Category: Grow.

As you move your business forward, you will get to a point where you need to put more structure around your business. There are four basic options for the legal organization of your business – sole proprietorship, partnership, limited liability company (LLC), or corporation. In many cases, a corporation will be the best option.

Entrepreneur’s Question: “Could you please clarify for us what type of information our company is legally obligated to provide to (minority) shareholders, and how often (e.g., financial statements, cap table, etc.)?”

Entrepreneur’s Question: “According to the bylaws, what are the basics that I need to do for corporate housekeeping, such as Boardmeetings, Stockholder meetings, minutes, records, etc.?”