How to Keep Your Family Business in the Family
A family business has unique considerations that do not exist with other businesses. They are special and require special attention at times. For instance, times of succession with a family business are not only critical, but are difficult to do dynamics that are not at play in other kinds of businesses. In fact,...
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What Should Be Included in Your Partnership Agreement?
When starting any business venture, it can be tempting to rush through the beginning planning phases in the excitement of it all. Don’t let this happen. Take the time upfront to set your business up for success. Establishing a solid foundation for your business will help save you time, money, and frustration further...
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How Do You Form a C Corporation?
One of the central decisions when forming a business is what type of business structure you want to operate under. If you have settled on a corporation, then you have to choose what type of corporation you want. You will also need to decide what type of tax treatment you want for the...
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A New Scam To Look Out For
They say a fool and his money are soon parted, but modern-day scammers are getting so sophisticated that many non-foolish folks are being taken in as well. The federal courts and the U.S. Marshals Service are warning people not to fall for a jury duty scam that is particularly popular right now,...
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From Dueling To Mediation And Arbitration
There was a time, not so long ago, when disagreements between gentlemen were more likely to be decided by a duel than a court of law. Although the most famous duel is probably Hamilton’s fatal showdown with Vice President Burr in Weehawken, New Jersey, this alternative means of dispute resolution was particularly...
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A New Funding Option For North Carolina Businesses
If you have been active on social media lately you have probably seen someone raising money for a good cause via an online platform like GoFundMe. These crowdfunding campaigns take the concept of the coffee can on the gas station counter and bring it into the 21st
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What March Madness Can Teach Us About Building A Successful Business
Although one of the attorneys in our office is a Duke alum who never cheers for the Tar Heels, it was still exciting to see North Carolina win the men’s NCAA tournament last month. And it was even more thrilling to see South Carolina win their first ever women’s title. The Carolinas...
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Sound Legal Advice is a Key to Start-Up Success
Earlier this month the popular tech company Snap, owner of the hot app Snapchat, went public. It is just the latest example of a tech start-up that grew phenomenally by bucking the trends and cutting its own path, but that ultimately decided to take a more traditional route to fully capitalize on...
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Suing To Set Up Shop
With all that has been going on in the world over the past month, it was easy to miss the fact that an interesting new lawsuit has been filed against the state of South Carolina. The fact that the state is getting sued is not news. That happens all the time. What is...
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