Business Formation

If you run a business in New Jersey, contracts are part of your daily routine. From vendors to service providers to new partnerships, every agreement shapes how your company operates. The problem is that one missing clause can leave you exposed to expensive disputes....

It all starts with an idea. Whether a service or a product, entrepreneurs are driven like few other professionals. They come up with an idea and then push forward to build their business. Savvy business owners consider various business structures to help protect this...

You’re excited over your new idea and ready to start your company. All you need is a business partner. Just make sure that you pick the right one, which can definitely be easier said than done. But could choosing the right partner at the inception of your business...

Purchasing a business can be a rewarding venture, but it also carries risks. To make an informed decision, potential buyers must conduct thorough due diligence. This process involves evaluating several key areas of the business to avoid costly surprises down the line....

Running a business with a partner can be an exciting journey filled with shared goals and mutual support. However, you should remain attentive to changing dynamics in your partnership, as red flags can appear that signal your partner wants to end your arrangement....

Many businesses break up because the business partners get into a dispute that they cannot resolve. They may attempt to do so for some time, but they can’t come to a compromise. Eventually, they dissolve the business entirely – or one business partner decides to leave...

Starting a new business is exciting. However, it comes with numerous challenges and risks, especially in the legal realm. Many entrepreneurs make avoidable legal mistakes that can lead to costly consequences down the line. Here are a few mistakes you should avoid....

You may decide that you want to become a business owner, but you’re more interested in starting a company with someone else than doing it on your own. You’re looking for a business partner who can support this process and help you develop your brand identity. As such,...

One of the first decisions you make as a business owner is to determine how you want to register your business. There are four main types of business entities, each with advantages and disadvantages. Sole proprietorships A sole proprietor is, as the name implies, the...

When starting a new business project, you must determine what type of business you are forming. If you plan to own and operate your business with another person, you will generally form a partnership. Not all partnerships are the same. There are three different types...