Most business owners choose to incorporate their companies as limited liability companies (LLCs) to ensure that in the event of business bankruptcy or indebtedness, their personal assets will not be at risk. An LLC provides this kind of personal protection, unless that protection is lost through one of these five common factors: Wrongdoing or fraud. […]

If you’ve never done it before, starting up a new business venture can bring on many sleepless nights worrying if you are doing things right and — sometimes even more importantly — if you’re doing something wrong. Making missteps is bound to happen in any business; you just want to be sure that those you […]

Whether you’re a Baby Boomer launching a second career or a Millennial looking to make millions by striking out on your own, there are some basic legal guidelines for entrepreneurs who are considering launching their own businesses. Here are the Top 10: Choose the right business entity. Many entrepreneurs will launch their new ventures as […]

Making the decision on what type of legal entity to operate under as a new (or even existing) business is much more difficult if you don’t understand the legal and tax ramifications of each potential choice. Here are some key considerations you should be making as you examine your options: Tax treatment. Business entities differ in […]

One of the most important decisions you will make as a business owner is the type of legal structure for your company. There are several choices available, and each entity type carries with it varying legal and tax consequences. Business entity choices include: Sole Proprietorship General Partnership Limited Partnership Limited Liability Company Subchapter S Corporation […]

While being passionate about your new business may make up for some of what entrepreneurs may be lacking in business experience, passion is no guarantee that your new venture will find success. You need to exercise caution to be sure you don’t make any legal missteps that could sink your startup, including: Lease agreements. Leasing […]

It’s highly likely that if you are an entrepreneur, you may have a little “issue” when it comes to controlling everything about your company — in other words, you find it hard to trust others when it comes to your “baby.” But unless you are an experienced business attorney, you probably don’t have the knowledge […]

Operating your business as a limited liability company (LLC) is attractive to many business owners because an LLC provides personal liability protection, meaning that your personal assets are not subject to attachment for a business judgment. Like many states, New Jersey has default provisions that govern how an LLC will operate in lieu of an […]

If you’re an entrepreneur starting a new business venture, you may feel overwhelmed by the number of decisions you need to make. On the legal front, there are many decisions you will make during the start-up phase that can have long-lasting consequences. If you don’t have experience or expertise in these areas, the decisions you make […]

Johnson Legal PC has represented not just lenders but also borrowers and homeowners in defending mortgage foreclosure matters. Our extensive experience in handling such legal matters over the years allows the firm to zealously safeguard all available rights on behalf of our clients. In protecting homeowner’s rights in foreclosure, typical defenses include: was the homeowner […]