New Jersey Bulk Sales Law Review
The New Jersey Bulk Sales law intends to protect buyers from inheriting tax debt from sellers when purchasing business assets. This law was enacted to cover all outstanding taxes that a business asset may have, including final payment of sale taxes a...
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Banking Scams- How To Be Aware Of Them?
Banking scams are becoming more and more common as days pass. It is extremely important to know about them. Such scams are a way for fraudsters to gain access to people’s financial and personal information....
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Business Ownership - Carry Out Transfer Successfully
You have founded and run a business successfully for years. Now, you have come across a more interesting opportunity that deserves your attention. Or you are eying a dream retirement so that you can pursue your hobby. But that need not mean an end fo...
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SBA Loans for Small Businesses – A Brief Guide
Do you know that you can meet many needs of your business using a SBA loan? You can fulfill many business funding requirements such as the need of working capital, servicing debts, purchasing inventory, machinery, fixture, or real estate with this lo...
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Intellectual Property - How Businesses Can Protect
There are over 2,500 to 2,600 lawsuits filed every year on the grounds of patent and copyright infringement. Unfortunately, Intellectual Property (IP) disagreements are more common than you thought! So, what exactly is Intellectual Property? And if a...
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Last Will and Testament
A last will and testament is a legal document in which an individual, or testator (the person who leaves the will), can determine how their property and personal possessions are handled after their death. Your will includes necessary details about ho...
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Forming a Corporation | How to Start a Business in the US? | A Brief Guide
Forming a corporation in the US is the first thing to know for those who wish to start a business and invest in the US. Since this topic is closely related to investment visas such as the E-1, E-2, EB-5 visas, we recommend taking a look at these blog...
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Durable General Power of Attorney
A durable power of attorney gives you the authority to choose a person who will act on your behalf for legal and business matters. This person, called an attorney-in-fact, becomes your representative and can handle a range of responsibilities for you...
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Registering Your Business, Why Is It Important?
Registering your business can refer to register a business name, trademarks, register to pay taxes, or register for licenses or permits. Your location and business structure are two main factors how you will need to register your business. The regist...
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What are the Legal Issues that the Businesses Should Pay Attention When Building an Online Shopping Website?
The marketplaces such as Amazon, Etsy and Ebay are main playing fields for the businesses. However, the firms also need their own websites which enable the customers can shop. The website, which is specific to a firm, plays an important role in intro...
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Business Succession Planning Issues You Need to Consider
For business owners, having an infallible business succession planning strategy in place is indispensable to preserve the legacy of their company. A sound succession plan ensures a favorable transfer of ownership. Besides, it ensures that the baton i...
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How Can Non-USA Citizens Set Up a Business in the USA?
Setting up a business is a hard process itself. This process can be harder in a foreign country. Then, is setting up a firm difficult in America? Especially, what should the non-USA citizens be careful about? ...
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COVID-19 Economic Injury Disaster Loan (EIDL) Program
The Small Business Administration (SBA) has increased the loan limits for the COVID-19 Economic Injury Disaster Loan (EIDL) program, which means you may be eligible to receive additional loan funds for up to 24 months of economic injury with a maximu...
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What is Piercing the Corporate Veil?
Piercing the corporate veil refers to a legal problem in which a court removes the separation of owners, members, shareholders, and the corporate entity and holds them liable for corporations’ debts and actions personally. ...
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LLC in the US | How to Form an LLC in the USA?
Forming an LLC in the US is one of the most common issues for many people seeking opportunities to start a business in the US. LLC, a Limited Liability Company. It is a specific business and partnership structure in the United States. In this blogpos...
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Medical Power of Attorney
A medical power of attorney is a legal document that gives a person the authority to make decisions regarding the health care of another. By naming an agent, to be responsible as a medical power of attorney, and making certain medical directives, you...
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Why Commercial Litigation May Arise?
Running a business brings with it a lot of challenges. In several cases, disputes may arise, and you may face a commercial litigation. Understanding in which scenarios lawsuits may arise will help your company prepare for potential legal problems in ...
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What Does a Lawyer Do in Mergers and Acquisitions?
Did you know what Kraft, Time Warner, and Vodafone have in common? They are all high-profile international businesses that have been involved in mergers and acquisitions. While the merger between Vodafone India and Idea Cellular was highly successful...
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Understanding How Commercial Agreements Work in the USA
Commercial agreements are legally binding contracts between two or more parties that clearly outline their mutual obligations enforceable by law. If any party fails to fulfill an obligation, the agreement also provides remedies to the other party/par...
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How to Apply for EIN Online – A Complete Guide
EIN, or Employer Identification Number, is a Federal Tax Identification Number that is essential for business entities to facilitate identification by the Internal Revenue Service (IRS). The 9-digit number is primarily used to report taxes and allows...
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How to Avoid Gains Tax: The Importance of 1031 Exchange in Today’s Market
For more than a century, real estate investors have avoided capital gains taxes by taking the proceeds of a commercial property sale and investing them in a new property. This strategy has become increasingly popular recently given the unexpected spi...
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Business Registration in State of New Jersey: Requirements, Renew the Registration and More
For businesses to operate in the State of New Jersey, registration is necessary. All domestic and foreign business entities and individuals doing business in New Jersey, including individuals who make occasional sales, must register with the New Jers...
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Joint Venture Agreements and their Role in Making your Company Successful
Joint venture agreements are types of contracts formed to benefit two or more organizations or entities. A successful joint venture gives rise to the formation of new entities. The companies agree to share different resources, such as assets and inte...
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Enforce Ability of Non-Compete Agreements and Biden's New Executive Order
On July 9, 2021, President Biden signed an Executive Order, which directs the Federal Trade Commission (the “FTC”), to limit non-compete agreements and other clauses and provisions, which “unfairly limit worker mobility.” Non-compete contracts are a...
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Importance of Having Employment Agreements
Under the U.S. employment law, most employee-employer relationships are considered at-will. This means there are no employment agreements that legally bind both the parties in case one of them fail to meet an obligation or a dispute arises. This also...
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The New Era for Startups, Opportunities, and Challenges
The new era for startups brings a lot of unpredictabilities. If many people agree that “customer and agile development is the way for startups to quickly iterate and test their hypotheses about their business model”, investors must be careful about w...
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What You Should Know About the U.S. Franchise Law?
Franchising in the United States is a multi-billion dollar business. 1 out of 9 retail dollars spent every day in the country is at a franchised business. The U.S. continues to be a leader in the global franchising industry, with some of the prominen...
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Things to Consider Before Signing Construction Contracts
Construction contracts or agreements are always between builders and their clients. When you create an agreement, you must ensure that it includes all the necessary clauses to safeguard your business. Additionally, the contract must also protect the ...
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Construction Challenges Part 1: Owners' Responsibilities Regarding Subcontractor Mechanics' and Materialmen's Liens
The United States real estate market is booming. Buyers generally outnumber sellers, and many smart entrepreneurs are taking advantage of opportunities to develop or rehabilitate residential and commercial real estate for profit. Real estate building...
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Everything You Should About Statute of Limitations on Debt Collection by State
Are you struggling with piles of debts that are making your life miserable? Unable to pay off your debts due to financial misfortune? Wondering how long a creditor can sue you legally for debt collections or when to stop worrying about your bad credi...
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Business Law Attorney- How Can One Help Implement Best Practices to Navigate the Changing COVID Laws?
It is more than a year now since the COVID-19 pandemic disrupted lives, communities, and businesses globally. Organizations are still bearing the brunt in different ways, especially amidst regulatory changes they should comply with. As a greater numb...
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How Employment Law Benefits Employees In Different Situations?
Employment law refers to a set of codified rules that keep both the employers and the employees restrained within a limit. However, these laws may seem complex at first glance and for different countries, the set of rules varies. ...
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Distribution Agreements- What are the Essential Aspects to Know about them?
It is a contract between a supplying agency selling products and another company that sells these products. The company that purchases products from the supplier is known as the distributing company. ...
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