Companies in New York have different business structures depending on size and other factors. You may have heard the terms CEO and COO and wondered whether your business structure needs to have one or both of these positions. What is a CEO? The chief executive...
A business plan is a primary component of business development in New York. It is primarily used to provide financial support to help build your company from the ground up. This plan also provides a brief overview of every step that your staff members and associates...
During business formation and planning is when you want to strategize for a future IPO. New York is a world stage for initial public offerings, but planning for an IPO should be based on the right motivations. Going public is a challenge if you don't know where to get...
New York companies and residents sign contracts all the time for many different things. Even if you’ve never owned a business, you’ve likely signed a contract when you rented an apartment, signed up for a cellphone service or hired someone to do work for you. When one...
Non-disclosure agreements, or NDAs, are contracts used to keep people from talking about the terms of a settlement. At other times, they're used by employers to ensure confidentiality is honored. In recent years, this has become a serious issue in New York State....
Partnerships are very common business entities throughout the state of New York. They vary significantly in size and scope, ranging from small family partnership businesses to large enterprises that combine the assets and business knowledge of multiple entrepreneurs....
In New York and around the country, the term “liquidated damages” often refers to an entire clause or section of a contract as well as the money involved. These are damages that a party who breaches a contract is required to pay when proving actual damages would be...
Your business has too many assets to take lightly. Every important business agreement needs to be written down and legally binding to anyone who signs it. There are certain contracts that every growing company in New York needs to protect its assets. Lease agreement A...
New York is one of the largest business hubs in the United States. If you're thinking about launching a new venture, you'll need to choose the type of legal entity it will operate under. Here's more information about the main types of business formations. Partnership...
SOF, also known as the statute of frauds, is a legal concept pertaining to contracts that should be enforced in writing. The statute is for contracts for goods worth $500 or more and contracts for the sale of land. If you live in New York and need to know more about...
