Buying out your partner
William, Denver, Colo.
This question is a follow-up to “Who gets the name in a business custody battle?”
What happens when the majority shareholder wants to franchise the business, but the minority partner is against it? The minority partner is not willing to expand with her current partner. Instead, she’d like to go it alone. Does this trigger a buyout? Is that the best and only solution? Read more…
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DiggSecuring small business loans in a melting economy
The scoop on financing a chain of Dairy Queens
Sid, Atlanta
My partner and I have owned more than 10 Dairy Queens over the past 20 years. We’ve never lost any locations. Each is incorporated separately. We’ve been trying to capture another location in Alabama. They’re asking $625,000 and we’re ready to put 20 to 25 percent down. It seems hard to get a loan these days. Is it because the market is falling? Do you think we might face a problem securing the loan? Read more…
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Mary Sue wants to resell her Coney Beach franchise territory. Do you have tips for how Mary Sue can successfully sell her territory?
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