Category Archives: Business – Buying-Selling-Starting

What is a Good Guy Guaranty of a New York Lease?

Whether you are just starting your business or are moving to a new location, leasing suitable space is one of the most important decisions you will be making. In addition to signing a lease, if your business is in the … Continue reading

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Do I Need to Pay Sales Tax When I buy a Business in New York?

When you purchase a New York business, you will need to pay sales tax on the value of the personal property included in the sale.  The sales tax rate depends on the county in which the business is located. In … Continue reading

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How do I start a home business in New York?

Maybe you’ve been downsized, or just out of college, and like many in these tough economic times decided to start your own business.  Operating out of your home is often a good option (Steve Jobs started Apple in his parents’ … Continue reading

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What does it mean to assume a lease when buying a New York business?

As is often the case when purchasing a small business, the business owner will be leasing its space from the building’s owner. So, in addition to purchasing the assets of the business, (As I discussed in a previous post, it … Continue reading

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Thinking of Buying a Business?

You’ve decided to buy an existing small business.  Let’s say the owner has decided to retire and you see this as a great opportunity to  take over a profitable enterprise. You’ve negotiated the purchase price with the help of your … Continue reading

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