As the economy continues its march toward recovery, many small business owners are becoming emboldened by the prospect of branching out.
Growth of a small business has to be done in a calculated manner, and our Boston business lawyers know that there are a number of different ways through which it can be successfully achieved.
One of the options that business owners will want to weigh is whether they should go the route of sole ownership or whether they should instead turn to franchising. Each comes with its own unique set of benefits and challenges. For those considering both options, a consultation with an experienced legal team may help you determine which is best for you. There could be legal implications, depending on your size, business model and projected growth, of which you may not yet be aware.