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...
Business Law
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...
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...