There are four primary business forms that new business owners can choose from when setting up their business. The importance of business form selection should not be overlooked because of the impact they can have on the operation of the business; for that reason, new...
Starting a business in New York can be exciting, but it is also very challenging. It is not something to lightly go into, as there are many things that can go wrong and quickly lead to the company’s demise. It is important to understand some common mistakes that new...
When you are tasked with training employees at your organization in New York, you may be frustrated with situations where your employees seem ignorant of important regulations you have encouraged them to follow. Providing the type of training that motivates them to...
Going into business with a partner is a lot like getting married. You will go into it enthusiastically and optimistic that your business will be a total success and will last forever. However, there could come a time when you and your partner do not agree on how to...
We know how challenging it can be to launch a business and make key decisions for your company. Other business-related issues can cause a great deal of stress as well, such as mergers and acquisitions. If you are considering a merger, or have already started the...
For those who are preparing to launch a business, there are many decisions to make. However, it is essential to identify the most sensible type of business during the entity selection process. At Codispoti & Associates, we know how vital it is for entrepreneurs in...
You are running a thriving business in New York, but you do not want to work forever. If you were retiring from someone else’s company, they could simply replace you, but as the owner, this transfer is not so straightforward. We at Codispoti & Associates, P.C.,...
We have discussed different issues with regard to estate planning, but a number of other decisions may have to be made by those who are creating or reviewing a will or trust. For example, some people may choose to adopt an adult as an estate planning tool, but it is...
If you are planning on launching a business, such as a limited liability company, you may have many different concerns and questions about how to move forward. You may find it helpful to break down the process step by step and focus on individual aspects of the...
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....