Closely Held Businesses

Some New Jersey entrepreneurs may decide to structure their ventures as partnerships. Partnerships involve two or more people sharing in the profits or losses of a company. They may also share in the company's debt and other obligations. As a partnership may be a...

Entrepreneurs in New Jersey may benefit from learning more about the basics of starting a new business and how to choose the right type of structure for the new venture. For many entrepreneurs, the first and most effective step towards starting a new enterprise is to...

A New Jersey resident who wants their small business to succeed may need to form a business plan. The document clearly sets out what the business does, what the start-up costs may be, the marketplace strategy, the anticipated challenges and the intentions of the...

Businesses frequently run into new problems as well as opportunities, so sometimes it is a good idea to review an organization's policies and goals. It is not necessary to completely rewrite an existing business plan, but there may be areas where the process currently...

If someone is considering opening a business, there are a variety of things to consider, including how they will structure their commercial endeavor. The different types of businesses include sole proprietorships and partnerships, limited liability companies and...

New Jersey residents may be interested in the latest acquisition of a major Philadelphia newspaper by a local philanthropist and businessman. The purchase is the result of a falling out between former business partners who previously owned the paper. The Philadelphia...

With the ever-shifting economy posing problems for many firms, job security has become harder to find. For some, the best option is to forge ahead and start a new business entity, taking their future into their own hands. It may seem an uphill struggle at first, but...

Starting a new business can seem like a huge task to undertake. There is a lot to consider, but it is something that many people choose to do in order to see their dreams become reality. A good business plan is a key step in giving your business the best chance of...

The ever-changing economic tides in the United States can take a toll on a variety of small-scale businesses, even established ones. That was the case of Paramus-based Norton Paint, which was sold to Eagle Paint and Wallpaper from Bergen County. Created in the 1960s,...

The American dream. It could include going to college, starting a family or being fortunate enough to travel the world at leisure. For some people, including some in New Jersey, that dream might involve starting a business with your family. For many, it begins with an...