by Howard C. Stross | Dec 16, 2020 | LLC, Business Law, Small Business
When starting a business, a business owner must first choose which type of entity to create. Two of the most popular entity types are the limited liability company (LLC) and the corporation. Choosing between these two types of entities can be difficult for business... 
by Howard C. Stross | Aug 6, 2020 | Business Law, Buying and Selling a Business, Small Business
Contracts are an essential part of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. Sometimes, business owners attempt to create their own contracts by... 
by Howard C. Stross | Jul 25, 2020 | Asset Protection, Business Law, LLC, Small Business
Going into business for yourself for many Americans is a lifelong dream, although it is not without risk. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step has risks. This is especially... 
by Howard C. Stross | Jul 17, 2020 | Business Law, Buying and Selling a Business, Commercial Real Estate, LLC, Small Business
There was a time, not too long ago, when you could buy a business that included real estate, and documentary stamp transfer tax (“Doc Stamp Tax”) did not have to be paid. Why? Because ownership of the real estate did not change, i.e. the limited liability company or... by Howard C. Stross | Apr 8, 2020 | Business Law, Buying and Selling a Business, Real Estate Closings
Once a business sale contract is signed, a buyer or seller may ask how long it will take to close the deal. Howard Stross discusses what can affect a closing date when buying or selling a business. The timing for closing on a business purchase or sale could depend on... by Howard C. Stross | Nov 19, 2019 | Asset Protection, Business Law, LLC
Should I have insurance? This question is frequently asked, especially from persons who use or plan to use a Limited Liability Company (LLC) as their legal platform to do business. That question got me thinking about some of the most significant questions and comments...
