A shareholder agreement can come in handy when there are two or more shareholders in a corporation. It can cover buy-sell rights for shares, restrictions on transferring shares, voting rights, and a shareholder's salary and employment duties. The more comprehensive...
Corporate Governance
Breaking the Tie: Understanding Deadlock Provisions in Shareholder Agreements
If you're in the process of drafting a shareholder agreement for your company, you've made a wise choice. The contract will be instrumental in outlining the rights and responsibilities of each shareholder and director, as well as the running of your company. A...
What is the Difference Between an LLC and an S-Corp?
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...
Asset Protection for Small Business Owners
For many business owners, their company is their baby. It is an important part of their history and life and measures their success. A lot of business owners do whatever is necessary to ensure their business is protected and well taken care of, even if it means not...
Choosing Between a Corporation and a LLC
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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