Successful businesses never stay still. They always evolve and develop, growing and changing as trends and customers demand. In fact, as a business owner, your company can undergo a number of changes. In fact, once your business hits a certain size or level of complexity, a change in business structure may be necessary. For instance, … Read more »
A shareholder agreement is an agreement between shareholders of one corporation. It is also called a stockholder agreement. Which provisions consist of a shareholders agreement depends on the corporation and their shareholders, as well as on the purpose of the agreement. It usually explains shareholder’s rights and responsibilities and the document should be stored in … Read more »
What is Incorporation? Incorporation is the legal process of forming a business corporation. A corporation is a type of business structure, a legal entity that sets it apart from its founders. In that way, business founders are not responsible for corporate debts and obligations and creditors cannot sue them for liabilities incurred by the corporation. … Read more »
What You Should Know About Creating A Partnership Agreement When starting up a partnership with friends or family members, it may seem like an ideal business structure to operate. Â Not only are you comfortable and have an established relationship with your future partners, but you are also naturally confident that you can trust and … Read more »
There are several different methods of financing a new venture, but they can be lumped roughly into four different stages – and everyone who is starting a business should get to know them better. Seed capital is the first stage, when you raise funds to start a business. It is often followed by venture capital, … Read more »