How an Attorney Can Assist You in the Incorporation Process

These days, there are numerous books and online resources that are intended to help individuals with "do-it-yourself incorporation." While do-it-yourself incorporation may seem like a cost-effective alternative, there are several reasons you should consider enlisting the assistance of a qualified and knowledgeable attorney.

First, while there are numerous resources out there on the incorporation process, it is important to realize that these resources are not a substitute for legal advice. If you need advice on which type of business entity would best suit your business objectives or the various tax benefits associated with each entity, the advice of an experienced attorney can save you a great deal of money in the long run.

Second, while online incorporation services such as LegalZoom.com, MyCorporation.com, and MyBizFilings.com seem like a quick and inexpensive way to file incorporation documents, these sites are not a substitute for the personalized service you would receive from an attorney. You may not realize until it is too late that the forms provided by websites are non-customized forms that may not fit your company's specific needs. An attorney, on the other hand, can draft documents tailored to your business objectives by taking the time to get to know you and your business. In addition, an attorney will sit down with you and carefully review your documents prior to filing. This ensures that you will be in compliance with all of the relevant state laws and can save you from a lot of trouble and inconvenience down the road.

The attorneys at Fisher Stark have the knowledge and experience to assist you with all of the decisions regarding the incorporation of your business. We can provide you with advice regarding the best type of business entity for your needs and also assist you with the filing of all required documents necessary for incorporation. Even after your business has successfully incorporated, we will assist you in assuring that your corporate entity complies with all of the relevant rules and requirements under state law.

Third, the services of online incorporation companies usually end with the formation process. An experienced attorney can help ensure that your entity is following all of the necessary legal formalities. An entity that ignores these formalities may lose the benefit of liability protection when it faces a lawsuit. In addition, establishing an ongoing relationship with an attorney may help you down the road should you face other legal issues?

Finally, the costs of do-it-yourself incorporation may be much greater in the long run. Often times, the reason online companies charge low fees is because they do not provide all of the services you need to complete and maintain your corporate entity. There may be additional hidden fees for things like corporate minute books, properly issuing stock, organizational meeting minutes, or applications for EIN numbers. Once you add on all of the necessary services, you may be faced with a much higher number than you originally anticipated which may be even more expensive than if you hired an attorney.

Although hiring an attorney to help you incorporate may cost more than an online incorporation service, the money you spend may be worth the peace of mind in knowing that your corporate entity is following all of the legal requirements, and the shareholders and officers of the corporation are not personally liable.

The attorneys at Fisher Stark are available to assist you with the incorporation of your business. We will take the time to get to know you and your desired objectives so that your business can reach its full potential. We will also make sure your corporate entity is abiding by all of the relevant rules and regulations under North Carolina law. Finally, we will do this in a cost-effective manner by providing services at a reasonable cost. For more information please visit our website at www.fisherstark.com

How a Business Partnership Dispute Can Arise From An Incomplete Partnership Agreement   How a Business Partnership Dispute Can Arise From An Incomplete Partnership Agreement   Partnership Disputes Resolution   Partnership Disputes Resolution   

How a Business Partnership Dispute Can Arise From An Incomplete Partnership Agreement

Most partnerships in business will be governed by a partnership agreement. However problems arise when the agreement is of a poor standard and a partnership dispute comes up.

A business partnership is like many romantic partnerships. It starts great, but after a while cracks may begin to form and a business partnership dispute can arise. This is why it is of paramount importance to have a written agreement in place at the point when the partnership is formed. It may seem awkward to suggest a formal agreement, especially if your business partner is a family member or friend. However, in this situation you must put the awkwardness to one side and create a written agreement that covers all the necessary angles. If you don't have any formal written agreement then you'll partnership is governed by the Partnership Act of 1890- and you may find that, being bound by the Partnership Act, you are lumbered with provisions that you wouldn't have chosen yourself.

A written partners agreement is not legally required, but may save a a large amount of hassle if things turn sour between two partners, and a business partnership dispute arises. If you think you may not have covered all the bases, you can seek legal advice from a specialist business law solicitor in preparing your partners agreement. This will make things easier if the partnership falls apart somewhere down the line. Anyone without previous experience of a business partnership is unlikely to know exactly what needs to be included. Some partners agreements can be very complex, in which case it is highly advisable to seek professional advice from someone who can assist you.

Amongst the useful source provisions that you need to include in a written partners agreement are allocation of profit and loss, what happens if a partner dies, conflict resolution, and many more. You would be surprised at how many people overlook some of the most important aspects when agreeing to the terms of a written partnership agreement, but this can cause significant problems in the future.

Some people think that they are totally covered for every eventuality just by the mere fact that they have a written partnership agreement. However, most people in business know that there are many complexities and changes that can arise with a business, meaning that partners may not see eye-to-eye, or one partner wants to leave. It is vital that all of these aspects are covered. Then, if a business partnership dispute arises, a great deal of time and money will be saved because everything has been clearly defined.

Remember the old saying "Fail to prepare, prepare to fail."

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Quick Tips for Choosing New Motorcycle Insurance

After choosing the right motorcycle for you, you should immediately look for new motorcycle insurance in order to keep it safe and secured. Although it is true that insuring motorbikes is more expensive than getting a car insured, you could still do some ways to minimize your premiums while maximizing the amount of coverage you would get. You can make this happen by knowing the right methods for choosing your policy. Here are some quick tips that could assist you in finding policies that best suit your needs and preferences.

Going back to basics

The first thing you should do before getting your motorbike policy is to know the basics of acquiring new motorcycle insurance. Start doing some research about various policies offered by different insurance agencies. Compare the terms and conditions of the different policies offered by such companies, and look at the reputation of the agencies you plan to transact with. You can do this by calling them up, visiting their main offices or browsing their websites.

At this point, a spreadsheet could serve as a tool that could make it easier for you to compare various companies. Create a spreadsheet and add all the necessary data you have collected about the companies you have researched about. Include important information, such as the reputation as well as the additional benefits and discounts that they offer.

Getting free quotes for new motorcycle insurance policies

After learning more about the background of the companies you wish to transact with, you should proceed to getting quotes. Try acquiring some free quotes from their websites in order to make it easier for you to compare their insurance rates. These estimates would reflect the amount of money you would need to spend on insuring your motorcycle. Once you have known how much your preferred motorcycle insurance policies cost, it would become much easier for you to find the cheapest insurance premiums offered by reliable insurance agencies.

Before getting online or offline quotes for your new motorcycle insurance, you should be prepared to answer some of the most important questions of your preferred insurance agency. Expect them to ask you about the age of your bike, the size of its engine and its brand. They might also do some probing about your driving skills and check on your driving records. Since these important factors could greatly affect the price of your insurance premiums, you should be very careful when answering these questions of your insurance agency.

These are the most important things you should know when choosing from different insurance policies. Once you have done these quick and easy tips, finding new motorcycle insurance that is perfect for you will become as easy as pie.

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Benefits of Finding Cheap Motorcycle Insurance Quotes

In this day and age, finding cheap motorcycle insurance quotes should be the topmost priority of every vehicle owner. This is because there are several advantages offered by motorbike insurance that will greatly benefit the drivers in the long run.

We are all aware that motorcycles are considered to be the fastest mode of transportation for people who go to work every day. Aside from the fact that motorcycles can get away from traffic, they can also be used in small alleyways that are short-cut routes to particular destinations. And because more and more people are learning the many benefits of using a motorcycle, it is no wonder that these vehicles flood the streets at an extremely fast rate. The fact that there are several motorcycles in every highway justifies the fact that motorcycle-related accidents cannot be avoided.

Since accidents are things that are completely unexpected, motorcycle accidents can burden the life of a motorcycle owner. One may instantly find himself facing legal claims and auto repairs that are completely out of his financial budget. In order to avoid these things, it is important that vehicle owners find cheap motorcycle insurance quotes that will ensure that they are always in control of even the most unexpected situations.

Cheap motorcycle insurance quotes provide lifeline in the event of a vehicular accident. This may ease the minds of drivers who are suddenly faced with potential vehicle repairs that are completely out of their financial budget. Also, a motorbike insurance rescues the motorcycle owner in cases wherein keys are locked in a car, or whenever flat tires happen in the middle of the highway. The backup for cases such as these, as well as dead-battery and out-of-gas situations, is called roadside assistance, which is very helpful most of the time.

Additionally, cheap motorcycle insurance quotes provide coverage for drivers and passengers who are suddenly faced with these dire situations. For example, there are cases wherein the insured is suddenly struck by a vehicle at a time when he is just walking. The insurance company is the one who will be paying for all medical bills and similar payments. Most motorbike insurance also provide coverage for all damaged vehicles in cases of collisions.

All of these things combine together to prove that cheap motorcycle insurance quotes should not be neglected by every vehicle owner. The insurance policies will give people peace of mind whenever they go out of town or travel to far places.

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Plan Ahead With Motorcycle Insurance

Did you know that according to traffic statistics, if you ride a motorcycle, your chances of getting hurt in an accident are more than 10 times greater than those who face a similar fate in an automobile? If nothing else, this sounds like a perfect reason to make sure you have enough insurance to cover damages to your bike-and to you-when one of those nasty accidents creep up unexpectedly.

Riding a motorcycle can be dangerous; there's really no way around it. Not only are motorcycles difficult to see for other motorists, the helmets worn by motorcyclists offer little protection against bodily injury. Having the proper insurance plan will allow you to enjoy your hobby thoroughly and freely, knowing you're fully protected against mishaps-no matter who's at fault. In this article we will discuss the various options available for motorcycle insurance, but keep in mind that some options are not available in certain states. For detailed information about the options and restrictions in your state contact your local insurance agent.

Motorcycle Insurance: The Basics

Much the same as it is with automobile insurance, the standard motorcycle policy will usually cover the following:

Liability. Liability insurance covers you financially in the event someone else is injured while you're driving your bike. Keep in mind that in certain states you must carry a separate passenger liability policy if you intend to let people ride the bike with you. Collision. If an accident forces you to put your bike down, collision coverage is the part of your policy that will pay for any damages to your bike. Comprehensive. Comprehensive coverage will protect you against non-accident related damages or losses such as theft, vandalism, fire, wind and rain.

Motorcycle Insurance: The Not-So Basics

Although some of the following options may be included with your standard motorcycle insurance policy, there's a much better likelihood that you will need to pay extra to receive this coverage. Be sure to check with your agent about each and every one of these items as you never know when you might need them:

Medical Payments. Medical payment insurance will help pay any medical costs for you or your passenger in the event of an injury. This includes hospital expenses, surgery, x-rays and dental services. Personal Injury Protection. If you become injured as the result of a motorcycle accident, expenses can mount very quickly. Personal injury protection can reimburse you for items such as medical payments, lost income and child care expenses. Be sure to ask your agent up front about personal injury protection coverage, as it is not available in all states. Uninsured Motorist. If you think nothing could be worse than having an accident, think about having an accident with a driver who is uninsured. This type of coverage protects you against this all-too-common fate. Towing. Towing is usually something you have to pay a few dollars extra for, but it may be well worth it in the long-run.

Before you strap that helmet on and fire up your two-wheeled machine, make sure you're taking all the necessary safety precautions, and please, make sure you are adequately insured-a little foresight on your part now just might come in handy someday.

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How to Get a Seasonal Motorcycle Insurance Policy

A seasonal motorcycle insurance plan is a type of insurance that only offers coverage for seasons when you can use your motorcycle. This means that it does not cover seasons like winter, where it is close to impossible to use a motorcycle. The advantage to getting this kind of insurance policy is that you only have to pay limited premiums that cover the motorcycle season. So you do not have to worry about paying for insurance for your motorcycle when you are not even using it.

Getting insurance coverage for your motorcycle is of utmost importance, especially since motorcycle drivers have higher risks of getting involved in road accidents due primarily to their vulnerability compared to those who are driving cars. A motorcycle offers very limited protection to its rider, so it is important to have it insured. However, if you cannot afford to pay the expensive premiums of motorcycle insurance policies, a good alternative would be to get a seasonal motorcycle insurance. Not only is it cheaper, but it also offers coverage when you really need it.

While not all insurance companies offer this kind of motorcycle insurance policy, there are still a good number of them that do. When shopping for a seasonal motorcycle insurance policy, it would be wise to shop around for insurance quotes first. Even if this type of policy is relatively cheaper, you still want to avail of the most affordable deals you can get when shopping for any kind of insurance policy. Take your time to choose and look into as much insurance companies as you can so that you can compare deals and prices. You can talk to a representative to ask them about their available options.

It would also be wise to find out the coverage of the plan; while it has been established that it is seasonal, you would still want to know what the coverage is. Ask for a policy that offers coverage for both theft and accidents. It is wise to always get an insurance policy for a motorcycle that covers theft as well, since motorcycles are easier to steal than cars. Since your insurance is seasonal, make sure to keep it closely guarded during the months that it is not covered. You can never be too safe when it comes to a motorcycle. By getting a seasonal motorcycle insurance plan, you can save a lot on your premiums and still get coverage during times that you really need it.

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