Purchasing a Business in New York or New Jersey: Tips for Conducting Effective Due Diligence

Are you considering purchasing a business in New York or New Jersey? To make a smart investment, it’s important to conduct due diligence. In this blog post, New York and New Jersey business lawyer Lou Russo provides 5 tips for evaluating financial records, operations, employees, the market, and legal documents when buying a small business in New York. By following these tips, you can effectively evaluate the business and set yourself up for long-term success.

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Corporate Shareholder Meetings In New York and New Jersey

A brief business law blog post authored by New York and New Jersey business lawyer detailing
some requirements for shareholder meetings for New York and New Jersey Corporations. This post is a good primer and frame of reference for all owners, shareholders and directors (boards of directors) of New York and New Jersey Corporations looking to ensure compliance with controlling corporate law in New York and New Jersey

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5 Ways Business Owners Can Avoid Personally Liability for The Debts of Their Business

One of the main draws of creating a separate stand-alone entity (e.g., corporation, limited liability company) when starting a new business is to avoid being personally liable for the debts incurred in furtherance of the business.¬†However, that protection could be lost if the business is not properly managed by owners, shareholders, officers, and/or directors of…

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End-of-Year Corporate Checklist for Small Businesses

While most people are focused on last minute gifts and preparing holiday meals, business owners are getting their corporate affairs in order before the clock strikes midnight and we ring in a New Year.  Here are five questions small businesses and medium-sized businesses should be thinking about as we approach January 1. 1. Do I…

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Merchant Cash Advances: 5 Things Every Business Owner Needs to Know

Traditional financing is not always available to many small business owners. Many turn to merchant cash advance funders to satisfy short term capital needs. Business owners have a business lawyer review the terms of these complex agreements because the consequences of breaching them can be very severe. This New York and New Jersey business lawyer…

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