In advising hundreds of closely held companies over the years, one of the things we often recommend is a corporate document cleanup. Having the right documents in place is crucial for any business looking to take the next step and protect its interests.
A corporate document cleanup involves an experienced attorney taking a deep dive into your company’s organization or incorporation documents, bylaws or operating agreement, and other records and contracts. Find out how your business could benefit. Contact us to today via the form, chat box or a call to 313.859.6000.
If you are like many of the business owners we work with, you’re really busy running your business, focusing on strategy, marketing, developing a product or providing a service. You might not have time or the resources to make sure these items are in place. Sometimes they simply slip through the cracks. This is where a corporate document cleanup can be invaluable.
You should have the following among your company’s records.
One of the most important reasons for conducting business within a legal entity, such as a corporation or LLC, is to maintain limited liability. Having the corporate formalities in place is key to maintaining the limited liability and avoiding the piercing of the corporate veil.
If you would like to assess whether your company has everything in place, or discuss whether you need a corporate cleanup, please contact us today. We’ll be in touch with you within one business day.