Blog Category | Business law
When it comes to business contracts, what you don’t know can cost you. Whether you’re sealing a partnership, hiring vendors or licensing intellectual property, a legally sound contract protects your interests and minimizes risk. Yet many businesses skip legal review, relying on templates or verbal agreements. That shortcut can backfire,...
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Opening a business is a major undertaking that comes with serious decisions and significant risks. One decision that you may have to make is about the physical location for your business. Finding the best one possible can help to provide the basis for your company’s success. You have to think...
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Getting a customer to pay on time is not always easy. Late payments can disrupt your cash flow and cause stress. You might send reminders, make calls or even stop offering services, but some clients still avoid settling what they owe. While chasing payments is never pleasant, there are ways...
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Signing a commercial lease is a major financial commitment. The business leader agrees to pay rent for an extended period of time. In many cases, commercial leases last multiple years and cost thousands of dollars per month. If the business that rented the space fails or proves insolvent and must...
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When a debt collector reaches out about a debt, they must provide a validation notice—a written or electronic statement outlining key details about the debt and the consumer’s rights. This notice helps ensure transparency and allows consumers to verify the debt’s accuracy before making any payments. Under Regulation F of...
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The environment has turned into a very divisive subject. It has led to protests, boycotts and more. At the same time, some big-name business owners and politicians have made it very clear that they oppose environmental restrictions or policies they believe are hindering their right to do business how they...
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You and your business partner started your company with the goal of working together for decades. This company has always been your dream, and you and your business partner finally made it happen. Unfortunately, your partner doesn’t share your enthusiasm for staying at the business long term. They want to...
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When someone threatens to target your business in a lawsuit, your actions can protect or jeopardize your company. It can be a stressful and confusing time, but a measured approach can help you stay focused. Following these guidelines allows you to take things one step at a time, possibly preventing...
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Dealing with unpaying customers can be a daunting affair that not only affects cash flow but also disrupts the smooth functioning of business operations. When customers fail to pay their debts on time, it creates a ripple effect throughout the business. If you have business customers lagging behind on debt...
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Running your own company can bring a lot of personal and professional satisfaction. You get to be your own boss and represent a brand that you have built. That being said, running a business is by no means easy. There are a number of potential legal disputes that you may...
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Going into a business partnership with a like-minded person or group of people can be rewarding in many ways. Besides pulling resources together, a business partnership also lets you share your skills and experiences. But what happens when you discover that the person you trusted is dishonest? Specifically, what happens...
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New Jersey is brimming with entrepreneurial spirit and industrial diversity, attracting many diverse business types. Those looking to start a new enterprise here may have good odds of gaining a foothold in the state consumer market. However, you must make a few essential decisions before your business dreams can come...
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There are many ways for creditors to push someone who has fallen behind on their scheduled payments. Often, basic collection efforts can bring a past-due account back into good standing. A phone call advising someone that an account will shortly go to collections might be enough to prompt them into...
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Entering a business partnership with someone can be a great way to move a company forward. Yet, whether you do it from the outset or once the business is up and running, one thing is crucial. You must create a solid partnership agreement. Here are some of the things the...
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You run a construction company, so you’re always wary that clients may make claims that you have built them a defective property. In some cases, these claims have absolutely no grounds, such as when the client simply doesn’t like the aesthetic choices but you followed their plans and instructions perfectly....
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Each state has a legally imposed time limit for plaintiffs to file a civil lawsuit against a person or a business. This is called a statute of limitation and the time limit is an important way to preserve the evidence that is intended to be brought out while proving or...
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Small business owners in New Jersey can suffer devastating losses if they find themselves in a lawsuit. Nothing is more heartbreaking than pouring all of your time, energy and money into a business that you believe in only to have it destroyed by someone who sues you. We know that...
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