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If there's more than one owner of your company, do you know who owns what? Because the answer often isn't simple.Here's why…Many startup owners set up a limited liability company or …
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One of the most important things you can do to protect your business is to observe corporate formalities. This should include, at a minimum, an annual review meeting by your company's owners to ensure …
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When you set up a limited liability company (LLC) or a corporation, you're planning to take advantage of the "corporate shield" to prevent personal liability if something goes wrong in your …
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If you own multiple limited liability companies or corporations are you commingling the businesses?If so, you expose these ventures to unnecessary legal dangers.For example, a court might …
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If you set up a limited liability company (LLC) or corporation for your existing business, what does the new entity own?Too often, the answer is nothing.How does that happen?Your sole …
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A corporation is a type of business entity that exists under law as a separate "person" from the shareholders who own it. Most corporations exist indefinitely. There are many reasons to operate a …
Continue Reading about Corporations – Should You Form One? →