What You Need To Know When Planning Your Business Strategy Every single entrepreneur has heard of a business plan. This is a document designed to outline the short-term and midterm goals of your business and is often key when it comes to obtaining business loans. It...
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The beauty of company mergers
Mergers and acquisitions may seem like a complex process. However, undertaking how they work in New York can provide beneficial information for customers and reveal how business law functions as a way to protect society. What are mergers and acquisitions? Mergers and...
What Are the Tax Advantages of Having an LLC?
I'm Neil Fridman with the . If you've taken the time to watch any of the videos on our YouTube channel or have read any of our blog posts, you know that we talk a lot about business and business entities. The reason for this is that the...
What Are the Most Important Types of Insurance for a Business?
What are the most important types of insurance for a business? That's a question I get asked by clients all the time. Protection is the name of the game when it comes to business. One of the main reasons to form a legal business entity is to protect your personal...
The 5 Things You Must Know Before You Start Your Business
"Is there anything I should know before I start my company?" I wish I had a dollar for every time I've been asked that question. When we sit down with our clients, we focus on building a solid legal and strategic foundation for their business. But we also take the...
Should I Have a Team in Place Before I Create My Business?
It's never been easier to hire independent contractors or employees. In today's business world, all it takes is a few clicks of the mouse and a reasonably small fee to list an open position with your company. But should you have a team in place before you create your...
Should you form a corporation or an LLC?
Forming your own business in New York requires you to make many decisions. You need to form an entity that best suits your own needs. You then need to think about meeting the needs of your clients. Corporation and LLC arrangements both have their share of pros and...
Should I Have a Separate Credit Card for My Business?
Should you have a separate credit card for your business? I can't tell you how many clients have been asking me this question. The short answer is yes, you should absolutely have a separate credit card for your business. After all, separating your personal finances...
How Do I Protect My Brand/Copyright/Product in My Business?
Counterfeit products, patent theft, rogue websites, social media impersonation, and copyright piracy... These are just a few examples of brand abuse that can completely derail your business. Thanks to advances in technology, it is now easier than ever for scam artists...
How Do I Know If My Business Is Competitive
Starting a business is complicated enough. But building and sustaining it in any market is the true measure of success. What you need for your business to outperform the competition is a competitive advantage. The more of these advantages you can build, the more...