Business Law Professionals
How do I know if a business co-owner is a partner?
You probably do not own your business alone. One or more individuals may share ownership with you. If this is the case, you should know whether a fellow co-owner is also a business partner. A misunderstanding of roles in a business can lead to conflict between owners...
Third-party interference can disrupt your business dealings
As a business owner, you rely on your relationships with partners, vendors insurers and subcontractors to effectively manage your operations. When someone deliberately disrupts your contractual relations, their actions may constitute tortious interference. Tortious...
What is the Complex Business Litigation Program?
If you have a business issue that requires litigation, you may be able to use the Complex Business Litigation Program. The New Jersey Courts explain the CBLP helps businesses with complex legal issues. The program can help move your case along more quickly than if you...
What are warning signs in a business relationship?
Business partnerships almost always start off on a good foot. They seem mutually beneficial, both parties come into the partnership excited and ready to do good, and everyone brings unique skills and other factors to the table. However, as a business partnership ages,...
Understanding the different types of partnerships
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...
Rekindling the spark in your business partnership
When you and your partner started working together, there was a sense of novelty to the business and your relationship that helped you through some of the challenging times. As the company began to build momentum, you and your partner started to get into a steady...
How business continuity planning may keep an enterprise open
The Small Business Administration notes that unexpected disasters cause 25% of America’s small businesses to never reopen. Continuity planning could help prepare an enterprise to withstand a potentially devastating event. Hazards that could leave a New Jersey business...
Verbal agreements and partnership disputes
If you are currently in the middle of a partnership dispute, you probably have many concerns and it is very important to look at the situation from an individualized point of view. Every partnership is unique, and you need to address your concerns properly. The...
How to know which dispute resolution method to choose
Litigation used to be the most common way to resolve business-related disputes. However, more companies are leaning towards alternative resolution methods. Each method has advantages, and some may be more appropriate for certain situations. Before deciding which...
How can I know it’s time to end a business partnership?
When you and your partner started, you were both excited and ready to dedicate your time and effort to the business. Like many companies, you may have had long hours as you waited for your business to take off. Now that your concept is starting to take off, you may...
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