Starting a business partnership can be an exciting opportunity, offering shared responsibilities, combined resources and a united vision for growth. However, even the most promising partnerships can face challenges when expectations, priorities or responsibilities...
There are many people out there who could potentially be good business partners for you. So, try to keep your mind open to that rather than rushing into business with someone just because you already know them or it seems easy. Here are some qualities to look for when...
In an era wherein data is often referred to as the “new oil,” the importance of data privacy cannot be overstated. For businesses operating in New York State, staying compliant with evolving data privacy laws is not just a legal obligation; it is a safety measure. As...
Forming a new business is exciting and exhilarating, but before you can immerse yourself in the hustle and bustle of the Empire State, you need to understand the legal landscape. Here are some important legal considerations to keep in mind when launching your New York...
For some business owners, selling a company for profit was the entire motive behind establishing the organization they own. For others, selling their business could be the best move possible when they receive a job offer in another state or face medical challenges...
When you decide that you want to start a business, you may be focused on things like making sure you have a catchy name and ensuring your business can thrive in your area. While those are important, there’s something else that you need to think about – what type of...
There are numerous reasons why a business may have to close its doors. This could be related to financial difficulties, retirement or simply moving on to a new venture. In any case, there are legal processes that should be followed when dissolving a company. Here are...
When two people decide to go into business together, it is important for them to make a contractual agreement. This is usually done in the form of a partnership agreement. Not only is this agreement an important first step, but it can address important issues or...
Starting a small business is the dream of many – but a lot of people underestimate just how hard it is to finance a new enterprise on their own dime. They need loans, investors and other financial resources to establish, build and grow their entrepreneurial dreams....
Owning a business can inspire immense satisfaction, particularly when efforts lead to financial success. However, the business world is unpredictable, and even successful companies can face periods of decline. All companies face challenges like economic downturns,...
