Now is the Time for Small Businesses to Plan for 2025
As we approach the end of another year, small business owners in Pennsylvania should be thinking strategically about the future....
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Fiffik Law Group, PC
Aug 64 min read
Navigating the Future: 7 Questions for Small Business Owners on Succession Planning
As a small business owner, you likely view your enterprise as not just a short-term economic venture but rather a legacy built on hard...
Fiffik Law Group, PC
Jul 244 min read
Changing Your Business Name: Steps to a Smooth Transition
Changing the name of your business can be a pivotal moment in your entrepreneurial journey. It can also be a royal pain in the butt. ...
Fiffik Law Group, PC
Jul 126 min read
Business Purchase Roadmap
There are two common ways to buy a business: a stock purchase or an asset purchase: In a stock purchase, you buy the company (whether a...
Fiffik Law Group, PC
Mar 223 min read
Understanding the Duty of Loyalty Owed by Members of a Limited Liability Company
In business, the concept of loyalty extends beyond customer relationships to encompass the duty that partners owe to their own...
Fiffik Law Group, PC
Apr 12, 20233 min read
5 Crippling Mistakes to Avoid When Starting Your Business
According to the U.S. Bureau of Labor Statistics, nearly 1 in 5 businesses fail within the first year, and more than 55% of all...
Fiffik Law Group, PC
Jul 22, 20224 min read
Pass Your Business Free of Inheritance Tax
The greatest part of America's wealth lies with family-owned businesses. According to the US Census Bureau, family firms comprise 90...
Fiffik Law Group, PC
Jul 13, 20225 min read
Personal Guaranty Loopholes
Obtaining financing is one of the biggest challenges facing business owners. Virtually every bank will require a personal guaranty before...
Fiffik Law Group, PC
Mar 18, 20222 min read
Are You Ready to Franchise Your Business? Costs for First Year of Franchise Sales
Total Estimated Costs for Initial Franchise Sales: $22,500 to $75,500 The franchise sales stage comes right after the franchise...
Fiffik Law Group, PC
Mar 10, 20223 min read
Are You Ready to Franchise Your Business? Costs to Franchise Your Business
Total Estimated Costs to Franchise Your Business: $20,000 to $100,000 The franchise development stage is the stage where you go from...
Fiffik Law Group, PC
Feb 28, 20223 min read
Are You Ready to Franchise Your Business? Steps In The Franchising Process
1. The Franchise Assessment: Is Your Business Franchisable? Since franchising starts with you, your business and your goals, the first...
Fiffik Law Group, PC
Feb 15, 20221 min read
Sorting Out Complex Family and Financial Situations
Take a look at your life and your assets to see if you fit into one or more of these situations that can impact your finances: You're in...
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