It is really more a question for your accountant to determine from a tax perspective. Additionally, if you are going to have shared resources...

I would suggest selling the business for a fire sale price (even $1) to get out from under the lease obligations and release all guarantors.

It is very important that you retain experienced franchisee counsel. Most of us work nationwide (there is no state franchise law in TX, so only...

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As my colleagues have stated, the lapse in registration does not impact your situation. However, I would suggest contact the state Attorney...

I would report this to the CA Attorney General's office as they have a franchise compliance officer who regulates franchising in CA. Good luck!

If you are not a licensed professional, like a physician, attorney, accountant, etc., then you do not have to form a professional LLC. In PA a...

Attorneys are not allowed to solicit business on Avvo and we cannot share our fees. However most of us charge a flat fee and work nationwide. I...

I would strongly recommend you create a new entity for this new business. It is never a good idea to utilize an existing LLC for a new business,...

Generally it is best to sign the commercial lease in the entity name (corporation or LLC). The Landlord may require that you sign a personal...

Your question is confusing. It seems that your landlord (LL) is asking you to sign an addendum. Is the LL also your franchisor? In either case,...