While bankruptcy is not a pleasant topic to discuss, it is prudent to at least understand the process, implications, and ultimately the benefits of utilizing a business or personal bankruptcy for distressed businesses. Franchisees facing extreme economic hardship should take careful note of the benefits and costs to a business bankruptcy and understand the terminology, … Read more
Managing franchise relationships is a key indication of how successful a franchise system will be. Every franchise system is only as strong as its weakest franchise franchisee and that relationship is paramount to succeeding as a franchisor. While being proactive as a franchisor can quell any potential franchise relationship issues early on, what are the … Read more
2020: Advice from the Experts The new year is always an exciting time for businesses and entrepreneurs. A time to reflect again on the progress from last year and begin planning for how to make this year even better. Reidel Law Firm always endeavors to give our clients and friends the best in both the … Read more
Contracts, the bedrock for business since the dawn of civilization but what are they good for? Something we generally take for granted in our modern business environment, contracts are ubiquitous in every business relationship in nearly every country in the world. Even with contracts I am sure many of our readers have experienced failed business … Read more
Despite the ongoing trade disputes around the globe, businesses have increasingly been seeking opportunities overseas. Even for the small business owner, overseas acquisitions can be an exciting and lucrative way to expand your business and opportunities. For those considering an opportunity overseas, the following can serve as a short roadmap for how to prepare. Why … Read more
My Top 6 Mistakes Overseas 1. Taxi Scams – Of course we have all fallen victim to these as tourists and business travelers. I have actually become rather adept at noticing these scams in my most common destinations I visit now. Most commonly they will run a higher tariff rate (runs the meter faster) or … Read more
Lessons Learned Doing Business Overseas Reidel Law Firm represents and transacts business with partners and clients around the globe. In our travels and projects we have had the opportunity to work with many cultures and countries. On rare occasions these projects sour a bit and become a learning experience for us. In this article I’d … Read more
Protecting Your IP as a Franchisor As you build your franchise system and brand, protecting your intellectual property from imitators, rogue franchisees, and even inadvertent infringement is imperative to a successful and growing franchise. The trademarks and brand are an essential element to what makes a franchise system attractive to potential franchisees and even your … Read more
US Expands Foreign Investment Reviews I detailed the changes in export controls previously [cite] passed within the John McCain National Defense Authorization Act of 2018. Another piece of that legislation importantly affects many future foreign direct investors seeking to invest in the US. The Foreign Investment Risk Review Modernization Act of 2018 has greatly expanded … Read more
Export Control Reform Act – Headaches to Come for Exporters The Export Control Reform Act of 2018 (ECRA) was passed in June as part of the John McCain National Defense Authorization Act of 2018, along with other trade and FDI related regulations. While the ECRA has the word reform right in the title, exports and … Read more
