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Archive for November 2016

What Is A Fictitious Name Registration?

What Is A Fictitious Name Registration and Do I Need One? I am often asked whether a fictitious name registration is needed for a client’s business.  The first point is to understand what a fictitious name registration is.  If you are doing business under a trade name that is not also your entity (corporation or…

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Choosing Your Business Entity

Choosing A Business Entity – what are the options? Choosing your business entity is often the first important legal decision that an entrepreneur must make.  In the last few years the choices have become greater.  An individual business owner can have a sole proprietorship, corporation (C or S) or limited liability company.  An organization with several…

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Item 19 of the Franchise Disclosure Document (FDD)

ITEM 19 OF THE FRANCHISE DISCLOSURE DOCUMENT (FDD) Background On New NASAA Guidelines to Item 19 of the FDD New guidelines for Item 19 of the Franchise Disclosure Document (FDD) on Financial Performance Representations (FPRs) will benefit franchisors, franchisees and sales consultants. These new guidelines go into effect early in 2017 (http://www.nasaa.org/40282/notice-request-comments-regarding-proposed-franchise-commentary-financial-performance-representations/).  The new guidelines are…

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