Establishing an LLC or Corporation in Waxhaw, NC
Business decisions are often finalized without a legal contract. A verbal commitment and a handshake might be fine at first, until it is not, and disputes arise. When disagreements erupt between partners, vendors, and customers, or other parties, things can get messy and expensive. It is times like these when you wish you would have drawn up a business contract with a lawyer.
Good business contracts take the chaos out of deals and can save you time and money.
Consider the following scenarios:
- You accidentally got involved with a shady party with (as you later learn) a reputation for breaking agreements, cheating business partners, and leaving other companies when they are down.
- Your verbal agreement was drawn up by an associate or a partner who is no longer involved in your company and now no one knows who is supposed to be doing what.
- The two parties involved are both honorable, but there is an honest disagreement over deliverables, deadlines, or other conditions that were verbally specified long ago.
You can see from some of these scenarios that written business contracts serve to protect the best interests of both parties involved.
Starting or acquiring a business is an exciting time in your life. With the inception or expansion of any business, it is imperative to ensure you have everything set up legally. Our Charlotte business attorneys can advise you on the best type of business formations tailored to your needs.
There are two basic business types in North Carolina:
It is always advisable to understand which business type fits your company and provides you with the best protection. As your business grows the needs of your company may change, so it is best to hire an attorney with experience in various business categories.
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Business deals can get complicated. Who is responsible for what? What is the penalty for a missed deadline? Our firm can help you answer these questions and help you draw up a business contract that protects you and your partner.
We can also provide you with a review of contracts brought to your attention by other parties and help you understand what you are really getting into — or should avoid at all costs. Furthermore, a contract drawn up by a lawyer and signed by all parties is likely to hold up in court - if it ever comes to that.
With offices in Charlotte and Waxhaw, we make it easier for families across North Carolina to find quality counsel.
From our first phone call to final signing, our team goes above and beyond to make sure you're getting the attention you deserve.
We create personalized plans for each client while setting realistic expectations on the possible outcomes of the case.
When you work with Blood Law, PLLC, you work with our entire team. Everyone is here to support you through each step.