Business Law Professionals
What to do when facing a hostile takeover
If you own or are involved in managing a small to midsized business in New Jersey, it may be a good idea to familiarize yourself with hostile takeovers and how to fight them. A hostile takeover is when one business gains control of a public company against its...
Are red flags putting your business partnership into question?
Starting a business partnership likely had its benefits for you. You may have been able to start your company earlier because your partner brought in needed funds, or your business faced greater success because you both brought important skills and ideas to the table....
A letter of indemnity could head off a breach of contract issue
As a small business owner, you have likely had many contractual obligations during the course of your company's operations. Because you understand the importance of upholding contract terms, you do your best to always remain compliant with any agreements you come to...
Thinking of starting a business after retirement?
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...
Give your partnership the best chance at success
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...
Buying an existing business? Consider these factors
There are many advantages to taking over an existing business rather than founding a new one. Existing businesses have already established themselves in the market, developed a customer base and built a reputation. They have a track record that can show you what has...
Is your employee handbook an implied contract?
When you hire a new employee who has exceptional qualifications, you may be excited to welcome him or her into your company. On those first days of orientation and settling in, you are likely to have many conversations with your new hire, and you may intend those...
Sarcasm, is it just humor, or does it sabotage your business goals?
How business partners get along sets the tone for the rest of the organization. When partners show respect, collaboration, caring and mutual support toward each other, they are setting an example and the expectation that others are to do the same. When they engage in...
Parting ways with your business partner
No matter how compatible you are or how long you have been working together, disagreements can create tension between you and your business partner. These disagreements can stem from any source, either within or outside of the business. Some common differences between...
Poorly negotiated commercial leases can hurt businesses
Persons that have their own businesses, like all businesses, need a workspace from which to carry out their business activities. When faced with obtaining commercial space, business owners have the choice between buying and leasing. Since buying is often more...
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