Rush on Business » Franchise Law
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Rush Nigut is a Iowa business lawyer providing info on business, franchising and employment issues. He practices primarily in business and franchise law.
Rush on Business » Franchise Law
6d ago
I recently took a call from someone eager to buy a restaurant franchise. They were excited, optimistic, and ready to take the plunge. The idea of owning their own business, working for themselves, and controlling their destiny had them fired up. They had done some research, run the numbers, and figured they were ready to ..read more
Rush on Business » Franchise Law
1w ago
In an era of increasing sophistication in scams, fraudsters have found a new tactic: exploiting real business names and lawyer identities, likely scraped from Secretary of State websites or public records, to bolster their credibility. This scheme not only tarnishes reputations but also endangers unsuspecting victims who may unknowingly engage in fraudulent dealings. I recently ..read more
Rush on Business » Franchise Law
2w ago
A client recently asked for my thoughts on a new franchise they are considering. When it comes to franchising, there is a unique allure to being one of the first. You imagine the chance to “get in on the ground floor,” to ride the wave of a promising new concept. But investing in a new ..read more
Rush on Business » Franchise Law
1M ago
Continuing royalty payments after termination are often an overlooked financial trap in a franchise agreement. When you sign the deal, you agree to pay franchise royalties as part of the agreement. But what most franchisees do not realize is that these payments can continue even after termination of the agreement. This leaves you financially exposed ..read more
Rush on Business » Franchise Law
1M ago
Phishing tactics are growing, and “impersonation” is their sharpest tool. In recent months, it seems more businesses are reporting phishing attempts targeting their operations, with bad actors posing as trusted contacts or clients. The result? Devastating losses in both data and finances. Impersonation has become the leading method because it works by exploiting human trust—attackers ..read more
Rush on Business » Franchise Law
1M ago
Risk-taking. It is the secret sauce behind many successful young entrepreneurs. When you are young, you have a unique advantage. You have the time to recover from mistakes. Mistakes become learning experiences, not setbacks that define your career. This mindset allows young entrepreneurs to take risks that older, more established business people might shy away ..read more
Rush on Business » Franchise Law
2M ago
Sales numbers are seductive. I see posts all the time on X and in articles about franchise operations bragging, “We did $10 million in sales this year!” But here’s the truth: sales numbers alone are smoke and mirrors. The key metric everyone overlooks? Profit. Sales ≠ Success. High sales are impressive, but they don’t reveal ..read more
Rush on Business » Franchise Law
2M ago
Thinking about buying a business? It’s a big decision, but choosing between a franchise or an independent business can shape your entire experience. Both have their perks—and their pitfalls. So how do you decide? First, consider what drives you. If you thrive on structure and proven systems, a franchise might be the better fit. You ..read more
Rush on Business » Franchise Law
2M ago
Diversify or concentrate? It’s a question that divides entrepreneurs. But what if both are right? I saw a video where one guy made millions by diversifying—spreading his investments across multiple businesses, minimizing risk while building steady wealth. Then another guy comments below: “You’re wrong. You’ve got to focus on one thing to win.” Wait a ..read more
Rush on Business » Franchise Law
2M ago
If you are thinking about franchising in Iowa, you need to know one thing: Iowa franchise law is unique, and most out-of-state laws firms don’t really get it. Let me explain. Iowa Code Chapter 537A.10 governs franchise agreements in this state. It lays out the specific rules and regulations that franchisors and franchisees must follow ..read more