Business Organization
Are you planning to start your own business? Have you been
in business for a while but realize that you never organized the
business properly? Has you accountant advised you that
organizing your business as a different entity, such as an
S-Corp or L.L.C., would be more advantageous?
Many people do not recognize the importance of organizing
their business according to each detail required by state law.
North Carolina offers multiple ways to organize your business,
i.e. corporations, L.L.C.'s, partnerships, P.L.L.C.'s, nonprofit
corporations, etc. However, one of the first mistakes people
frequently make is not selecting the required or more
advantageous entity. A second frequent mistake people make
is failing to prepare all of the documents or failing to correctly
prepare the documents necessary to form the business entity
they are seeking. Failing to properly organize your business
entity can open the door to allow people to sue you,
personally, for activities that you thought were done by your
business.
Marie Mobley can guide you through the process of opening
your own business. She can help you decide whether you will
organize as some type of partnership or one of the many
varieties of corporations.
No doubt, you have other things to think about as you start
your own business than preparing legal documents. But you
want your business to be properly and legally formed. Contact
Marie Mobley for assistance.
