Business Law
10Oct

Selling your share in a closely held business? What to know, Part II.

PART II – LITIGATION UNDER NEW JERSEY’S SHAREHOLDER STATUTE

In a public company, as discussed in Part I, a shareholder can quickly find a buyer for his or her shares at a price already set by the stock market. However, in small companies, there is...
05Oct

Selling a closely held business to your business partner? What to Know!

 

PART I – THE BUYOUT

Small businesses with a limited number of shareholders – sometimes referred to as closely held businesses – face an obstacle that larger, publicly traded companies do not: liquidity. Liquidity is simply a term used to describe the degree an interest,...
17Apr

Consulting in New Jersey: What you need to know?

Consulting or freelancing is becoming an increasingly popular way to earn a living.  Unlike salaried, W-2 employees, consultants or freelancers have greater control over when they work, where they work and who they work for.  If you are considering either working as...
12Jan

Starting a Business in New Jersey: What You Need to Know

Corporate entities are formed for all sorts of reasons.  For example, some corporations are formed in order to purchase real estate, some businesses are formed by entrepreneurs looking for new business opportunities and some corporations are formed to fulfill lifelong dreams, such as the opening...
12Jan

Filing for 501(c)(3) Status Just Got Easier

According to the IRS, the agency handles 70,000 applications for tax-exempt status each year.  As a result of the volume of applications being submitted, it can take months for an application to be reviewed by an examiner.   For many non-profits who...