What is a shareholders' agreement?

Posted by Katherine L. Taylor, AttorneyJun 01, 20210 Comments

Do you own a small corporation? Have you ever wondered whether you need a shareholders' agreement?  In this post, I'm going to explain what a shareholders' agreement is and whether you should have one for your corporation. You should know that this applies only to corporations and not to LLCs, so...

What is Business Succession Planning?

Posted by Katherine L. Taylor, AttorneyMay 28, 20210 Comments

You may have heard that you should do business succession planning, but what does that mean?  In a nutshell, business succession planning is basically setting up plans to make sure that your business can continue if something should happen to you or another one of the owners. For instance, if yo...

Do I Need to Register My Company In Another State? [VIDEO]

Posted by Katherine L. Taylor, AttorneyApr 26, 20210 Comments

Are you a business owner wondering whether you need to register your business to do business in a different state other than where your entity was formed? I'm going to give you a few tips as to when you definitely should register your business to do business in another state and a couple of situations where it's not so clear and you might want to consult somebody. 

Are Your Company's Website Terms Accurate?

Posted by Katherine L. Taylor, AttorneyMar 22, 20210 Comments

Are you a business owner with a website for your business? Have you wondered whether the terms of use or the privacy policy on your website are sufficient? If so, you're not alone. I'm going to give you a few tips so you can figure out whether your terms of use and privacy policy are sufficient, or whether you might need some further assistance.

What is a “Close” Corporation?

Posted by Katherine L. Taylor, AttorneyJan 22, 20210 Comments

Have you ever heard somebody say that they own a "close” corporation and wondered whatthat means? A close corporation, sometimes referred to as a “closed” corporation, is a less formal way ofrunning their business; the shareholders have elected to have no board of directors. In a regular c...

What If I Never Issued Stock for my Company? [VIDEO]

Posted by Katherine L. Taylor, AttorneyNov 18, 20200 Comments

Let's say you're a business owner who started a corporation 10 years ago, along with another owner, and you're getting ready to sell. Fortunately, you’ve found a buyer, and you realize that you never issued stock. Is that a fatal flaw? Probably not, but it's going to take some work for you to be able to actually sell that stock to another party. I can help you do that.

Why Running a Race is Like Running a Business: Have a Plan

Posted by Katherine L. Taylor, AttorneySep 10, 20200 Comments

I was in a hurry today because I didn't allow enough time between preparing for my race in October and getting this post ready. But in that process, I realized that I was making progress to achieving my goals, even if it didn't seem like it at the time. I have a plan to run a half-marathon in October, and that plan requires running a certain number of times a week. I had to do it today...

Do I Need a Lawyer to Form an LLC?

Posted by Katherine L. Taylor, AttorneyAug 20, 20200 Comments

This is the first in a series of "Do I Need a Lawyer?" posts. Many of the calls I get from people are just asking the question "do I really need to hire you?” and frankly, the answer is often no. Today, I'm going to explain to you when you may or may not need a lawyer if you're forming an LL...

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