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When buying a business in New York, we recommend a more nuanced approach that contemplates matters beyond mere cost-benefit analysis.  Small businesses are the engine of the American economy.  According to a 2012 Small Business Administration report, small businesses “produced 46 percent of the private non-farm GDP in 2008 (the most recent year for which the source is available), compared with 48 percent in 2002.”  New York is one of the best places to establish a business in many industries, because of its educated labor force, high net worth, and business infrastructure.


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If you are looking to take your New York private business public, consider the benefits and drawbacks of a New York reverse merger.  Often executives and owners of successful New York businesses may wish to capitalize on that success by making shares of the business’s stock available to the public.


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