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  • SERVICES
    • BUSINESS LAW
    • BUSINESS LITIGATION
    • EMPLOYMENT LAW
    • BUSINESS SUCCESSION
    • CONSTRUCTION
    • PROFESSIONAL LICENSE
    • STARTUP & TECH
    • NONPROFIT
    • DISSOLUTION and BUSINESS CLOSURE
  • MY STORY
  • RADIO PROGRAM
  • BLOG
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Tag: business succession

The Corporate Conglomerate: When You Own Several Businesses

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 […]

July 27, 2023July 27, 2023

Memorandum of Lease: How To Protect Your Lease Rights in NC

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 […]

July 18, 2023

The Ethics of Commercial Contracts: Bust A Deal, Face The Wheel

Short post today on the ethics of commercial contracts, enforcement, and wisely choosing with whom you do business. Those who have heard me speak at events and the seminars I host on business liability probably heard me say at one point, “Contracts keep honest people honest.”

March 30, 2023June 20, 2023

Investing In Your Own Business: Commercial Loan or Equity

Investing in a business can be either a purchase of ownership, also known as equity; or a loan to the business. Know which one you’re making before you turn over your money, so that you know what risks of loss of capital you’re facing and know what to expect in return.

July 30, 2019June 20, 2023

Security Interest, Corporate Debt, and Collateral

At some point your business may have to incur corporate debt in order to fund operations like payroll or purchase of raw materials; expansion; or a partner buyout. Here I discuss corporate debt, collateral, and security interests.

July 25, 2019June 20, 2023

Business Succession Plan

Business succession planning. You’ve planned to start your business, you’ve planned to grow it to a success. Have you planned on how you’re going to leave it?

June 6, 2019June 20, 2023

Franchise: The Basics of Expanding Your Empire

Franchise: Is this the best option to expand your business? Or are there other ways to grow and become profitable?

May 30, 2019June 20, 2023

Corporation or LLC: Which Form is Best?

Corporation or LLC: it’s a question I get all the time. The answer is not so simple as going down a checklist though. You need to consider many factors. Who will be making decisions. How profits will be split. What your personal tax situation is. […]

November 19, 2018June 20, 2023

How to get profits out of your business

Money! Okay got your attention. The topic is how do you get money – profits – out of your business. It’s not as simple as sticking your hand in the register, or writing yourself a check, especially when there are multiple owners involved. There’s a […]

November 7, 2018June 20, 2023

Business Succession Planning: Why?

Does your business have a plan to continue operating if a key owner unexpectedly leaves? Don’t leave succession to chance. It’s not just for majority owners, but minority owners are served by having a plan in place.

October 16, 2018June 20, 2023

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