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WHAT KINDS OF INSURANCE DOES MY BUSINESS NEED? ( PART 2)

Posted by David Katz | Jan 19, 2020 | 0 Comments

From the very first day a new business owner opens a business, he takes on the risk. Before the first employee is hired and before the first invoice is sent, your new business needs to have an insurance plan in place to confront the plethora of challenges that the marketplace has to offer. 1.Com...

Debt Ratios for Restaurant Franchisees

Posted by David Katz | Nov 25, 2019 | 0 Comments

Buying into a franchise can be financially rewarding for a business owner. However, there are always risks with any business enterprise, including franchises. A franchise circular makes it clear that the franchisor is not providing any guarantees of success with the opening of any franchise and p...

WHAT KINDS OF INSURANCE DOES MY BUSINESS NEED?

Posted by David Katz | Nov 24, 2019 | 0 Comments

A. IF YOU RUN A BUSINESS, WHETHER IT AS A CORPORATION OR PROPRIETORSHIP, YOU WILL NEED TO CONSIDER PURCHASING DIFFERENT KINDS OF INSURANCE IN ORDER TO COVER YOUR BUSINESS RISKS. While there are many reasons for considering the purchase of insurance for your business, the Small Business Administr...

WHAT TO DO IF YOUR COMPANY IS FACING A LAWSUIT

Posted by David Katz | Oct 20, 2019 | 0 Comments

A. THE LAST THING YOU SHOULD DO IS IGNORE WHAT IS NOW IN FRONT OF YOU. Whether you or your company have been sued either by a vendor, client or another business chances are that it will cost you both time and money to defend. Lawsuits are the last thing that companies need because they take away...

HOW TO COLLECT ON A JUDGMENT AGAINST AN INDIVIDUAL DEBTOR

Posted by David Katz | Jul 13, 2019 | 0 Comments

A. GETTING A JUDGMENT IS JUST THE FIRST STEP. YOU NEED TO HAVE A PLAN IN PLACE TO SATISFY THE JUDGMENT. Many of you have heard the expression "paper judgment" or "empty judgment.". Those terms apply to situations where a creditor gets a judgment and cannot enforce the judgment within a reasonabl...

HOW TO ENFORCE YOUR OUT OF STATE JUDGMENT IN MASSACHUSETTS

Posted by David Katz | Jun 30, 2019 | 0 Comments

1.DOMESTICATING OUT OF STATE OR FOREIGN JUDGMENTS JUST GOT EASIER FOR CREDITORS BY THE PASSAGE OF G.L.c.218, section 4A. The Massachusetts legislature recently passed G.L.c.218, section 4A which provides for a more simple process for registering an unsatisfied judgment entered in another state ...

WHAT STEPS MUST AN EMPLOYER FOLLOW TO LEGALLY HIRE INTERNS

Posted by David Katz | Mar 10, 2019 | 2 Comments

A. IF YOU HIRE INTERNS FOR TO WORK AT YOUR COMPANY IT IS IMPERATIVE THAT YOU CLASSIFY THEM PROPERLY. Summer is right around the corner and the interns will so follow. Whether they come from high school, college or those employees who might fall in the post-college category they all need to be tr...

WHAT YOUR BUSINESS NEEDS TO KNOW ABOUT PERSONAL GUARANTEES

Posted by David Katz | Dec 26, 2018 | 0 Comments

A. ITS ONE THING TO HAVE A PERSONAL GUARANTEE AND ANOTHER THING TO HAVE AN ENFORCEABLE PERSONAL GUARANTEE. I was recently involved in a civil case in Middlesex Superior Court wherein a creditor equipment leasing company had sued both my client and his company and was later attempting to attach my client's residen...

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