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Basic Training: Keeping Up with Corporate Minutes . . . Properly

Basic Training: Keeping Up with Corporate Minutes . . . Properly

By Nina Kaufman, Esq.

As we’re still in the early part of 2010, it’s a good time for corporations (and LLCs!) to prepare their annual minutes.  Minutes outline the major decisions the company made in the previous year. Not only are they a handy way of recalling the significant issues the company faced in the prior 12 months, they’re an important part of maintaining the limited liability advantages of having a business entity in the first place.  In short, minutes protect your ass(ets)! 🙂 So, kudos this week go to my legal eagle Kathrine Gregory of the NYC kitchen incubator Mi Kitchen Es Su Kitchen.   She brought to my attention a notice she received from “Corporate Records Compliance Office” concerning annual minutes. It looks all official, with serious-looking letterhead, and the kind of stuffy and stilted language that usually goes along with some kind of legal or governmental communication. And it asks for $120 to prepare your minutes. Here’s what to watch out for with these kinds of services: They don’t come from a government entity. The disclaimer, probably printed…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.