It is rare that a business in New York owns the property from which it operates. Most businesses rent commercial space for their store/restaurant/warehouse or other venture. Thus, the owners of the business will be party to a lease with the owner of the building that houses the business. This lease becomes an important piece … Read More
When you are buying or selling a business and the business is operated by a corporation or LLC, you have the option of an asset sale versus a stock sale. What is the difference, you ask. Let me explain. LIABILITIES FOR DEBTS Scenario 1: The business is operated by a corporation. All of the business’ … Read More
Buying a New York business involves many steps, legal considerations and documents. I think almost anyone would be well advised to seek the help of a New York business attorney to make the purchase successful and legally sound. This post is designed to give you an overview of my usual involvement in the process of … Read More
I’ve pretty much had given up exercise for blogging. But since I figured out a way to take blogging to the gym, I’ve been back. I make it bearable by listening to podcasts, the audio version of blogs. Today I listened to (and recommend): Preparing you Businesss for Sale – An interview with Mathew Ashburn … Read More
