Starting a company is one thing, but expanding the business each year is another. Few companies can go it alone if the intention is to become large. This is where corporate mergers come in. A merger essentially involves two or more companies consolidating into one...
Launching a new company can be very exciting. There is often a lot of buzz around new companies when they get started. Even better, sales may go well for a sustained period. However, the unfortunate reality is that many businesses don’t work out. Knowing when your...
A business partnership can be a highly beneficial arrangement. Business partners can share financial responsibilities, workloads and liabilities. That being said, some partnerships work out better than others, and disputes can arise. Outlined below are some issues...
No matter how much you like or love your business partner, the days of handshake agreements are long past. Whatever your agreements, you need to get it in writing. That’s what partnership agreements are all about. Crafted while times are good and everybody wants the...
Choosing the perfect name for your business is important. It's the first impression you make, the foundation of your brand identity, and ideally, something catchy and memorable. What happens if, after launch, you find yourself yearning for a change? Is it ever a good...
Congratulations! You’ve made the decision to move on from a particular brick-and-mortar store location. Whether you’re retiring, shifting gears or simply downsizing, selling your property represents an exciting new chapter in your journey, even if it feels more...
Starting and running a business is a multi-step process that can be both exhilarating and daunting. Whether you’re venturing into entrepreneurship alone or with a business partner, you can expect to run into legal challenges every now and then. Therefore, working with...
Choosing the proper business structure is a critical decision for an entrepreneur or business owner. It is more than just filling out the paperwork or ticking a box. The structure you settle on will have far-reaching implications for your business, legally,...
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...
