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What Is the Difference Between an LLC and a Corporation?

What Is the Difference Between an LLC and a Corporation?

Your business is growing, or you’re starting a new business, and it’s time to incorporate. Like many entrepreneurs, you might not be sure where to start. What’s your first step? Which business type do you choose? The best way to beat the overwhelm is by gaining information, of course. In this post, we’re going to

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How Can Businesses Draft Contracts That Minimize Future Disputes?

How Important are Contracts in Business Transactions? Contracts are the backbone of every business transaction, whether a company is small, large, local, or international. Well-drafted business contracts can form the foundation of long-term fruitful relationships, while poorly worded ones can form the basis of the downfall of a company. Business contracts often vary and can

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Starting A Business | Choosing New York (NY) or Delaware (DE)

Starting A Business | Choosing New York (NY) or Delaware (DE)

When it comes time to set up a new business, one of the first questions that many aspiring entrepreneurs will face is which state they should register their corporation. For many years now, Delaware has been the choice for many business owners because their tax laws are relatively advantageous for larger companies. However, recently there

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How Do Mergers and Acquisitions Impact Employee Contracts in Companies?

Are Mergers and Acquisitions Good or Bad for Employees? One of the most significant reasons companies merge is to enjoy economies of scale, enabling the merger to complete strategic objectives more efficiently and cost-effectively. However, what is designed to strengthen merged companies and make them more streamlined can be bad news for employees at the

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The Role of Legal Counsel in New York Business Expansion

Is Your Business Expanding to the State of New York? Running a business is challenging, often thankless work. You are not guaranteed a paycheck. You worry about your own insurance. It can be mind-racking, panic-inducing, and just downright difficult. But when things work, it is one of the most rewarding experiences a person can feel!

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