Raleigh Lawyers Providing Business & Corporate Planning Services to Clients in North Carolina
At NC Planning, we believe that sound legal advice and professional legal services – delivered consistently over time – are critical to the success of a business. The business attorneys at NC Planning can provide the legal services and insights that a business owner may need to prepare for the future.
We build lasting relationships with our corporate business clients to meet their legal needs and to provide proactive corporate counsel services not once, but consistently over time.
Every company needs a proper structure, and every business owner needs reliable advice about contracts and leases, tax planning, and major business transactions. Good business planning can protect your business and provide some needed stability through uncertain economic times.
What Are the Benefits of Creating A Business Plan?
A business plan should establish your business goals for at least the next three to five years and show how those goals will be achieved. Especially in the early days of a business, the right business plan will prevent you from making the mistakes that sink so many new businesses.
When you become our client at NC Planning, our legal team will help you develop a business plan that’s compliant, practical, and helps you avoid potential legal liability. Constructing a solid business plan early on is the way to build your company on a firm foundation.
Your business plan will describe your business and why it stands out from the competition. It details your products and/or services and your target demographic(s). Business plans should also consider growth and profit expectations, funding details, and marketing.
A business plan must also address potential risks that may trigger lawsuits. The business planning professionals at NC Planning can make sure that your business plan overlooks nothing, addresses investor concerns, and offers realistic strategies for growth over time.
What Does a Business Plan Include?
Even if you’re not seeking outside investment capital, your business plan functions as a practical tool for operating the business and achieving your business goals. A business plan usually includes:
- A description of your products and/or services
- A description of your structure and management
- Your sales and marketing plan
- A summary of your company’s goals and how you intend to achieve them
- An assessment of your industry, market, prospective customers, and competitors
- An explanation for potential investors about why your business is unique
- Your company’s current and projected expenses, income, and credit history
- Your current and anticipated financial needs
Lease agreements, permits, letters of reference, patents, licenses, and other documents should also be included in a business plan.
What Long-Term Business Planning Services Do We Offer?
As you business grows, so does its planning needs. We help clients with long-term planning needs that may involve:
- Advice regarding contracts: NC Planning will negotiate, draft, review, and modify contracts to clarify expectations, set terms, and reduce risk. We review your contracts and documents – or create new ones – to ensure that they’re compliant and right for you.
- Licenses and trademarks: We protect your company, its name, its brand, and its logo. We register patents and trademarks. We obtain the maximum legal protection for your business available under federal and state laws.
- Merger and acquisition planning: If you are consolidating, purchasing, or selling a business, the business, real estate, and tax lawyers at NC Planning will make sure that your interests are protected.
- Succession planning: Selling your business or eventually passing it to one or more heirs? We handle the paperwork and minimize the tax impact of a sale or succession.
- Tax planning strategies: We use a variety of estate planning, tax planning, and business planning tools to help business owners effectively reduce their tax burdens.
Probably too many business owners pay too little attention to creating a business plan. But – as mentioned above – even if you have no need for investment funds, preparing a business plan is essential.
Seek Legal Representation From Our Business Planning Attorneys
A proper business plan indicates whether you need to reevaluate your assumptions about your business and its future. That is, your plan should tell you whether or not you’re doing the right thing.
Helping business owners develop the plans they need is our priority. To find out more about our business planning services or to meet with our corporate business lawyers, call (919) 568-3681 or reach us using the contact form here on our website.
Our offices are located in Raleigh at 4801 Glenwood Avenue, Suite 200. NC Planning also has offices in Cary at 5640 Dillard Drive, Suite 101. Helping business owners is our business.