1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Corporation Meetings

Discussion in 'General Business' started by tyrithe, Jun 7, 2006.

0
  1. #1
    I'm debating in whether to set up an LLC or a (probably S) corporation. For those who went the corp route, how do you handle the shareholder or board meetings/minutes if you are the only shareholder/director? Are there templates which cover the necessities?

    Does someone have any book suggestions or other reference sites I may want to look at?
     
    tyrithe, Jun 7, 2006 IP
  2. aboyd

    aboyd Well-Known Member

    Messages:
    158
    Likes Received:
    17
    Best Answers:
    0
    Trophy Points:
    138
    #2
    I went the LLC route. All I can tell you is that either way, paying yourself is a pain in the butt. You cannot just "have" the money you bring in. It goes into the company coffers, and you pay yourself a wage. Unfortunately, since I freelance, I don't HAVE a reliable income. Trying to figure out a salary that I can pay out reliably is nearly impossible.

    Good luck with whatever you decide. I wish I had just bought business insurance, and left it at that.

    -Tony
     
    aboyd, Jun 8, 2006 IP