The idea of franchising is a couple of centuries old. The franchising business and world economies have developed simultaneously. The term ‘franchise’ comes from old French where it meant freedom, or privilege. Franchising goes back to the olden days when the feudal lords granted consent to their slaves and common
Capitalizing a new business entity is a vital step of the formation procedure. Failing to take the step may result in serious legal problems if the entity is ever sued. Thus, what’s capitalization and what actions must be taken? Capitalizing Your Corporation “Capitalization” basically refers to financing your corporation. In