If you're about to or have recently entered a business partnership in New York, you're likely thinking about the ways you can preserve that partnership for as long as possible. The reality is that some disputes are going to come up in business, no matter how strong...
Business Formation
Starting a business in New York
For many people, the concept of entrepreneurship and owning a business is attractive. However, there are some things that would-be entrepreneurs need to consider before pursuing the dream of being their own boss. What type of business will it be? Deciding what type of...
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...
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...
Business partnerships: finding the right fit
Getting a new business venture off the ground is no easy feat. Many people understandably choose to work with others to get this done and there are a variety of reasons for establishing a partnership instead of establishing a sole proprietorship. The benefits of...
Three reasons to form an LLC
Perhaps you are an aspiring entrepreneur looking to take a leap and make your company official. Or maybe you have spent time working as a partner for another business and you want to provide services or products of your own. Whatever the reason, forming your business...
Choosing the best business entity for your needs
Many first-time business owners are excited, and rightfully so! But the decisions made in the first few months of a business’s life can make an enormous difference for both the business’s health and for the owner’s financial future. And it starts with the very first...
What should you know about working with investors?
Beginning a new business venture may create exciting opportunities to strategize and develop an organization that will provide consumers with an innovative product or service. Developing your business may take time and require you to put adequate resources into...
Business succession planning: doing it right is an imperative
A full-service commercial law firm that provides comprehensive service to valued and diverse business clients operates across a broad spectrum of challenges and opportunities. That is rendered explicitly clear on our website at the proven Upstate New York offices of...
Four mistakes for entrepreneurs to avoid
Whether you are looking to start a company from the ground-up, or you are becoming a co-owner in a partnership, how you approach the foundation of your business will have long-term impacts on your legal and financial future. It may help you to be proactive about...