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Managing Member Responsibilities and Business Considerations

Managing Member Responsibilities and Business Considerations

by Durham Law Firm | Sep 8, 2022 | Business

A managing member is essential in any company, responsible for the day-to-day operations and ensuring the company runs smoothly. This individual is an owner but also represents the company in legal and contractual matters. Let’s take a closer look at what...

Definitive Agreements and Why They Are So Important

by Durham Law Firm | Sep 1, 2022 | Business, Media, Video

Formal business contracts protect business interests. Definitive agreements help to protect the interests of all parties involved in business sales. Definitive Agreements include: Stock Purchase Agreements Membership Purchase Agreement Asset Purchase Agreement By...

Which Business Metrics Matter Most in North Carolina?

by Durham Law Firm | Sep 1, 2022 | Business

As a business owner in North Carolina, you know that tracking business metrics is essential. But how do you know which metrics to track? And can you translate those numbers into actionable goals? In this blog post, we’ll discuss crucial metrics for small...
How Long Do I Have to Respond to Unemployment Claims?

How Long Do I Have to Respond to Unemployment Claims?

by Durham Law Firm | Aug 25, 2022 | Business

If your employee files for unemployment in North Carolina, you may not know what happens next. However, you do play an active role in the process. In this blog post, we’ll look at the question, “How long does an employer have to respond to unemployment...
Member vs Manager Managed LLC: Which is Right for Your Business?

Member vs Manager Managed LLC: Which is Right for Your Business?

by Durham Law Firm | Aug 19, 2022 | Business

When starting an LLC, you have many decisions to make. One of the most crucial decisions is whether to let owners manage the day-to-day operations or hire a professional manager. This decision will impact your business and have significant consequences down the line....
Ownership Structures: Choose Your Best Business Entity Type

Ownership Structures: Choose Your Best Business Entity Type

by Durham Law Firm | Aug 4, 2022 | Business

Starting your own company is easy. However, making the correct choice for your business entity type is challenging. Determining which business entity is right for your business is essential to take full advantage of your chosen model’s benefits. Let’s look at common...
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