
5 Asset Protection Strategies for Entrepreneurs
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...
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COVID-19, Small Business and Recordkeeping
As state leaders attempt to develop guidelines for reopening safely, you may have questions about the requirements for maintaining a safe environment for your business. As of 5:00 p.m. on August 7, 2020, North Carolina will extend Phase 2 of reopening the state, see here. You also may be...
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Are There Risks with Choosing Online Templates for Contracts?
The short answer is there rarely is a time when an online template is the best option to use for contracts. Contracts are an essential component of effective business management and development. Contracts hold parties accountable, encourage collaboration between parties and can enhance or diminish the brand. Savvy business owners recognize the...
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Why do I Need an Operating Agreement for a Single-Member LLC?
When forming an LLC, you should also include an operating agreement. An operating agreement is a contract that controls your LLC's operations as well as member interaction with each other and with the LLC. Operating agreements apply to all LLCs - whether single-member or multi-member LLCs. Some may think that an operating agreement...
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Form an LLC in Six Steps
One of the most important decisions to make when starting a business is what type of business entity to form. The limited liability company (LLC) is one of the most popular business structures because it offers a level of flexibility and legal protection that is attractive to many people who are starting...
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Copyright Infringement? How do I Protect My Online, Original, Written Content?
Today, many creatives, entrepreneurs and small businesses have their own websites. It is almost a necessity to be competitive post-COVID-19. If you have included original, written content such as blog posts, articles or Frequently Asked Questions (FAQs) on your website as part of your efforts to draw people to your site and...
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Legal Issues to Consider Before Selling Your Products Online
If you are considering expanding your physical business or starting a home-based business, selling your products online is a great way to reach additional customers. Before you begin to sell products online, there are several legal issues you should be aware of to ensure that your business is compliant with the law...
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We’re Starting a New Business – Should We Use an LLC (Taxed as a Partnership) or an S Corporation?
You and some associates thought of a great business idea. Now what? Many decisions must be made to make those business dreams materialize into reality. Hanging a shingle starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple...
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