In my March 11th review of Inc.’s article “The Importance of Corporate Minutes” you read, “Typically, after the new entity is established. . . the owners often put off dealing with many tasks necessary to running their new corporate entity.” Another quote from that featured article: “Ignoring the care and feeding of your corporate entity […]
Charged: Corporate Minutes & Resolutions “…a bit sloppy”
UPDATE: I first wrote this post in 2011 for another one of my publications, and it is certainly relevant today. This is a fine example of things gone terribly wrong in a small company where the directors did not follow corporate protocol or make a record. Talk about insider loans and company stakeholders’ with differing […]