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Garland & Mason, L.L.C.
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50 Cent had to pay $22 million? That’s a lot of half-dollars. http://dlvr.it/NSzMx9

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What Effect Will Filing for Small Business Bankruptcy Have on My Personal Credit?: If you’re a small business owner struggling with debt, filing for Chapter 7 Bankruptcy can help you to get back on your feet. Whether you will be held personally liable for your business debts depends on the structure of your business. Continue reading to learn about the specific factors in small business bankruptcy that can leave you personally accountable for debts. Determining Personal Liability in Small Business Bankruptcy What type of business entity is the business? – Whether you formed a specific business entity and the type of this entity largely determines the responsibility for business debts. Sole proprietorship – If you didn’t form an entity and are a sole proprietor, you may be responsible for all business debts. You and the business are one and the same, under law. As a result, filing for business bankruptcy equates to filing for personal bankruptcy. Limited partnership, Corp, or LLC – In... Read More » The post What Effect Will Filing for Small Business Bankruptcy Have on My Personal Credit? appeared first on Garland & Mason, L.L.C.. http://bit.ly/2lFOAnw #Bankruptcy #chapter7 #SmallBiz

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How Should I Best Fund My Small Business Idea?: The greatest deterrent to starting one’s own business is likely the question of funding. Following a small business idea requires capital, a commodity that few entrepreneurs have when starting out. With this being the case, they look to outside sources for funding. Sources such as family, friends, and, eventually, angel investors. Let’s go into more depth about what this process looks like, for each source. Sources for Funding Your Small Business Idea Family and friends – While this can be the easiest place to look to for funding, be careful. You don’t want to unknowingly take advantage of the love your friends and family have for you by tying them to a failing business idea. If your friends feel like you used them for money, it could irreparably damage your relationship. Small business loans – Despite popular belief, there are many organizations who are interested in lending to small businesses.... Read More » The post How Should I Best Fund My Small Business Idea? appeared first on Garland & Mason, L.L.C.. http://bit.ly/2lDGKer #BusinessFormationPlanning #Investors #studentloans

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Monmouth County residents, what’s your reaction to the property assessment pilot program? http://dlvr.it/NNkH59

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The 4 Most Effective Strategies for Managing Cashflow: Whether you’re talking about business or personal finances, managing your cash flow well is imperative to financial success. It can come down to weighing the importance of factors against each other, with all of them seeming to be crucial. Effective budgeting may appear tedious, but it comes easier if you focus on the benefits you will get from it. In this spirit, here are the most useful approaches for managing cashflow. Best Strategies for Managing Cashflow Set a timeframe – The period by which you measure your budget needs to be long enough for you to see its effects. Within this timeframe, you should be tracking your finances and keeping them in check. Monitoring them can also be motivating. If your budget is made well, you’ll be able to note an upward trend in your savings. Communicate with all involved – Everyone involved with the management of cashflow needs to... Read More » The post The 4 Most Effective Strategies for Managing Cashflow appeared first on Garland & Mason, L.L.C.. http://bit.ly/2kxXqj7 #BusinessFormationPlanning #budget #businessTips

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When is Selling a Business a Good Idea?: Selling a business doesn’t have to mean that it’s not operating successfully. Sometimes, the best time to sell a small business is precisely when it’s doing well. Doing so can lead to bigger and better opportunities. Here are some factors to consider when deciding whether to sell your company. How to Know Selling a Business is the Right Choice Value of business – Running a business is a risky proposition. Roughly 90 percent of start-ups raise under $20 million and last less than two years before they go under. Realistically, the longer you follow the dream you started with for your company, the riskier it gets. By knowing that the value of your company will eventually peak, however, you will have an edge in knowing when to sell. Potential buyers – You can’t sell your company if no one is willing to buy it. To determine if larger companies are... Read More » The post When is Selling a Business a Good Idea? appeared first on Garland & Mason, L.L.C.. http://bit.ly/2lHlQHL #Business #SmallBiz #startup

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Impressive group of very accomplished women! http://dlvr.it/NKztcb

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When Should I Sue a Landlord?: We’ve all had a lousy landlord, but there are different degrees of bad. A landlord may continually get on your nerves by taking forever to fulfill maintenance requests. This doesn’t mean that you should bring legal charges against him. You shouldn’t, that is, unless something that should have been fixed in a timely manner ends up causing an injury. There are circumstances, however, that you do need to sue a landlord over. What to Sue a Landlord Over Injuries – A landlord can be liable for a tenant’s injury if he fails to warn the tenant about a defect he knew about. Similarly, a tenant can sue his landlord if injured by a damaged appliance that the landlord failed to fix. Uninhabitable conditions – It is your landlord’s duty to keep your living spaces habitable. This includes complying with all housing, health, and safety codes. It also covers keeping systems such as... Read More » The post When Should I Sue a Landlord? appeared first on Garland & Mason, L.L.C.. http://bit.ly/2looFxn #RealEstate #breachofcontract #RealEstateTips

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Does My Employer Have to Pay for Training?: Employers are required to compensate their employers for all hours worked. What about time spent in lectures, seminars, and similar activities? Does your employer have to pay for training like that? The short answer is that your employer must pay you for all required training sessions. All, that is, except for the following exceptions. Times Your Employer Doesn’t Have to Pay for Training An employer may not be required to pay you for attending any training session outside of your usual working hours if any or all the following are true: Voluntary attendance – Attendance is deemed voluntary if the employer never explicitly says to go to the training or leads the employee to believe that missing the training could affect his standing in the company. Not directly related to job – Training is directly related to an employee’s job if it is designed to make him better at the... Read More » The post Does My Employer Have to Pay for Training? appeared first on Garland & Mason, L.L.C.. http://bit.ly/2lc096D #EmploymentLitigation #employmentlaw

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Business leaders, what do you wish you’d known? http://dlvr.it/NGhMS6 
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