It is important to know what representations is made to buyers. A business should be careful what types of representations they make and make sure they are able to fulfill those representations. SUMMARY As a new business, you may want to make many representations to sell your product but there are certain types of representations … Read more
There are a set of corporate documents that should be archived when the legal entity is set up. These documents will be important as the business scales up and investors are sought. SUMMARY Articles of incorporation should be filed with the Secretary of State to set up an entity. By-laws and other resolution agreements are … Read more
There are many reasons to set up a business entity before starting to sell products. This article will explain the different types of businesses. SUMMARY There are 3 main entities: C-Corp, S-Corp, and LLCs. A business may be considered a sole proprietorship or partnership without the proper filings. See CONSIDERATIONS OF BUSINESS TYPES. CORPORATION Corporations … Read more