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Here’s why you need ongoing business counsel in New York
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
Industrial real estate in 2022
The outer-borough industrial real estate market in New York has experienced robust growth through the second quarter of 2022. Industrial real estate is defined as a type of commercial real estate designated for non-public use, unlike retail and grocery stores.
What questions should you ask before signing a commercial lease?
New York provides a variety of prime commercial real estate for those who are interested in starting their own business. However, before you move into these properties, you must sign a commercial lease. You should ask a few questions before
The Corporate Transparency Act
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
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
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
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 acquisition involves
Why intellectual property due diligence is so important
There’s a lot to keep up with in the realm of mergers and acquisitions. When making this type of deal involving a New York company, it may be a nightmare for buyers when they leave due diligence out of their
Why Is it Important to Have a Business Lawyer?
A business lawyer is a legal professional that can help your company or startup business avoid the many pitfalls of starting, operating and growing your business. I’m Neil Fridman, a startup and corporate lawyer, and today, I’ll tell you why
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
What Documents Do I Need To Start a Business?
I’m often asked about what documents a new business needs to get started. This is an important question, and the answer depends on your company’s unique circumstances. I’m Neil Fridman. I’m a corporate and startup attorney who has represented hundreds
FTC lowers reporting thresholds for mergers & acquisitions
There has been a recent change to the rules by the Federal Trade Commission (FTC) regarding the thresholds for reporting of a merger or acquisition. Businesses and residents of New York may want to learn more about the new requirements
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
Watch Out for These Warning Signs When Starting a Business
Starting a new business might be more complicated than you think. I’m Neil Fridman with the . My firm and I have made it our mission to provide entrepreneurs and small business owners in New York and the surrounding areas
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,
What is the 45-day rule in 1031 exchanges?
A 1031 exchange of real property is given special treatment under the Internal Revenue Code New York taxpayers have 45 days from the property’s sale date to identify a replacement property. The 45-day window is the identification period, but taxpayers
How Does Forming a Business Entity Protect Your Assets?
Many entrepreneurs hit the ground running with their businesses without taking the proper steps to protect their personal assets. Unfortunately, without the proper protection in place, events like work-related vehicle or in-office accidents, faulty products, sexual harassment, breach of contract
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.