Franchise agreements should outline specific standards that franchisees must follow to maintain brand consistency and quality. When a franchisee fails to meet these operational standards, it can damage your brand’s reputation and hurt the business overall. If you're...
Business Law Professionals
Business & Commercial Law
Common misconceptions about ending a business partnership
When business partnerships in New Jersey come to an end, people often face uncertainty and confusion. Misconceptions can complicate the process even further. It's important to clear up common myths so you can navigate this transition with a better understanding. Only...
What are silent partners?
Entering a partnership can effectively grow and scale your business operations. These arrangements can have varying conditions and features, often changing based on each party's business requirements and goals. Additionally, there are times when a partner prefers to...
Can your New Jersey business partner force you to sell?
Business partnerships typically come with legal agreements that outline each partner's rights and responsibilities. These agreements can include clauses that address the sale of shares or interests in the business. Understanding the specifics of these agreements can...
Mediation vs. litigation in business divorce
Deciding between mediation and litigation is a crucial step in resolving a business divorce in New Jersey. Understanding the differences between these two approaches can help you make an informed decision that aligns with your priorities. Mediation explained Mediation...
5 things to consider before selling your business
Selling your business is a major decision that requires careful planning and consideration. It is not just about finding a buyer, but also about ensuring that the transition is seamless for both you and the new owner. By taking the time to carefully consider these...
Determining the value of your business during a business divorce
When a business partnership comes to an end, one of the most important things to consider is determining the value of the business. The valuation process is a key part of ensuring a fair distribution of assets among the parties. There are several things to consider as...
Business divorce: What do you do about fraudulent transfers?
When companies go through a split, it can cause many complicated problems. One of these issues is when a professional partner or employee takes company property without permission to avoid paying debts or gain more power over the business. These actions, called...
Long-term impacts of business divorce on brand and reputation
When businesses part ways, the split often affects more than just the internal operations; it can also leave a lasting mark on the brand and reputation of the involved entities. Understanding these impacts can help businesses navigate the complexities of a separation...
What is a business divorce?
Divorce is a difficult subject to talk about many people believe is only spoken about when couples seek to break away from a marriage. It can be surprising to some that marriage and business relationships are very similar. A business divorce is the separation of...