Showing posts with label various corporate formalities. Show all posts
Showing posts with label various corporate formalities. Show all posts

Friday, December 23, 2011

Use Your Name Brand to Market place Your Small business Or Service

Business Legal Liability - How to Prevent Piercing the Corporate Veil

A corporation is a separate legal entity recognized by the national and state governments, and the Internal Revenue Service. In a properly run corporation, the shareholders, officers and directors (the company principles) are distinct and separate from the corporate entity, whether a "C," "S," or LLC. This provides a "corporate veil" that protects the principles from liability during a lawsuit against the corporation.

If the principles of the company formally treat the corporation as a separate legal entity, the court will uphold the status of the corporate veil and limit the suit to the corporation, and not include the principles in any judgment.

Maintain any annual corporate filings of the annual report and fees as required by your state.

Corporate Bylaws

Corporate Minute Book

Any significant corporate activities, including corporate business plans, major contracts, borrowings, purchases, and the payment of compensation to officers, should be reflected in the minutes of the meetings.

Board of Director Meetings

Stock Ledger Book

The corporation must maintain an accurate and current stock ledger book (or membership units for a LLC).

Conducting Business in Corporate Name

Corporate bank accounts and accounting records must be separate and distinct from the individual. Corporate income and assets must be separately accounted for on the company books.

Corporate Credit Card

In any lawsuit the plaintiffs will typically name the company principles, and try to pierce the corporate veil to assess the liability directly to the officers and directors.

Business Legal Liability - How to Prevent Piercing the Corporate Veil


What is a name brand? It is the picture or image your potential customers have of your business or product.

A well thought out domain name is certainly a good place to "push" your brand name. Can your brand and domain name be one and the same? Try to work your logo, brand and domain name into one neat marketing plan.

Your logo can be designed around your name brand.

Facebook Fan Supply has been solving these two problems for hundreds of satisfied customers.

Wednesday, December 14, 2011

Asset Tag 101 - Fixed Assets Management in the Field of Enterprise

Business Legal Liability - How to Prevent Piercing the Corporate Veil In a properly run corporation, the shareholders, officers and directors (the company principles) are distinct and separate from the corporate entity, whether a "C," "S," or LLC. This provides a "corporate veil" that protects the principles from liability during a lawsuit against the corporation.

If the principles of the company formally treat the corporation as a separate legal entity, the court will uphold the status of the corporate veil and limit the suit to the corporation, and not include the principles in any judgment.

Maintain any annual corporate filings of the annual report and fees as required by your state.

Corporate Bylaws

Corporate Minute Book

Board of Director Meetings

Stock Ledger Book

The corporation must maintain an accurate and current stock ledger book (or membership units for a LLC).

Conducting Business in Corporate Name

Corporate bank accounts and accounting records must be separate and distinct from the individual. Corporate income and assets must be separately accounted for on the company books.

Corporate Credit Card

Business Legal Liability - How to Prevent Piercing the Corporate Veil


Trial Software: Design ; Print Barcodes ; RFID Labels Anywhere
140 Self-Sticking Labels for $1.99. Asset tags have exclusive identification number which will help agencies to identify an item among a number of products and devices. Asset tags, with unique numbers and barcodes, are allotted to both these forms of assets. There are various kinds of asset tags on the market. Color coding of asset labels could also be used for any fast identification of ownership. An asset tag on computers or laptop computers should include the model number, the make, CPU type and the BIOS version. Asset tags are manufactured in various materials. If an corporation purchases technology possessions or possessions that are relocated from place to place on a regular basis, it's recommended to select metal labels. Numerous medium to large size companies manage to get their precious property branded along with asset tags, for identification and controlling purposes.Institutions may also use word processing software packages to produce the labels. Even the corporation's logo can be printed on the tags. From inexpensive vinyl labels to fully laminated sturdy hi-tech polyester tags, labels can be created. For example, in fixed asset accounting, management systems, supply control, and quality management, asset labels can be employed by personnel to identify the position of the possessions, and for maintenance functions.