An experienced business lawyer can advise you on how to properly form your company. Depending on your choice of entity, there are several different legal documents which could be of use, including:
- Partnership Agreements
- Shareholder Agreements
- Articles of Organization
- Limited Liability Company Operating Agreements
- Corporate Bylaws
- Initial Resolutions
These agreements, documents, etc. set forth the positions, rights, and responsibilities of individuals involved in the business. Furthermore, they also set rules and procedures for running the business, including policies related to decision-making, corporate governance, dispute resolution, and other matters.
Well-drafted agreements are essential to preventing conflicts or minimizing their effect on the business. However, companies also must ensure they comply with their own rules consistently to avoid potential problems. Where questions arise, general counsel can provide guidance.