Tag Archives: business succession

Drafting a Business Succession Strategy can Guide & Preserve Your Family Company for the Next Generation

The family business has always played an essential part in the American economy. The Jayson Law Group is proud to assist start-up companies with formation issues and well-established family businesses in New Jersey  In fact, according to statistics compiled by the Small Business Administration for 2011, 90 percent of all businesses in North America are family-based. Furthermore, family businesses account for 62% of all jobs in the United States. In 2003, the national federation of Independent Business found that there were  1.2 million husband and wife teams running companies in the US.

Continue reading