2009Nov
0

BUSINESS SUCCESSION PLANNING – WHY NOW?

Are you a business owner?  If so, have you considered what might happen to your business if something happened to you tomorrow? Do you have a workable business succession plan in place in case you die, or as some might think, something even worse happens to you, you suddenly become disabled and no longer able…

2009Nov
0

NEW LABOR LAW – NOTICE OF PAY RATE AND PAYDAY FOR NEW HIRES

An amendment to a New York State Labor Law went into effect on October 26, 2009.  Employers are now required to give newly-hired workers written notice of the rate at which they will be paid and their regular payday. (New York’s Labor Law Sec. 195.1)  The new law is intended to eliminate misunderstandings and pay…

2009Jul
0

SHAREHOLDER AGREEMENTS – DO YOU NEED ONE?

The answer is usually Yes. No matter how small or simple your business is, problems can arise which can be more easily addressed if you have a Shareholder Agreement in place. Most shareholders in a company, especially at the inception of the company’s existence, believe that they share one vision with respect to the interaction…