Involves advising business owners on start-up considerations and legal structure options -- such as sole proprietorships, partnerships, corporations, limited liability companies (LLCs), and non-profit organizations -- and handle the formation of new business entities and filing of all necessary documents (i.e. articles of incorporation). Major factors affecting how a business is organized may include the size and scope of the business, the sector and the country, limited liability, tax advantages, and disclosure and compliance requirements.
Learn More About Business Organizations in Reidsville, North Carolina
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Reidsville is a city located in Rockingham County, North Carolina. As of the 2000 census, the city had a total population of 14,485. Originally established in the early 19th century as an outpost and stop on the stage line that ran between Salisbury, NC and Danville, VA called Wrights Crossroads, the Reidsville community grew from a single home and Inn owned by the family of Reuben Reid (a local farmer, businessman, and justice of the peace who was the father of David S. Reid) into a thriving farming community primarily supporting tobacco production and cigarette manufacturing. Reidsville was officially incorporated by the North Carolina State Legislature in 1873 and became a key location of the American Tobacco Company which employed large numbers of city and county residents. The American Tobacco Company was the mainstay of Reidsville economics until its sale and closure in 1994. Many textile mills were established in Reidsville as well, with Cone Mills and Burlington Industries consolidating most of them in the mid-twentieth century, though most have now closed. Although Reidsville has experienced economic recession in recent years the community has enjoyed a renewal of growth as a sleeper city supplying a source of rural development for the surrounding larger cities.
