Corporate Articles

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 6:35 PM

The limited liability protection offered to corporate shareholders is by far the most important and distinctive advantage of incorporation. To enjoy the benefits of incorporation, the company must observe corporate formalities and properly maintain corporate records and accounts. This helps the corporation retain its corporate status and protects its officers and shareholders from personal liabilities. Protect Your Corporate Status Corporations must maintain current and proper corpora... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 6:25 PM

Companies need to draft and submit Articles of Incorporation to the Georgia Secretary of State, Corporations Division. The moment a company successfully files the Articles of Incorporation, the Georgia Corporations Division deems it formed. It then begins its existence as a corporate entity. Choose A Name For Your Corporation The initial step of forming a corporation is choosing a business name for your Georgia Corporation. Perform a search of corporate names in Georgia. You must be c... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 6:15 PM

The systematic recording of the events, the decisions, and the proceedings of Board Meetings are important. Companies need to keep some things in mind. A corporate resolution should cover all the relevant aims of the company. It should be brief, to the point and informative. Since it can be used or referred to later on, it is necessary to file and record it systematically. Essential Features: 1. Design a corporate resolution form, which gives a comprehensive view of all the aspec... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 4:09 PM

Incorporation offers several benefits to business owners. Many small businesses have chosen to form corporations. Several states have laws favoring incorporations, but incorporating in Nevada is popular because it offers several benefits. In Nevada small businesses flourish as corporations due to the liability protection of owners, tax deductions, and the perpetual life of corporations independent of the shareholder’s life. Below is a list of advantages for incorporating in Nevada. 1. Ne... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 2:32 PM

If a business, which is mixed with personal assets, suffers losses, the owner is bound to lose everything. When personal assets are not involved with business the owner can always rely on these assets if the business suffers a set back. Forming a corporation is a step towards protecting the owner from liabilities. A List Of Benefits For Incorporation Once a company is incorporated, it receives the status of a separate legal entity. It is a lot like a person, which can sue, be sued, an... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 2:30 PM

Once a corporation is formed, it must form a board of directors. The number of directors varies from state to state, but a minimum of one director is essential. After the incorporation of the company, it is the board of directors, which organizes the company by laying out the rules. They adopt bylaws drafted by the company’s attorneys. The board of directors makes provisions for shareholders’ conduct, establish committees, delegates titles and duties to officers, decides upon the issuance and ca... more...

Business » Corporate | By Robert Giffin @ Friday, 21st July 2006 @ 1:44 PM

As the deadly Bird Flu virus (H5N1) continues to spread across the globe, it’s propensity to mutate into a new strain capable of creating a pandemic continues to increase. The World Health Organization notes that this threat is ‘serious’ and has urged world governments to develop contingency plans in the event of an outbreak. While the 2003 SARS outbreak was a call to action for many international companies, few organizations are truly prepared to deal with a pandemic that could reach a... more...

Business » Corporate | By David Gass @ Friday, 21st July 2006 @ 10:49 AM

The Chairman of Directors presides over the board of directors meeting. The shareholders and directors appoint this chairman. It is this chairman, who calls the meeting of the board of directors. The chairman calls the meeting to discuss those things, which need attention. The chairman sends prior notice of the meeting to the participants about the day, time, and venue of the meeting. Initiating A Board Of Directors Meeting Below is a list of formalities that must be observed at a Boa... more...

Business » Corporate | By Nicky Pilkington @ Tuesday, 18th July 2006 @ 1:11 AM

Teambuilding can be an important way of developing your businesses most valuble assets, its employees. Especially when hiring new employees or starting a new business, building relationships within your team is of prime importance. There are many companies that offer teambuilding courses, both resedential and in house. Teambuilding courses can be expensive, so let us explore the options so that you are sure to choose the right teambuilding exercise or teambuilding course for your staff a... more...

Business » Corporate | By Dutch Holland @ Friday, 14th July 2006 @ 10:11 PM

We have all heard about the importance of getting all the details taken care of and getting them handled right. That’s true for wills, contracts, recipes, blueprints and lots of other things. One subject, however, really needs to have attention to detail but it rarely happens. Moving an organization from “doing things one way to doing things another” is a “details job.” The following five parts of the change process are practically meaningless without the right details: * New Vis... more...

Business » Corporate | By Lawrence Groves @ Friday, 14th July 2006 @ 3:47 PM

According to a Minnesota TV station, a Wells Fargo 401(k) plan operations manager has been accused of robbing 401k plan accounts. The 401k Operations Manager, who oversaw the 401k daily fund operations, allegedly disbursed money from dormant 401k accounts to fictitious names he created. He then had the checks sent to his own office and deposited the funds into his own account, HOW THE 401K ACCOUNTS WERE ROBBED Point-by-point, this retirement operations manager eluded what sh... more...

Business » Corporate | By Nicky Pilkington @ Thursday, 13th July 2006 @ 3:12 PM

There is a famous story in business articles and productivity books. It’s often attributed to different people and the exact dollar figure that the consultant was paid is always different. But the story goes something like this: A man was concerned that he wasn’t being very productive. So he asked a consultant for a suggestion. That consultant made a profound suggestion that worked! He told the man to do the following: before leaving work at the end of the day, list the top three things h... more...

Business » Corporate | By Taylore Vance @ Tuesday, 11th July 2006 @ 9:59 AM

Using the Natural Laws of the Universe for corporate business or even your work at home prosperity is the easy way to go. Attracting your abundance has nothing to do with will power, strength or determination. When you understand "the ease" with which these tools work you will be amazed! The Secret Enables You To See Possibilities Let's take a look at -- where you want to go in your home business and how to go about getting there with ease... using this tool: ... more...

Business » Corporate | By Tony Jacowski @ Tuesday, 11th July 2006 @ 9:58 AM

Entrepreneurship has been defined by many psychologists and researchers in different terms having more or less the same meaning. Richard Cantillon, an Irishman, first defined the term entrepreneur and its unique risk bearing character, for the first time in the 18th century. But it is Alan Jacobowitz, a professor of psychology, who developed a series of indicators to identify entrepreneurs. The Jacobwitz theory calls these indicators different stages of the entrepreneur: 1. Early... more...

Business » Corporate | By David Gass @ Tuesday, 11th July 2006 @ 3:35 AM

A stock certificate is the physical proof of your ownership of shares in a company. Usually, the corporation charges a nominal fee for issuing the paper certificate and the shareholder must keep it secure, because it is the proof of ownership and if it is lost the broker or the company may charge the shareholder another nominal fee. Stock certificates enable shareholders to get in direct contact with the company. Shareholers can use stock certificates as collateral in order to obtain a loan. If ... more...

Business » Corporate | By David Gass @ Tuesday, 11th July 2006 @ 12:27 AM

The inception of a nonprofit corporation is similar to the inception of any other corporation. The main difference is that nonprofit corporations are exempt from government taxes. Apart from filing the required papers and information necessary for a corporation, a company that wants to be registered as a nonprofit corporation must file an application for tax exemption with the IRS. Below is a list of the initial steps for this process. Steps Involved In Instituting A Nonprofit Organizatio... more...

Business » Corporate | By David Gass @ Tuesday, 11th July 2006 @ 12:07 AM

Based on many financial and technical factors, corporations are categorized into different types. Of these categories, two key types of organizations are 'C Corporations' and 'S Corporations.' A 'C Corporation' or a 'C-Corp' is a corporation that qualifies for the taxes under the Sub chapter C of the Internal Revenue Code of the Internal Revenue Service (IRS). Simply said, a C Corporation is a standard corporation and most of the organizations in the U.S. ... more...

Business » Corporate | By David Gass @ Monday, 10th July 2006 @ 7:57 PM

Corporate Resolutions are the record of the actions, motions or proceedings undertaken in the Board Meeting and the shareholder meeting. Generally, companies record the decisions, taken in the meeting of the Board of Directors or shareholder meeting, for future reference. Recording of the proceedings isn't mandatory but it is a good idea. The Board of Directors, the shareholders or sometimes, both the Board of Directors and the shareholders, must pass a resolution. The shareholders ... more...

Business » Corporate | By David Gass @ Monday, 10th July 2006 @ 7:25 PM

Since a corporation is under the management of the board of directors, several corporate activities need to be put to vote before they can be implemented. The board of directors and the shareholders decide upon and pass resolutions. The board of directors can pass some resolutions, the shareholders can pass some resolutions, and sometimes both the shareholders and the board of directors need to pass resolutions. The Board of Directors agrees upon these corporate activities and the shareholders p... more...

Business » Corporate | By Jeff Casmer @ Thursday, 6th July 2006 @ 10:52 PM

Walgreen Co. www.walgreen.com is a nationwide store chain and has over 3,000 stores and pharmacies and is a retail store phenomenon and has over 27 years of record crumbling sales. Wow what's the secret Walgreen? Why are you so successful? Well, customers like their high class customer service, their huge selection, and quality products. Some investment and other companies with a financial interest in Walgreen look at the past success of the company and evaluate its financial mana... more...