When you start a business, it most often involves you making or doing something you are good at. People hire you or purchase your goods based on your expertise. However, when it comes to financing that business and offering securities, you should seek out an expert in those issues to make sure you are legally protected.
Many businesses raise capital through the issuance of stock or shares in the company. The capital raised in this manner can help a business gather enough funds to purchase a location or begin manufacturing a product. It is always advisable to seek the advice of an attorney to help you avoid the problems that may occur if shares are issued improperly. Company stock is typically considered a security and as such is heavily regulated in the United States. There are many rules and regulations that must be followed to ensure that the issuance is proper.
Once you have made your offering and you have shareholders, you must continue to make accurate representations to them and respect their rights appropriately. If you do not follow protocol and ensure that accurate representations are made, you could be liable to shareholders. The right attorney/client relationship can help prevent problems that might otherwise arise and will help your business do what you want it to do. Our firm is in business for your business. We love to see Charlotte businesses grow and prosper. We can help you get the process right the first time and keep your overhead costs related to litigation to a minimum.
Meek Law Firm has experience working with shareholder issues and will advise your business in the most appropriate way to proceed. For any corporate governance issues you have, call Meek Law Firm today at (704) 848-6335 or fill out the contact form to schedule a consultation.
Business Lawyers in Charlotte | Meek Law Firm, Charlotte NC | 704-848-6335