When a business is entering into a commercial lease, there are several items they should be aware of including the differences between a commercial lease and a residential lease as well as important terms to include in the agreement. Differences between commercial and...
Business Transactions
Making your new startup legal: 4 Types of business structures
Starting a business is an exciting endeavor, but if you are a first-time entrepreneur, you may have many questions. If so, you are not alone. Many new business owners seek out attorneys who can help them form their company for this reason. Whether you use professional...
What are some common business contract mistakes?
Business contracts require careful construction. One misstatement or mistake can put the whole contract's validity at stake. Harvard Law School explains that some common business contract mistakes are often not due to the actual wording in the contract and are more...
What should you include in your business plan?
New Jersey residents starting a new venture may find it valuable to write a solid business plan. The Small Business Administration explains that a good plan outlines how you will operate and grow your business. According to the SBA, most business plans are in a...
The challenge of finding a trademark-worthy business name
As many entrepreneurs see it, when times are tough for business, that is exactly the time to start a venture. Of course, we will not offer advice about that here. But one famous investor is especially famous for saying, “Be fearful when others are greedy and be greedy...
New Jersey businesses may merger and acquisition issues
Whether you are a small, medium or large business it may be time to think of taking the step of undergoing a merger or acquisition. There could be many reasons for this. Maybe you finally have the capital to grow, maybe your competitor or your own business isn't doing...
Honeywell says it’s moving its HQ to North Carolina
Honeywell International, Inc., obtained significant incentives from the state of New Jersey to move its corporate headquarters from Minneapolis to New Jersey. Now, the diversified firm is announcing plans to move its headquarters to Charlotte, North Carolina. Will a...
What entities can business owners in New Jersey choose from?
One of the first steps a new business owner in New Jersey must take before the business can start running is to choose a business entity. Some of these entities are sole proprietorships, partnerships, limited liability companies and corporations. There are advantages...
How do mergers differ from acquisitions in New Jersey?
Many people in New Jersey hear the terms "merger" and "acquisition" but may not know exactly how these two business transactions differ from one another. Therefore, it is useful to understand the legal definitions of "merger" and "acquisition" to better understand how...