My Quarantine Business Retreat – Day 5
If you see Polaris often, you’ve heard us harp about your annual meeting. If you don’t see us often, you may not know that an annual meeting is a corporate formality for limited liability companies and corporations that helps ensure that you are acting like you and your company are separate and prevents you from being personally liable for company actions. If your annual meeting is scheduled for the second quarter, go ahead and have it now. If you’ve never had an annual meeting, now is a good time to start. It provides a great opportunity to review your contracts, foundational documents, and deliverables and make sure they are consistent with how you are doing business.