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Starting a new business is exciting, but there are many unknowns that could end up leading your company into trouble. Planning early may help you avoid some of these issues. Common legal issues that new businesses face include: Failing to incorporate correctly...
If your company is facing a lawsuit, the ramifications could be serious. You may be worried that the payout from that lawsuit is going to bankrupt your company, and you may also worry that you're going to have to use your personal funds to pay some of the money back....
Sometimes, things don’t always work out as we want them to, even in business. When you think your company’s better days are behind it, it may be time to close shop and restrategize. Dissolving a business is never an easy decision, especially if you have employees who...
There are digital resources and guidebooks available that can walk you through starting your own business. Many entrepreneurs, already excited about the prospect of starting their own company, rush headlong into business formation and try to tackle the process on...
Say the words “merger, acquisition or takeover” around any company too loudly and you’ll probably see an immediate panic start to set in amongst the employees. When companies change hands, shift their structure or merge, employees start to get nervous. Some of those...
Some people will only ever complete one or two real estate transactions in their entire lives. Others, like investors, might close on multiple properties every single year. Regardless of whether you are always in the market for a new property or looking to protect...
Your small business probably executes many different kinds of contracts. For example, you protect yourself by signing employment contracts with everyone that you hire. You will likely also create a written agreement with vendors and service providers. Even your...
Westchester County is unique in that it contains 16 towns and 23 villages that are in control of their own zoning and planning ordinances. Since each area has its own zoning requirements, regional planning is complex. There are many different zoning districts...
Let’s say that your business has invested a lot of money into the services provided by another company. You have signed a contract outlining the expectations between your two companies. After you have made payments to the company according to your end of the contract,...
Merging with another company can bring significant advantages to both parties. Yet, it could also ruin two successful companies. Think about what you enjoy in business and why you started the company. Think about why your employees joined your company instead of a...
