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You need to write up a binding operating agreement, otherwise you and your partner will be subject to your states standard limited liability act. Then you need to vote, since you are the only...

One of the problems of entering partnerships where the expectations are not clearly defined in a contract is that later in the game one or the other partners run the risk to feel abused. I interpret...

Thank you Evan. This is the answer I was looking for. But do you guys see how this law would have caused confusion. Already here we have been back and forth about it

:)

Thank you

jefflib,

I am not a lawyer, but I think that the "inheritance" of his credit and good will (or whatever assets that he has develop through his existing corporation) will be established by the...

I just received their promotional correspondence and I too, would like to hear from other's experience.

Thank you

I think 1ManSCorp is trying to diversify; Are you 1ManSCorp?

I can see why vangogh thinks/suggests that perhaps channeling funds for related business makes more sense. You are getting experience,...

Hello,

Earlier this week I started to microblog. In trying to write good blogs I did a search for "the anatomy of a blog" but all I got were very technical aspects about the blog, the SSL, the...

Hello,

A friend who is incorproated in California is thinking about incorporating in Delaware, says that tax rate is better. I understood that if you incorproate in another state, you must...

vangogh, I don't mean when I pay to a contractor. I remember back in 2010 there was all this buzz about having to report purchases over $600.

Since I don't remember much, I search online and found...

I sort of remember last year there was a buzz about having to provide some type of form to clients that pay more than 600 for a service. I never followed through with research, but now we have a...