Deciding what state to form your business is one that should be given careful consideration. This decision can impact your businesses from day one, on. For residents of South Carolina, forming your business in South Carolina may seem the natural choice. For residents of other states, South Carolina may not even come to mind. However, […]
Continue reading…Top Five Mistakes Business Owners Make at Depositions
Depositions are a discovery tool used in lawsuits that allow a party to gather evidence about the case. A party testifying at a deposition is under oath, and the entire session is transcribed into an official record by a court reporter. In a lawsuit, depositions can be very useful to learn what evidence the other […]
Continue reading…Types of Business Organizations – Advantages and Disadvantages
There are several different types of business organizations that you may choose from when setting up your business. Each business entity has certain advantages and disadvantages that may make one entity preferable over other entities based on your specific circumstances. Our South Carolina business formation lawyers review the four most common types of business entities […]
Continue reading…Are Business Plans Still Relevant?
Sources seem to disagree about whether business plans are still relevant. Some industry professionals argue that a business plan is a key to success. However, other industry professionals argue that business plans are a waste of time and resources. If you are confused about a business plan, you are not alone. Our South Carolina business […]
Continue reading…New Laws for a New Year – Is Your Business Ready?
Each year, our lawmakers pass new laws that impact the lives of South Carolina residents and businesses throughout the state. In some cases, the laws benefit businesses but may require additional steps to remain compliant with state laws. Our South Carolina business compliance lawyers discuss five of the new laws that become effective for state […]
Continue reading…2019 Business Outlook – 5 Business Predictions for the Coming Year
Some predictions about the trends and business outlook for 2019 are difficult to make with a high degree of certainty. Recent volatility in the stock market and uncertainty about how lawmakers intend to govern with a divided Congress makes some leading business analysts very nervous. Our South Carolina business and corporate lawyers discuss five business […]
Continue reading…Five Ways to Build Your Business Through Government Contracting
If you never considered bidding for government contracts, you need to revise your thinking about government contracting. Government contracting is another source of business opportunities for your company. As you grow and expand your business, you need to take advantage of every opportunity in the marketplace to gain new customers. This includes working with a […]
Continue reading…5 Things Your Company Must Know About Data Security
If your company retains personal and sensitive information about your employees, clients, or customers, you must protect this data. Cybercriminals attack businesses each day to steal data they can use for profit. As a business owner, it is important that you understand data security. A South Carolina business compliance lawyer can help you ensure that […]
Continue reading…South Carolina Enacts First Insurance Data Security Act – How Will it Affect Your Business?
The National Association of Insurance Commissioners (NAIC) drafted the Insurance Data Security Model Law in 2017. On May 9, 2018, South Carolina became the first state to enact a version of the law. The provisions of the South Carolina Insurance Data Security Act will become effective for businesses on January 1, 2019. Therefore, if you […]
Continue reading…5 Things You May Not Know About Business Financing
Obtaining funding for your business can be difficult and frustrating. You need funding for your business, but the process of obtaining business financing is not always as straightforward as you might assume. A simple mistake or error on your application for funding or the documentation you provide with your application could result in a denial […]
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