Nuts and Bolts of New Jersey Small Business

Date: Dec 8, 2022 9:00 a.m. – 12:00 p.m.

Location: Online

Event Code: I000422

Areas of Law: Business

Earn up to 8.5 credits, including 4.5 in Ethics! (More Information)

Faculty

Keynote

Moderator

Presenters

Every attorney should know how to set up a small business. You might be called upon by a client to do so or you might want to start your own firm. Don't miss this unique opportunity to learn directly from some of New Jersey's most respected business law practitioners, as they share their expertise and strategies for organizing businesses. You will learn how to select the most suitable entity, as well as the pros, cons, and tax implications of each, and how to advise clients about operating and recording keeping procedures.

As an attendee, you’ll walk away with the confidence to establish up and advise a small business. Make your plans to attend today!


TOPICS INCLUDE:
  • Choice of entity
    • Sole proprietorships
    • General and limited partnerships
    • Limited liability companies
    • Corporations
  • Formation issues
    • Founders and formation
    • Treatment of service providers
    • Transfers of equity
    • Contemplating future dissolutions and liquidations
    • Conversions
  • Operating/shareholder/partnership agreements
    • How internal management procedures should be memorialized
    • Statutory provisions effecting such agreements
    • Important powers and duties of members/shareholders/partners
    • Complete records, returns and reports safeguarding the business
    • Challenges associated with representing “partners vs. the entity”
    • Attorneys serving on boards or taking ownership in lieu (or as part) of fees
    • Highlights of a comprehensive operating/shareholder/partnership document
    • Creating workable provisions for the issuance and transfers of ownership interests

TOPICS INCLUDE:

  • Choice of entity
    • Sole proprietorships
    • General and limited partnerships
    • Limited liability companies
    • Corporations
  • Formation issues
    • Founders and formation
    • Treatment of service providers
    • Transfers of equity
    • Contemplating future dissolutions and liquidations
    • Conversions
  • Operating/shareholder/partnership agreements
    • How internal management procedures should be memorialized
    • Statutory provisions effecting such agreements
    • Important powers and duties of members/shareholders/partners
    • Complete records, returns and reports safeguarding the business
    • Challenges associated with representing “partners vs. the entity”
    • Attorneys serving on boards or taking ownership in lieu (or as part) of fees
    • Highlights of a comprehensive operating/shareholder/partnership document
    • Creating workable provisions for the issuance and transfers of ownership interests

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 8.5 hours of total CLE credit, including 4.5 in Ethics (Full Credits Available: NJ Ethics: 4.5, NJ General: 4.0).
NY CLE (t&nt):NY Ethics Transitional: 4.5, NY Professional Practice Transitional: 4.0
PA CLE:PA Substantive Credit: 3.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.

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Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/