COVID-19 and commercial leases: Force Majeure
I’ve received a few calls over the recent weeks related to COVID-19 and commercial leases. Namely, "I can’t pay my rent. What do I do now?” or “I’m closed so…
Category: Blog
COVID-19 – Helpful Resources & Links
The Department of Labor answers questions about the Families First Coronavirus Response Act (“FFCRA”)…”If my employer is open, but furloughs me on or after April 1, 2020 (the effective date…
Oh, the Lessons we are learning
I know the last six weeks have been incredibly painful for small businesses — and the 26 million people who now find themselves unemployed as a result of COVID-19 —…
What we know about Section 7(a) loans under the Stimulus
For business owners, these are head-spinning times. So much new information on a daily basis and imminent decisions that need to be made on people, payroll, and rent. The stimulus…
What tastes slightly bitter but remains drinkable? Mediation success.
Mediation is something I have been thinking a lot about lately. Partly because I am deciding whether or not to train as a mediator this year and add it to…
Top Seven To-Dos to Get Your Business House in Order, 2020 Edition
I don’t know about you, but this January I’ve had the clean-out and clean-up bug—WAY MORE so than in previous years. Maybe because the world feels a bit chaotic right…
The Ups and Downs of Franchising – Is it Right for You?
In October, without much notice, a franchise (the Donut Bar) closed its Scottsdale location. It had been open only a year. In a televised report last week, the franchise owner,…
Talking Real Deals: Arizona Business Seller Speaks Up
After I help someone sell or buy a business, I always ask them if they have wisdom they would be willing to share with others who have never been through…
Tales from the dark side, landlord edition
When I get a call from a client who is looking to sell or buy a business the first questions I ask are about the lease and the landlord. Why?…
Business owners: avoid potential grief and take note of the new LLC Act
A few months ago, I gave you an overview of Arizona’s new Limited Liability Company Act (the “New Act”). Unless there is some last-minute legislative wrangling, it is slated to…
