Franchise tax exemptions provide relief for certain businesses from the obligation to pay franchise taxes. One common exemption criterion is based on business size, with many jurisdictions offering exemptions or reduced tax rates for small businesses. These exemptions may be determined by factors such a...
A reprint of the editorial "Proposed "Carried Interest" Tax Increase Threatens Thriving Franchise Market," which appeared in the October 8, 2007 issue of "Nation's Restaurant News," is presented. The author argues that franchise companies will be put in jeopardy if the idea to change the way...
Franchise Tax In the United States, a state-level tax on a businesses and partnerships registered or chartered in that state. The franchise tax is paid annually and gives a business or partnership the right to continue to operate in that state. Franchise taxes are calculated differently in each...
It is a good source of revenue for the states. And helps in fundinginfrastructureprojects and development like healthcare, education, etc. The franchise tax board collects the amount of tax that depends on the state's rules. Still, it is generally levied on all business corporations, sole pro...
SBA backed loans are offering favorable funding terms and low interest rates. Typically, these loans require 20% to 30% down of the total loan and a logical business plan. Experience in the business is a big plus. Be sure to consider in your loan application two key expenses that often ar...
In the case of multi-jurisdictional franchising, intellectual property rights might be held in a specific intellectual property holding company resident in a certain jurisdiction (e.g. Ireland or Luxembourg), to take advantage of beneficial tax rates. ...
The courts, normally, consider whether: (1) a valid business interest of the franchisor exits; (2) the scope of the restriction is narrowly tailored; (3) compensation was paid for such non-compete; and (4) the geographic and temporal scope is narrowly tailored. ...
Make sure to follow the tax laws and keep up with the Goods and Services Tax (GST) rules. #5. Create a System of Support for Franchises Having support really makes a difference for a franchisee’s success. As a franchisor, it’s important to offer ongoing support, like: Training: Provi...
Chick-fil-A may use the funds at its election from time to time prior to your funds being disbursed pursuant to the terms of the Franchise Agreement, and if and only to the extent that Chick-fil-A does so, Chick-fil-A will pay interest on the used funds for the time period o...
I have found BOBS to be very interesting and it has turned into only the fifth company I have bought into this year as it meets most of my criteria for things I look for in a potential investment. Some main points of interest are: I have found BOBS to be substantially undervalued, I ...