Corporations: What Are Bylaws and Why Does Your Business Need Them? Bylaws are the structure of how your business operates. Who gets to make what decisions, who doesn’t get to make decisions, how to resolve disputes among owners, how to bring in new owners and […]
Ready to start and grow your business on the right track? Start your business out right by creating a clear framework for operating the business, growing it, working with investors, and selling it. In this business seminar we’ll discuss considerations for the new entrepreneur such as: who makes […]
“Nonprofit” and 501(c)(3) seem to go hand in hand. But something interesting popped up on my radar the other day, it turns out that not every “not for profit” needs to qualify for tax exempt status under the Internal Revenue Code section 501(c)(3) in order […]
Wage Regulations in North Carolina. North Carolina is a bit of a gem in its business regulations in that it leaves the pay relationship between the employer and employee for the most part. The NC Legislature has enacted some common sense regulations, however, to keep the employer […]
Shareholder removal. This seems to be coming up a lot lately: small businesses trying to get rid of “partners” or specifically, shareholders. This article will discuss some ways that a small North Carolina business can move out unproductive or unwanted shareholders. It’s not always easy […]
North Carolina just passed its crowdfunding statute, and is currently drafting regulations to implement it. The “Providing Access to Capital for Entrepreneurs and Small Business” Act – PACES – is a N.C. law that allows N.C. businesses to raise capital from N.C. investors. If you […]
Terms of service for your commercial web site – they’re not important, right? Just go ahead and copy someone else’s, change the name at the top, and your business will be fine. Don’t even read them. Bury them in a link at the bottom of […]