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Atlanta Business & Commercial Law Blog

Keys to becoming a successful franchisee

One of the significant benefits of being a franchisee is that the franchisor has already blazed the trail. That entrepreneur has created a system based on key successes and costly mistakes that comes with establishing a business. Applying the plusses and minuses can help build a successful enterprise.

According to Rick Grossmann, author of the Franchise Bible, the following represent important steps for new and existing franchisees to take.

Restrictive covenants: When do they go too far?

Restrictive covenants – including noncompete and nonsolicitation agreements – play an important role in protecting your business. They help you guard the competitive edge you have worked so hard to build. They shield your business from unscrupulous employees and vendors. And they prevent employees and partners from gutting your business when they leave.

However, restrictive covenants can become legal minefields. Poorly drafted agreements are likely to be challenged. They may turn out to be unenforceable, leaving your business with gaping vulnerabilities.

Basics of employment discrimination for small businesses

Employees play a big role in the success of many small businesses. Along with employees, however, come important – and often confusing – legal responsibilities.

Nondiscrimination is a major aspect of employment law. For a small business, a discrimination claim can not only deflate the morale of your employees and irreversibly damage your reputation, but it can also lead to lengthy and expensive legal proceedings.

A new alliance between Apple and Nokia born out of a lawsuit

Nokia was once the world’s largest seller of mobile phones. However, when Apple and Samsung began to gain prominence, if not a dominant share of the market, the Finnish telecommunications company found themselves no longer leading the pack.

Not content with having their devices outmuscled, Nokia reinvented itself by holding on to multiple patents for interfaces and mobile device widely used by both Android and Apple. What soon became a mainstay of the company’s annual revenue was closely and aggressively guarded.

A not-so mythical, yet highly colorful battle over beverages

Sometimes, the scarcity of a product is its greatest appeal. The McRib and Shamrock Shake became legendary items on McDonald's menu because the offerings appear for a brief time and then disappear.

Starbucks recently created their own product of mythical proportions and appropriately named it after a mythical being. The beverage immediately gained popularity, trending on social media and capturing the imagination of consumers and the media.

Understanding the ins and outs of dissolving a corporation in Georgia

There is perhaps nothing more exciting from a business perspective than a group of like-minded and talented individuals coming together to devise a unique product or service with a high profit potential.

Indeed, when the timing is right and the potential investors are lined up, these individuals can move forward with realizing their shared vision. While this naturally means moving forward with research, development and perhaps even production, it also means taking more practical steps, such as renting space, leasing office equipment and, of course, registering as a corporation.     

Do you have what it takes to become an entrepreneur?

Not everyone has what it takes to become an entrepreneur. Common traits go beyond being the smartest, most talented, or access to resources that give them the proverbial “leg up.” Success comes from what seems to be minor disciplines that eventually will help them stand out among their peers.

Entrepreneurs are often referred to as “scrappy” in achieving success beyond their wildest expectations. For them, it comes from a commitment to the simpler things in life that provide them with the resilience to relentlessly achieve their professional goals.

The battle over self-driving technology

Google is the “Goliath” amidst a sea of “Davids.” The Alphabet’s dominance as an internet services and products provider is practically without peer. Even the name of the company alone has become a synonym for internet searches, much like the name recognition Kleenex and Jell-O enjoys.

Those uncertain of that prestige should “google” it.

How to stand out as a veteran-owned business

Military service equips you with skills and experiences you won't find anywhere else. After the rigors of active duty, you'll likely emerge with far greater strengths than you realized.

Unfortunately, though, many veterans find themselves struggling to get back on their feet after reentering civilian life. A nine-to-five job simply might not suit you. Or you may have suffered debilitating injuries that require rethinking your line of work.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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