Nobody likes to plan for life's unpleasantries, including divorce. While divorce remains an unfortunate fact of life, proper planning with your business attorney can help protect your business from the unexpected. This is particularly critical where a business has multiple owners, members, or partners. In a recent case out of New York, a company's three … Continue reading Does Your Business Have a Pre-Nup? The Importance of Planning for Life’s Unexpectancies.
Whether you are a one-man computer whiz coding the next blockbuster iPhone app, or a five-employee manufacturer making parts for a Tier 1 auto supplier, you need basic corporate forms to protect your assets and investments. A limited liability company (or LLC) is the preferred way to organize and obtain this protection. Plus, if you … Continue reading 4 Must Have Legal Documents for New Business Owners
What do you associate most with the start of a new year? I personally think of resolutions and how the gym gets crowded with all those who resolve to get in shape. So for many, the New Year is about a new start, a chance to set goals, and a chance to catch up on … Continue reading ‘Tis the Season for (Corporate) Resolutions!
Every business owner needs to incorporate. Forget about sole proprietorships or a partnership -- running your business without formally organizing is like driving without insurance: You will be OK so long as you don't get into an accident. But when someone rear-ends you, you will be in dire financial straits regardless of who caused the … Continue reading Starting a Business? Choose Your Organizational Structure!
As a new and growing business owner, you read my articles on incorporation and essential corporate documents, and took my advice to heart. You retained an attorney and accountant, drafted and filed the basic forms, and Small Business LLC is up-and-running. However, you are not done -- there are important steps to take for you … Continue reading Don’t Pierce My Corporate Veil, Bro: Avoid Losing Your Corporate Protection