Direct Talk

The messaging small business owners receive pushes constantly in the growth direction: Scale. Hire. Automate. Build systems so the business can run without you. Reach the next level. And underneath all of it, the quiet implication that where you are is not enough.

Tt may make sense for a North Carolina resident in some specific situations to charter an entity in another state, but for most small businesses, the extra complexity and costs are a deal-killer.

Many small businesses start out as LLCs. It is easier to form and run. There is no company tax return and all the income passes through...