There are initial and ongoing costs involved in a franchise system which, when grossed, can become significant for a franchisee. Factoring these costs in while meeting scaling sales targets and maintaining adequate working capital can result in quite the financial jigsaw puzzle to grapple with.
Read more +You and your business partner Ryan run a hospitality business as 50/50 partners. You may have a written agreement in place or a mere friend to friend handshake. Due to unfortunate events, Ryan passes away. What happens to your business? Is Ryan’s spouse or child your new business partner?
Read more +The information in this blog is of a general nature only and does not constitute legal advice. We strongly recommend you seek actual legal advice if you wish to set up a Family Trust. For further information contact Shane Rohde on - 0275 123485. Alternatively, the contact email is - shane@laterallawyers.co.nz
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