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ATA NBTA | The National Board of Trial Advocacy Association of Trial Lawyers of America Virginia Trial Lawyers Association National Asociation of Distinguished Counsel | Nation's Top One Percent | NADC

December 2012 Archives

What happens when a business partner leaves the partnership?

When you work closely with another person on the time-consuming and often frustrating process of building and maintaining a profitable business venture, your partner's sudden announcement that he or she has decided to leave the partnership can feel like a divorce, or worse, a death. While you previously had your partner to rely on for both the daily tasks and long-term goals and obligations of your Virginia small business, you have now found yourself alone. That can be unsettling, daunting and, in many cases, frightening.

Lawsuit with franchisees shows complexity of business litigation

Disclosure documents that were recently filed following the sale of Quiznos Franchising Company LLC have shed a lot of light on the company's financial and legal difficulties in recent years. The disclosure shows that in-store sales are down and the number of stores has dramatically decreased in recent years, which is unwelcome news for any company.

Popular franchise expands by 3,000 locations

A few weeks ago we posted about how Starbucks acquired specialty tea brand Teavana. Now, they are changing their business model even further by adding 3,000 new locations across the globe in the next five years. The coffee magnate is also planning to renovate numerous existing stores.

Advice for growing a small business

The recent economic woes impacting people across the country and in states like Virginia have left many business owners scrambling to make ends meet. A weak economy often impacts small business owners and entrepreneurs much more than larger corporations. In response, to ensure economic success entrepreneurs must be prepared and savvy.

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