As a business owner, you have likely thought about the future of your enterprise. Whether you hope to keep it within your family or sell it to secure a financial future, your choices today will shape its tomorrow. Without a comprehensive estate plan, your business...
Business Law
Ways boilerplate contracts may hurt your business
Every business, large or small, relies on contracts to establish clear expectations and obligations. In the rush to get deals done, it can be easy to overlook the fine print and assume that a boilerplate contract will suffice. But the truth is, these generic...
Are there any New Jersey specific employment law pitfalls?
Owning a business is rife with potential legal pitfalls. One such area where business owners can find themselves caught up in litigation is employment law. In New Jersey, employers face a complex array of state-specific employment laws alongside federal regulations....
What’s the best formation for your new business?
Choosing a structure for your business is one of the first steps you will need to take as a new business owner. The structure of your business will affect how your business will be managed, the documentation needed for formation, your personal liability for business...
Remedies for unjust enrichment: What can your business expect?
Picture this: Your small business, a quaint hardware store, recently partnered with a local supplier. You have had a solid, mutually beneficial arrangement for years. But one day, you discover that the supplier has been paying their invoices, quietly pocketing extra...
What to consider when buying a business in New Jersey
Some prefer to purchase an existing business instead of forming a venture from the ground up. It might be exciting since these businesses for sale already have assets supporting their operations, such as a client base, performance data and other resources. However,...
Protecting businesses against consumer refund and exchanges
Tennessee's Refund Policy Disclosure Act, also known as the "Refund Policy Disclosure Act," is a consumer protection law that ensures fair practices in retail establishments. It provides guidelines for businesses to follow when dealing with refunds and exchanges of...
What should you consider when choosing a business structure?
One of the first steps to forming a business entity is choosing the proper structure. Every company has different plans, goals and priorities, and it is essential that these all align with the business structure. If you are a first-time business owner, getting lost in...
How to resolve business disputes out of court
Running a business is an admirable way to make a living. But as the firm grows, complications could arise and lead to disputes. These matters could require litigation, depending on the circumstances. However, you could resolve some cases out of court. Fortunately, New...
How a buy-sell agreement can protect investors in a small business
When two or more individuals decide to join forces in a small business, their heads are usually filled with visions of success and wealth. Rarely do people forming a small business think about events that might derail their hopes for the future. Occurrences such as...