Negotiating a commercial lease is key in setting up your business for long-term success. The terms you agree to will influence your costs, flexibility, and potential for growth. Whether you're dealing with rent adjustments, renewal clauses, or property maintenance, it's important to approach each aspect thoughtfully. A well-negotiated lease ensures you're...
The Corporate Transparency Act: What North Carolina Businesses Need to Know
The Corporate Transparency Act is a federal law that was enacted in 2021. It is aimed at combating illicit activity like tax fraud and money laundering. This legislation places new obligations on businesses that meet certain criteria.
If your business meets any of these criteria, you should consult with...
How to Extend a Restraining Order in North Carolina
North Carolina provides two different civil types of no-contact or restraining orders to individuals who need protection from an aggressor. The difference in these legal actions depends mostly on the victim’s relationship with the abuser. In most cases, references to a “restraining order” actually mean a domestic violence protective order (DVPO).
The Importance of Damage Clauses in Contracts
A contract is a legal agreement between two or more parties that states the obligations and responsibilities each person agrees to uphold. Including damage clauses in contracts is one way to protect yourself if the other party doesn’t meet their obligations.
Many kinds of contracts include a...
Defining Physical Custody and Legal Custody In North Carolina
Getting divorced involves a lot of decisions, especially when you are a parent. One of the most important decisions is who will have physical custody and legal custody of your children after the divorce.
If you are like many potential clients, you probably don’t know the difference between...
Tips on Maximizing Profits in Commercial Real Estate Transactions
Investing in commercial real estate can potentially be very profitable. But commercial real estate transactions are a risky endeavor, especially if you aren’t properly prepared.
If you wish to maximize the profits from your commercial real estate transactions, you should consult with an experienced commercial real estate attorney...
Benefits of Developing Effective Corporate Governance Strategies
Corporate structures provide many benefits, from liability and asset protection to tax benefits. However, developing effective corporate governance strategies is crucial to ensure your company operates at maximum efficiency and profitability. Our North Carolina business attorneys discuss the importance of corporate governance strategies in this blog, including...
Essential Clauses to Be Aware of When Drafting Commercial Contracts
Well-drafted commercial contracts are an essential element of operating a successful business in North Carolina. Business owners entering into contracts without legal advice may find their rights restricted. Worse yet, the contracts may contain costly mistakes that result in time-consuming, expensive business litigation.
In this blog,
The Complex Legal Process of Selling a Medical Practice
Selling a medical practice is often more complex and time-consuming than selling other types of businesses. Navigating the legal and business intricacies of such transactions requires careful planning and expert guidance. This is where a North Carolina business attorney can play a critical role, providing valuable insights and ensuring a smooth...
Tax Implications When Forming a Business
If you are looking to start your own business, it’s important to consider your tax obligations. With nearly a dozen different entity options to choose from in North Carolina, you will have to factor in taxes when determining how much startup money you will need. From a numbers standpoint, tax implications...
