Investopedia defines Corporate Governance as “the system of rules, practices, and processes by which a firm is directed and controlled”. Getting a little further into the weeds, the Harvard Business Review identifies two long-standing descriptions of...
Every business owner needs to have a plan in place for how their interest in the business will be allocated or sold in the event of disability, death, retirement, divorce, dispute, or in the event that they simply no longer want to be a part of the business. Enter the...
You may think that there are lawyers everywhere, but good lawyers are hard to come by. If you want a lawyer that works in a particular area, then you may struggle even more to find someone that fits your needs. Finding a lawyer isn’t always about who you talk to, but...
As a business owner, it is best for you to keep an attorney on board for consulting purposes. You can prevent major problems by having a qualified attorney look over all documentation, which affects your company in a legal capacity. Large corporations hire in-house...
Forming your business is one of the most important decisions you will ever make – and the structure you choose can determine a lot. From how you will pay taxes to your liability and growth options, you need to pick the right structure from the start. When comparing an...
The Business Formation Question: Corporation or LLC Is a Limited Liability Company (LLC) better form for your business than a corporation? The advantage of a Limited Liability Company is it allows management flexibility, and has potential tax benefits for the members....
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