Business owners in New York who are debating on the best formation for their company should know the advantages and disadvantages of a limited liability company. A popular formation, an LLC is a great choice for many business owners, but it comes with some drawbacks....
Business Formation & Planning
Successfully growing your business past the start-up phase
Making the decision to start your own company in New York requires dedicated talent, time and commitment to realize long-term success. For many entrepreneurs like yourself, getting past the start-up phase and onto further growth can be the most difficult part. At...
The importance of having an advanced directive
End of life planning is an important task that many people in New York tend to neglect. Some of them do not realize that they do not need to be dying or disabled to benefit from having an advanced directive. Thinking ahead and preparing for the time(s) when they may...
When it isn’t breach of contract
Contracts are an essential element of running a New York business, so breach of contract litigation has the potential to be devastating to a company. According to Cornell University Law School’s Legal Information Institute, the person bringing the action has the...
What entrepreneurs should know about angel investors
Possibly one of the most difficult aspects of starting a business in New York is coming up with the capital needed for success. According to Entrepreneur magazine, angel investors are quickly becoming the go-to source of funding for startups. These individuals are...
Things to include in a partnership agreement
Going into business in New York carries a significant amount of risk, but the right partner may make all the difference. Before getting under way, though, Chron.com notes that entrepreneurs should consider the ramifications of owning a company together if things do...
Business formation in New York
Entrepreneurs take great risk to get a business running. A large amount of time and dedication is required, but some of the risks inherent to starting a business can be mitigated by incorporating the business. As a result, entrepreneurs can benefit from a basic...