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Business formation February 26, 2014

Protecting Your Assets

The first step in an asset protection strategy is to confirm the exact ownership interest of each of your assets and determine if a creditor would attach it. Assets should be sheltered in properly structured entities. Asset protection strategies can include the use of many tactics, such as transferring ownership of assets. There are various […]

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Business formation February 12, 2014

Business Compliance

Did you know that if your corporate minutes are inaccurate or incomplete it can do long term harm to your business? Minutes are a written record of transactions taken, or authorized by, the board of directors or shareholders. They should be kept in the corporate record book for your company because these are crucial for […]

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Business formation February 5, 2014

Partnership Agreement

A Partnership Agreement is an accord or contract between two or more persons or entities, engaged in a business for profit. The agreement identifies the parties, location of the formation of the partnership, as well as the venue for disputes. General partnerships assume that profits, liabilities and management duties are divided equally; however, partners may […]

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Business formation January 31, 2014

How Passion Kills Startups

Many outstanding business ideas are born from a spark of passion: that moment when a daydream stretches into the realm possibility. But passion is also the root of failure if it means you get lost in the excitement and hope of building that dream without balancing it with reality. You’ll hear what you want to hear, […]

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Business formation January 27, 2014

Maintaining Your Startup Culture

“It was so much fun in the old days.” I used to hear this phrase all the time from employees who have worked at my company, Communispace, since the early days 10 years ago, when we were a small startup in the suburbs of Boston. Really?, I would think. You thought that nervously waiting for […]

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