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AbdulJaami, PLLC
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Contract Lawyer NYC when legal advice is needed.
Contract Lawyer NYC when legal advice is needed.

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AbdulJaami, PLLC's posts

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Compared to starting a business from nothing, buying a sole proprietorship may allow you to make money from day one. If the sole proprietorship has an established name, or repeat customers, or a defined way of doing business that has been successful, you may be able to benefit right away. This is known as a “turn key” business. https://www.shajlaw.com/services/buy-a-business
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Why change from sole proprietorship to LLC or corporation? Limited liability. A better seat at the table with more investment and growth opportunities. More perks such as a cafeteria plan, 401k, medical insurance, company car, etc. More and better employees with incentives such as stock options, health care plans, and other benefits. A more permanent legacy for you and future generations. https://www.shajlaw.com/services/change-sole-proprietorship

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Making money and saving money while you do it. You’ve started your business and you’re finally starting to see cash-flow and some profits. How much of it can you keep? How much do you need to turn over to Uncle Sam the tax man? Whether your business is a traditional sole proprietorship or a sole proprietorship LLC, these sole proprietorship tax deductions will help you make money while saving money doing it. https://www.shajlaw.com/business-law-blog/sole-proprietorship-tax-breaks

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If you find yourself imagining ways to avoid: (a) trouble collecting money owed, (b) complex legal issues eating into precious time, or (c) key business relationships going sour in the future, you’re thinking about how to manage legal risk. A basic definition of legal risk is an uncertain legal outcome that has the potential to cost you or your business time and/or money. Your goal is to get a step or two ahead, saving time and money by avoiding or minimizing the risk. https://www.shajlaw.com/services/legal-risk-management
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Formation of a sole proprietorship is your first step to getting your business up and running. You may be learning how to establish a sole proprietorship because you need to balance life and work, or you have a great idea that will be financially rewarding, or you want freedom to work in a way best for you. Creating a sole proprietorship could be the way to go and we are here to help. https://www.shajlaw.com/services/sole-proprietorship-formation
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Freedom to feel good about your work without someone breathing down your neck. Thinking about starting a business brings up question after question. Ten topics that typically come up when considering what to learn about starting a business... 

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If your sole proprietorship is a Second or Third Income, use the Sole Proprietorship LLC wrap to protect your first or second income from a possible sole proprietorship disaster... https://www.shajlaw.com/business-law-blog/sole-proprietorship-llc

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Craft without worry. Build your independent business while avoiding things such as misdemeanor criminal liability for a misleading or deceptive business name. Formation of a sole proprietorship is your first step to getting your business going. Learn how to create a sole proprietorship while avoiding the headaches, leaving you free to work the way you want. http://ow.ly/zV9P303jNt7
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Owners of sole proprietorships in NYC face personal financial catastrophe, walls blocking fund raising, and cramped growth.
Here's the solution that prevents all three. http://ow.ly/ZRfT3034q6o
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New Blog Post: Letter of Intent Flaws You Must Avoid - When you are writing a letter of intent to purchase or sell a business, what should you include? What should you leave out? What should be the goal of the letter of intent? You may try to answer these questions by searching for a sample letter of intent, an example to base your own letter on. But if something goes wrong, will your sample letter of intent be enough? If you are contemplating a significant transaction, it may make sense to...
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