Hogan & Betts PLLC
215 Racine Drive., Suite 204
Wilmington, NC 28403
Corporate Lawyers, Wilmington NC
Once you've decided to start a business, or even if you're been operating for years, it's wise to consider forming a proper business "entity" through which to conduct the business. Here is where folks generally think of "Corporations." Corporations can be small, large, and everything in between. They can be enormously complex or relatively simple. It all depends on what the client needs and wants.
At Hogan & Betts, PLLC we believe that simpler is better. We strive to assist you in both protecting your business and personal assets, while at the same time making the process as simple and streamlined as possible. We try to avoid unnecessary complexity in the corporate structure, and make it so that you can have as much flexibility in the future as you may need.
When thinking of a "Corporation" there are many issues to consider. Such things as:
- The number of owners
- The power and voting control of the business
- The sharing of income or losses
- What happens if a co-owner should die, get divorced, go bankrupt?
- How will we handle things for TAX purposes "S Corporation" versus traditional "C Corporation"?
All of these issues are part of properly planning your business. Many times, a Limited Liability Company or "LLC" may be a better fit for your business. That's where we can help you decide what structure you may want to use.
Whatever your business, whatever your goals, we're ready to sit down with you, roll up our sleeves and offer advice so that you can make best decision possible for your business and yourself.