Establish Your Business with an Operating Agreement
You have finally decided to start your own business. Now, it is time to choose a business structure. Many small business owners protect themselves by forming an LLC, or limited liability company. Regardless of which structure is chosen, one key document is necessary to establish the operation’s rules and regulations. It is called an operating […]
The Ins and Outs of Buying an Established Franchise
While most entrepreneurs buy and build a franchise from the ground up, some choose to invest in a franchise that is already established. Is there a difference? There certainly is and familiarizing yourself with the ins and outs of buying an established franchise is essential before making such a substantial decision. Also Read 5 Legal […]
Understanding Partnership Disputes
It is one thing to own a business. It is a whole other matter to share ownership of a business. Business partners will always be prone to disputes. At the very least, there are fiduciary duties and obligations that partners have to one another and to the business itself. Partnerships also tend to be personal […]
Businesses Facing Surge in Lawsuits Related to State Consumer Law
Due to broad interpretation of a specific consumer law known as the Truth-in-Consumer Contract, Warranty and Notice Act (“TCCWNA”), New Jersey has seen an increase in lawsuits against businesses operating in New Jersey. Plaintiffs and their lawyers have been particularly fond of the statute’s provisions, which can include a statutory penalty, actual damages or both. […]
Top Five Reasons Small Businesses Should Consult a Business Law Attorney
Just how many people does it take to run a small business? Who are the most essential people? Aside from the owner, is it the accountant? Could it be the insurance agent? For certain scenarios, a business law attorney can prove to be indispensable. A business law attorney will not necessarily play a role in your […]
Business Litigation: Credit and Debit Card Processing
Business Litigation Business Litigation may arise from many services including Credit and Debit Card Processing. If you are a merchant who uses a credit and debit card processing unit, you need to make sure that you are working with a credit and debit card processing company that has sufficient fraud safeguards that protect you. Too often, banks are […]