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How to Sign a Contract as a Business Owner

Business owners are constantly presented with agreements to sign to manage relationships with partners, contractors, vendors and others.  It may be tempting to simply sign on the dotted line when your business is presented with one contract after another.  Instead, you should study the signature block carefully to ensure that you are signing on behalf of your company appropriately.  The following steps on how to sign a contract can help keep you on track! Continue Reading…

Business Attorney – New Brunswick, NJ

I am a Small Business Attorney located in New Brunswick, NJ providing personalized service with flat fees! This law office concentrates on small business counsel such as business formation, legal counsel and the preparation, review and negotiation of contracts to assist clients with the contractual aspects of their commercial dealings. Continue Reading…

Starting a Business Checklist

1. Select Your Business Structure.  Consider the various structures (Sole Proprietor, LLC, Partnership, and Corporation) and their legal and tax implications to determine the best fit for your business.  Register your entity and draft governing documents that will manage the entity and your partner relationships, such as an LLC operating agreement, a partnership agreement or corporate bylaws. Continue Reading…

How to Structure a Family Business

Starting and managing a family business can be rewarding for everyone involved.  It is the foundation of many long-standing and profitable businesses as well.  That said there are certain legal parameters that should be put in place prior to officially beginning a family business. Continue Reading…

Sole Proprietorship vs LLC

When you are ready to start your business you must first determine the legal structure.  There are a number of options to consider such as a sole proprietorship, limited liability company (LLC) or corporation.  Most small businesses that consist of just one member and no employees typically choose to operate as either a sole proprietorship or LLC.  But which is the best choice? 

Well, that depends on the legal and tax needs of each particular business but here are some factors you should consider:  Continue Reading…

Incorporate in Delaware or New Jersey?

Most New Jersey business owners and entrepreneurs will ponder the question of whether to incorporate in Delaware or New Jersey early in the business process.  It has become common knowledge that incorporating in Delaware is a popular decision for corporations.  But does this decision suit everyone? Is it appropriate for small, closely held or family companies that incorporate? Let’s look at some of the factors involved. Continue Reading…

What Is An Operating Agreement?

While managing your LLC you have undoubtedly come across the term “operating agreement” and you may have questioned the legal significance.  In short, the LLC operating agreement provides the legal terms that govern your business by establishing the LLC’s purpose, how its run and each member’s rights and responsibilities. Whether you have a single-member LLC or a multi-member LLC, it is strongly recommended as it is where everyone will look for guidance when there is a major business issue.  And with growth and success, you can expect an issue or two at some point.  Therefore, let’s consider the following: Continue Reading…

Start a Small Business in New Jersey – In Five Steps

 

1.      What type of business entity will you form?

To start a small business in New Jersey, first consider the type of entity that will best suit your needs.  Depending on whether you will be the sole owner or partner with others, you may choose to operate as an LLC, partnership, or corporation.  Each entity offers its own advantages and disadvantages and you will need to consider the legal and tax consequences to find the best fit for your business.  Continue Reading…