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Partner Disputes: How to Force a Partner Out of the Business
It started with a great vision and path to success together. This partner was going to be an asset to the business. And perhaps at some point, they were. But for whatever reason, the relationship soured, and now your differences are irreconcilable. The partner may be...
Partner Disputes: How to Force a Partner Out of the Business
It started with a great vision and path to success together. This business partner was going to be an asset to the business. But for whatever reason, the relationship soured, and now your differences are irreconcilable.
Latest Posts
How Important Is a Patent Portfolio to Potential Investors?
When it comes to backing start-ups, investors and venture capitalists want to believe they’re investing in the next big thing. This is especially true in the case of tech start-ups and companies who are creating innovative products. In short, investors want to know...
Sites like Legalzoom Do Not Handle the New York LLC Publication Requirement
We get it – extra cash can be hard to come by when you’re trying to get your new business off the ground. It can be tempting to cut corners to save a few filing fee dollars, and unfortunately that leads too many entrepreneurs into the trap of relying on automated...
Accepting Bitcoin to Fund Startups
When it comes to starting a business, amassing the necessary funding can feel like an uphill battle. For that reason, some startups naturally consider branching out beyond the traditional forms of investment to get funding wherever they can find it. One such...
How Your IP Portfolio Affects the Value of Your Business
Many people think of business value as being made up of your tangible assets, things like profits and equipment and real estate. While that may have historically been true for most traditional brick-and-mortar businesses, many of today’s startups and emerging...
Four Common Reasons Business Partnerships Fall Apart
Entering into a new business partnership is an exciting prospect for any entrepreneur. And while it would be great if all businesses were successful, the reality is that many fail for reasons that are avoidable. Before things get off the ground, you should consider...
How to Defend Your Intellectual Property From Misuse
For many emerging companies, the most valuable assets are ones that aren’t tangible. It’s easy to think of property as only the physical things you use to build your business. In reality, though, the most important building blocks for your company are usually the...
What You Need to Do Before You Incorporate as a Single-Member LLC
It’s an exciting day for any entrepreneur when the time comes to officially turn yourself into a business. There are many benefits to forming a single-member LLC, including favorable tax implications, limitations on personal liability, and minimal regulatory...
Non-Compete Clauses
So, you’ve decided to form an LLC and turn your dream into a legitimate business. By now, you’ve probably read lots of advice on the steps to you need to take to make your LLC official, including drafting an Operating Agreement. Most resources, however, don’t give you...
Stock Options for Your Key People, What’s the Best Strategy?
Once your business starts to take off, it’s natural to want to share your success with the people who have helped and supported you along the way. One popular way to do this is through the issuance of stock options. Offering equity to your employees can benefit your...
Employment Agreement Are Crucial
In an ideal world, employment relationships would be non-contentious. In reality, what began as an amicable arrangement all too often devolves into disagreements and disputes. The best way to protect yourself from potential future conflicts is to enter into an...
Meet Sal Mughal, Founder KSMK Group
Meet This Month's Hot Entrepreneur! Meet Sal Mughal, founder of KSMK Group, a top contract manufacturer of nutraceutical products like vitamins and sports supplements. KSMK prides itself on two things, taking special care of their customers and creating the most...
What’s the Purpose Behind New York’s LLC Publication Requirement
If you’re a new business considering incorporating in New York State, chances are you’ve heard of the state’s infamous publication requirement, which mandates that new corporations to place fairly costly ads in traditional newspapers informing the public of their...
Gouchev Law Named One of the Top 7 Business Law Firms in Manhattan
Here at Gouchev Law, we’re dedicated to advancing innovation by providing our clients with top-notch corporate legal advice. Our firm prides itself on helping creative, dynamic companies achieve success. We were thrilled to learn recently that our efforts haven’t gone...
Should You Form Your Corporation in New York or Delaware
Incorporation is an exciting step for any up-and-coming business. One of the first questions many New York companies ask is whether they should incorporate in New York or Delaware. Chances are you’ve heard there are advantages to incorporating in Delaware, but you’re...
How to Get Paid By Non-Paying Clients
Managing to turn your passion into a business in no small feat. While it may be tempting to relax a bit once you’ve started landing clients, the reality is your job has just begun. After all, we all know that making money is crucial to the success of your business....
Choosing the Type of Entity
So your business is no longer just a hobby but an actual, ongoing moneymaking venture. Congratulations! But you’ve got some homework: deciding what type of business entity you would like to form under your state’s business laws. “Wait, what if I’m not ready or even...
The FDD (Franchise Disclosure Document) Explained
If you are a potential franchisee considering investing in a franchise, one key step in your due diligence is will be to receive and review the Franchise Disclosure Document, or FDD. The purpose of the FDD is to give you an informed understanding of the risks,...
How to NOT Have Your Corporate Veil Pierced
There are a number of reasons to form an LLC, S-Corp, or other corporate form, but one of the biggest reasons is right there in the first two initials of an LLC: Limited Liability. By creating an LLC or similar corporate formation for your business, you can prevent...
How to Solve Business Partner Disputes Productively
A business partnership is like a marriage in a lot of ways. You and your business partners joined together because you had a common purpose that you both found worth pursuing for your mutual benefit. And, like a marriage, your partnership means you have rights but...
Startups: Choosing Between an LLC and an S-Corp
For many startup owners and entrepreneurs, following their passion by building their own business was at least in part a way to avoid cubicle life, spreadsheets, and generally uninteresting issues of corporate finance and compliance. But as your business grows, these...
What You Need to Know Before Buying a Franchise
From yoga studios to restaurants to gyms to professional service companies and everything in between, owning and operating your own franchise can be a great way to become your own boss and rake in serious cash while building on brand name recognition and other...