1. Did you know that if your company (1) agrees to license its trademark or other symbol to another business; (2) agrees to provide significant assistance in the operation of the other business; and (3) requires that the other business make a minimum payment of at least $500 during the first six months of operations, you have created a franchise relationship? There are both federal...

1. Did you know that when you sell stock or membership interests in your company, you have created and sold a security? Did you know that when you borrow money from friends in exchange for a promissory note from your company you have created and sold a security? Did you know that before a security can be sold it must be registered with the Securities...

1.Did you know that Directors on the board of directors of a company owe a fiduciary duty to the shareholders or members of the Company? A Company cannot indemnify a Director and insurance purchased to protect a Director will not cover certain types of breaches of a Director’s fiduciary duty. Sound corporate governance is important not only for the health of the company but...