One of the main draws of creating a separate stand-alone entity (e.g., corporation, limited liability company) when starting a new business is to avoid being personally liable for the debts incurred in furtherance of the business.¬†However, that protection could be lost if the business is not properly managed by owners, shareholders, officers, and/or directors of…

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While most people are focused on last minute gifts and preparing holiday meals, business owners are getting their corporate affairs in order before the clock strikes midnight and we ring in a New Year.  Here are five questions small businesses and medium-sized businesses should be thinking about as we approach January 1. 1. Do I…

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