» General Business » 
Many business owners have no idea that the legal entity for their business is not setup up properly or is incomplete. Operating a business that is not properly formed can put the business and its stakeholders in legal jeopardy for a whole swath of hidden legal issues.
An owners’ agreement is essentially a contract between the owners of a business, governing their relationship concerning that business. The goal of an owners’ agreement is to layout a structure of suitable rules to help owners overcome conflicting and unanticipated situations.
During a single year, your business experiences a lot of changes. It’s critical for your business's long-term success that you take time to reevaluate how those changes affect your legal situation. You want to build a solid foundation so that your growth next year is not hindered by unaddressed legal issues. There are six different areas you'll want to review as you close the books on the year.
