A business entity is a legal structure formed under state law to offer a product or service. The type of business structure you use dictates how taxes are paid and the relationship between the owners of the business. When beginning a new business in North Carolina, choosing a legal structure is one of the first
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When starting your new business, the most important initial decision you can make is to hire an experienced lawyer who will give you the guidance needed to keep your business out of legal hot water. The structure of your company has an impact on your tax exposure, business succession plan, and legal liability exposure. Choosing
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Halloween, Thanksgiving, and other fall seasonal events are around the corner—but before you celebrate with family and friends, sit down right now and plan to ensure your business is safe before the holidays arrive. Business owners should take the time at least once per year to look over their core policies and documents to make
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No business owner plans to be on the receiving end of a lawsuit and scrambling to protect your business after a lawsuit is filed is often too late. Here are three tips to protect your business from legal trouble. First, whether you run a fruit stand on the weekends on a large manufacturing company, make
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