Business Law

Protecting Your Investments A common question we get from shareholders is, "You indicated in an earlier article that a shareholder in a company could protect their investment if the business went sideways, how can this be done?" The protection of a shareholder's investment in a company can be accomplished with some pre-arranged business planning. When…

Selling Your Shares "My company has reached a critical stage of its development and I would like to raise some money, can I sell shares to anyone that is willing to buy?" Before you sell shares in your company, you would be wise to get some advice on the effects of the Securities Act (the…

Introduction Before we discuss the common characteristics and uses of Shareholders’ Operating Agreements, it is important to understand the reasons why they have been created. Most people that carry on business using a corporation usually fail to distinguish between the different roles and obligations that they have as shareholders, directors, officers, employees, and creditors of…

Incorporation  "I am starting a business, should I incorporate it?"  This is a common question we get from new business owners. Two of the main reasons to incorporate a business is to save income tax and to reduce the operator's personal liability for the business' debts. Incorporating For Income Tax Reasons From an income tax perspective,…