"Selling globally" and "international enterprise" are two exciting concepts that can change the life and business trajectory of New York entrepreneurs who wish to expand outside of U.S. shores. However, successful international companies come with considerations that...
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The benefits of having outside counsel
Running a business in New York takes a lot of discipline and dedication. If your company is new, you will want to have legal counsel to manage all legal matters. However, it’s beneficial to hire outside legal counsel instead of someone who is a full-time employee....
Three smart ways to stop an acquisition from happening
For one reason or another, a business will take over another company. However, not all acquisitions are friendly. When one business tries to take over another one without the other company's consent, it's known as a hostile takeover. If another company is trying to...
How Full-Stock Mergers Work
Mergers and acquisitions in New York turn out to be lucrative deals when done right. Money is the central focus, but how it’s acquired in a deal is a true challenge. In acquisitions, monetary values have to be exchanged in order for one company to acquire the other....
What are the pros and cons of angel investor funding?
In New York and around the country, many entrepreneurs decide to create startups. Unless the owner is bankrolling this venture, a startup will likely depend on funding from investors. Fortunately, certain wealthy individuals are happy to invest in these companies, and...
Where to get seed funding
Many entrepreneurs in New York have excellent business ideas but lack the capital needed to start a new venture. Additionally, there are also many who have started on a shoestring budget and have proven their mission can be effective and profitable. Both of these...
Choosing the legal structure for a new business
One of the most important decisions made by entrepreneurs in New York and around the country is choosing the appropriate legal structure for their new commercial ventures. Establishing a sole proprietorship is the easiest and quickest way to get a new business off the...
Is it possible to overfund your startup business?
Creating your own startup in New York is a great decision. It gives you the freedom of running your own business and setting your own rules. You also get a great sense of accomplishment once your startup gets off the ground. Also, while too little funding can be a...
Ways to increase the success of a business merger
Before a merger or acquisition, a company makes several decisions. Some of the common reasons are boosting productivity and gaining new customers. However, the merging and acquisition process is complex and risky. Most firms are often unprepared and do not fully...
Is a microloan right for your startup?
In New York and around the country, one of the greatest challenges of new business startups is raising capital. Banks are generally not interested in offering small loans of $50,000 or less to new business ventures, making it almost impossible for entrepreneurs to...