New York courts are veryfamiliar with so-called "confessions of judgment." Reportedly, they approved such judgments in favor of lenders more than 11,000 times last year.
Starting a new business is always a risk, but when you launch with a partner, you may have even more at stake. Working with another entrepreneur – or even several others – means adapting to each others' methods and adjusting to each others' idiosyncrasies. There is always the chance that one partner will take the company in a direction the other partners do not want, and this could result in conflict that places the future of the business in jeopardy.
From Silicon Valley to Silicon Alley. That directional twist is prominently noted in a recent business article dissecting the health of New York City's economy. That piece analyzes business trends driving growth in the nation's largest and most diverse commercial metro, and what it notes is a thriving pulse.
An annual business-focused survey conducted by the UPS Store reveals data that soundly confirms Americans' enduring entrepreneurial focus and drive. Moreover, the report underscores a strong undercurrent of optimism across the country that bodes well for continued business startups and commercial activity.
Graypreneurs are increasing in the United States. What is a "graypreneur?" A graypreneur is simply an older entrepreneur, likely part of the Baby Boomer generation or older. The increase in older entrepreneurs is in part due to many older Americans starting a business instead of heading into retirement.
Starting a business involves significant planning. One of the first choices you have to make is your business structure. A limited liability company, LLC, is one of the most common structures and for good reason.