by Torro | Jul 22, 2022 | Corporate Governance, Legal Mistakes, Legally Protected Business
In the next section of our nine-part series about the biggest business vulnerabilities, we dive into Claims and Suits (For and Against). Nearly every business is going to have disputed claims against other companies or individuals. These can range from simple contract...
by Torro | Jul 15, 2022 | Business Law, Corporate Governance, Legal Mistakes, Legally Protected Business
As we dive into the first part of our nine-part series about the biggest business vulnerabilities, we start with corporate governance. This area of your business is full of pitfalls that are outside of your usual wheelhouse. On one hand, we have the ownership...
by Torro | Nov 30, 2020 | Corporate Governance, Corporate Status, Kansas Business Law, Limited Liability, Oklahoma Business Law
When it comes to creating a business from the ground up, the list of decisions that you will have to make can seem overwhelming. One of the biggest decisions you can make starting out is to decide if your business will be an LLC or a corporation. In today’s post, we...
by Torro | Nov 18, 2019 | Blog, Corporate Governance, Legal Mistakes, Legally Protected Business, Limited Liability, Oklahoma Business Law
Legal Mistake #1: Where Does Your Limited Liability Lie? Protection or Legacy As business owners, we are devoted to running our businesses. However, the pitfall of being caught up in day-to-day operations is the failure to think about the out of sight, out of mind...
by Torro | Jul 18, 2019 | Corporate Governance, Kansas Business Law, Oklahoma Business Law
Five Requirements to Maintain Your Company’s Corporate Status Five RequirementsA company may choose to incorporate for a variety of reasons. Obtaining corporate status provides several benefits, including limited liability for shareholders and officers. Safeguarding...