Direct Talk

A letter of intent gets the conversation started. The purchase agreement is what actually governs the deal.

Purchase Agreement Essentials: Key Terms You Need to Understand

The purchase agreement is the document that makes a business sale real. It is where the deal gets reduced to binding obligations, and where the negotiated details get locked in as enforceable terms. For buyers and sellers alike, understanding what should be in a purchase agreement, and what to watch out for, is essential before you sign anything.

Business liability is several distinct categories of legal exposure, and understanding the difference matters when you are thinking about how to protect your business.

Business Liability: Understanding the Different Types of Legal Exposure Your Business Faces

Legal Direction breaks down the main types of legal exposure your North Carolina business might face.

Your North Carolina entity protects your personal assets, but it does not protect your business. Here is why you need both an LLC or corporation and business insurance, and what happens when you only have one.

The Insurance Gap Your North Carolina LLC or Corporation Needs to Fill

Many people believe that forming an LLC means they're fully protected from all business risks. When I ask if they have business insurance, they look genuinely surprised. "But I have an LLC. Isn't that enough?"

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