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Through the Small Business Administration (“SBA”) Following a request from the governor of the State of Illinois on March 17, 2020, the SBA declared a disaster for the entire state of Illinois and various contiguous counties in Iowa, Indiana, Kentucky, Missouri and...
Through the Small Business Administration (“SBA”) Following a request from the governor of the State of Illinois on March 17, 2020, the SBA declared a disaster for the entire state of Illinois and various contiguous counties in Iowa, Indiana, Kentucky, Missouri and Wisconsin. The declaration makes Illinois businesses impacted as a direct result of COVID-19 eligible to apply for Economic…
Earlier this week, we listened to a webinar sponsored by the American Bar Association Forum on Franchising on Franchising and COVID-19. While they obviously could not put forth any hard and fast rules about what franchisors should be doing during this crisis, they...
On Wednesday, March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (“Act”). The Act goes into effect on April 2, 2020. The Act imposes different leave and paid leave obligations on employers with fewer than 500 employees, and is...
Investing a franchise is often a great opportunity, but not always. Like any business structure, some opportunities involve reliable parties, while others involve disreputable or fraudulent parties. A skilled and knowledgable franchisor may find a number of ways to...
In an increasingly globalized world, franchises are more popular than ever. Businesses often thrive when they are instantly recognized and feel familiar to consumers. This is especially true when it comes the franchised brands such as restaurants, bars, fast-food...
Deciding that you want to open a franchise is a big step toward owning a business. You have to ensure that you make the best decision for your situation when you're trying to narrow down your options. There are several things that you need to review and focus on...
The Indiana Secretary of State, Securities Division recently announced that it has launched its Indiana Securities Portal and that as of January 1, 2020, all franchise registration applications must be filed electronically through the Portal. Any paper filings or...
During the holiday season, we pause to reflect as we enter a new year and decade. We are reminded of how fortunate we are on both a business and personal level. We are enriched in many ways by our relationship with our clients and business associates. In...
Illinois Human Rights Act (“IHRA”) Effective January 1, 2020, numerous changes will go into effect. Here are some of the key changes: Employers will be required to provide sexual harassment training each year, with restaurants and bars being subject to additional...