Creating an effective business succession plan is important for ensuring the continued success of a business when the current leadership steps down. A well-structured plan helps maintain stability and allows for a smooth transition. Identify future leaders The first...
Business Law
What should a business partnership contract include?
When beginning a business partnership, establish clear guidelines and expectations from the get-go. A well-drafted partnership contract should outline the rights and responsibilities of each party involved. Introduction and background Forbes reports that 70% of...
Important documents every startup needs
Starting a new business is an exciting adventure. However, you should have all the necessary paperwork to protect yourself and your company and encourage its success. Business plan In March 2024, 435,629 new businesses opened their doors, many after creating their...
What to do if your partner starts cutting you out of the business
When you enter into a business partnership, you envision a collaborative effort toward shared goals. However, if your partner begins sidelining you or excluding you from important business decisions, you can become disheartened and experience increased stress....
Signs it is time to cut ties with a business partner
Starting a business with a partner begins with sharing high hopes and big dreams. Unfortunately, some professional relationships do not survive the test of time. Every entrepreneur who launches a venture with another should know the signs that the partnership is no...
What to do after a data breach in your company
In today's digital age, data breaches are a significant concern for businesses in New York. With the increasing reliance on technology, the risk of compromised sensitive information grows. In fact, the Office of the New York State Comptroller reported that data...
5 steps for addressing suspicions of partnership embezzlement
Discovering potential misallocation of funds within a business partnership is upsetting. The assumption is that the person working with you has the company's interests at heart. Learning that this might not be the case is bound to be disconcerting. One must tread...
What businesses can do to prevent workplace discrimination
Discrimination in the workplace can be detrimental to employees and morale. It can also lead to costly legal challenges for businesses. By taking several proactive steps, businesses can lower the chances of workplace discrimination taking place. They can also help...
The importance of cybersecurity in your business
In the digital age, businesses rely heavily on technology to operate efficiently. While these technological advancements have streamlined processes and expanded opportunities, they have also exposed organizations to the ever-present threat of cyberattacks. The Zebra...
How to establish a copyright
Copyright plays an important aspect in safeguarding your creative works and ensuring that your artistic, literary and intellectual creations remain protected from unauthorized use or reproduction. It is an essential consideration for anyone in New York who engages in...