Shepherd is a census-designated place (CDP) in Yellowstone County, Montana, United States. The population was 193 at the 2000 census. Shepherd is a Billings suburb located to the northeast. The unincorporated town was named after R.E. Shepherd, a prominent early settler and owner of the Billings Land and Irrigation Company and the Merchants National Bank.

What is franchise and dealership law?

Franchising law involves helping new business owners evaluate franchising opportunities, and assist in the purchase and operation of business franchises -- an alternative to starting a new, independent business from scratch. Franchising allows businesses owners to reduce their investment risk by associating with an established company, but may also require business owners to relinquish significant control over their business.