The business structure that may serve your needs most effectively depends largely on the type of North Carolina business you wish to operate. While there are a number of different business structures, one of the most popular is the limited liability company. This is...
Business Law
How will you protect your business if a lawsuit threatens?
If you are a small businessperson, it is not unreasonable to think that you might face a lawsuit at some point in your career. Knowing how best to protect your business is essential, and fortunately, there are several effective steps you can take to do so. Understand...
Choosing to start business as LLC or Corporation
Starting a business in North Carolina can be a very exciting and also nerve-racking time. People need to make many different decisions when they start up to ensure their business will get off the ground and thrive. Many of the decisions relate to the specifics of the...
Protecting proprietary information in North Carolina
Many North Carolina businesses possess information that they regard as both secret and the property of the company. These businesses naturally want to prevent this information from falling into the hands of competitors. North Carolina corporate law provides two basic...
What are some legal remedies if a contract is breached?
Gone are the days when business deals were based on a mere conversation and handshake. Written contracts form the basis of many business dealings in North Carolina. However, what remedies does a business have if a contract is breached? Oftentimes remedies for breach...
How to start an LLC
Many business owners decide to form a limited liability company to protect them against business liability. These companies afford management flexibility, tax advantages and allocation of obligations or debts. There is a general roadmap for forming a LLC that help...
Addressing a wide range of business law needs
Companies of all kind in North Carolina can run into a range of business law issues on a daily basis. From start-ups to more established companies, business law matters can be a significant concern or a major distraction, including issues such as: business formation;...
Why should you consider an LLC for your new business venture?
When launching a new business in North Carolina, one of the biggest decisions you’ll have to make is how to structure your new enterprise. While people in Johnston County and Sampson County may have a basic understanding of what a corporation is and what a partnership...
Business formation types that limit personal liability
For many residents of North Carolina, launching a business is the first step in fulfilling a lifelong dream, but if you choose the wrong business structure when doing so, you can wind up facing unnecessary financial and personal hardship. At Daughtry, Woodard,...
What are your rights when a customer files bankruptcy?
When a customer who owes your business a substantial amount of money files for bankruptcy, you have a tough choice to make. Do you pursue the debt into bankruptcy or do you chalk off the money owed as a loss? Too many business owners chalk the money up as a loss,...