Questions answered by Kevin Brendan Murphy

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BuyOwner.com franchise is no longer able to serve us. Am I entitled to a refund?

Kevin's answer | Answered on April 30, 2009

I don't understand your statement that the franchise in Arizona was LOST. Was the Arizona franchise the entity you contracted with? Franchises are...

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How do I get a patent for a business name and recipe?

Kevin's answer | Answered on April 25, 2009

Neither a business name or a recipe are proper subjects for patent protection. The business name, if also used to identify the goods or services,...

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I am sole proprietor of a tax service business. Should I change as a corp or remain as sole proprietor?

Kevin's answer | Answered on April 24, 2009

Hiring someone as an independent contractor (using a 1099 Misc.) is a very risky strategy and will likely lead to an audit UNLESS (a) the person is...

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Do I have any legal right toget out of a SBA loan.

Kevin's answer | Answered on April 24, 2009

No lender (including the SBA) makes bad investment decisions a ground to cancel repayment obligations to the lender. From what you have said, it...

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Can I enforce a contract upon a business partner who agreed to pay his debt with me if he sold the business?

Kevin's answer | Answered on April 19, 2009

Depending on how the sale is structured, you may be able to file a claim as a creditor of the business before escrow closes. Because you say the...

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My name was signed illegaly to a franchise business contract & that business owes the IRS back taxes am I leaglly responsible?

Kevin's answer | Answered on April 14, 2009

You need to consult with an attorney in NJ about your situation. In some community property states, either spouse can legally obligate the other...

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A friend started an internet business, he is the owner, however, he offered me regional ownership.

Kevin's answer | Answered on April 13, 2009

You need to consult with a franchise attorney to get a handle on the big picture. You stated your friend has plans to franchise out each region....

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I am thinking to open an electrical buisness should I file LLC ?

Kevin's answer | Answered on April 03, 2009

It's more of a business call than a legal decision - especially given the length of time to get trained, then take and pass the electrical license....

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I bought a gym franchise in june. Many reasons later I want out but they wont refund any of the money. what can i do if anythin

Kevin's answer | Answered on April 02, 2009

You need to consider both what the contract says about refundability as well as the disclosures made in the FDD - Franchise Disclosure Document....

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I am working for a Franchise company who is providing me with accounts did the work, and did not get paid for two months.

Kevin's answer | Answered on March 27, 2009

Although you have a franchise and the "large corporation" provides you with accounts, that is probably just a account referral and doesn't...

Kevin Brendan Murphy's Answers (563)

BuyOwner.com franchise is no longer able to serve us. Am I entitled to a refund?

How do I get a patent for a business name and recipe?

I am sole proprietor of a tax service business. Should I change as a corp or remain as sole proprietor?

Do I have any legal right toget out of a SBA loan.

Can I enforce a contract upon a business partner who agreed to pay his debt with me if he sold the business?

My name was signed illegaly to a franchise business contract & that business owes the IRS back taxes am I leaglly responsible?

A friend started an internet business, he is the owner, however, he offered me regional ownership.

I am thinking to open an electrical buisness should I file LLC ?

I bought a gym franchise in june. Many reasons later I want out but they wont refund any of the money. what can i do if anythin

I am working for a Franchise company who is providing me with accounts did the work, and did not get paid for two months.