Analysis • Advice • Advocacy
You may reach a point where you no longer want to stay in business with your partner. In some cases, the relationship may break down so badly that the company cannot function the way it once did. One owner may block decisions, cut off access to accounts or stop...
When you build a successful business, you do not expect the biggest risk to come from inside the ownership group. Yet in New Jersey, many profitable companies end up in court because the partnership deteriorates. A business divorce rarely starts with a lawsuit. It...
You start a construction project expecting clear communication, professional results and honest billing. Most of the time, that happens. Still, disputes can arise and in rare situations, someone may allege fraud. Unlike a standard breach of contract, fraud claims...
You show up, your crew shows up, but the check never does. Days turn into weeks, and your business expenses continue to pile up. It is a frustrating situation that plays out far too often in the construction industry. The good news is that, in many cases, contractors...
In many ways, a business partnership is similar to a marital relationship. People combine responsibilities and share risks. They also rely on one another for certain functions and mutually benefit from one another's success. Many people enter into business...
Businesses in the construction sector often hire independent professionals or small businesses for specialized services. Instead of offering a salaried position to a drywall finisher and a tile specialist, the company has a short list of qualified professionals or...
A real estate investment trust (REIT) allows investors to pool their capital and invest in real estate assets without directly purchasing properties. These entities are unique because they allow investors to benefit from real estate income without the hassle of...
Many entrepreneurs may not realize that just because their partnership is forged with the best intentions does not mean it will stand the test of time. The truth is that even the most promising partnerships can be marked by disagreements, challenges or unexpected...
Sometimes, siblings decide to start a business together because they assume that their pre-existing relationship reduces some of the risk inherent in a new business enterprise. Other times, siblings might jointly inherit a business from the estate of a parent or...
Commercial property landlords and real estate investors across New Jersey and New York are often eager to purchase low-priced properties. In recent years, office spaces, in particular, have dropped in value. This nationwide trend has hit the East Coast particularly...