Business Law

The Benefits And Disadvantages Of Owning A Franchise

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For those whose dream is owning a business, it can become a reality with the option of opening up a franchise. More and more corporate workers are looking at franchises as a viable career option after years of unfavorable work conditions and continued downsizing. If you want to consider the idea of a franchise business, speak with a reputable franchise lawyer like Suzanne Cummings. She can be found at

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Reasons To Open A Franchise

There are many benefits of opening a franchise instead of starting your own business from scratch. Historically, franchise businesses create jobs in cities much faster than any other type of business. This means a positive outlook on the local economy. It is a turnkey system that has already proven to be successful. You will have all of the necessary tools given to you in order to succeed. Most small business owners get little to no support trying to build their brand.

A franchise allows you the opportunity to share your ideas and challenges with other owners facing the same issues. Franchise owners are in business for themselves, but they are not by themselves. As a franchise owner, you can greatly benefit from a well-known brand that has already been established. As soon as you open, you will have customers coming through the doors.

Disadvantages Of A Franchise Business

Opening any type of business can come with risks and cons. With a franchise, you are going to have to put down a lot of money to get started. Branded franchises are costly and most entrepreneurs cannot afford the cost to get started. Every year, franchise owners are required to pay royalty payments in return for the operational support they receive and the free advertising they benefit from.

These are just some of the many pros and cons of owning a franchise business. For some, this may be their only option for owning a business. Before taking on a franchise business, it is important to fully weigh your options and be sure it is something you can handle.

Business Law

How is Important Compensation in Your Business

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An employee is injured at their workplace every seven seconds. This is the sobering statistic from the National Safety Council (NSC). Many of these are in the form of slips, trips, and falls that were preventable if the proper safety precautions were taken by the business. Unfortunately, these are not addressed in some organizations.

Workers’ Compensation

If you are harmed due to a workplace injury or, unfortunately, a family member is killed, you are entitled to workers’ compensation insurance. Companies across the United States, including Oregon, are mandated to own a policy by law. What that coverage is and its payouts depends on the number of employees the business has. Medical expenses in the form of doctor and hospital bills are covered under these policies. In addition, your company’s may also handle disability payments while you recover as well as rehabilitation and, in the worst case, death benefits.

Assistance to get the required compensation

Unfortunately, there are some situations where the company is reluctant to pay out worker’s compensation. They can claim the injury is self-inflicted or it took place in a location that was not a remote worksite. In another situation, they may pay only a small percentage of your bills and disability. When these problems occur, you need to reach out to a worker’s compensation lawyer for assistance. Firms across the state, like the law offices of Peter O. Hansen, offer services to assist you in these claims. Their goal is to provide you with 100% of the compensation you are entitled to from your injury.

How they work for you

These firms gather all of your information, including medical bills, x-rays, and reports to state and local authorities like the Occupational Health and Safety Administration (OSHA). This is presented to your management and their lawyers for an out of court solution. Should your employee be unwilling to pay any more, then the workers’ compensation lawyer will ensure you receive the best possible outcome during a trial. In the end, they want businesses to uphold the state laws and keep their integrity by supporting an injured employee. workers compensation attorney salem oregon

Divorce Attorney

4 Ways to Tell Your Children About Your Divorce

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Divorce is never an easy thing, but it can be especially complicated when there are children involved. Here are just a few tips for telling your kids that it’s over between you and your spouse.

1. Don’t Sugarcoat It

Vague metaphors will only confuse your children about what’s happening. They might not realize the seriousness of the situation, or they might jump to the wrong conclusions without you even realizing it. While you can break the news gently, you still need to be clear and concise about the fact that you and your spouse won’t be together anymore.

2. Explain How Things Are Going to Change

This is what your child will really want to know. If mom and dad are splitting up, where will they live? Will they still get to see the other parent? When are people moving out or moving away? What does this mean for their future? Even if you don’t have all of the answers, you owe it to your child to offer as many as you can.

3. Don’t Mention or Assign Fault

Don’t put any blame on yourself or your partner for the way that things ended. Even if your personal feelings on the subject are a bit more complicated, they should be kept to yourself in front of the kids. You should also be careful about saying things like, “It’s not your fault.” You might accidentally plant the idea that it is their fault.

4. Support Their Feelings

Your child might experience a whirlwind of emotions when they understand that you’re divorcing. Don’t try to suppress them. Let your child feel what they feel, and offer them unconditional love and support as they work through their own emotions during this troubling time.

These are just a few ways that you might break the news of your divorce to your children. If you need additional assistance, consider contacting a family lawyer in your area divorce lawyers in Gurnee, IL. They can help you keep things as amicable as possible as you and your spouse begin separate chapters in your lives.

Business Law

A Few Reasons to Have a Trust Fund Set Up for Your Loved Ones

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No one lives forever, but at the same time, no one wants to think about their death. However, it is the right thing to do. In fact, it is the responsible thing to do. Estate planning is something everyone should engage in, and perhaps the most important part of estate planning is to create a living trust. The following are a few reasons to consider a living trust rather than a will.

It avoids the expense of probate

When you die, even with a detailed will, your estate will need to go through probate court. It is here that a judge will look at your finances at the time of your death to determine what liabilities you still had and make sure creditors and others who have a claim on your assets get their money. After this, the assets will be dispersed to the beneficiaries in your will. The problem with this is that it costs money to go through this process. At the very least, the executor of your will needs to hire an attorney, at least for the purpose of consultation, but the process of probate can hit snags with people making claims on your assets. This means even more legal expenses.

It means your heirs get your assets faster

Probate court is not only expensive, but it takes time. Often your assets are needed by your loved ones today. They cannot wait. By having a living trust, they will have their inheritance quickly. A revocable trust is a living trust that allows a trustee to pay any claims against your estate. This is done in a short time frame, and your heirs won’t have to wait until everything is paid off. The trustee knows which liabilities need to be paid and takes care of it. This bypasses the need for a judge.

If you’re interested in creating a living trust for your loved ones, you need to consult with an estate planning attorney. An attorney at law beaverton or can give you information that applies to your specific finances.

General Article

4 Tips for Buying Insurance

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Maybe it’s mandatory in your state. Maybe you just want to protect something that means a lot to you. Whatever your reasons for seeking insurance, there are four things that you should know before you sign up for a particular policy.

1. Research the Different Types

You’re probably familiar with things like car insurance and homeowners insurance, but did you know that you can also buy insurance for everything from travel delays to farm animal health? If you’re making a monetary investment in it, you can probably insure it. Look into the different types of insurance policies to find the one that best suits your needs.

2. Read Reviews of Insurance Companies

These might be a little more difficult to find than restaurant reviews, but they’re still out there. Insurance providers live and die by customer feedback just like any other business. In addition, by reading their reviews, you can get a better idea of how they operate as a company. Do customers seem satisfied with their services? Do the reviews reel people in or warn them away?

3. Stay Local

If you’re opening a retail store in Florida, make sure that you’re looking for small business insurance services Florida. You don’t want to stray too far from home when it comes to your coverage. Local laws can impact your policy, and the quotes that you’re offered from websites can vary drastically depending on your location.

4. Mind Your Budget

Speaking of quotes, you’ll want to consider your budget when shopping for insurance. For example, if you can’t handle an expensive premium every month, it might be worth it to sign off on a high deductible. You can also call the insurance provider and ask about ways to lower your rates. They should have different options for you.

These are just a few things to think about when you’re in the market for insurance. Whether you’re hoping to protect your car, your real estate or your very life, you’ll want to feel confident in your insurance selection. It should give you peace of mind about the future.