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 | Blog, Business Agreements, Kansas Business Law, Oklahoma Business Law
Using contracts is essential when conducting business transactions for several reasons. A well-drafted contract protects your interests and reduces the chance of a lawsuit because of a misunderstanding. A written contract, when it contains the necessary elements, is...
by Torro | Jul 18, 2019 | Blog, Corporate Governance, Kansas Business Law, Oklahoma Business Law
Five Requirements to Maintain Your Company’s Corporate Status Five Requirements A company may choose to incorporate for a variety of reasons. Obtaining corporate status provides several benefits, including limited liability for shareholders and officers. Safeguarding...
by Torro | Jul 18, 2019 | Blog, Kansas Business Law, Oklahoma Business Law
Keep Your Business Cyber Secure! As the calendar turned into the 21st century, technology began to become more advanced and widespread. From cell phones to e-commerce, the average consumer is engaging in online transactions at a great pace. However, as the consumer...
by Torro | Jul 18, 2019 | Blog, Business Agreements, Kansas Business Law, Oklahoma Business Law
Get it in writing! “Did you get it in writing?” This expression is so often used that many people think it is the law. The reality is that oral contracts are just as valid under the law as written contracts.Many companies use oral contracts with their customers to...
by Torro | Jul 18, 2019 | Blog, Kansas Business Law, Oklahoma Business Law, Transfer on Death (TOD)
Benefits of TOD Accounts What expenses can I eliminate? Every small business owner has grappled with this question. Most Americans have dealt with this question for their personal expenses as well. Legal expenses are one of the most attractive expenses to...