What type of disclosure must I make to my customers?

If you are operating a small business in North Carolina, there are certain disclosure requirements necessary for compliance with the law. Business owners must disclose important information to customers, including the total cost of goods and services, a description of the product or service being purchased, and any warranties or guarantees associated with the product or service. In addition to these disclosures, North Carolina law also requires certain other disclosures like industry-specific disclosures. For example, if you are a contractor, you must provide a written statement of work, a list of any subcontractors to be used for a particular job, and any other changes to the original contract. A contractor must also provide customers with a detailed invoice including labor costs, parts costs, taxes, and any discounts or offers received. If you sell food, you must disclose all ingredients and list any potential allergens that may be present. Many businesses in the hospitality industry are also required to disclose certain policies such as cancellation or refund policies, service fees, and payment terms. Overall, North Carolina law requires small business owners to make certain disclosures to customers. The type of disclosure required depends on the type of business that you are operating and the specific services or products that you are offering. Therefore, it is important to be aware of all disclosure requirements when operating a small business in North Carolina.

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