Starting and running a business comes with various challenges. It is not just about finances and how to maintain your competitive advantage. One significant aspect you should always be prepared for is compliance with government regulations. These rules and...
Businesses thrive in relationships. The people working together behind the products and services we enjoy are essential to the business’s success. However, it is important to know that these people are bound by fiduciary duty for the company’s protection. What is...
Agreements make the business world go round, and for your company, they are essential. Contracts are some of the most common legal documents, especially in business since you need to ensure that your company's needs get met by exchanging goods and services with other...
Starting a business venture with a like-minded partner can be exciting and highly profitable. Even if your business experiences a great deal of success, though, the possibility exists that you will eventually want to go in a new direction. Whether due to internal...
Going into business nowadays usually requires knowledge, determination, skill and capital. If you do not possess all of these individually, you might have little choice but to work with business partners. Picking the right partners is not something you should take...
You must protect employees' and clients' sensitive data as a business owner. The Cybersecurity and Infrastructure Security Agency explains that malicious code includes files or programs that compromise data. To protect your company from potential litigation, you must...
As the owner of a North Carolina business, the chances of your business finding itself involved in a dispute at some point is high. Some business disputes arise over disagreements between partners or disagreements on contract terms. Other times, they arise as a result...
To take your business to the next level, you want to merge with an existing company in North Carolina. Because this represents your first merger, you want to make sure you understand the process fully. Chron explains the procedure for combining two companies. Ensure...
Succeeding in business often requires some financial risk. By forming a limited liability company, you protect your assets from your creditors. That is, if someone wants to sue your LLC for unpaid bills or anything else, only your business venture's assets are likely...
As a business owner, the contracts you make with your suppliers, distributors, employees and customers help keep your company running smoothly and efficiently. Consequently, you need to know the elements that a legally valid contract must have. The Legal Information...
