Services Offered by Greensboro, NC Business and Corporate Attorneys at NC Planning
Of course, the services your business requires will depend on what type of business you have, along with several other factors. You may need one or more of the following services that NC Planning provides.
- Starting a company can be challenging. If you need assistance with business entity formation, NC Planning has the advice and solutions that will allow your new business to grow and develop.
- Acquiring or selling an existing business or professional practice has many legal issues to consider. You will be required to negotiate terms of the purchase or sale which may include drafting transactional documents as well as execution of a letter of intent. We will ensure you have performed your due diligence so there are no surprises. Since our firm regularly represents professional practices, we are experienced and well-suited to help you succeed in all your professional practice needs.
- Negotiating and drafting contracts—the backbone of many businesses—is critical to your success. Having trustworthy legal advice on your side when you are considering critical contracts is essential—and an area where corners should never be cut. Should you find your business in a contract dispute, we can help you navigate a reasonable solution for all those involved.
- Managing taxes is a task few business owners look forward to, however, taxes are a key element of any business. NC Planning attorneys can make the taxation process as efficient and simple as possible, guiding you in making the best tax decisions for your business.
- Federal, state, and local corporate compliance is another crucial business area where NC Planning shines. We will help you maintain your company’s legitimacy as well as its limited liability shield by advising you on each step necessary to ensure your company stays on the right side of the law.
- Employment issues can be the bane of many business owners’ existence. Having an experienced legal business professional can ensure you do not inadvertently make mistakes that could end up in employment disputes. NC Planning will not only assist you with best hiring practices, NDA forms, and employee handbook contents, but we can also help you resolve issues with current employees.
- Ownership disagreements and shareholder disputes can happen, but when they do, the experienced legal team at NC Planning can help you find a solid pathway to resolution—often before the matter reaches the litigation stage, and at a fraction of the cost.
- Succession planning, exit strategies, and business sales are extremely complex subjects that many business owners will face. The planning side of business and corporate shines when considering these issues. At NC Planning, we can help you adequately understand the value of your company as well as your options when planning for a successful exit or transition. Understanding how your business can successfully transition from one owner to the next can give you invaluable peace of mind along with economic benefits.
- Dissolution of your business requires that every single detail is properly handled. Business dissolution can be a long, complex process, but the NC Planning attorneys can make the process simpler and much less stressful.
- Ongoing legal services are a fact of life for every business. The Complete Corporate Counsel platform offered by NC Planning can serve your business on a fractional basis—and at a fraction of the cost.
Greensboro Business Law Case Illustration
Ginger and her husband Bill are starting their own business—Ginger is a marriage and family therapist, while Bill is a licensed psychologist. Ginger and Bill have many questions regarding how they should structure their business, what type of insurance they need to protect themselves and their business, how different structures will affect their taxes, and what guidelines they need to follow when hiring employees. As their business grows and prospers, Bill and Ginger will have many more questions along the way and may even have to deal with a lawsuit.
They will need ironclad contracts, and employee rules and regulations to keep their business legally safeguarded. After speaking with the Greensboro, NC, business and corporate attorneys at NC Planning, Ginger and Bill feel as though they have found a firm that understands their goals and will help them with every aspect of their business. With a unique value proposition and exemplary business planning experience and knowledge, NC Planning is the right firm for Ginger and Bill at the right time.
Type of Businesses Served by Greensboro, NC Business and Corporate Attorneys
While corporate attorneys generally handle rules, regulations, and laws concerning the formation and operation of a North Carolina corporation, business lawyers manage the interactions between a business and people, including customers, clients, vendors, and employees. In particular, opening a professional practice requires a different set of strategies regarding the structuring of the business and the expansion of operations. Under Chapter 55B of the Professional Corporation Act, North Carolina considers the following as professional, state-licensed services in the state.
- Accountants
- Architects
- Attorneys
- Audiologists
- Certified and clinical social workers
- Chiropractors
- Dentists
- Engineers and land surveyors
- Foresters and soil scientists
- Language pathologists
- Marriage and family therapists, professional counselors, and psychologists
- Medical doctors
- Occupational therapists
- Optometrists
- Osteopaths
- Podiatrists
- Registered nurses
- Veterinarians
Those who are licensed by the state of North Carolina in one of the above professions will establish a “professional” practice. In addition to professional practices, there are virtually endless types of businesses that can be started—and that can benefit from having an NC Planning attorney by your side. Whether you are in retail, food service, other types of service industries, or any number of other types of businesses, NC Planning can help you determine how your business should be structured, i.e.:
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- Sole Proprietorship—In a Sole Proprietorship, you own an unincorporated business by yourself.
- General Partnership—A General Partnership is a business arrangement that has two or more individuals agree to be personally responsible for potential liability while sharing responsibilities, assets, and profits.
- Limited Partnership (LP)—While similar to a General Partnership, a Limited Partnership must have at least one general partner and one limited partner.
- Corporation—A Corporation is a group of people or a company authorized to act as a single entity by the state, and established by charter or registration.
- Limited Liability Company (LLC)—A Limited Liability Company is a type of business structure that is meant to protect the owners of the company from personal responsibility for the company’s liabilities or debts.
- Nonprofit—Any legal entity incorporated for purposes other than making profits for the owners or shareholders is considered a nonprofit organization.
- Co-op—A Co-op or Cooperative is a business or organization that is owned and operated for the benefit of those who use the services. The profits generated by the co-op are distributed to the members.
How to Choose the Best Greensboro, NC Business and Corporate Attorney
According to Simply Business, more than 50 percent of all civil lawsuits filed annually in the U.S. target small businesses. A full 90 percent of these businesses are often willing to settle—even when they’ve done nothing wrong—simply to avoid high court costs. A lawsuit can potentially sink your business, so having a knowledgeable, experienced Greensboro, NC business and corporate attorney is crucial. No matter how carefully you conduct your business, one simple misstep—including hiring the wrong individual, or failing to have the proper business and corporation paperwork in place—can sink your business.
When you have an experienced Greensboro, NC business and corporate attorney from NC Planning by your side, it’s like having a trusted, knowledgeable partner in business who can help you deal with the challenges and complexities. While business and corporate attorneys have a wide array of responsibilities, contract review and handling employment issues can be at the top of the list for many businesses. While many people rely on referrals from those they trust when choosing a business and corporate attorney, others may look online until they find a nearby attorney who they feel would meet their business needs.
After meeting with those on your list, ask yourself which firms seemed experienced and knowledgeable, yet friendly and approachable. Which attorneys did you feel comfortable with, and how well were your questions answered? A consultation is a good way to determine whether a business and corporate lawyer seems like a good fit for you and your particular situation. Communication is a vital component in how well you will “mesh” with your chosen business and corporate attorney. Ask about the firm’s communication preferences (phone, in-person meetings, texts, emails, etc.). You must be able to communicate with your attorney whenever a situation arises with your business.
How NC Planning Will Help You Plan for the Road Ahead
With offices in Cary, Wilmington, and Raleigh, NC Planning is ready to meet all the business and corporate needs of our Greensboro neighbors. We are trusted advisors, offering strategic advice for your Greensboro business. In addition to having extensive knowledge related to North Carolina business and corporate affairs, we excel in client care. Our highly personalized Client Care is not something we simply talk about, rather it is something we live, breathe, and consistently deliver to every client. At NC Planning, we believe in open communication and accountability. We are always highly responsive and compassionate to the needs of our clients while offering exemplary services, thanks to our broad levels of experience and skill. If you are in the market for Greensboro, NC business and corporate attorneys, NC Planning invites you to contact us today.
