Before starting a business in New York, it’s important to have a basic understanding of the most common New York business entities. New York offers several options in this area. However, deciding which one to choose can be complicated. Therefore, if you own a business or plan on starting a business in New York,...
Five Tips To Successfully Buying a Business
Buying a business is a major undertaking that involves a number of considerations. It’s success or failure may not only affect you and your investors, partners, customers or clients, but often for your family members as well. This is especially true if you have younger siblings or children who may eventually inherit the company....
How to Effectively Draft Service Agreements
If you are in a service business of some type, it is just as important to have your agreements with clients be in writing as it is with companies that provide goods rather than services. The agreement can be quite simply but must contain some essential terms, namely a description of the services, the...
Simple Steps One Can Take to Take In Order to Avoid Litigation
Whether you are a business owner or a consumer, there are some simple steps you can take to avoid litigation. First, regardless of who you are, when dealing with other businesses, customers, or providers of service, one should always investigate the person/company with whom you are dealing. It is certainly easy enough to google...
Why You Should Have an Attorney Review Your Lease
Business owners, especially those first starting out, are certainly capable of reviewing leases provided by a prospective landlord. They usually feel that there is no point in having an attorney review the lease and attempt to negotiate the terms, believing that the landlord will not be amenable to changes. That is definitely not true. ...
How to Get Along With Your Business Partner
It is quite common for someone starting a business venture, to do so with a partner, who will be sharing the responsibilities and obligations. Other times, one will start a business and then decide at a later point that having a partner would be desirable. Either way, it is imperative at the outset that...
The Basics of Staring Your Own Business
Embarking on a new business enterprise is indeed exciting. While it is tempting to move quickly to build the business, it is imperative that the owner/operator take care of certain details early on. Doing so will help to ensure eventual success.
After initially setting up the corporation or limited liability company, it is important...
Should I Start a Business in Florida?
Using the Limited Liability Company for Real Estate Ownership
When a client owns real estate, whether it be commercial or residential, held for investment and/or for income producing purposes, it is critical that the owner be cognizant of the liability issues involved. Clearly, if a tenant or the tenant's employees, customers or guests are injured on the premises, the injured party will not...
The Secret to Successfully Negotiating a Contract
It is part of the operation of most businesses to become involved in contract negotiation. Even if you are in a type of business where contracts are not utilized for customers or clients, it is inevitable that when purchasing products or services you will be...