Annual Report Requirements

So you have your new shiny LLC or Corporation and you are feeling good. Nothing else to worry about except making money and paying taxes right? Wrong. Most all states require that LLC’s and Corporations file Annual Reports.  While these reports are not complicated, and in the case of North Carolina only requires: The name of the Corporation and the State of incorporation Updated addresses of...

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Social Media Policy for Your Employee Handbook

There is a lot of talk right now about how to effectively draft a Social Media Policy for your company’s Employee Handbook.  Does your company have one? There are a lot of different viewpoints out there; as there are with anything.  However, there is one article that is so ridiculous I would be remise if I did not point it out to you.  The following link is to a “Inc. Magazine” article...

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Does Your Business use a Debit Card?

You may not be aware, but a business debit card does not have the same loss protection as consumer debit cards do. Many businesses use debit cards to make purchases for their business online or at brick and mortar stores.  There is a large risk here as there is no protection on the potential misuse or fraudulent charges placed on the card.  Whereas Federal Law (Electronic Funds Transfer Act and...

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Fundraising for your Business

Fundraising for your Business

How are you raising capital for your business or startup company? Have you ever considered the implications of federal and state securities laws? So then, to whom and when do securities laws apply? The actual statute is very complex; you should contact an attorney for more detailed information. However, I will list of several examples below: Raising funds by selling stock or interest of your...

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