The bylaws of a corporation are the third part of the triangle that provides the framework for the management of the corporate business. Along with state law and the Articles of Incorporation, the bylaws provide a clear outline of the rights and responsibilities of all parties to a corporation. In particular, the bylaws provide the actual details of… Read More »
The central legal document for any corporation is the Articles of Incorporation. In some states, this document may be called a Certificate of Incorporation, Charter of Incorporation, or Articles of Organization. Please check this article section for the requirements in your particular state. This form outlines the basic structure of the corporation and details those matters that are… Read More »
The planning stage of incorporation is vital to the success of any corporation. The structure of a new corporation, including the number of directors, number of shares of stock, and other matters, must be carefully tailored to the specific needs of the business. Attorneys typically use a pre-incorporation worksheet to assemble all of the necessary information needed to… Read More »
The business arena in America operates on a daily assortment of legal forms. There are more legal forms in use in American business than are used in the operations and government of many foreign countries. The business corporation is not immune to this flood of legal forms. Indeed the operation of a corporation, in general, requires more legal… Read More »
The third crucial part of your initial Business Plan entails how your business will obtain enough money to actually survive until it is successful. The failure of many small businesses relates directly to underestimating the amount of money needed to start and continue the business. Most business owners can, with relative ease, estimate the amount of money needed… Read More »
An integral part of the process of starting a business is preparing a Marketing Plan. Whether the business will provide a service or sell a product, it will need customers in some form. Who those customers are, how they will be identified and located, and how they will be attracted to the business are crucial to the success… Read More »
One of the most important and often overlooked aspects of starting a business is the process of preparing a Business Plan. It is through preparation of a formal business plan than you begin the process of refining what your business will actually be and, more importantly, how you can make it successful from the start. To develop a… Read More »
One of the first decisions that potential business owners must confront is how their busi¬ness should be structured and operated. This crucial decision must be made even before the business has actually begun operations. The legal documents that will generally accompany the formation of a business can follow many different patterns, depending on the particular situation and the… Read More »
This agreement provides basic conditions, project outlines, consultation, updates, treatment of confidential information, the terms of payment for the designer’s services to the client and much more. Copyright ownership, liabilities and expressed expectations of the parties. The agreement also states clearly that this is a contractor situation and not an employer/employee relationship. Some of the provisions and conditions… Read More »
A notice of default is a notification given to a borrower advising him or her that they have not made their payments by the agreed-upon deadline. It states that if the money owed (plus an additional legal fee if necessary) is not paid in a given time, the lender may choose to foreclose on the borrower’s property. Anyone… Read More »