Category: Blog Post

You were informed that the smart way to build a secondary income is to invest in rental property. Now, you have made the decision to start investing in rental property, but you are confused about where to start. Smart rental investors seek advice from a business attorney prior to investing in rental...

You want to start a business with a few friends. When starting a new business, the type of business entity you decide to establish will have an impact on the extent of personal liability, how the business is taxed, its management, the level of formality required, and many other factors. There are...

On August 18, 2020, North Carolina Governor Roy Cooper signed Executive Order 158 to implement "fair-chance" or “Ban the Box” policies at state agencies “to increase employment opportunities for people with criminal records.” North Carolina joins thirty-five states, the District of Columbia,...

All successful businesses do their best to save money, improve efficiency, and increase profits whenever and wherever possible.  This is especially necessary for small businesses on a tight budget.  While there are numerous ways to save money, these seven cost-saving measures are among the easiest to implement:

You are a new business owner and have decided to organize your business as a limited liability company (LLC). You are its sole owner and work for the company. How do you pay yourself? Are there guidelines regarding how often and how much you are entitled to? How do self-employment taxes come...

Conversations about data privacy policies and website terms of use have become more common in recent months. Large companies like Facebook,[1] Expedia,[2] and Dick's Sporting Goods[3] have been involved in litigation involving agreements that address these very issues. The questions on most...

Creatives, entrepreneurs and business owners often find it necessary or desirable to keep valuable and sensitive information private. In some instances, a business may have developed certain key elements that help distinguish it from its competitors. In other instances, a business owner may handle sensitive information that a client would not want...

Many businesses prefer to hire independent contractors because there is often less overhead and fewer expenses (i.e. taxes). However, classify an employee as an independent contractor and you could possibly be in big trouble. Here are some factors to consider to differentiate between independent contractor and employee. Who...

Cybersecurity is a growing concern for businesses, and small businesses are not immune from the threats posed by cybercriminals. Don't be complacent because your business is small: Almost half of all cyberattacks in the U.S. are directed at small businesses. In recognition of this serious problem, in August 2018, the 

You want to start a business to build assets and wealth. However, going into business for yourself is a risky endeavor. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step is fraught with risks. This is especially true given...