General Business

Springer Bush & Perry advises clients on all aspects of corporate and business law, including business formation and dissolution; partnership and limited liability companies, business advice, corporate taxation, capital growth through equity or debt, mergers, acquisitions, and divestitures. Our business clients operate in a wide variety of industries and professions and range in size from one person startups to franchises to multi-million dollar international enterprises. We counsel clients on the numerous and varied issues which arise in the course of the operation and management of a business. We regularly advise corporations on the issuance of capital stock and on restricting stock transfers in various ways. We have assisted corporations and other business entities in financing acquisitions, expansions and new lines of business, both with respect to public and private finance markets and with governmental grant and loan programs.

Attorneys

 Steven R. Bovan

 Kenneth A. Eisner

 Robert E. Harper

 Edward R. Lawrence, Jr.

Franchising

Springer Bush & Perry is well aware of the impact that franchising has on the national economy. Franchising accounts for nearly $1 trillion of sales and represents approximately 40% of retail sales spent in the United States. Springer Bush & Perry provides a wide range of legal services required by national, regional and local franchisors and cooperatives. Our practice advises established and new franchisors and cooperatives in all aspects of their business, including drafting of all forms of franchise documents, such as the franchise offering circulars, franchise agreements, membership agreements, bylaws, guaranties, indemnity agreements, licenses, and security agreements.

Springer Bush & Perry also advises franchisees, as well as parties interested in buying a new or existing franchise. Included within such representation is advising the client of the terms of the uniform franchise offering circular and the proposed franchise agreement. Franchisees typically also desire to form a new business entity in which to operate their business. Springer Bush & Perry works with clients to determine what type of entity is best suited to own and operate their business.

Attorneys

 Kenneth A. Eisner

Helpful Hints

What is a franchise? Franchising is a way of doing business that provides both a method and a marketing tool for businesses to expand their market more rapidly and less expensively. A franchisor offers its franchisees the right to sell its good or services. Typically, the franchisee pays an initial fee to acquire this right and then pays royalties on its gross sales to the franchisor throughout the term of the franchise agreement. In return for these payments, each franchisee gets privileges, the most important of which include (a) the right to sell recognized products or services; (b) the right to use the franchisor’s business practices; and (c) the receipt of training and support.

Research has shown that the success rate of new franchisees is much higher than that for other new business start ups. This is because, without a franchise, a new entrepreneur is responsible on a daily basis for matters such as marketing, sales, human resources, customer service, quality assurance, operations, accounting, legal compliance, and much more. A franchisor has typically developed a system to address most of those issues, which systems have proven successful and are duplicatable.

Many of the most successful franchisees are able to combine and control the entrepreneurial spirit with the willingness to abide by a proven system. In any event, if you are considering starting a new business, at least give some thought to becoming a franchisee.

Healthcare

Constantly changing legal and economic circumstances are imposing difficult new demands on healthcare providers. Because of the growing regulatory burdens, escalating costs, and increasing competition, healthcare providers are constantly being forced to address a wide range of legal issues. Springer Bush & Perry possesses a specific expertise in representing physicians and physician practices. Springer Bush & Perry advises physicians in private practices on a wide range of areas, including determining the proper form of the practice, who the owners of the practice should be, strategic business planning for the ongoing growth of the practice, structuring practice transactions, contractual agreements, restrictive covenants governing physicians entering and leaving a practice, mergers and acquisitions, employment issues, and appropriate compensation of its member physicians. Our counseling of physician clients incorporates areas such as estate and tax planning, and succession planning.

Attorneys

 Kenneth A. Eisner

Articles of Interest by Kenneth A. Eisner

 All Physician Employment Agreements Are Not Created Equal

 Healthcare Provider Restrictive Covenants - A Bitter Pill To Swallow

 Physician Employment Agreements - Not Always What The Doctor Ordered

 You Can Bank On Your Doctor’s Competence

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