Articles of Incorporation, Bylaws, Board of Directors

 ALL YOU NEED TO KNOW SERIES

 All You Need To Know About…

… Articles of Incorporation, Bylaws, Board of Directors

 

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This short, free presentation will provide the basics plus links to give you resources to investigate further.

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If you have difficulty opening the link, just send me an email, and I can mail or email a copy.

Before we proceed, let’s ask, “What is the Small Business Administration (SBA)?”  The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is “to maintain and strengthen the nation’s economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters,” The agency’s activities are summarized as the “3 Cs” of capital, contracts and counseling.

For LLC business owners: take advantage of this link to the Small Business Administration for details about establishing Articles of organization and operating agreements.  In part, it states:SBA logo

No matter where your LLC is located, two documents are crucial to its success; the articles of organization (the same as articles of incorporation)  and operating agreement:

“The Articles of Organization is a simple document that legitimizes your LLC and includes information like your busines-s name, address, the names of its members, and if necessary, the name and address of a registered agent who is authorized to accept legal documents on behalf o the business. The form is provided by and filed with your state’s LLC office, typically the Secretary of State…. Your LLC is legally formed once your articles of organization are approved by your state.

An Operating Agreement …structures the business’s financial and functional decisions. The purpose of an operating agreement is to govern the internal operations of the business in a way that suits the needs of its members (owners). Typically, an operating agreement includes a breakdown of member’ ownership percentages along with each membe’s responsibilities, powers, and duties; an explanation of how of profits/losses will be distributed; a description of how and when meetings will be held; and the procedures for buying out/transferring interest when members leave the LLC.”

stickman_question_mark_thinking_pc_400_clr_1680The SBA also offers:  the Top 10 Questions About Small Business Incorporation

If you are interested in my helping you with your Articles of Incorporation or you want to take our  classes about starting and operating a small business, click here for more information or contact me.

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About Nancy Ayanna Wyatt

In addition to being a writer/editor, creator of infographics, and a highly engaging presenter and trainer, I am an ethical, energetic, and multi-faceted manager, demonstrably successful in directing human and financial resource allocation, contract administration, policies and procedures development, and supervisory functions. I have managed diverse departments, ranging from business offices to police, to name only two, while working for multi-national corporations, non-profits, higher education, state government, and small businesses. I have created extensive procedures, manuals, and training programs. I use the Internet, MS Office Suite, and presenter software. I have created 3 Word Press websites "from scratch." I sell photos on merchandise at https://pixels.com/profiles/nancyayanna-wyatt. My earned reputation is for fair play and for keeping people informed at all levels. I am praised often for my communication skills, which include listening, public speaking, writing and editing, training, and interpersonal relationships with people of all ages, cultures and hierarchical levels. An example of a presentation is "How To Start A Business," for which I provide extensive notes in English and Spanish. https://mypersuasivepresentations.com/classes-how-to-start-business/. Seminars on many topics may be booked through my website or by calling me. You also may hire me to create/and or present new teaching or training projects!

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