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El Contrato de Franquicia en Puerto Rico

Las franquicias son métodos ampliamente utilizados para hacer negocios ya que se adaptan a una gran variedad de productos y servicios.  Como modelo de negocio, constituyen un sistema para impulsar el crecimiento de una empresa.  Son sistemas únicos en los cuales unidades separadas se conectan para impulsan el crecimiento de un negocio sumamente integrado. El caso  normativo  Franquicias Martín´s BBQ, Inc.  v.   Luis García, 2010 TSPR 71,  nos provee algunos parámetros para entender la…

Recent Studies on Small Business and Job Creation

A recent study commissioned by the Small Business Administration (SBA) reinforces previous studies that small businesses create very few jobs. Its author, researcher L. Spencer Tracy presents conclusions on who actually create jobs in the economy. With unemployment rampant in Puerto Rico, this should be evaluated by the government to determine whether incentives and other initiatives need to be redirected. For many years,  the government has emphasized  self-employment and the creation of new businesses as…

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Managing IT to Create Business Value

Every year companies waste billions of dollars in IT products and services with high expectations that do not materialize.  While IT can assist a company do new or different things-  it has no inherent value  unless it enhancing the company’s competitiveness. Well intended products and services will create value only if management focuses on expected benefits, links them  to the business strategy and governs their delivery. This is a shared responsibility that must be actively…

Sube el costo del afidávit

En Puerto Rico, cada vez que un notario certifica la firma de una persona,  tiene que cancelar un sello del gobierno en su libro.  Este sello ahora cuesta un 66% más. Recientemente se aprobó una ley (83-2012) para aumentar  a   “cinco ($5.00) dólares el valor de la estampilla de la Sociedad para la Asistencia Legal que los notarios deben cancelar en su Registro de Testimonios; y disponer que los pagos realizados para la compra…

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Legal Entities in Puerto Rico

By: Robert A. Fleming- Business Attorney Puerto Rico Investors in Puerto Rico have a variety of options for managing & optimizing  liability  and tax issues.  A business can operate under  a wide range of legal structures, from basic sole proprietorships and general partnerships to special purpose corporations and limited liability companies.  The most typical forms are limited partnerships, general corporations, non-profit, closed corporations, professional corporations and limited liability corporations. Puerto Rico’s corporate law is based…