Franchise in Puerto Rico- Should You Buy or Create One?
A Franchise is a business model that has allowed many people to stop being employees as it facilitates the transition from employee to self-employment. However, franchising Puerto Rico is not for everyone or all types of businesses. As a franchise development consultant and franchising lawyer helping organizations develop franchises or individuals purchasing one, I would […]
Puerto Rico Dealers, Franchises, Distributors and Sales Reps May Be Protected by Acts 75 and 21
Businesses including franchises wishing to market their products in Puerto Rico must be aware of two important laws that regulate the commercial relationship between a principal and a distributor. These are Puerto Rico Dealers Act Law 75 and Law 21. The laws were enacted to protect Puerto Rico distributors, dealers and sales representatives from a […]
Non-Compete Agreements in Puerto Rico
By Robert A. Fleming- Business Attorney Puerto Rico Labor employment: The Non Compete Agreement Along with confidentiality agreements, covenants not to compete help companies protect their private information and limit unfair competition from employees who leave. If your company does business in Puerto Rico is important to understand that the courts in Puerto Rico disfavor […]
Trade Secret Protection in Puerto Rico
By: Robert A. Fleming- Business Attorney Puerto Rico Puerto Rico has a new statute to regulate the use and protection of industrial or trade secrets. Known as the “Industrial and Trade Secret Protection Act of Puerto Rico.” Act No. 80 of June 3, 2011, follows the model law of the Uniform Trade Secrets Act (UTSA). […]
Find Your Place Away From the Competition
As small businesses owners find it increasingly difficult to compete in a crowded marketplace, they try to market to everyone. Unfortunately you cannot be all things to every customer. If you are that kind of business there is another way. It’s about focusing on your uniqueness. By differentiating yourself from the competition, you are creating valuable […]