Embrace Your Business Lawyer and the Legal Structure He Provides A well run business will embrace an organized legal structure, not ignore it, because it gives a foundation and structure for the legal operation of the business, can get all owners and managers on the […]
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 […]
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 […]
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 […]
Construction contracts. This is a short, non-exhaustive list of what should be in most construction contracts. This article is for the aspiring or beginning construction contractor, and the smaller contractor looking to become a larger business and more professional. In future articles I’ll flesh out […]
Asset protection strategies for your business may included setting up a separate company to hold and lease out the equipment.
I’ll start this article by saying that I’m generally against seller financing of the sale of a small business. Too much can go wrong, as I’ll set out below. Let’s define what I mean by “seller financing of the sale of a small business.” A […]
At-Will and For Cause are two conflicting employment terms that should not appear in the same C-level or key employee contract.
Preserve your employer defenses to employment claims by documenting the reasons for the discharge and following procedures.