Archive | Corporation

Aesop’s Pretty Good Business Fable

Aesop had a good thing going. He had a great family, owned his own home and was operating a small, but successful, construction business doing home additions. Based on a radio advertisement for do-it-yourself, legal work, he decided he should incorporate. The ad said it would protect him from liability. Aesop followed the instructions and […]

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Lending Money

Documenting Loans: A Best Practice

Many people have or will lend money to other people in their lifetimes.  Often parents lend money to children.  Sometimes friends lend money to friends.  Businesspeople lend money to other businesspeople.  There are many contexts in which one person loans money to another person.  Shareholders of the corporation borrow money from their corporations, or the […]

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