Maintaining Liability Protections of an LLC or Corporation One of the primary advantages of registering a business as an LLC or corporation is liability protection in the form of safeguarding a business owner’s personal assets from being reached by a business creditor or in the case of legal ... Read More >
May 18
Brooklyn Business Lawyer: Employee vs. Independent Contractor
Brooklyn Business Lawyer: Employee vs. Independent Contractor Classification of a worker as either an employee or an independent contractor can be critical, and misclassification can have serious consequences. Improperly classified workers are often denied access to benefits and protections, such ... Read More >
May 6
When Must a Business Pay Interns? – New York Business Lawyer
New York Business Lawyer: When Must a Business Pay Interns? Hiring interns may seem like a brilliant way to benefit your small business. By setting up an effective intern program, you can spot talent, get fresh perspectives, and save money on recruitment costs. The interns also benefit by gaining ... Read More >
Apr 19
Brooklyn Startup Lawyer: Protecting Your Brand
Brooklyn Startup Lawyer: Protecting Your Brand Establishing a strong brand is pivotal to the success of your new business. Although selecting and registering your trademark with the U.S. Patent and Trademark Office is an important first step, you should consider taking additional steps to protect ... Read More >
Apr 6
Should I Form an LLC or an S Corporation?
New York Business Lawyer: Should I Form an LLC or an S Corporation? If you have decided to start your own business, one of the first decisions you need to make is how you want to structure your entity. There are advantages and disadvantages to both limited liability corporations (LLCs) and S ... Read More >
Mar 22
Due Diligence: Preparing to Sell a Small Business
New York Business Lawyer Discusses Due Diligence: Preparing to Sell a Small Business “Due diligence” is the period of time during which a buyer has the opportunity to investigate a business before completing the purchase. During the due diligence phase, the buyer can research the company’s ... Read More >
Mar 14
The Importance Of A Trademark For Small Business
Brooklyn Business Lawyer Discusses The Importance Of A Trademark For Small Business A trademark brings your business recognition. The importance of a trademark for small business is vast. Although there is no requirement that you register your trademark, registering and owning a trademark on the ... Read More >
Feb 24
Asset or Stock Sale When Buying or Selling a Small Business
Brooklyn Small Business Lawyer: Advantages of Asset vs. Stock Sales When Buying or Selling a Small Business One of the most important considerations when buying or selling a small business is whether to structure the sale as an asset sale or a stock sale. Usually, the seller will prefer a stock ... Read More >
Feb 9
How to Buy an Existing Small Business
Brooklyn Business Lawyer Discusses How to Buy an Existing Small Business Buying an existing small business can be a smart decision as it is often less risky than starting your own business and you can hit the ground running. It is a good idea to consult with an experienced business lawyer early in ... Read More >
Sep 29
FAQ: Corporations
What is a corporation? A business corporation is a legal entity that is separate from the individuals who compose it. Corporations generally have perpetual existence (no fixed date for dissolution) and limited liability (the shareholders are not personally liable for the liabilities of the ... Read More >