As a business owner, agreements with subcontractors are vital for clarity, legal protection, quality assurance, risk mitigation, and relationship management. Clear and comprehensive agreements establish expectations, reduce ambiguity, and outline rights and responsibilities, serving as legal safeguards in case of disputes. By incorporating quality control measures and risk mitigation strategies, business owners can ensure standards […]
Today we’re talking about unlocking the secrets of corporate transformations. When it comes to mergers and acquisitions, there are so many ways to structure a deal. First up, the traditional way, an acquisition. Or, you can merge with another business, if you already own one. Or you can even just purchase the assets of another […]
Today we’re discussing Scope of Work (SOW) Agreements. A SOW is the document that is drafted or brought up by a client when they want to engage in another project with your team, after a Master Service Agreement (MSA) has already been established. When getting started on a new project with a current client, whom […]
The Corporate Transparency Act (“CTA”) has requirements that go into effect January 1, 2024, and we believe it is crucial for our clients to be aware of its provisions and potential impact. The Federal Government asserts that the CTA is designed to enhance corporate transparency and address issues related to money laundering, terrorism financing, and […]
In the dynamic business landscape of North Carolina, efficient and strategic legal arrangements are essential to safeguarding your company’s interests. One such crucial tool that can provide stability and clarity for businesses engaging in various services is the Master Service Agreement (MSA). In this blog post, I’ll dive into the ins and outs of MSAs, […]
North Carolina law allows LLC operating agreements to be written, oral, or implied. However, the same law states that oral or implied provisions cannot be held against someone that is not a party to the operating agreement if they conflict with the written terms. What does that mean? If a third party is relying on […]
When it comes to investing in real estate, it’s very common to seek out partners to share in the investment. Whether those partners are friends, family or strangers; there are simple steps that can be taken to address concerns before they arise. One of the simplest methods is consulting with an attorney and documenting the […]