Helping Our Clients Address A Variety Of Legal Needs
There are several different business types to choose from when starting a company in North Dakota and other states in the nation. One of these is the limited liability company, commonly referred to as an LLC. One of the most important parts of creating an LLC is...
If your business is going through a merger, you are hoping that the two companies will be better once they are combined than either one would have been on its own. The merger is equally beneficial for both businesses, and they can both see new levels of success in the...
When starting a business, there are multiple decisions to make, such as whether you will run it out of your home or have a storefront. And, if you have a storefront, where will it be located? You must also create a budget, research financing options, and have a solid...
Debt restructuring becomes a lifeline when a business grapples with insurmountable financial challenges. It can offer a fresh start, a way to get back on solid ground after working hard to build your business. But here is the thing: debt restructuring involves several...
Income tax reciprocity is an agreement between the two states that helps workers avoid being taxed twice on the same income. This could be a cause for concern for someone who lives in North Dakota but works for a company based in Minnesota. Typically, they might have...
Like all other businesses, an agricultural company has specific needs and requirements to ensure its maintenance and success. This is why it is essential to determine what business entity is the best for it. If you have a farming business in North Dakota, here are...
For entrepreneurs in North Dakota, planning for succession is essential to ensure the longevity of their business beyond their tenure. Adequate planning can facilitate the smooth transfer of business ownership to the next generation. Proactively addressing tax...
Business owners form a limited liability company (LLC) because it protects their personal assets, has no double taxation, and has flexible management options. An LLC is also easy to create. You file the paperwork online with the Secretary of State, pay the fee, and...
Agribusiness is a huge industry in North Dakota, and it continues to grow every year. If you approach it with some basic knowledge of what agribusiness is, you can be a more effective and valuable partner to the industry. Agribusiness defined Agribusiness is the...
Running a successful farm in North Dakota takes a lot of work. With that in mind, it's important to do what you can to make it as easy as possible. One way you might achieve this goal is by selecting the business entity your farm operates under. Considering that, it's...