Let's face it, family businesses are important to the economy. According to Forbes, family businesses are responsible for 60 percent of the jobs in the United States and 80 percent of the new jobs created. It is also estimated that family businesses account for 50...
Business Law Professionals
Year: 2015
Expanding a business? Here is why you need legal assistance
If you are among the many Americans that own their own businesses, you may be looking to expand it, as the economic situation has improved significantly over the past seven years. However, just as when you were just starting out with your new business, there are legal...
Poorly negotiated commercial leases can hurt businesses
Persons that have their own businesses, like all businesses, need a workspace from which to carry out their business activities. When faced with obtaining commercial space, business owners have the choice between buying and leasing. Since buying is often more...
Three FAQs about noncompetes in New Jersey
When many employers hire an employee that will have access to valuable internal information, they ask them to sign a noncompete agreement. Noncompetes (also known as restrictive covenants), offer an excellent means of protecting the financial interests of the...
Three tips for business owners wishing to sell their businesses
For many small business owners, selling the business is the goal when it comes time to retire or move on. If you are in this situation, experts recommend having a business succession plan and familiarizing yourself with the buying and selling process, so you will be...
Understanding how the CAN-SPAM Act affects business email
New Jersey businesses may be interested in some information about a federal law that governs their use of email in marketing or advertising their business activities. Failure to follow these regulations could land a business entity in big trouble with federal...
BlackBerry lawsuit dismissed
Residents of New Jersey may have heard that a judge dismissed a shareholder lawsuit filed against BlackBerry Ltd. The dismissal came on March 13 and was issued by a federal judge on the U.S. District Court for the Southern District of New York. Shareholders had filed...
Costly errors when forming a business
Entrepreneurs in New Jersey may be interested in learning more about avoidable mistakes that many small businesses are susceptible to making. Often times, these costly errors eventually manifest in the future because ownership neglected to address certain details...
Avoiding retaliatory discharge lawsuits in New Jersey
Businesses sometimes find themselves facing discrimination claims they believe are frivolous. When an employee has filed such a complaint, however, care should be taken by the company. If the complaining employee is one whose work is substandard, businesses must still...
Dealing with age discrimination in New Jersey
Many businesses make concerted efforts at bringing in fresh, new talent and make a point of recruiting from college campuses while ignoring more experienced potential employees. As a result of this, many people from the Baby Boomer generation are being pushed out of...