Franchise Legal Advice and Business Tax Benefits on Franchise Business Radio
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Pamela Currie, Host of the Franchise Business Radio show and Founder of Franchise Intellect, Inc. www.FranchiseIntellect.com
Mobile: 847-970-8765
Email: Pam@FranchiseIntellect.com
To learn more about guest topics, contacting a guest or becoming a guest on the Franchise Business Radio show simply email Pam@FranchiseIntellect.com
Michael Rosenthal
Email: MRosenthal@TaylorEnglish.com
Practicing at the Atlanta based firm of Taylor English Duma, a 175 lawyer general business practice firm. I have been in practice for 39 years, and focus my practice primarily on franchise and distribution law. I represent both franchisors, and franchisees looking to buy or sell a franchised unit or units. I handle both franchise disputes and franchise transactions (buying/seller of units or territories). Mike’s practice is local, national and international – he is an active member of the IR Global international network for attorneys and accountants, and is Chair of its Ethics Committee.
Topics:
• Brief overview of FDD.
• Layout of the FDD
• All Items in FDD are important, a couple of specific items discussed …
–Items 5, 6 & 7-Explanation of Fees. Item 7 is the Estimated Initial Investment and outlines what it takes to get up & running in business. Do you have an opinion on a fixed flat royalty versus a % based royalty?
–Item 12–Territory Definition
–Item 17—Terms (Renewal, Transfer, etc.)
–Item 19—Financial Performance Representation
–Item 20—Growth / Attrition Table
–What does Personal Guarantee mean
Website and/or Social Media Links
https://www.taylorenglish.com
https://www.linkedin.com/in/michael-rosenthal-a578154
John Quattrocchi
Corporate Financial Options
Email: johnq@johnqcpa.com
John Quattrocchi, CPA works with restaurants, franchisors and franchisees. The crown jewel of his services is complete end to end outsourced bookkeeping accounting, tax and CFO level financial management. An affordable and effective solution for busy and expansion minded business owners, John Q is always willing to adjust his services to meet the needs of his clients.
Topics:
–Explain EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).
–How can an owner take compensation….. in the form of expenses or from the profit line?
–Examples of expenses / tax advantages?
–Is a Franchise Fee something you can write off? What about a Territory Fee? Equipment?
–Tax Tips
Web Site and/or Social Media Links:
www.CorporateFinancialOptions.com
The Franchise Business Radio show is a platform to bring together franchise professionals to connect, educate and collaborate to serve the franchise community and those considering franchise ownership.
Spotlighting Leaders in the Franchise Industry, experts in funding, legal, marketing and consulting.
Franchise Business Radio hosted by:
Pam Currie, Founder
Franchise Intellect, Inc
Made possible in part by:
Host Pamela Currie, Franchise Intellect, visit: http://www.
Also made possible in part by:
Franchise City, visit http://www.Franchise.
FranServe, visit https://franserve.com/
To nominate or submit a guest request visit: http://www.OnAirGuest.com
To view guest photos from this show, visit: http://www.ProBusinessPictures.com