Business lawyer. Okay, an actual hug may cross the lines of professionalism. But here’s five solid reasons why your business attorney and his legal advice make you a better owner, with confidence that your business is running legally and efficiently. Let Your Business Lawyer Help […]
The corporate conglomerate. This post discusses ways to organize a business structure when one business “owns” (informally speaking) several disparate businesses. I have a client that owns a transportation company, landscaping company, barricade rental, and some other seemingly unrelated companies. Each has their own insurable […]
Memorandum of lease. What is it, why does your North Carolina business care, and what should you do about it. That’s what we’re talking about today. What Is a Memorandum of Lease? In North Carolina, a lease holder may record the fact that it has […]
“Goodwill” is defined generally as that value of your business that is over the simple measure of the value of the assets of the business. We’ll get deeper into how to define goodwill in a second. When Is Goodwill Valued? In talking about goodwill, it’s […]
A “master service agreement”, what is it? If your business has repeat customers where the contract terms stay the same, but the payment and scope of work differs with each project, then consider using a master service agreement with that client. What Is In the […]
Corporate Decision Making: Who Controls a Business? There are competing interests in mid-sized and larger corporate ownership. Hopefully all parties work toward making the business successful and putting out a quality product. However, these parties often disagree about how to make that happen. This post […]
Commercial Lease: Why There Is No Such Thing As A “Form” Lease. I get this a lot from my business clients that are looking for commercial space to lease, and present me with a commercial lease to review and advise on. “It’s just a form, […]
Next article in my “business startup series” of articles. Today I’m discussing what owner agreements should be in place for a business with multiple owners. Owner agreements should define who makes what decisions about how the business is run and the money spent, how profits […]
Second article in the “new business startup cycle” in no particular order: registering your business with your state’s Secretary of State. Even though forming a business is a multi-step process, not an event, there is no more exciting moment for new entrepreneurs than getting their […]
Today’s blog post is on registering a business as a “dba” or “doing business as”. We also call a dba an “alias”; an “assumed business name” or “assumed name”, or “fictitious name”. All mean the same thing; however in North Carolina the statutory term is […]