Understanding what it means to be ‘served’ can feel intimidating for small business owners, but it does not have to be. Whether it’s a lawsuit, a subpoena, or an official notice, knowing what to expect and how to handle service of process properly can help you avoid costly mistakes and, in turn, protect your business. What is Service of Process? Service of process is the formal method of delivering legal notice to a person or business that a lawsuit has been initiated against them. There are strict rules that can vary by state on who can be served, when, and how the service must be...
corporate kit
How a well-organized corporate kit can protect your business
A well-organized corporate kit is much more than just a binder. It is a secure repository for your business. When your formation documents, minutes, resolutions, stock records, and ownership information are easy to find and up to date, you are better prepared for audits, lawsuits, and financial transactions. Keeping your corporate kit and its contents current and in order can simplify legal and accounting responsibilities and perhaps lower the chance of costly disputes. What is a corporate kit? A corporate kit is a physical or digital binder to house your entity’s records. The binder fits...
Leading Myths About Registered Agents: Facts Your Business Should Understand
Misunderstandings about registered agents can put businesses at unnecessary risk and create confusion. Whether you think any address will work for the registered agent, believe the agent has extra authority, or assume only large companies need one, these myths could cost your business time, privacy, and crucial legal protection. (PS, your registered agent can also assist with filing your annual reports and monitor the due dates when managing multiple entities across multiple states, providing peace of mind!) Let’s begin: What is a registered agent? A registered agent is an individual or...




