We protect the interests of your business. At NC Planning, our Murraysville business and corporate attorneys work alongside business owners and their teams to provide the robust legal counsel they need when they need it most.
Running your business is a top priority, not worrying about understanding corporate law.
As your attorney, we can help you from the point of ideation and forming your business to creating an exit strategy or succession planning. Our skillful attorneys are conveniently located in North Carolina and offer reliable counsel when you need it most.
Schedule a consultation to learn how we can help you run a smooth, efficient business.
Business Law Illustration
Jeff is a 49-year-old dentist who has been working for others for years. He is an entrepreneur at heart, and one day, while walking around Olsen Park, he realized he wanted to start his own dental practice.
He forms a professional limited liability company (PLLC) and is doing well. Business is good until one day when his supplier delays shipment and raises their prices. While reviewing his contract, he notices that he has no protections in place and will now be dealing with:
- Unhappy patients
- Lost business
- Higher costs
An attorney can renegotiate the supplier agreement to offer Jeff the protections he deserves while keeping his business running smoothly.
Types of Businesses We Work With at NC Planning
We work with businesses in North Carolina that fall within the Professional Corporation Act. Some of the professional businesses that our Murraysville business and corporate attorneys
work with include:
- Architects
- Attorneys
- Veterinarians
- Medical Doctors
- Dentists
- Optometrists
- Osteopaths
- Chiropractors
- Registered Nurses
- Public Accountants
- Law Firms
- Podiatrists
- Psychologists
- Marriage and Family Therapists
- Occupational Therapists
- Speech-Language Pathologists
- Audiologists
- Mental Health Counselors (Licensed Clinical)
- Engineers and Land Surveyors
- Architects
- Social Workers (Licensed Clinical)
If you run one of these professional businesses, you can form your business as a PLLC, which offers certain protections against debts owed, malpractice liabilities, and other liabilities. Each type of business structure impacts professionals differently. For example, if you incorporate another entity type, there’s a chance that you can be held accountable for:
- Medical malpractice
- Negligence
You must meet certain requirements to form a PLLC, such as holding a valid state license and certification from the State of North Carolina licensing board. Professional corporations must also file their Articles of Organization with the Secretary of State.
We can discuss this with you and help you form a PLLC that maximizes your protections by reducing your liabilities.
Our Murraysville Business Law Services
At NC Planning, our Murraysville business and corporate attorneys can help you navigate most legal processes, including but not limited to:
- Entity Formation: Your business’s formation creates a solid foundation for your company to grow. We assist with selecting the right entity type by explaining the advantages and drawbacks of each type of entity so that you choose the one that best fits your goals.
- General Legal Counsel: Legal aspects of business grow as your business expands. We offer legal counsel throughout all stages of business, can schedule regular meetings with you, and advise you on any legal issues or concerns that arise along the way.
- Tax Planning: Taxes are a consequence of running a business, but that doesn’t mean that you can’t leverage strategies to minimize your tax bill. We can help you explore effective and legal strategies to reduce your tax burden now and in the future.
- Professional Practice Representation: Medical professionals, dentists and other professional practice owners face unique challenges when operating a business in North Carolina. NC Planning can help ensure you are in compliance with state laws and provide guidance on operations, entity formation, buying or selling a practice and more.
- Sales and Acquisitions: Sales and acquisitions have many moving parts and considerations. From due diligence to negotiating terms, our attorneys can help you navigate this complex process to ensure a successful closing.
- Contract Negotiation and Drafting: Contracts are legally binding agreements that clarify and solidify working relationships. When drafted properly, they protect both parties, clarify expectations and set deadlines. The attorneys at NC Planning can assist with drafting contracts and negotiations to ensure that your interests are represented and protected.
- Dissolving Businesses: Closing a business isn’t as simple as closing your doors and letting your team go. There are specific legal processes you must follow to legally dissolve your business. We can guide you through each step, so you can move on to your next business venture.
- Shareholder Disputes: Ownership disputes can throw a wrench in your plans for growth and success. Finding a swift, efficient resolution is key. At NC Planning, we believe there is always a path to resolution. We’ll help you through the process and implement a solution. Often, we can come to an agreement before the issue escalates to litigation.
- Corporate Compliance: Businesses must comply with local, state and federal laws to stay in operation and maintain limited liability. NC Planning can provide counsel and guidance on how to remain compliant and address your concerns.
How To Choose The Best Business Attorney For Your Practice
Every business has unique needs. It’s important to partner with an attorney who understands those needs and can deliver the services you need to succeed.
Before you start your search and compare your options, consider your goals and needs. What services do you need? Are you looking for help with a specific task, or are you looking to build a long-term relationship with an attorney?
Once you have a clear idea of your needs, you can begin narrowing down your options. Consider the following:
- Does the attorney have experience with your industry? Have they worked with businesses similar to yours? Having first-hand knowledge of your industry means that your attorney can offer specific, tailored guidance. At NC Planning, for example, we work extensively with professionals who operate their own practices. We’re intimately familiar with North Carolina’s requirements for operating professional practices and can provide individualized advice to ensure practice owners meet the state’s requirements.
- How long have they been practicing? A seasoned attorney can identify potential challenges or legal issues your business may face and address them before they escalate. The more experienced the attorney, the greater the likelihood they have assisted other clients in your situation and can help you navigate the road ahead.
- Are they client-centric? Client-centric firms focus on relationship-building and understanding their clients to deliver the highest level of service possible. They’re happy to answer questions, explain options, and reply to communications in a timely manner.
Additionally, consider whether the attorney and firm are a good fit for your company culture. Your attorney will be an extension of your team and should be someone you feel comfortable working with long-term.
How NC Planning Will Help You Plan for the Road Ahead
Business law is complex and multifaceted. When making important decisions, it is crucial to have a reliable and experienced legal team on your side.
At NC Planning, our attorneys can help you make informed decisions on matters such as entity formation, contract drafting, mergers and acquisitions and more.
Before making any recommendations or offering guidance, our team will take the time to learn about your business, goals, and needs. Building a strong client relationship will allow us to provide tailored advice for your individual situation.
To see how we can help with your business law needs, contact us or call our firm to schedule a consultation with our Murraysville business and corporate attorneys.
We operate law offices in Cary, Raleigh, Greensboro and Wilmington, NC to better serve our clients’ needs.
