Blog & News

Rule ASC 606 The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board recently jointly issued rule ASC 606 known as “Revenues From Contracts With...

The Franchise Disclosure Document (FDD) is one of the first essential pieces to deciding how to proceed in your franchising journey. With many FDDs being over 200 pages, these documents can feel...

For over a year, the economy has been reacting to a global pandemic. Governments ordered everyone to stay home, resulting in incredibly challenging times for businesses. Often the business operates...

BACKGROUND Florida Senate Bill 750 has taken one step closer to becoming law.  Known as The Protect Florida Small Business Act, Florida Senate Bill 750 would greatly impact both franchisors and...

One of the benefits of buying a franchise is that there is often business guidance and support for launching the business. Nonetheless, there are some issues that the owner or franchisee should be...

The difference between a franchise and a business opportunity is quite often confused and cause serious issues for the business if not handled properly.  Both a franchise and business opportunity...

Operating a business during an economic downturn can be an uneasy situation. Politicians, economists and consumer experts disagree about whether the United States is currently in a recession. But...

Background On New NASAA Guidelines to Item 19 of the FDD New guidelines for Item 19 of the Franchise Disclosure Document (FDD) on Financial Performance Representations (FPRs) will benefit...

If you are entering into a commercial lease in Pennsylvania, you most likely encounter a clause in the commercial lease (in bold and all caps) called “Confession of Judgment”.  There are...