Closing a business chapter is as monumental as opening one. If you are moving on to a new venture, retiring or wrapping up an inactive business, dissolving your limited liability company (LLC) is crucial. Stopping operations is not enough to properly close your...
When operating a business in New Jersey, it goes beyond offering a service or product that customers will want to purchase. There are myriad legal considerations that must be factored in. A misstep or allegation of wrongdoing could doom even a successful business. For...
When New Jersey business owners think about lawsuits related to their business, they may not realize how easy it is for an organization to get sued, even if they are taking the right steps to avoid legal action. Here are just some directions from which businesses of...
Good contracts keep your business running smoothly and increase your chance of success. When running a business in New Jersey, your contractual relationships are often long-term. This requires trust between both parties. A business contract should protect your...
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...
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...
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....
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...
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...
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,...