The longer you are in business, the better you understand the potential for facing a lawsuit. Your company may be prospering, but a lawsuit could threaten everything you have worked for. How do you protect yourself and your business against litigation? Understanding...
Business Law Professionals
Business & Commercial Law
Can an employee handbook help your business avoid litigation?
If your New Jersey business has ever navigated a legal dispute, you may know that these disputes have the potential to take time, money and attention away from your business operations. Sometimes, you have no choice but to litigate. However, there are also certain...
Determine your business’s value when a partner wants to leave
When you run a New Jersey business alongside partners and one of those partners wants to leave, you need to figure out the value of the business. You may decide to use a professional evaluator to do this, and if you do, he or she may use one of three methods to figure...
Proactive steps for preventing shareholder disputes
When two or more passionate shareholders have different ideas about the best interests of the business, a dispute might seem inevitable. Shareholder disputes, however, can quickly become time-consuming and costly, draining the company of precious resources. To avoid...
Signs your business partnership has run its course
Just as romantic relationships sometimes run their course, the same holds true when it comes to New Jersey business partnerships. When the relationship between you and your business partner or partners sours, it may have a direct impact on your ability to run a...
3 tips for purchasing an existing business
For New Jersey residents who possess the entrepreneurial spirit, the thrill of owning their own business is hard to match. While many people assume that being an entrepreneur means that you have to start your own business from the ground up, that’s not necessarily the...
Reviewing a partnership agreement
Whether you are an entrepreneur considering the benefits of working with a partner or you are in the middle of a dispute, it is pivotal to review various factors related to business partnerships. For example, make sure you carefully go over the details of a...
How are trade secrets protected?
According to the National Law Review, trade secrets are extremely valuable to so many businesses. That is why business owners must protect them at all costs. Trade secrets typically have a few important elements. They are not known or accessible by others, they have...
Know your options when a business partner breaches the agreement
When you created your business partnership, you probably made an agreement that outlines what responsibilities each partner owes to the other(s). Ideally, you made this agreement in writing so that it would be easier to enforce. However, the agreement may still be...
Should Small Businesses Accept Cryptocurrency?
Big businesses and financial service firms are making moves in the cryptocurrency space. Tesla accepted Bitcoin for payment until it recently reversed its decision for alleged environmental concerns. PayPal allows its U.S. users to buy, sell, hold and check out with...