Removing a business partner is one of the most delicate legal issues a business owner can face. In Illinois, it’s not as simple as voting someone out or changing the locks. If done incorrectly, you could face a costly lawsuit, damage your business’s reputation, and trigger major tax or liability consequences. But when handled properly—and legally—you can protect your business …
An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each other and with the LLC. You may think that an operating agreement is not necessary for your single-member LLC – after all – why make an agreement with yourself? Is the Operating Agreement a Legal Requirement? Most states don’t require an LLC …
Had a nice Saturday afternoon catching up on my RSS Feed. This is what I found: What are your thoughts regarding genetic biodiversity in our food system? The G-20 Agriculture Ministers made an action plan last week to help mitigate hunger & food price volatility around the globe. Let’s take the Taboo out of end-of-life conversations. We are all going …