Nothing can land your business in legal hot water faster than a boilerplate document. No matter how generic you think the deal or transaction you’re entering into is, boilerplate documents can often have terms unfavorable to you — or leave out essential provisions. In...
Whether you need to wire funds to New Zealand or have a manic moment at 4 a.m. — no question is too strange, and no hour is inappropriate to call upon outside general counsel. While every company regularly faces legal, compliance, and regulatory issues, not every...
Bylaws are the rules by which a corporation governs itself. Bylaws are established by the Board of Directors at the time of formation to regulate the company’s day-to-day operations and specify how issues will be handled as they arise. Simply put, they help to ensure...
An operating agreement is the critical governing document used by a Limited Liability Company (an “LLC”). The Operating Agreement customizes the terms of a company according to the owners' needs. The Agreement outlines how business decisions will be made in a...
Given the goings-on since our last post, we need to discuss the importance of disaster preparedness for small businesses. According to FEMA.gov, almost 40 percent of small businesses never reopen following a disaster because just a few inches of water can cause tens of thousands of dollars in damage. I find that unacceptable, especially because it can be prevented in many cases.
There are times when owners and operators must acknowledge the signs, stand up and take a step back for themselves.
