We assumed a lease at a shop and, in light of the current economy, our sales have dropped. I am behind on rent and I'm being evicted. The owners are pursuing the balance of the lease term (three years). I tried to settle outside of court but they will not budge. What should I do?
I plan to start an export company. The goods would be manufactured in India and shipped to Ghana. For paperwork-related issues, such as an opening letter of credit, I may use a U.S.-based bank. Also, I would like to put a U.S. address on the product stating that XYZ company is registered in the U.S. What forms do I need and what steps should I take?
Do companies such as Belkin, which produces accessories such as protector sleeves for Apple iPods, need permission from Apple, since the sleeves ONLY fit iPods? And does such a company need permission to market the product as an iPod accessory, as long as it acknowledges that it's not an official Apple product?
I want to remove myself from an existing corporation that my partner wants to keep running. I want to have nothing else to do with it, and I want it to have nothing else to do with me in any legal, liability or financial sense.
I am about to start a restaurant with my partner, and he will run the day-to-day operations. I will be responsible for the accounting. How should our salaries be determined? Industry average for both? Or should I sacrifice my pay until we're profitable since he is running the restaurant?
I operate a printing business with two full-time employees out of the basement in my home. Companies are refusing to provide homeowners' insurance because the business is in the same building. Can you offer any advice?
I want to start a business designing and making handbags. However, I do not want to design my own fabrics for the purses. Is it legal to use purchased fabrics from fabric wholesalers and sell the purse under my business name?
I bought a cleaning franchise over 2.5 years ago. I've had all sorts of problems from the start in terms of marketing and getting customers, even though the franchise stressed there was a high amount of demand in the territory. The franchise promised to assist in marketing but their help wasn't useful. I followed their marketing program and basically have run out of money. Two other new owners in my area have already opened and closed because of not enough demand. What can we do?
My startup concept is a new website aimed at a niche demographic. I have a comprehensive business plan, but do not have a PPM. I am seeking $1 million from an equity investment.
My research indicates that a PPM could easily cost me $10-20,000--money which I do not have because I have used the money to develop a beta version of my site. Do I need to continue to pursue development of a PPM?
Could I save money by doing a mock-up of a PPM and simply have a lawyer edit it?