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...
Business Law Professionals
Business & Commercial Law
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...
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 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...
What should you include in a business contract?
As a small business owner, your focus is likely on improving efficiency, enhancing your profits and maintaining operational stability. Developing strong business contracts can help you reach these goals. According to the Small Business Administration, there are 32.5...
How could a partner’s divorce impact your business operations?
When a business partner divorces, there is a really good chance it will impact your business. Unless the person had some agreement in place prior to the end of his or her marriage, the interest he or she has in the company is up for grabs in the divorce. And this will...
Should you include mediation as ADR in your business contract?
Many businesses will face one or more lawsuits in their lifetime, but litigation is not the answer for all disputes. Mediation is a form of Alternative Dispute Resolution (ADR) for helping parties settle their differences. Should you include this option in your...
What is a clear title, and why is it important?
Buying commercial real estate is not the same as buying a residential property. There may be many issues that you must resolve before a deal will go through, and dealing with the many aspects of this type of transaction can be frustrating. Unlike residential sales...
What are the risks of having a narcissistic business partner?
Few business ventures are one-person operations. Even if you have an in-demand service or product, you are likely to need some financing or professional expertise. The right business partners can help in both of these areas. Still, you may not truly get to know your...


