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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
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Palermo Business Law Firm
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Tag: Franchise

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

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

Commercial Lease basic elements – there is no “standard” lease

In 25 years working with businesses of all sorts, I’ve never seen a “form” or “standard” or “basic” commercial lease. Don’t let anyone tell you otherwise, especially the landlord trying to convince you to sign a lease without reading it or negotiating key terms. Every […]

July 26, 2018June 20, 2023

Board of Directors for Your Corporation: Statutory Authority

Your corporation is required by statute to have a board of directors. But why, and what do they do? Find out in this quick video.

July 6, 2018June 20, 2023

Friends and Family Loans: Get It In Writing

Friends and family loans can be great resources to help your business start and grow. But there are the obvious pitfalls of dealing with family when it comes to money and your business. The main thing I advise my clients on when taking money for […]

June 28, 2018June 20, 2023

CROWDFUNDING IN THE CAROLINAS: LET’S RAISE SOME CAPITAL!

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 […]

August 27, 2016June 20, 2023

TERMS OF SERVICE: THEY’RE NOT IMPORTANT, RIGHT?

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 […]

July 24, 2016June 21, 2023

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