Month: April 2019

What Is Small Business Succession Planning?

In short, succession planning is your corporate exit plan. Your exit plan answers the critical question: What do you plan to do with your business when you are no longer involved in it? It may seem counterintuitive to devise an exit plan right away when you launch your business – and...
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Which Business Entity Is Right For You?

The legal structure you select for your business is critical. It will impact your tax responsibilities, your ability to raise outside funding, and your liability exposure. In this article, we will briefly review five primary legal entity types. The Sole Proprietorship As a sole proprietor, you and your business are considered...
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Five Questions to Ask Your Attorney When Starting a Business in North Carolina

Starting your own business is an exciting experience for every new entrepreneur. Amid the excitement, however, there is often much uncertainty. If you are starting a business, it is important to go through full life cycle planning with an experienced business attorney. A business lawyer can explain how to start a...
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