No matter the size, scope or age of an organization, it is wise for business owners to have a solid succession plan in place. While some natural succession might occur – assistant managers becoming managers, for example – it is important that business owners take a...
Effective And Efficient Attorneys For Your Personal And Professional Needs
The attorneys at Ritigstein Law, are knowledgeable advisors who help clients achieve their goals in estate planning, probate, business law and litigation.
5 business succession planning myths you should avoid
Business owners often work day and night to ensure the growth and success of their organizations. However, when it is time to design an exit strategy, many professionals hesitate to develop a comprehensive succession plan. Often, this crucial step is avoided based on...
Deciding which business structure is best for your business
For New Jersey business owners who are just starting out, choosing a business structure can be a difficult decision. Each type of business structure has its pros and cons, so it may be beneficial to speak with a small business law attorney to help determine which...
What constitutes a legally binding business contract?
Contracts are often the backbone of most business dealings in New Jersey. Therefore, it can help for business owners in the Haddonfield area to have a basic understanding of what constitutes a legally binding contract. The following elements must be met for a contract...
Purchasing an existing business versus franchising
Some budding entrepreneurs in the Haddonfield area may wish to own a business but starting a business from the ground up is not their only option. Sometimes a person would rather buy an existing business or even purchase a franchise. The following is a brief...
Celebrity chef embroiled in breach of contract lawsuit
A celebrity chef, Richard Hales, is suing his former hotel employer after being let go. The hotel claims that they fired the chef from their in-house restaurant, Bird & Bone, for poor performance. Mr. Hales disagrees, and claims that he was shocked by the firing...
How can an NDA protect sensitive information?
The only way companies can stay competitive these days is by introducing exciting new products, creating new ideas and working on projects surreptitiously. The element of secrecy is often of the utmost importance to remain competitive in their field, for fear that...
Considerations on Liquidating a New Jersey Business
Closing a business can be a massive undertaking, regardless of whether it was planned or unexpected. When a New Jersey business owner is unable or unwilling to follow the plan of succession that they have put into place they may need to work quickly and efficiently to...
What is a noncompete agreement?
If you are a small business owner or looking to work for one, you may be interested in the subject of noncompete agreements. A noncompete agreement is a clause as a condition of employment that does not take effect until after the employment agreement between employee...
Trucking company startup considerations
With such a shortage in the trucking industry, now may be an ideal time for entrepreneurs who want to launch their own trucking company. Here are some of the considerations people may face as they enter this potentially lucrative field. Business plan The typical...
