Business Formation

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...

An idea for a new business can hit you at any time. You might be chatting about the future with your friends or tinkering in your garage when you have the idea that changes your life. As you begin building your new company, the people you surround yourself with are...

Like many in New Jersey and elsewhere, you may be looking forward to retirement. In fact, you may have spent most of your career planning for the day when you would clean out your desk or locker and say goodbye to your job forever. Lying on a beach, sleeping late or...

Starting your own New Jersey business can result in a mixture of excitement and terror. You may have little to no idea what to expect, but you know you are taking a heavy risk. Many first-time business owners are not successful, so you may have been pleasantly...

Are you looking to start a business here in New Jersey? You may not have everything you need in order to make your business a success. You know that something is missing, but you aren’t sure what it is. Then you realize that what you need is a partner, but you know...

If you are a New Jersey small business owner, you understand the importance of having strong business relationships, including the relationship you have with your business partner. One way you can protect this crucial relationship is to draft a strong partnership...

So you want to be a business owner. It's always been your dream and you're finally ready to start. Thinking that means you have to start from the ground and build your way toward success? You can, but you don't have to. In fact, many experts believe you're best off to...