Tutorials

SB Informer Tutorials section is the most fascinating SB Informer Resource base. In addition to articles and tutorials, there are forums and tools, providing you the opportunity to give your reviews and opinion.

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Pre-Formation Contracts April 13, 2006 Ideally, the small business owner will sign a contract solely as an agent of his or her limited liability company (LLC) or corporation. If an agent ...

Indemnification Agreements April 13, 2006 Many business owners harbor a misconception concerning pre-formation contracts, which potentially could lead to one of the

Novations April 13, 2006 Even though pre-formation contracts can result in one of the contract exceptions to limited liability, not all is ...

Failure to Identify the Principal April 13, 2006 As a rule, in order to avoid one of the contract exceptions to limited liability, the party to a business contract should always be the principal (i.e.,

Failure to Sign Properly as an Agent of the Principal April 13, 2006 Inserting the name of the business entity as the party to the contract is necessary to avoid personal liability, but it is not sufficient by itself to avoid ...

Personally Guaranteeing the Business's Contracts April 13, 2006 In practice, personally guaranteeing the business's contracts will be a contract exception to limited liability that the small business owner will not be ...

Case Study: Properly Signing Contracts April 13, 2006 In order to avoid the contract exceptions to limited liability, a small business owner needs to take care in the way contracts are executed.