New York business owners may be interested in the regulatory issues that two corporations are dealing with in their attempt to merge. The leader of one of the companies remains positive, however, that the government agency charged with approving the merger will do so by the end of 2014.
When starting a business in New York, it is a good time to make sure that the company's intellectual property is protected. The best way to do that is to make sure that any slogans, logos or other marks related to the brand are trademarked. This makes it impossible for other companies to use that company's name, its slogan or its logo without express written permission.
New York residents may be interested in a new study looking at the overall 'business climate" of 38 different states. Although it is easy to rank which states have the lowest or the highest taxes, it takes first-hand experience to decide which states make a small business owner's life easier. New data compiled by Thumbtack and the Kauffman Foundation has found that a state's low tax rate may not be the most important thing new entrepreneurs are looking for.
Manhattan sports fans watched the World Cup in record numbers, resulting in a significant increase in pay-TV purchases. This was good news for major companies in the process of evaluating potential mergers.
Business owners in New York are likely already aware that they operate under burdensome taxes. A major accounting firm recently rated New York City as last out of 31 cities in the country at providing favorable tax climates for businesses. According a 2014 competitive tax analysis conducted by Forbes magazine, New York was found to have the highest tax cost in the country and the second highest total business costs behind San Francisco.