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I have kind of a business arrangement / franchise potential

Hi... I have kind of a business arrangement / franchise potential question. Where I am the franchisor.I have a small chiropractic business I am expanding. I have a guy that is struggling in practice. He is a good chiropractor and great guy but just not business savvy and I have the opportunity to kind of partner up with him (bail him out so to speak) by helping him get his business going by converting it to a franchise location for me or partnering up with him in some way.Advantage to him is he can break even or make money quickly to support family, etc. using my model (well in theory). He is bleeding about 1k a month right now and has been at it 1.5 years with just a 3k month overhead so he aint exactly growing too quickly.Advantage to me is that I can add another location to my company fairly quickly/easily (be our 3rd) in an area I would love to have a location with a doc ready to go... so that is my drive to make this happen.So the question is this. If I move forward with this, I am struggling on ideas of how to arrange the 'deal' with him.Not sure I want to take over his lease for him (1.5 years remaining) because he could of course abandon ship. Could just add my name on to lease and take over his operations and hire and train him. That seems clean only because he is still on hook for lease but why do that if don't have to be on it is my struggle there.Next option I thought is have him sign on as franchisee and just add addendum for no Franchise Fee, No royalties, etc and maybe just defer it all along with paying back any money I spend to get this going (be about $15K initially most likely to get him up to speed and hit marketing hard for several months)I have come up with scenarios and typed them out but didnt want to attach here because feel like it will be too overwhelming to read my potentially terrible scenarios.So my question is... Can you give me some ideas on a way to employ or partner with a guy in a situation like this where it makes the most sense.Perhaps some partnership hybrid where he can't abandon ship if all is not going well. So maybe he stays on lease and we just have an agreement with him that we take over his finances of the office and hire him as 1099 for low wage plus percentage as turns profit.Or perhaps a modified franchise option as mentioned above with a loan to get him going and he starts implementing my systems. Starts paying an amount per month towards these things on a profit level reached.Anyway.. hope this is a reasonable question you can give me some insight on.While I will probably consult an attorney in my area I like checking with this service as well so I can get an affordable second opinion and maybe just ideas of creative fair ways to structure it but most importantly any pitfalls to watch out for that I would not see coming or know about.

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Ely

Counselor at Law

Juris Doctor

64,422 satisfied customers
I have published some apps in Apple's App Store. And, for

I have published some apps in Apple's App Store. And, for publishing apps using encryption, I have got an Encryption Registration approval from BIS ("BIS" refers to U.S. Bureau of Industry and Security).According to web page http://www.bis.doc.gov/index.php/policy-guidance/encryption/reporting#One, I need to file a annual self-classification report for every year. The web page says that "A annual self-classification report for applicable encryption commodities, software and components exported or reexported during a calendar year (January 1 through December 31) must be received by BIS and the ENC Encryption Request Coordinator no later than February 1 of the following year.". So, it seems that the report should only include things exported or reexported.And, here are my questions: (1) If one of my apps that I have published in App Store is a free (can get without money) app, should the report include this app? I don't know whether a free thing may be "exported". (2) What is the exporting and reexporting with reference to? Is it the United States? (3) What does "reexport" mean? What is the difference between it and "export"?Please answer my questions. Thanks!

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Damien Bosco

Attorney

Doctoral Degree

3,066 satisfied customers
Our company (based in Hong Kong) is looking to set up a US

Hi. Our company (based in Hong Kong) is looking to set up a US Investment Advisor business. There are various things we need to arrange, and the most difficult/time consuming would appear to be working visas. While we work on this issue I would like to ask a couple of questions about options for registering with the SEC if our principal place of business is outside the USA.1. Can we establish an affiliate company in Hong Kong and register this business with the SEC as an IA? If we are not physically based in the USA this will avoid any visa issues. We can still comply with the various IA rules and regulations. Is there any requirement for the Principal to have a US visa?2. If we cannot do this, would it help if we established the business in the USA e.g. Delaware LLC, but did not have a place of business in the USA. Could we register this company with the SEC?Basically I am trying to find a way on how we can get the US business started (we would call into the US via Skype - not be physically located in the USA) while we wait for Immigration issues to be processed.Thanks

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Damien Bosco

Attorney

Doctoral Degree

3,066 satisfied customers
Would the following contract terms be considered a restraint

Would the following contract terms be considered a restraint of trade? . . . .Whereas, Northstar Computer Forms, and its affiliate, AmeriTech will accept a non-compete agreement with the prime contractor, Concept Printing, Inc for every contract renewal period for the vital records contract *********** and thereafter the current contract expires. Thus, Northstar and AmeriTech agree that this non-compete agreement also covers related future, “follow-up” on contracts. Northstar and AmeriTech agree not to submit pricing for printing bids to the City of New York or any other contractor or subcontractor pertaining to this contract in the future.

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California Lawyer

Attorney

Post-Doctoral Degree

870 satisfied customers
I am selling my business. In 2014 I entered into a 1 year

I am selling my business. In 2014 I entered into a 1 year exclusive agreement with a broker that ended in 2015. I entered into a different exclusive agreement with a different broker earlier this year that lasts 120 days, and ends next month.Both of these brokers have now introduced me to separate buyers who are both offering identical deals, same money, same terms.Exclusive broker will not budge on their commission (they initially told me that they would sell our business inside of 4 months for a LOT more than the offer that is presented now), however, now that the offer is a lot lower, they won't budge on commission. Which would normally be fine, except the other deal we have on the table from the other broker is with much less commission.I have communicated this with both brokers, one will negotiate, the exclusive one will not. I told them I'm just being up front and trying to get the best deal possible and not trying to cheat anyone out of anything, but the offers we have on the table are for far less than what they "valued" my business for.My question is, can we just wait until the exclusive agreement with the high commission broker ends and sell to the other party, without owing the exclusive broker $$?

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P. Simmons

Attorney

Doctoral Degree

35,656 satisfied customers
I want to start a taxi service in Atlanta, starting with

I want to start a taxi service in Atlanta, starting with only one car. What are the requirements for the same.

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Richard - Bizlaw

Juris Doctor

9,796 satisfied customers
I hope this is the right place to post this. I am the owner

Hi. I hope this is the right place to post this. I am the owner of a small company and we are currently naming our product, which is entirely electronic. In searching for the name we came up with for our product, we stumbled upon two companies that might pose a problem. One uses our intended product name as the name of their company, and they are in the same basic industry as us, yet it is fairly obvious that our product and them would not be affiliated in any way. Furthermore, the name in question is a common word with one letter removed for stylization. A fictional example would be Rise spelled "Ris", although that is not the name we are intending for our product. The other company is a night club.I am just wondering what the law says in this regard, and whether we would be on the safe side going ahead with our intended product name.

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Asad Rahman

Attorney

J.D.

3,108 satisfied customers
Educator ONLY! I have a few questions I would like

For Law Educator ONLY!I have a few questions I would like to ask you.Please respond asap.Thanks!

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,012 satisfied customers
I am writing an amended answer and countercomplaint

I am writing an amended answer and countercomplaint for a small claims suit brought against my husband alleging non-payment on a loan. The loan in question is a) not in writing, and b) "regarding the student loan", in which the lender is an institution and student loan was co-signed for by the Plaintiff in 2004. Plaintiff is claiming that Defendant owes him for any amounts paid for by the Plaintiff, although no agreement was ever made on this, either orally or in writing. Furthermore, the claim amount is over twice as much as the amount paid to date on the student loan by either party. The argument we are using in the amended answer is a) general denial of all claims, b) affirmative defense, c) violation of BUSINESS AND COMMERCE CODE, TITLE 3. INSOLVENCY, FRAUDULENT TRANSFER, AND FRAUD CHAPTER 26. STATUTE OF FRAUDS Section 26.01(b)(6) in that the alleged oral agreement an agreement which is not to be performed within one year from the date of making the agreement (in other words, any agreement the Plaintiff is claiming must be in writing or it is invalid after 1 year); and the counterclaim is for fraud and abuse of process.I need assistance in the following please:Which affirmative defenses applies to this case?What is the specific Texas law code to support the counterclaim for fraud and abuse of process?

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Ely

Counselor at Law

Juris Doctor

64,422 satisfied customers
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