In order for a contract to be valid and enforceable, certain elements must be met. The rule on this is actually different for sale of goods versus the sale of services, so this article focuses on services. The differences are subtle and will be noted. Also, it should be noted that just because a contract […]
Startups – Building the Right Team
Starting a company is no joke. Somewhere around 90% of all new companies fail, so it is important to do whatever you can to start yours in the most successful manner. For this article, we’re going to explain why building the right team will not only increase your chances for success, but also make your […]
Business Startup Process Overview
Anyone who has been a part of a startup knows that it is no easy task. I’m going to outline a few things, both legal and not, to make the process a little more streamlined. Every startup is unique, so this guide will only cover the broad overview. Consequently, you will find yourself adapting as […]
Basic Choice of Entity Type in North Carolina
Introduction So, you’re about to start a company in North Carolina? First off, congratulations! Starting a company is an exciting adventure that you get to make into whatever you see fit. It is a lot of work, I know, but when you put all the work in, it’s worth it in the end. Let’s get […]
What’s In An Operating Agreement
First off, an Operating Agreement is the controlling document for the members of a Limited Liability Company (LLC). The instructions contained within the Operating Agreement determine how the business is run, how much earnings a member gets, what rights and responsibilities the members have, and much more. This article will only outline the most common […]