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...
Business Law
How to resolve partnership disputes when they arise
Starting a business in New Jersey can certainly be exciting and fast-paced, but there are some aspects to running a business that can only be managed through careful planning. For a partnership, it is essential to have a well-crafted partnership agreement early in the...
Helpful tips for negotiating your business contract
New Jersey business owners know that good contracts can go a long way toward the success of a business. Whether you are creating contracts as you start your business or renegotiating contracts after you are already in business, the way you negotiate can make a huge...
What is the difference between a C corp and an S corp?
Your business has been growing over the years and has become a very lucrative enterprise. Investors are attracted to your business, and you may wonder if now is the time to go public. If so, you will want to know your options for incorporating your business. Is a C...
What type of business structure is right for you?
You may be considering starting your own business after being inspired by a spark of an idea. Owning your own business can be lucrative and rewarding, but it takes a lot of work to get it off the ground. One of the first decisions you will have to make as a new...
Why having a thorough operating agreement is important
When business owners in New Jersey start a new business, they will go through the process of determining what is the best business structure for their business. They could incorporate, set up a limited liability company (LLC), have a partnership and others. One...
There are many benefits to creating a business plan
When a New Jersey resident has an idea for a business they are often excited at the prospect of starting their own business and being their own boss. But a prospective business owner should keep in mind the importance of careful planning before jumping headfirst into...
What is the best structure for your new business?
You may have recently graduated from college or perhaps you earned your masters this year and now you are interested in starting your own business in New Jersey. One of the first steps you will need to do is select a business structure. The following are three common...
What are some options for structuring your new business?
Many people in New Jersey have an entrepreneurial spirit and a gem of an idea, and they will decide to start their own small business. When doing so, they will have to select a business structure. The following is an overview of some common business structures new...
Forming a limited liability company
People in New Jersey should know about the benefits of setting up businesses as limited liability companies. Unlike a sole proprietorship or partnership, an LLC separates the business's liability from the owner's. There are other important advantages to forming an...