AboutRonald J. Cappuccio, J.D., LL.M.(Tax) Expertise I have extensive experience in negotiating emerging business contracts and agreements, joint ventures, limited laibility company buy-sell agreements and buying and selling businesses. My approach is from a legal, tax and business prospective gearing my negotiations to practical solutions rather than merely drafting impractical documents
Experience I have have been an attorney since 1976 emphasizing business and tax law issues. I am an adjunct law professor in negotiation and alternative dispute resolution.
Organizations American Bar Associtiation
New Jersey State Bar Association
Camden County Bar Association
Question hi Mr. C i willing be joining forces with my present employer to open a new location. what are the most important questions/things i need to know. thank you
Answer Althea:
First, by "joining forces" I presume you are having some equity interest in the business? Usually, you would want a new Limited Liability Company set up. If you are not going to control the entity, you should have the LLC be "Member Managed" with both you and your employer entitled to be managers. You have all the issues of setting up a new business, plus the control issues and potential licensing fee issues. You need to outline what services are being provided by your employer's company and at what cost. What happens if your employer wants to sell.
Althea, there are so many issues it is next to impossible to outline them all. You need a really go attorney to negotiate for you.
