If you run a business and a client or vendor owes you money, collecting that debt is crucial. You might use several methods to do this, depending on factors like the type and size of the debt and the nature of your relationship with the debtor. Sending a demand letter...
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Business Law
4 reasons to get a business valuation
On Behalf of The Tarantino Law Firm, LLP | Mar 20, 2023 | Business Law
Determining the economic value of a small business is a critical priority that is surprisingly easy to overlook. However, having regular or annual valuations can be worth doing, especially if you are needing to make important decisions. You are thinking about selling...
Legal guidance from the start can help new business stand out
On Behalf of The Tarantino Law Firm, LLP | Feb 9, 2023 | Business Law
When starting a new business, you will make decisions to distinguish yourself from your competitors. These decisions often focus on everything from the product design to your company name and logo. However, one component you might be overlooking is how legal guidance...
Arbitrating business disputes: What business owners should know
On Behalf of The Tarantino Law Firm, LLP | Dec 8, 2022 | Business Law
Business conflicts of any kind can be highly disruptive and costly to resolve. Thus, if you are a business owner facing a dispute, any measures that can promote a faster, less expensive outcome can be worth looking into. One option you may want to consider is...
3 critical components of your business succession plan
On Behalf of The Tarantino Law Firm, LLP | Nov 9, 2022 | Business Law, Estate Law
Today could be a good time to think about what you want to happen when you leave the business you own. You may have no plans to do this anytime soon, but establishing the framework for this transition now can give you and those who work for you a great deal of...
Does age give entrepreneurs an advantage?
On Behalf of The Tarantino Law Firm, LLP | Oct 4, 2022 | Business Law
The American entrepreneurial spirit continues to thrive despite pandemic challenges or an inconsistent economy. There are more than two million small businesses in New York state, with that number fluctuating based on conditions. These businesses vary by industry,...
Liquor licensing mistakes to avoid
On Behalf of The Tarantino Law Firm, LLP | Sep 29, 2022 | Business Law
If you are planning to open a business that imports, manufactures, sells or serves alcohol, one of your top priorities can be to secure your liquor license. If you have yet to do that, it can be crucial to be aware of certain mistakes that can derail your license -...
Are you ready to start your business?
On Behalf of The Tarantino Law Firm, LLP | Aug 3, 2022 | Business Law
Wanting to start a business and being ready to start one are two different milestones. If opening a business is something you plan to do, there are certain things you need to have in place before you actually get your business up and running. Choose business structure...
Finding opportunity amid struggle
On Behalf of The Tarantino Law Firm, LLP | Jun 3, 2022 | Business Law
There is no one size fits all business model. And, as recent history has shown us, there is also no permanent business model. Circumstances, technology and the world are always changing, which means that businesses will need to adapt to survive. From social distancing...
Tips to keep nepotism from disrupting business operations
On Behalf of The Tarantino Law Firm, LLP | Jun 1, 2022 | Business Law
Working with your family members may be something you want to do or feel an obligation to do if you own a business. While there are certainly perks to hiring people you already know and trust, issues can arise if you move from employing family to favoring them....
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