The Entrepreneurial Lawyer’s Blog

Stay connected with the latest commercial and business law news from Soden & Steinberger.


October 5, 2017

Covenant to Non-Compete: What are the Rules?

As a general rule of thumb, every franchisor will want to build a non-compete into their Franchise Disclosure Document (FDD). Once you give a franchisee the complete playbook to running and operating your successful business model, you don’t want them to turn around and start running their own offshoot. Which is where the non-compete comes in. It protects you.

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September 6, 2017

Purchasing a Franchise: What Are your Financing Options?

For individuals seeking the rewards of entrepreneurship but looking for a safer bet when launching into the business space, purchasing a franchise is a great route to go. Some even refer to franchises as a paint-by-number business. You get the proven game plan from the franchisor and then implement their rock-solid system. This route is especially popular for individuals looking for a second career, often times exiting the corporate world.

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