If you've ever created or thought about creating a business in North Carolina, then you know that among the first things you need to do is choose a tax bracket for your company. One of the most popular, especially for small business owners, is the LLC, or limited...
The disadvantages of forming a corporation
One of the first decisions an entrepreneur must make is whether or not to incorporate. While incorporation can make sense for some businesses, especially large and well-established businesses, it is not the right solution for every company. As with any business legal...
Reverse mergers and shell companies
When private companies in North Carolina and around the country want to go public, they can either make an initial public offering or enter into a reverse merger. IPOs are the preferred way to go public because they raise capital that can then be used to invest in and...
What to know about starting an LLC
North Carolina law generally permits you to structure your business as a limited liability company (LLC). There are many benefits to creating an LLC, such as shielding some or all of your assets from being seized if a customer or employee files a lawsuit. The process...
What is a reverse merger and what makes it risky?
Most mergers in North Carolina involve a public company taking over a small private company. However, in some cases, a small private company can overtake a public company in a "reverse merger." A reverse merger can make it easier for a private company to go public,...
The importance of due diligence
Due diligence in the business world is the process of investigating and verifying the relevant facts to an investment opportunity or business deal. Due diligence is performed before a business deal becomes final and is available to help purchasers in North Carolina...
Business law for LLCs in North Carolina
When forming a business or becoming part of a business in North Carolina, the future business owner has several things to be aware of, especially for limited liability corporations (LLCs). An LLC is one of five recognized types of business; the other four are sole...
The advantages of an LLC structure for small businesses
Success in business isn't just about day-to-day operations, although, of course, that's particularly important. Business wins are also about decisions that are drier and less interesting. One of these is the kind of structure a business should adopt. North Carolina...
Always ask a franchisor this question before signing a contract
For some, franchise ownership presents just the right amount of freedom and security as to be an ideal middle ground between corporate America and entrepreneurship. While admittedly weighted heavily to the side of entrepreneurship, franchise ownership has the...