Running a business can be difficult, especially when you are doing it on your own. This is why it is important to have someone who can give you the advice and guidance you need to make the right decisions for your business. The question is, how exactly can business...
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Business Formation
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...
What Type of Business Entity Is Best for Me?
What type of business entity is best for me? This is a question every entrepreneur asks, and finding the right answer will have a huge impact on your business. The most popular business entities I’m Neil Fridman, managing partner of the ....
Do I Need a Succession Plan for My Business?
Starting and building a successful business requires hard work, dedication and extensive planning. But one business mistake owners often make is failing to create a proper succession plan. What is a succession plan? I’m Neil Fridman with the Fridman Law Firm. Today, I...
How Difficult Is it To Set Up a Startup Business?
You might be wondering how difficult it is to set up a startup business. As an attorney who has helped many entrepreneurs and businessmen get on their feet, I can tell you that it is easy to start your business, but there are undeniable challenges as well. They...
Knowing how to fund a startup can help it grow successfully
If you have a great idea and want to create a startup company in New York, it's essential to go through the appropriate steps. Preparing a business plan is necessary, and you'll also have to secure funding for your startup. Starting with a great idea is critical If...
What You Need To Know When Planning Your Business Strategy
What You Need To Know When Planning Your Business Strategy Every single entrepreneur has heard of a business plan. This is a document designed to outline the short-term and midterm goals of your business and is often key when it comes to obtaining business loans. It...
Should you form a corporation or an LLC?
Forming your own business in New York requires you to make many decisions. You need to form an entity that best suits your own needs. You then need to think about meeting the needs of your clients. Corporation and LLC arrangements both have their share of pros and...
How Do I Know If My Business Is Competitive
Starting a business is complicated enough. But building and sustaining it in any market is the true measure of success. What you need for your business to outperform the competition is a competitive advantage. The more of these advantages you can build, the more...
How Do I Get Capital For My Business?
You've probably heard the old saying that it takes money to make money. And when it comes to starting a business, it typically rings true. It doesn't matter whether you're starting an online company and need a website, employees, and equipment, or whether you're...