If you do not want the hassles of running a business daily in New York but want to invest in a company, finding a person looking for a limited partner may be a good solution. As a limited partner, you invest capital into the business, but you cannot control any aspect...
Applying for your EIN in New York is an easy process when you apply via the Internal Revenue Service (IRS) website. The IRS offers several ways to submit your application. You can apply online, by mail or via fax. According to the official IRS website, applying for an...
If your New York business is merging with or acquiring another company, due diligence plays a vital role in this process. In most cases, due diligence is a process that requires lots of steps. Completing these steps helps companies make smart acquisition and...
When two or more people come together to form a partnership, there is always the potential for disagreement. Sometimes these disputes can be resolved without litigation but other times they end up in court. If you're involved in a partnership dispute, it is important...
No contract in New York is valid unless certain elements are acknowledged and made. Ignoring one element could make the agreement voided. There are several, basic parts that make up a business contract. Offer A standard contract starts with the offer of a product or...
A void contract is a contract that is not legally binding because its elements are unenforceable. For example, an incapacitated person can't legally enter into a contractual agreement. Clauses that violate existing laws will also void a contract. Under business law,...
Trademark infringement is when an unauthorized person uses a protected trademark or similar mark to represent a business, brand, service or goods. A trademark holder can hold a registered trademark for ten years under New York Business Law, Article 24. The...
One of the most exciting times in anyone's life is being able to start a business. Before you plan to do so in the state of New York, it's important to make sure you're not unknowingly breaking any rules. Here are a few important business laws that every entrepreneur...
Shutting down a business is often a painful experience because you've put your heart and soul into it. You may want it over as quickly as possible, but there is a certain process you must follow to correctly shut down your New York business. File a final return...
The intellectual property of your New York business may be a matter of great secrecy. As long as you commit no criminal acts, you have every right to keep it so. You may find that some or all of your trade secrets are being infringed on by another party. If this is...
