Business Law Professionals
Understanding the different business entities
One of the first decisions you make as a business owner is to determine how you want to register your business. There are four main types of business entities, each with advantages and disadvantages. Sole proprietorships A sole proprietor is, as the name implies, the...
3 remedies for a breach of contract
A contract is a legally binding agreement between you or your company and another entity. If either party to the contract fails to live up to its terms, a breach of contract occurs. A breach of contract could cause harm to you or your business. If you hold up your end...
3 tips for selling ownership in a partnership
A business partnership is an agreement between you and at least one other person in which you start, own and run a business together. When you first start the business, it may be difficult to imagine a situation in which you would ever leave it. Nevertheless, there...
Why company culture matters in a business acquisition
Mergers and acquisitions are powerful moves for a company to make. Your business can leverage its success and strong revenue to make great leaps forward by expanding via the acquisition of another entity. While an acquisition certainly serves to bring many resources...
Is it possible to run a business with an ex?
Due to the legalities and difficulty behind dividing businesses, some people may want to consider running their business with their ex-spouse. Some people may find this an easy task. However, it may prove much harder than others expect. How can an ex-couple keep their...
What red flags should you watch for in your partnership?
Partnerships almost always start out with a somewhat rosy tint. Everyone loves a new project, and each party brings unique benefits to the table that can help the group as a whole. Over time, however, you may pick up on more and more red flags. It may even get to the...
3 keys to successfuly selling a business
Living in New Jersey has provided the right conditions to build your business. According to the New Jersey Department of State, the state ranks 11th for its number of small businesses. Whether retiring or ready for something new, the time may come to consider selling....
How do you protect your intellectual property?
What is intellectual property, exactly? These are the symbols, processes, designs and works that your company own, which often make up the backbone and recognizable face of your business. These property points either generate revenue, act as identifiers, or both. They...
How can you prepare for commercial litigation?
Your business may get involved in a dispute after allegations of breach of contract, breach of fiduciary duty a shareholder dispute or another issue. When one of these issues arises, your business may end up involved in a commercial litigation case. According to the...
Creating a smart business acquisition strategy
Business valuations are on the downturn. An article by Forbes believes that the downward trend might continue for several years. However, low business valuations mean good opportunities for business owners looking for a deal. Continue reading if you believe an...
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