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The success of a business is often based on its ability to distinguish itself from others in their industry. As business owners create unique business plans, personalized and effective approaches to service their customers, know their local supply chains and customer...
Business owners often encounter situations where one of their vendors breaches a contract. Needless to say, it is important for all business owners to know what to do if this happens. In general terms, a breach of contract occurs when one party does not comply with...
While we often use the terms nonprofit and not for profit terms interchangeably, technically they represent two different business entity types. From a tax and financial standpoint, both of these are very different from a for-profit business. Knowing the difference...
If you own a limited liability company (LLC), an operating agreement is a must. Operating Agreements govern not only the way in which a business will operate during its life, but will also govern how your business will be "wound down," and eventually dissolved - be it...
Many New York companies employ a buy-sell agreement to sell a person's ownership share of a business to another partner or to shareholders in the event the owner can no longer function as an active participant in the company. The key to activating a buy-sell action is...
Non-disclosure agreements, when they work, help form a shield around your New York company's sensitive information and prevent your workers from giving the information out to competitors and also prevent unfair competition from the use of your own company's documents....
Litigation between majority and minority shareholders can impact the health of a business and the finances of shareholders. Oftentimes, minority shareholders will feel underrepresented and powerless in these disputes. Understanding the rights and remedies that...
In case you didn't know, the IRS has a criminal investigation division. And they are decidedly proud of their well-earned reputation as a law enforcement agency. As you may have guessed, the division focuses on traditional tax cases, but has also worked in the areas...
