Description

We get a lot of recurring questions on what to do post-incorporation. While the work we do to set up our businesses and incorporate them is extremely important, there is still much to do afterward. For those of you who are confused or lost in this area, today’s episode will be very helpful. 

In this episode, I speak with one of our corporate counsel here at CGL, Danielle Simmons. Her practice focuses on general corporate governance, venture financing, and mergers and acquisitions. In our conversation, we address all of the post-incorporation action items founders need to take into consideration and put into practice.

If you have ever sent us a question on this topic or even wondered what must be done post-incorporation in your business, tune in to learn all about it today. 

In this episode, you will hear:

• A bit of context on what the incorporation process entails.
• The legal side of post-incorporation action items.
• Tax considerations during the post-incorporation process.
• How to navigate everything that goes into employee identification numbers, insurance, and other general corporate governance items.
• Why it is so important to open a separate business bank account. 
• How founders should think about consultants post-incorporation.
• The benefits of creating business contracts and commercial agreements right from the beginning.
• How to best generate your business forms.
• Why you should bring someone onto your team who is sophisticated in finance and tax and who understands your business as early as possible.

Subscribe and Review

Have you subscribed to our podcast? We’d love for you to subscribe if you haven’t yet. Each week, we share authentic discussions with business leaders where they flesh out substantive issues while also getting deeper into their stories. We’ll dive into conversations on the fusion of business and humanity, success and authenticity, and the challenges of balancing life and work, in addition to regularly sharing legal updates and substantive content.

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If you really enjoyed this episode, we’ve created a PDF that has all of the key information for you from the episode. Just go to our podcast page at https://cgl-llp.com/podcast/ to download it. 

Supporting Resources:

https://cgl-llp.com/

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

Find out more at https://emeraldcitypro.com