Various options exist for people and companies that seek to create a new legal business entity, but it takes an attorney experienced in this field to explain the advantages and drawbacks of each choice properly. North Raleigh Law has supported North Carolina startups for more than 20 years, guiding them through the legal formalities that must be honored when beginning a new venture. I, Bob Morton, work personally with each client to reduce exposure to potential liabilities, save on taxes, and find a comfortable level of compliance with regulations and annual fees.
A key element of business law concerns the creation of a legal entity that effectively places a wall between the owners’ personal and business assets. This protects business owners’ personal property from claims when their businesses become indebted or bankrupt. I look at various factors and help startups form using one of the following entities available under North Carolina law:
Because of these important considerations related to business entity selection, it is crucial for a business owner to have skilled consultancy and guidance from an attorney and certified public accountant. Developing a reliable relationship with a qualified attorney helps you get off to a good start and make appropriate revisions when the law or your goals change.
Opening an internet-based business or one that relies heavily on e-commerce gives talented individuals the chance to reach a worldwide audience. Our area’s universities and research facilities foster an environment where entrepreneurs can make use of technological advantages. However, being able to connect with prospective customers instantly doesn’t negate the need to observe important legal formalities. In addition to helping you establish a legal commercial entity and business accounts, I can provide knowledgeable guidance relating to investments, marketing, governance and regulations, which can be the difference between a successful launch and a failed venture. Even if your tech company is still in the early stages and not generating revenue yet, I can offer sound legal support to help you get started.
North Raleigh Law assists clients in all types of industries with business formation and planning issues. To schedule a consultation at my office in Raleigh, please call 919-436-1105 or contact me online. My firm serves businesses in Wake, Durham, Orange, Chatham, Vance and Franklin counties.