When Should You Update Your Bylaws or Operating Agreement?
Bylaws and operating agreements go stale when ownership, management, or funding changes. Here are the events that should trigger a review and what to fix.
Corporate & Business Law
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What Should a Small Business Compliance Program Include?
A small business compliance program needs an owner, written rules, training, a way to report problems, and follow-through. Here is how to size each piece.
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What Corporate Records Must a Small Company Keep?
Small companies must keep formation documents, bylaws or an operating agreement, minutes, an ownership ledger, and state filings. Here is the list and why.
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Asset Purchase vs Stock Purchase: Which Deal Structure Fits?
The choice between an asset purchase and a stock purchase decides who inherits the liabilities, how the deal is taxed, and which contracts survive closing.
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How Should Co-Founders Split Equity and Set Vesting?
Equal splits feel fair on day one and cause fights by year two. How to divide founder equity, set vesting with a cliff, and meet the 83(b) deadline.
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What Does Due Diligence Cover When Buying a Business?
Due diligence when buying a business means reading contracts, records, and liabilities before you commit. Here is what to request and what the findings change.