by Hill Law PLLC | Dec 9, 2021 | Starting Your Business
While it is easy to start your business as a sole proprietor, there are reasons why you may want to choose a different business structure. An LLC with an S election could be a good choice, depending on your expenses and liabilities. Let’s look at how a sole...
by Hill Law PLLC | Dec 1, 2021 | Managing Your Business, Starting Your Business
The beginning framework of a new business can fundamentally impact the tax obligations, regulations, and liabilities you face. It’s wise to know the difference between the types of business entities and which best suits your organization now and in the future. To...
by Hill Law PLLC | Nov 16, 2021 | Starting Your Business
Creating an operating agreement for a Limited Liability Company (LLC) in NC is not as complicated as you might imagine. It is simply a short outline of how your business will work. Even if there are multiple members of your LLC, you can still create the operating...
by Hill Law PLLC | Nov 3, 2021 | Starting Your Business
When you start a business, selecting the structure best suited to your enterprise is crucial. Opting to form a C corporation, even if you choose to make an S election, you must submit Articles of Incorporation to the North Carolina Secretary of State. Of course,...
by Whoosh Agency | Oct 22, 2021 | Managing Your Business, Starting Your Business
When starting a business, how do you know what structure is right for you? An LLC or Limited Liability Company is a common choice for companies in NC. With this business structure, you limit your liability if someone should sue your company in the future. However, the...
by Hill Law PLLC | Oct 15, 2021 | Starting Your Business
Getting started with a new business can be confusing. What type of business structure do you want? How will you get the licenses and permits you need? When it comes time to pay taxes, will you lose more than you can afford? But by far, the most crucial question you...
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