The corporate conglomerate. This post discusses ways to organize a business structure when one business “owns” (informally speaking) several disparate businesses. I have a client that owns a transportation company, landscaping company, barricade rental, and some other seemingly unrelated companies. Each has their own insurable […]
Corporation or LLC: it’s a question I get all the time. The answer is not so simple as going down a checklist though. You need to consider many factors. Who will be making decisions. How profits will be split. What your personal tax situation is. […]
Like most professions, law is filled with a specialized language not generally used by the public like franchise, license, or partnership. What I’ve heard in my career is that although business people have a grasp on what they want to accomplish, the don’t necessarily know […]
This article discusses best practices for using corporate Resolutions (includes LLC and partnership) (see THIS ARTICLE on how to draft them). For ordinary and routine business operations, corporate Resolutions are not needed. However, under certain circumstances a Board of Directors, LLC Managers or Members, or partners […]
Corporate Resolutions. An interesting issue recently came up with a client where it had to correct some numbers on an accounting log that had been entered wrong, simple mistake. The problem was that for tax and investor disclosure purposes, the managers couldn’t just go back […]
Does my business need to hire a business lawyer for vendor contracts? A question I get asked a lot, the answer is not always, but often times it helps to have the guidance and control that good legal advice and drafting can provide. Something as […]