How to Use a Board of Directors or Advisors
Having a Board of Directors or Advisors will be a ‘support team’ in many ways; giving encouragement, advice, and guidance regarding your vision and goals.
What is a Registered Agent
Since an LLC or Corporation is not an individual, it cannot have process served on it unless someone is appointed to serve as an ‘agent’ for the company. All 50 states require that such a person be appointed- This person is the Registered Agent.
Can I Use A Sole-Proprietorship For Now?
Please realize that you actually may have a unique situation and there isn’t a one-size fit’s all approach or answer to a every new business situation. You will most certainly have a set of facts that are different from friend’s, mine or anybody else.
Piercing the Corporate Veil and Protecting Yourself
Many small business owners who operate under a corporation or LLC have heard of the term “piercing the corporate veil,” but very few have a complete understanding of its meaning and implications. We set up entities for ‘protection’, but that protection is not automatic. We have to protect the corporate veil and maintain the company […]
