Business Organization

Monday, June 24, 2019

What is Piercing the Corporate Veil?

One of the main reasons why many individuals choose to incorporate or to form an LLC is to limit their personal liability for business debts and obligations. However, there are cases in which a party may pursue an owner’s personal assets and income for company debt. A South Carolina corporate attorney can help ensure that a corporation is set up properly to reduce the personal liability of the owners.

What is Meant by Piercing the Corporate Veil?

An owner, member, or another party may voluntarily sign a personal guarantee to be responsible for a specific business debt.
Read more . . .

Thursday, March 14, 2019

Is South Carolina Business Friendly?

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,

Read more . . .

Friday, February 15, 2019

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 in this article and some of the pros and cons of each business structure.

Read more . . .

Friday, February 8, 2019

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

Read more . . .

Wednesday, September 19, 2018

Is It Time To Reassess Your Business Structure?

Choosing the legal structure of your company is a crucial step in beginning a business. Your business structure impacts numerous areas of your business. Risk, taxation, and complexity are three of the important factors to consider as you choose the business structure for your company.

Read more . . .

Archived Posts


Business and Corporate Law News

© 2019 Willcox, Buyck & Williams, PA | Disclaimer
248 West Evans Street, Florence, SC 29501
| Phone: 843.536.8050
2050 Corporate Centre' Drive, Suite 230, Myrtle Beach, SC 29577
| Phone: 843.461.3020

Business & Corporate Law | Litigation & Disputes | Family & Individual Services | Real Estate | Negligent Handling of Human Remains | Opportunity Zones | About Us


Law Firm Website Design by
Zola Creative