Syracuse Business And Civil Law Blog
Why business owners need succession plans
Studies have shown that most business owners in New York and throughout the U.S. don't have succession plans in place. While some owners believe that it's too early to think about a succession plan, others feel that it's too much of a hassle. But it's important to...
Succession planning for small businesses
Large corporations and entities operate like machines: they are established and work out long-term plans to continue their growth through changes in leadership. For massive businesses, the turnover of a leader may mean little to its daily operations. However, when a...
How important is a business contract?
Business contracts are likely the most important documents a business owner rely on when running a business. Making sure the contracts are enforceable and have the key elements that pertain to your business will ensure that it is protected in the event of a contract...
Distracted driving leads to many car accidents each year
Many people in New York have come to rely on their cars and vehicles. People drive them every day to get to work, go to the grocery store, go to restaurants, go to see friends and family, for entertainment purposes and other reasons. This means that there are many...
What do you know about unintentionally ruining business contracts?
You draft business contracts to take advantage of opportunity and work with other professionals. Could the agreements you create become an unintended liability? Forbes explains several ways that entrepreneurs ruin their contracts with avoidable mistakes. If you have a...
What is arbitration?
As a business owner, you want to stay out of the courtroom as much as possible. Litigating can lead to a number of difficult issues, including managing the expense of litigation and potentially losing business relationships. Sometimes litigation is necessary, but it...
Funding phases for startups
Entrepreneurs looking to get new ventures off the ground know that they need money to make it happen. Most businesses require external investments to provide sufficient support when starting out. Understanding the various stages of fundraising for a startup is...
Solutions for early termination of a commercial lease
Businesses need to remain flexible under changing circumstances. When a problem or opportunity arises, commercial tenants may need to either relocate or close its brick-and-mortar doors. Unfortunately, the timing of these issues is not always advantageous. A...
4 Ways to resolve a dispute with your business partner
Business partnerships, like any close relationship, aren’t always free from conflicts. When you’re working closely with another person or multiple people to keep your business running, it can be easy for emotions to run high – especially when money is on the line....
What are the business structure options for a partnership?
If you want to start a business in New York with one or more partners, you must decide what sort of legal entity to form. There are several different ways you may organize a business that has two or more partners. According to the New York Division of Small Business...
