The Corporate Kit or LLC Kit is a customized organizational binder–and a convenient, tried-and-true way to gather and maintain your company’s management records.
When you form your corporation or LLC (Limited Liability Company), it is critical to objectify the management of the business. This includes an orderly organization of key documents —including minutes of the activities of the company, bylaws, operating agreements, shareholder agreements, share certificate and stubs and transfers.
Continue reading “What is the Purpose of a Corporate or LLC Kit?”
Not-for-Profit Corporations are formed for many reasons. In New York State there are two types of formations: charitable and non-charitable. New York now allows for filings of each with a purpose as simple as: any purpose for which corporations may be organized under the Not-for-Profit Corporation Law as a charitable corporation or any purpose for which corporations may be organized under the Not-for-Profit Corporation Law as a non-charitable corporation. Continue reading “How to Form a Not-for-Profit Corporation”
If you are starting a business as a sole proprietor or partnership you must file a document with the city, county or state as required by the laws of the state in which your business will be conducted. The name you choose for the business is a “fictitious name.” It is also called a “DBA” (doing business as). The laws are intended to protect those doing business with the company by providing a public record of the owner’s identity and the address of the business.
Continue reading “What is a fictitious name (a DBA)?”