The Corporate Transparency Act is a federal law that has wide-reaching implications for businesses of every size in New York. This law is intended to fight fraud and tax evasion, but it imposes new requirements on small businesses that never had to face this level of...
Month: August 2022
Accredited investors
An accredited investor is an important potential player when it comes to trying to raise capital from investors in New York. Accredited investors are not subject to many of the restrictions of ordinary investors and can be involved in a company earlier on. The power...
Why you should seek help when choosing a business structure
There are multiple options available to those who want to start a business in New York. For instance, if you don't like doing paperwork, it may be best to operate as a sole proprietor. However, if you want to enjoy liability protection and potentially minimize your...
The ins and outs of acquisitions in New York
Many entrepreneurs in New York prefer acquiring another company to starting from scratch. This approach has many benefits, including finding an established client base, talents, and products or services to sell. Business acquisition explained The process of business...