{"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":"

\"New<\/p>\n

Your New Jersey Business Attorneys<\/h2>\n

\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

Proper Business Formation<\/h3>\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

Acquiring Assets and Due Diligence<\/h3>\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>\n

Business Contracts<\/h3>\n

Business contracts<\/a>\u00a0will be a routine part of your business. You may have contracts with customers, independent contractors, employees or suppliers. If you are regulated by municipal or state regulation, your contracts may be required to contain certain language.\u00a0\u00a0If you do not, there may be serious consequences. Some contracts may need to reflect your business practices. Waivers may be appropriate in some cases or unenforceable in others.\u00a0\u00a0Keep in mind that form contracts purchased online often omit important terms specific to your state, license, or specific business operations and you and your business may suffer the consequences. In order to protect your livelihood, an attorney can review regulatory requirements and create a useful contract form which meets the legal requirements and specific needs of your business model and your trade.\u00a0\u00a0Your attorney should also be contacted when legal agreements are proposed or modified during the course of business.<\/p>\n

Our New Jersey Business Attorneys Can Help<\/h3>\n

A smart approach to business involves maximizing the rewards of your business while minimizing the risks.\u00a0\u00a0Hiring a\u00a0New Jersey business attorneys\u00a0with knowledge of business and contracts is important.<\/p>\n

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You don\u2019t know what you don\u2019t know. Disputes are more likely when a business is not properly advised, and the costs of litigating liabilities are typically exponentially larger than the costs of minimizing risks through proper business formation and contracting.<\/em><\/p>\n<\/blockquote>\n

With the assistance of an attorney, you can proceed with your new business with increased confidence and protection.\u00a0\u00a0It is important that you hire an experienced business attorneys who gets to know you and your business.<\/p>\n

The attorneys at Law Offices of Robert J. Shanahan, Jr. are experienced business and contract attorneys, including representing businesses subject to regulatory requirements.<\/p>\n<\/div>