Every year, 39,000 entrepreneurs open businesses in North Carolina. Business formation requires many considerations, including taxation advantages and limiting personal liability. Our Wake Forest business and corporate attorneys know that running a business requires many legal considerations that are outside the owner’s capability.
You have a lot on your plate already. The ins and outs of business law are better handled by an attorney who can guide you properly.
We help companies with:
- Formation
- Mergers
- Acquisitions
- Exit strategies
- Contract drafting
- Taxation
- Trademarks
- Any business-related matter
At NC Planning, we protect the interests of business owners and companies in North Carolina. We can relieve the stress of business matters, allowing you to do what you do best: grow your business.
Schedule a consultation with us to discuss your business and corporate needs.
Business Matter Illustration
Veronica is a 43-year-old business owner who recently opened her own business off of ALT 1 (right on South Main Street) after years of dreaming of leaving the corporate world. She incorporated online and has been doing well with her initial formation and running the business for a few years.
As her business has grown, she has found that she simply doesn’t have the time to manage its legal aspects.
While preparing one of her own contracts, Veronica forgot to include a termination fee, and the client terminated it in the middle of the contract. Veronica kept this client on for years, and now she is stuck with inventory that she cannot offload.
Cash flow issues arise from this termination, and while her business will remain solvent, she realizes that an attorney reviewing the contract could have warned her of the potential issues she now faces.
Types of Business We Serve
Our skilled Wake Forest corporate attorneys can assist you with your business needs. We know every business is unique and can guide you through legal matters from formation to succession planning.
- Architects
- Attorneys
- Audiologists
- Certified and clinical social workers
- Chiropractors
- Dentists
- Engineers and land surveyors
- Foresters and soil scientists
- Marriage & family therapists
- Medical doctors
- Occupational therapists
- Optometrists
- Osteopaths
- Podiatrists
- Professional counselors
- Psychologists
- Public accountants
- Registered nurses
- Speech and language pathologists
- Veterinarians
We can assist businesses of all types – not just those above – with their legal needs.
Professional practices, like those listed above, are prime examples of where formation can go wrong. You must adhere to North Carolina’s Professional Corporation Act when forming professional businesses, which means that:
- One or more persons who are incorporating must hold a state license
- The North Carolina licensing board has issued a certification to you
- Articles of Organization must be filed
For professional businesses, formation is critical because the wrong formation can lead to liability issues concerning negligence or malpractice. Our services include formation along with a long list of other services, which we’ll list below.
Our Business Law Services
At NC Planning, we offer a wide range of business law services. Our Wake Forest business and corporate attorneys can assist with:
Business Formation: Success is built on a solid foundation, starting with choosing the right entity type for your business. Our skilled attorneys can advise you on which entity type is suitable for your needs and goals and assist you in forming your business entity.
Mergers and Acquisitions: Buying or selling a business is complex. Along with negotiating terms and pricing, there’s due diligence and other factors that have to be considered. The attorneys at NC Planning will guide you every step of the way to ensure a successful closing.
Ongoing General Counsel: Most businesses can benefit from having access to ongoing legal counsel. Over time, and as your business grows, you may face legal challenges or difficult decisions. An attorney can provide perspective and guidance. At NC Planning, our Complete Corporate Counsel platform provides ongoing counsel, access to our team and regularly scheduled meetings.
Professional Practice Planning: Running a professional practice presents unique challenges and needs. At NC Planning, we help dentists, healthcare professionals, veterinarians, law firms, and other professionals navigate the complexities of practice management. From entity formation to operations and buying or selling a practice, our attorneys can help you reach your goals.
Business Succession Planning: You’ve put your blood, sweat and tears into building a business. Succession planning helps you protect your legacy by determining how your business will be treated if you should step down from your role. Whether you prefer to sell the business to a third party, pass the company to an internal success or explore other options, our attorneys can help you navigate the process.
Contract Drafting and Negotiation: When it comes to contract negotiations, every detail matters, and there is no room for error. Whether you’re in the process of drafting an agreement or negotiating with another party, it is crucial to have trustworthy and reliable legal counsel on your side. The attorneys at NC Planning have a wealth of experience in this area and can even assist with contract disputes.
Tax Planning: Proper tax planning and management can help your business reduce its tax burden. Leveraging applicable tax deductions, strategic spending, and investing can minimize taxes. Our experienced attorneys can help you make informed decisions about tax planning strategies.
Shareholder Disputes: When shareholder disputes arise, it is in everyone’s best interest to reach a swift and agreeable solution. Our legal team can step in to guide you through the process of resolving owner and shareholder disputes. Often, we can resolve the issue before it escalates to litigation.
Corporate Compliance: If you want your business to grow and thrive, you must comply with federal, state, and local laws. The attorneys at NC Planning can help ensure your operations and corporate filings are aligned with applicable laws.
How To Choose The Best Wake Forest Corporate Attorney For Your Practice
Your business’s growth and success rely on the decisions you make. Choosing a business attorney to act as an advisor and uphold your best interests is a major decision that is best made based on your:
- Goals
- Needs
- Area of business
If you’re a dental practitioner, an attorney who has experience working with dental practice owners is ideal. You may need help with formation or succession, and the attorney you select should have experience in these areas.
You can read through reviews, schedule a consultation with the attorney, and consider whether they fit your personality. You can also consider the attorney’s approach to handling client business matters.
How NC Planning Will Help You Plan for the Road Ahead
Our Wake Forest business and corporate attorneys are ready to help you with your business’s needs today and in the future. We’ll provide you with the timely legal counsel that you need to move forward confidently with every business decision you make.
Schedule a consultation with us to learn more about how we can help you with your business needs. We serve all Wake Forest residents out of our Raleigh office.
Not located in the Wake Forest area?
We have three other locations in Cary, Greensboro, and Wilmington, NC, to better accommodate your needs.