New York business law and the law of New York Corporations can be complicated. The dangers of not understanding and abiding by New York Corporation law, and New York business law can be costly. From forming a New York Corporation, Limited Liability Company or simply a partnership, Port and Sava will be there to guide your every step.
Every growing New York business faces issues that require the services of an experienced attorney. Issues such as stock-option plans, employee negotiations, state and federal tax rates and intellectual property rights all require a corporate lawyer experienced in representing start-up and emerging companies.
The New York laws that rule and regulate small business and companies are incalculable and numerous. These laws and regulations are also difficult to interpret because they are written in legal language is not common language for the general public. An attorney with small business Law experience can help you get on the right track with your business or company by educating you on the law and counseling you on the proceedings of your business.
It is virtually impossible to give a complete account of all the laws and loopholes that could affect the formation and operation of an emerging company. There are a number of legal issues which you should be aware of that a knowledgeable attorney can assist you with. The most common types of laws that may apply to your business fall into several categories:
Business Formation Laws.
A variety of state laws govern what steps you need to take to properly form and operate the business entity (partnership, corporation or limited liability company, etc.) you choose to form. Also, there are important questions as to whether to form a Corporation over a Limited Liability Company. Knowledgeable lawyers are your best tool in this challenging business environment.
Consumer Protection Laws.
Many federal and state laws protect consumers from fraudulent business acts, misleading advertisements and defective products. These laws also mandate various credit rules and disclosures.
A number of laws may affect the contents of your contracts. But many will purely be the subject of negotiations, so make sure you know the key issues when negotiating and preparing contracts. Contracts are the life blood of businesses. Many very savvy New York businessmen don’t bother with written contracts only to find themselves on the wrong end of a lawsuit. A well drafted contract is the best insurance.
A fair number of laws regulate hiring. Pay particular attention to laws forbidding discrimination based on sex, race, religion, age, etc. Many employers simply do not realize the dangers inherent in hiring, firing, or simply running an office. From making sure that the workers compensation insurance is paid to insuring that the work environment is not hostile, the modern employer spends more time managing his business then running it.