Forming a business in New York can present its share of dilemmas. One of these is making a choice of what kind of business to form. The most common types are an LLC or a corporation. Both come with a number of intrinsic advantages that make them well recommended. But...
Forming a new business in New York requires a lot of prior knowledge. One of the first things you will need to know is what kind of entity you wish to form. There are a number of possible choices. Each comes with its own set of unique pros and cons. The choice you...
The situation that has required many people to work from home has resulted in many new entrepreneurs also taking advantage of the ability to operate a business by utilizing the virtual marketplace. In fact, many new businesses operate solely in a digital format for...
An advisory board consists of high-ranking professionals who provide strategic advice to the lower-level management of a company or organization in New York. The purpose is to better make complicated decisions that affect broader groups of people. An advisory board...
Entrepreneurs and those involved with startup businesses in New York may wonder how to categorize their ventures. Even self-employed persons who handle a limited number of freelance jobs might have the same concerns. The option to form an LLC exists but opting to be a...
If you are a New York business owner or you're considering starting a company in the near future, then it is important to understand what bylaws are and when you need them. These laws are basically meant to protect parties involved in business transactions as well as...
The success of your business in New York starts right from its inception. You must carefully work out every detail of your business, from finding a great team and being on the right side of the law. One of the first and most important decisions that you will make is...
If you're a foreign national living in New York and interested in forming a business in the U.S., you need to know a few essentials to get your company started. In addition to registering your company in this state, you'll also need to decide on a corporate structure...
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...
