{"id":13292,"date":"2018-12-27T00:44:28","date_gmt":"2018-12-27T04:44:28","guid":{"rendered":"https:\/\/legalcounselnj.com\/?page_id=13292"},"modified":"2019-10-15T18:13:43","modified_gmt":"2019-10-15T22:13:43","slug":"businesslaw","status":"publish","type":"page","link":"https:\/\/legalcounselnj.com\/new-jersey-attorney\/business\/businesslaw\/","title":{"rendered":"New Jersey Business Attorneys"},"content":{"rendered":"
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\u00a0<\/strong>Whether purchasing an existing business or starting a new one, owning a business should be fulfilling and rewarding.\u00a0\u00a0But, there are many risks in running a business and these need to be minimized.\u00a0\u00a0An experienced\u00a0New Jersey business attorney will help you do this.<\/p>\n It\u2019s your business<\/em>. Your new endeavor must start off strongly with the formation of the proper legal business entity such as a limited liability company or a corporation.\u00a0A properly selected entity will protect your personal assets from the risks and liabilities of the business. Then, in order to maintain this protection, your business operation must follow best practices. If you \u201cwing it\u201d, or take advice from a non-lawyer, you may lose these personal liability protections, defeating the very purpose of forming your entity. These questions of law are too important to ignore or placed into the hands of someone not skilled in the law.\u00a0It\u2019s your business.<\/em>\u00a0\u00a0This is not a place to cut corners or take risks.<\/p>\n Starting your business may involve purchasing an existing business, purchasing assets, or buying or leasing real estate.\u00a0You may also be required to comply with regulatory, franchise, or lending requirements.\u00a0Specific, written contracts should be negotiated with representations and contingencies that allow meaningful due diligence and protection from unfair competition, liens, and past liabilities.\u00a0\u00a0Closing requirements should be diligently met to avoid unnecessary delays.\u00a0\u00a0Leases should have reasonable limits, such as with respect to personal liability and maintenance.\u00a0\u00a0No matter what\u00a0transactions<\/a>\u00a0are necessary to start your business, targeted legal guidance is important.<\/p>\nProper Business Formation<\/h3>\n
Acquiring Assets and Due Diligence<\/h3>\n
Business Contracts<\/h3>\n