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Law Offices of Patel and Associates, possesses a comprehensive understanding of the needs of corporate and individual clients in the area of business development law. She serves clients in the New York City area and throughout New York and New Jersey in the following practice areas:

• Business Development
  - Entity formation
  - Corporate governance
  - Capital formation and investor relationships
  - Shareholder/partnership agreements
  - Joint ventures
  - Finder agreements
  - Employee relations, including hiring and firing
  - Incentive Compensation Plans
  - Purchase and sale of business
• Not-for-profit Organizations

Business development law involves providing advice, consultation and documentation to business principals to help them achieve their goals as cost effectively as possible. Ms. Tanuja Patel, Esq. has worked closely with her clients for many years on a wide variety of assignments for businesses of all sizes and across a wide array of industries.
 
During Ms. Tanuja Patel, Esq. career, she has had the special privilege of assisting businesses with everything from commencement of operations to successful multimillion dollar sales, in sizes ranging from start-ups to multinational companies, and in industries from manufacturing to high-tech to service. As a result of her wide-ranging experiences, Ms. Tanuja Patel, Esq. has developed a comprehensive understanding of the needs of corporate and individual clients in business development law. Clients continue to come back to him because they trust her firm to safeguard their legal interests and to provide wise advice at a fair price.

Ms. Tanuja Patel, Esq. has considerable experience assisting start-ups and relatively new businesses. She works with these clients to build their business team on an as-needed basis, identify their long-term business goals and develop strategies to achieve these goals. These clients are provided guidance on when to call upon her services and an inventory of the legal issues that should be considered by businesses at various times of their development.
Ms. Tanuja Patel, Esq. spends a significant chunk of her time helping clients balance the need for legal representation with the need to keep legal costs under control, all while achieving the best results. She meets this challenge by:

• Approaching each legal problem by identifying and resolving the most critical issues before spending legal time on more subordinate issues
• Concentrating on understanding the client and its business so that her legal advice is presented in the context of the client's business needs
• Maximizing the efficient use of her time and the time of her clients by avoiding meetings when phone or e-mail communication is sufficient

If a client needs legal work that is outside the expertise of Ms. Tanuja Patel, Esq. or outside her jurisdiction, she has a wide network of attorneys in other jurisdictions and in specialized legal areas that are available to service her clients. Ms. Tanuja Patel, Esq. takes great pride in her availability and responsiveness to her clients' needs. Her policy, whenever she is not immediately available, is to respond to client calls within four hours.

Practice Areas and Legal Definitions

Business Development:
Business development law is a broad category that encompasses the rules and requirements for all phases of a business's life--from its creation, then all of the activities during its life and, finally, its termination. The creation of a business includes the decision whether to form the business as a sole proprietorship, a partnership, a limited liability company, a corporation or some other type of entity, or whether to set up as a nonprofit. Ms. Tanuja Patel, Esq. specializes in helping businesses make the corporate formation decision.

The activities during a business's life include managing the various relationships that a company might have with its employees, customers, vendors, stockholders, bankers, the government and the public. Businesses also, of course, raise capital; keep records; file business and tax forms; hire employees; market and advertise their goods or services; merge with, acquire and/or sell other businesses; and a host of related activities.

Joint Ventures:
A joint venture is a short-term partnership in which the persons jointly undertake a transaction for mutual profit. Generally each person contributes assets and shares risk. Like a partnership, joint ventures can involve any type of business transaction and the "persons" involved can be individuals, groups of individuals, companies or corporations.

Finder Agreements:
A finder is someone who finds, introduces or otherwise brings together parties for a business transaction that the parties themselves negotiate and consummate. A finder's agreement is a written document that sets forth the compensation and other terms that will apply if a finder is able to bring the two parties together.

Incentive Compensation Plans:
An employee incentive compensation plan rewards non-management employees whose improved performance leads to company growth and success. Many organizations find that employee incentive compensation not only helps achieve business objectives, but better controls fixed costs such as base salary compensation.

Not-for-profit Organizations:
A not-for-profit organization is a business entity created by governmental authority for some specific educational, charitable or related purpose. Not-for-profit organizations are prohibited from distributing profits to members, officers or directors of the organization. A not-for-profit organization is generally subject to the laws that apply to for-profit corporations, although it may in certain circumstances be exempt from certain laws, such as tax laws. Ms. Patel has extensive experience helping not-for-profit organizations.