Can Making An Insurance Claim Due to Forced Closures Help Your Small Business?

By Nancy Lanard | April 6, 2020

CAN MAKING AN INSURANCE CLAIM HELP? Previously I wrote about business interruption and property damage insurance claims as they relate to COVID 19.  This article will briefly provide additional information on the topic of insurance coverage in light of many local and state government required closures of non-essential businesses. It is important to review your…

Read More

What Does A Small Business Need To Know About The CARES Act?

By Nancy Lanard | March 30, 2020
Loan Approved

WHAT DOES A SMALL BUSINESS NEED TO KNOW ABOUT THE CARES ACT? This article was prepared based on the guidelines published by the US Chamber of Commerce. 1. What Is The CARES Act? The Coronavirus Aid Relief and Security (CARES) Act is the new law that was enacted to provide $350 billion to keep small…

Read More

NEW CORONAVIRUS BILL REQUIRING PAID EMPLOYEE LEAVE SIGNED INTO LAW

By Nancy Lanard | March 19, 2020

NEW CORONAVIRUS BILL REQUIRING PAID EMPLOYEE LEAVE President Trump signed the Families First Coronavirus Response Act yesterday. This Act provides the first time that the United States has had widespread, federally mandated, paid leave.  This law gives two weeks paid sick leave if the employee is ill, seeking a diagnosis, quarantined, or under preventive care…

Read More

WILL BUSINESS INSURANCE HELP DURING A COVID 19 CLOSURE?

By Nancy Lanard | March 18, 2020

WILL BUSINESS INTERRUPTION INSURANCE OR PROPERTY DAMAGE INSURANCE HELP PAY THE RENT AND OTHER FIXED COSTS DURING COVID 19 CLOSURE Yesterday I wrote about suggestions that franchisees and retail tenants can take to move forward in these difficult times with the COVID 19 virus and forced closures.  This article will briefly discuss another option –…

Read More

COVID 19 IMPACT ON FRANCHISEES AND TENANTS

By Nancy Lanard | March 17, 2020

COVID 19 IMPACT ON FRANCHISEES AND TENANTS FRANCHISEES –  If you are unable to stay open for business because of the COVID 19 epidemic/pandemic, you should have discussions with your franchisor to strategize on the best way to handle the situation.  Having open discussions with your franchisor allows both parties the opportunity to arrive at…

Read More

PRESS RELEASE – Nancy Lanard to Receive PA Bar Association Award

By Nancy Lanard | February 25, 2020

Plymouth Meeting, PA (February, 2020) Montgomery County Pennsylvania Attorney Nancy Lanard to receive the 2020 H. Robert Fieback Award at the PBA Commission on Women in the Profession Conference in Philadelphia in May. The Pennsylvania Bar Association (PBA) Commission on Women in the Profession will present its annual H. Robert Fieback Award to Montgomery County…

Read More

Personal Guaranty Issues in a Retail Lease

By Nancy Lanard | September 14, 2019
Read the fine print of a lease carefully

What are the issues of signing a personal guaranty in a retail lease? Personal guarantees allow a landlord of a retail lease to have individuals guaranty the financial obligations of the tenant in the lease. It is another means that a retail landlord has of ensuring payments from the tenant. What should the guarantors be concerned about when signing a personal guaranty?

Read More

NEW CALIFORNIA LAW AB-5 MAY CHANGE FRANCHISING IRREPARABLY

By Nancy Lanard | August 27, 2019

California’s new definition of Independent Contractor on its new law AB-5, could have a permanent detrimental impact on franchising.

Read More

Should A Prospective Franchisee Work with a Franchise Broker/Consultant

By Nancy Lanard | June 11, 2019

Why should a prospective franchise consider using a franchise consultant or broker?

Read More

Why Is It Important To Review The Franchisor’s Audited Financial Statements

By Nancy Lanard | May 29, 2019

Why is a review of the franchisor’s audited financial statements important?

Read More