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The Internicola Law Firm, P.C. Blog

A Blog All About the Expansion and Protection of Your Business and Business Interests

The Internicola Law Firm Blog is all about the expansion, protection and improvement of your business and business interests. In this popular publication Charles N. Internicola, Esq. and the attorneys at The Internicola Law Firm discuss important issues involving:

  • Franchising Your Business;
  • Buying a Franchise;
  • Business Transactions;
  • Partnership Disputes; and
  • Legal counsel for your business

New York’s Expansive Definition of a “Franchise”: Trademarks Not Required

The definition of a franchise and the factors utilized to evaluate the existence of a franchise have important implications. That is, does the business arrangement providing for the multi-unit expansion of your business qualify as a franchise and thereby subject you to franchise regulations and disclosure requirements?  The answer to…

Date: 11/23/2015 | Category: General

Franchise versus Startup

Now is as good a time as any to start a small business. The U.S. economy is gaining steam and unemployment is down to 5 percent. People have money to spend and are ready to invest. The question is: Should you start your own business from scratch or should you…

Date: 11/22/2015 | Category: Start a Franchise

How to Avoid Partnership Disputes

Even the best, long-term partnerships can devolve into bitter disagreements. Partnership disputes can arise from many different situations but they most often involve misaligned management philosophies. Arguments can happen any time partners don’t see eye to eye on branding, culture, and growth strategy. If partners aren’t careful, their once productive relationship…

Date: 11/20/2015 | Category: Partnership Disputes

Tips for Realizing Franchise Success in Any Business

A newly-started franchise begins with an “edge” that a newly-started standalone business doesn’t. And we don’t mean a well-known brand name, product, or service. The “edge” is the clear and focused guidelines that guide the operation of the business from its first day.

Date: 11/17/2015 | Category: General

A Powerful Tool for Franchisors: “Liquidated Damages”

The typical franchise agreement is representative of the disproportionate bargaining power between the franchisor and franchisee. That is, franchise agreements favor franchisors. One such favorable clause contained in franchise and license agreements relates to liquidated damages.

Date: 11/16/2015 | Category: General

Meeting With Your Lawyer About a Business Dispute? Here’s How to Prepare

When you meet with an experienced New York lawyer who handles business disputes, you want your meeting to be productive. Here are several tips to prepare for that meeting. These should help the conversation proceed efficiently and get your questions answered.

Date: 11/13/2015 | Category: Corporate Counsel

Should You Choose a Franchise or an Independent Business?

Owning a small business can be one of the most fulfilling personal and professional decisions you make.  Once you’ve decided to take the leap, you must answer the next question: would you prefer to own a franchise, or run an independent business? Both options have advantages and disadvantages.  

Date: 11/11/2015 | Category: Start a Franchise

What Future Franchisees and Franchisors Need to Know About the Term “Proven Franchise System”

If you are researching the benefits of franchising, buying a franchise or starting a franchise, chances are that you have come across articles and promotional materials discussing the benefits of a proven franchise system. That is, prospective franchisees are advised that if they become a franchisee of  a particular franchise…

Date: 11/09/2015 | Category: Start a Franchise

Before Buying a Franchise, Check with These Sources

Buying a franchise is a significant business decision. The U.S. Federal Trade Commission (FTC) provides information for consumers who are considering buying a franchise. Among other tips, the FTC recommends consulting the following sources before you buy:

Date: 11/05/2015 | Category: Buy a Franchise

Why “Due Diligence” is Critical when Buying a Business or Franchise

For the first time franchise or business purchaser due diligence is critical.  Although the term due diligence may sound odd or out of place, it simply refers to the pre-purchase/pre-investment investigation that you undertake before signing a franchise agreement  or business purchase agreement.  In his article “What is Due Diligence…

Date: 11/02/2015 | Category: Buy a Franchise