Posted In: Business Transactions & Corporate Counseling
Business Blog: "If It Isn't Broke, Should You Fix It?"
By Patricia A. Gajda on May 7, 2021
How many times have you heard the old saying "if it isn't broke, don't fix it"? Sage advice. Perhaps. But not if you own a business. All too often a person forms his or her entity (corporation or limited liability company), fills out the documents and then never looks back. This can cause all kinds of problems for you down the road. So when it comes to your company, do not ignore it just because there has not been a problem. Perform a corporate checkup every couple of years to ensure that your company is on the right path....