Pass Your Business Free of Inheritance Tax
The greatest part of America's wealth lies with family-owned businesses. According to the US Census Bureau, family firms comprise 90...
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Fiffik Law Group, PC
- Jul 13
- 5 min
Personal Guaranty Loopholes
Obtaining financing is one of the biggest challenges facing business owners. Virtually every bank will require a personal guaranty before...
Fiffik Law Group, PC
- Mar 18
- 2 min
Are You Ready to Franchise Your Business? Costs for First Year of Franchise Sales
Total Estimated Costs for Initial Franchise Sales: $22,500 to $75,500 The franchise sales stage comes right after the franchise...
Fiffik Law Group, PC
- Mar 10
- 3 min
Are You Ready to Franchise Your Business? Costs to Franchise Your Business
Total Estimated Costs to Franchise Your Business: $20,000 to $100,000 The franchise development stage is the stage where you go from...
Fiffik Law Group, PC
- Feb 28
- 3 min
Are You Ready to Franchise Your Business? Steps In The Franchising Process
1. The Franchise Assessment: Is Your Business Franchisable? Since franchising starts with you, your business and your goals, the first...
Fiffik Law Group, PC
- Feb 15
- 1 min
Sorting Out Complex Family and Financial Situations
Take a look at your life and your assets to see if you fit into one or more of these situations that can impact your finances: You're in...
Fiffik Law Group, PC
- Jan 25
- 4 min
I’m Outta Here! Can You Walk Away From an LLC?
By Michael Fiffik, Esquire It is impossible to predict if or when a business arrangement will break down. Businesses often run into...
Fiffik Law Group, PC
- Dec 15, 2021
- 2 min
Protecting Your Trade Secrets
Every company has information that is important to its business. This information could be financial in nature or perhaps substantive...
Fiffik Law Group, PC
- Sep 30, 2021
- 4 min
Business Continuity | Caring For Your Business
If you have a critical illness or pass away, who will run your business? If you don’t have a plan for this scenario, you’re exposing your...
Fiffik Law Group, PC
- Sep 30, 2021
- 2 min
Tackling Access to Capital – National Black Business Month | Small Business Resources
August marks National Black Business Month, a month in which Black businesses and Black entrepreneurs are recognized and celebrated for...
Fiffik Law Group, PC
- Sep 30, 2021
- 1 min
Quarterly Planning for Your Small Business
As the leader of your company, you know it’s your job to keep yourself and your team focused on the right things. We encourage our...
Fiffik Law Group, PC
- Feb 7, 2021
- 5 min
Proven Ways to Avoid a Personal Guarantee
In part one, Remarkable Truth About Personal Guarantees, we explained what a personal guarantee is and the risks that they present to the...