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Regardless of the why, dissolving a business partnership is like a divorce. New Jersey partnerships can end amicably or land angry and in court. Take the high road and prepare with these six tips to know before a business divorce. 1. Tread carefully If it's time to...
Divorces can be a very difficult time in anyone's life. Emotions are typically already very high, and bickering over ownership of property makes the situation even worse in many cases. All divorces are assuredly different and often complicated, but the need to craft a...
There are many advantages to taking over an existing business rather than founding a new one. Existing businesses have already established themselves in the market, developed a customer base and built a reputation. They have a track record that can show you what has...
When you hire a new employee who has exceptional qualifications, you may be excited to welcome him or her into your company. On those first days of orientation and settling in, you are likely to have many conversations with your new hire, and you may intend those...
If your goal for 2018 is to invest in a new business, take on a partner or build some other business relationship, you may be eager to get started. These things take time, and you probably have financial benchmarks you want to reach before the year gets away from you....
Because your company may feel like your child in some ways, you likely want to protect your business as best as possible. Therefore, when you started your company and began bringing other individuals into the fold in order to complete necessary operations, you...
Many companies often need financial assistance when getting started and in order to carry out various business operations. As a result, business owners often utilize shareholders who provide capital to benefit the company while also gaining a say in how to address...
Working in the business world can prove exciting and provide a sense of accomplishment. Over the years that you have run your company, you may have experienced many ups and downs that allowed you to work hard and gain the sense of success you so desired. Of course,...
No matter how compatible you are or how long you have been working together, disagreements can create tension between you and your business partner. These disagreements can stem from any source, either within or outside of the business. Some common differences between...
Your small business is important to you. You likely spent years preparing, learning and saving to create a company where you could be the boss. If everything went according to your plan, you may have hired a few employees and started to make a profit before the first...
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