New business owners in New York who plan to have employees must take proper precautions to ensure they do not face a lawsuit down the road. Wrongful termination is one of the biggest reasons ex-employees sue, so it is worth taking the time to put systems and...
Business Law
Could someone easily step into your role at your company?
It is common for people who build their own businesses to think of their role in that business as indispensable. After all, you probably handle a significant amount of the daily operations. However, while it is okay to take pride in how much you do for your company,...
Common mistakes entrepreneurs make
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...
Supporting the growth of a business through strategy
Growing a business in New York is not an objective that can be achieved by sitting idly by and waiting for success to come. On the contrary, successful company leaders spend considerable time testing strategies to find the ones that they can leverage to capitalize on...
What are methods for encouraging compliance after training?
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...
What are the steps to form an LLC?
If you are starting a small business in New York, you may want to consider forming a limited liability company. An LLC may provide unique benefits, including limiting your personal liability for business debts. The process to form an LLC in New York is fairly simple,...
Launching a business and the divorce process
The process of bringing a marriage to an end can be demanding for many reasons, especially for those who do not have very much free time or have concerns about the financial impact of divorce. For some entrepreneurs, approaching the end of their marriage can be very...
Inexperience and business formation
Launching a business can be incredibly lucrative and it may be the first step toward a very bright future. However, this can also be a very difficult time in an entrepreneur’s life, especially for those who may be unfamiliar with their obligations and the different...
Legal issues all entrepreneurs should consider
Imagine after years of planning, saving and building capital, you are finally ready to take the leap and start your own business. Unfortunately, starting a business is not as easy as turning on the lights and hanging an “open” sign in the door. There is a seemingly...
Include these things in a partnership agreement
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...
