Leasing a commercial property is generally a smart decision for an entrepreneur or executive running a startup operation. Although buying a property would lead to equity after making payments, owning a property too early in a business's development can be a mistake,...
A limited liability company or LLC is one of the easiest business structures to set up and maintain. As its name suggests, it can also protect your personal assets from business liability if a dispute or other issue arises. Another reason many New York entrepreneurs...
If you are starting a business for the first time, it is easy to let the positive thinking go a little too far. While you certainly need a positive mindset to surmount all the challenges that will come your way, you need to accept that sometimes challenges cannot be...
As a business owner, you may need to be wary of the impact that chargebacks can have on your bottom line. Chargebacks can only happen when a customer has used a credit card to reimburse your company for purchasing goods or services. There are certain situations in...
Business partnerships can be a great way to achieve growth and success, but they also involve complex legal and financial considerations. Therefore, a well-drafted partnership agreement is essential to ensure all parties understand their rights, responsibilities, and...
Sooner or later, every growing business will need to hire employees. When that time comes for you, well-drafted employment agreements can do much to protect you from worker-initiated legal disputes. You want to respect the rights of employees while also looking out...
Whether you’re just starting your business or you’ve been running it for years, it’s important to understand your business formation. For many start-ups, this is a crucial and often overlooked step for making a strong business. Yet, even long-term businesses should...
You established your business some time ago, and it’s been relatively successful so far. You knew you had to be ruthless at times to get ahead, but you also played by the rules. A rival firm has become envious of your success, and unfortunately it seems like they no...
What’s in a name? Well, when you’re in business for yourself, just about everything. Your branding is hugely important to your business – and that starts with your company’s name. Changing your business name is automatically a big risk. You’re losing any positive...
Growing a business sometimes requires more than just seeking out more customers to increase revenue. It’s sometimes necessary to join two companies together. This is done through mergers and acquisitions. While some people use those terms interchangeably, they are...
