Association Health Plans expanded definition of Employer opens some doors
On June 19, 2018, the U.S. Department of Labor (DOL) issued an updated definition of “Employer” under Section 3(5) of ERISA (Association Health Plans), which was finalized in the final rule on July 10th, 2018.
Remember registering a “Franchise” with the SBA is mandatory…at least it is if one plans to use SBA financing.
The U.S. Small Business Administration created the SBA Franchise Directory to try and streamline the process for entrepreneurs looking to access capital. According to SBA Associate Administrator Willam Manger, “It’s a one stop shop to check the growing list of eligible brands for SBA financing. Since its establishment, the Directory and new procedures have received extremely […]
Do you know what is important about the “Purchase Price Allocation” in an asset purchase transaction?
Generally speaking when purchasing a business, the buyer is only going to want to acquire the assets of that business and not buy the actual business entity. Why not? Well, the entity could have unwanted characteristics or hidden liabilities. For example, if the previous owner made a mistake on a tax return, that mistake could lead to thousands in […]
