good to stay up on Cuba sanctions. That way your business can access this market. The United States maintains limited engagement with the Cuban government. But there are exceptions to restrictive foreign affairs. And … Read more
Gas Station Buyers: Franchise or Independent? What to Know
Despite a push for fully-electric and hybrid vehicles, gasoline use remains high. Especially when you have to shell out an average of $66,000 for an EV. Ouch. Savvy entrepreneurs like yourself understand this. And are entertaining the thought of buying a gas station. The only question is, independent or franchise? By the end, we hope … Read more
How Has Nearshoring Impacted the U.S. Economy?
How Has Nearshoring Impacted the U.S. Economy? In recent years, reliance on global supply chains has led to increased risks. Not only for U.S. companies but our economy as a whole. Nearshore outsourcing is the suggested solution from the White House. But with that comes the debate about how realistic an option it is. Which … Read more
