There has been a recent change to the rules by the Federal Trade Commission (FTC) regarding the thresholds for reporting of a merger or acquisition. Businesses and residents of New York may want to learn more about the new requirements for reporting. According to law...
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Do I Need a Succession Plan for My Business?
Starting and building a successful business requires hard work, dedication and extensive planning. But one business mistake owners often make is failing to create a proper succession plan. What is a succession plan? I’m Neil Fridman with the Fridman Law Firm. Today, I...
Watch Out for These Warning Signs When Starting a Business
Starting a new business might be more complicated than you think. I’m Neil Fridman with the . My firm and I have made it our mission to provide entrepreneurs and small business owners in New York and the surrounding areas with the best...
How Difficult Is it To Set Up a Startup Business?
You might be wondering how difficult it is to set up a startup business. As an attorney who has helped many entrepreneurs and businessmen get on their feet, I can tell you that it is easy to start your business, but there are undeniable challenges as well. They...
What is the 45-day rule in 1031 exchanges?
A 1031 exchange of real property is given special treatment under the Internal Revenue Code New York taxpayers have 45 days from the property’s sale date to identify a replacement property. The 45-day window is the identification period, but taxpayers have about 180...
How Does Forming a Business Entity Protect Your Assets?
Many entrepreneurs hit the ground running with their businesses without taking the proper steps to protect their personal assets. Unfortunately, without the proper protection in place, events like work-related vehicle or in-office accidents, faulty products, sexual...
Knowing how to fund a startup can help it grow successfully
If you have a great idea and want to create a startup company in New York, it's essential to go through the appropriate steps. Preparing a business plan is necessary, and you'll also have to secure funding for your startup. Starting with a great idea is critical If...
Using Personal Equipment for Business: Can You?
Owning a business has its perks. You get to make your own schedule and reap the benefits of your own hard work. You also get to use your phone, vehicle, and other personal equipment for business purposes. Or do you? I’m Neil Fridman with the Fridman Law Firm. Today, I...
Importance of due diligence in your M&A transactions
For optimized success, due diligence is essential when approaching a merger. With it, you provide important data on a company, protecting you from jeopardizing your operations. Why due diligence and M&A In M&A, due diligence ensures you have the information...
Six Myths About Getting Your Startup Funded
Six Myths About Getting Your Startup Funded It's not easy to find funding for your company, and there are plenty of misconceptions about how to go about finding capital. Today, we'll discuss six myths that entrepreneurs commonly ask me about when raising capital and...