There are two types of business owners. The first type doesn't know that their personal property could potentially be at risk if their business is sued. The second type is constantly worried that something could go wrong in their business and that they could lose...
Shift Into
Your Best Business Model
Business Formation
Entity formation and tax implications
A person needs a business idea and plan before creating a business entity. Selecting a business entity is complex since there are multiple types. Each business entity has its own set of tax advantages in New York, New York. The right plan can save the new business...
Negotiating better with venture capital firms
Venture capital firms in New York take on a considerable amount of risk. Learning how to negotiate with investors is the key to securing the funds. Listen and wait for responses Learn to listen and wait for the right response. After you present each major point, see...
Tips for selling a business successfully
Selling a business in New York can be a daunting task. There are so many things to think about, and there is no one-size-fits-all approach for selling a business. Thankfully, there are certain things you can do to make the process easier and increase the chances of...
Redomestication of an NY corporation
Many people who start businesses in New York later find that they want to move their location of incorporation to Delaware. Delaware has a more business-friendly court system and set of regulations for the board of directors, more favorable tax rates, and other...
Starting an international business has unique considerations
"Selling globally" and "international enterprise" are two exciting concepts that can change the life and business trajectory of New York entrepreneurs who wish to expand outside of U.S. shores. However, successful international companies come with considerations that...
The benefits of having outside counsel
Running a business in New York takes a lot of discipline and dedication. If your company is new, you will want to have legal counsel to manage all legal matters. However, it’s beneficial to hire outside legal counsel instead of someone who is a full-time employee....
Choosing the legal structure for a new business
One of the most important decisions made by entrepreneurs in New York and around the country is choosing the appropriate legal structure for their new commercial ventures. Establishing a sole proprietorship is the easiest and quickest way to get a new business off the...
Forming a Business Entity: Lawyers vs. Document Creation Sites
🗣It’s NEVER too late to adopt a legal strategy for your startup. Need help getting started? Reach out to us with any questions at and schedule a free consultation with us today! 📌Follow us! Instagram:...
Why Your Startup Needs a STRONG LEGAL STRATEGY!
Hi, I’m Neil Fridman, Esq., Managing Partner of . Today, I want to discuss with you why it’s important for startups to have a legal strategy. Even when they’re pre-revenue, before they’ve taken in a dollar of any cash whatsoever… I think a...