When Minute Books Can Be Spooky

I was talking to a business owner friend the other day and he asked me to review his minute book to see what needed to be done.

I asked him “When was your company filed?”

“In 2010,” he said, “and I’m pretty sure I’m missing some minutes…”

So I opened his minute book and that is when I got a surprise

(cue spooky music here)….

Inside his book, he had his Operating Agreement (a good first sign), but it wasn’t signed, there were no minutes at all…not even his Organizational Meeting, and the certificates were blank.

It is something we see a lot unfortunately: a client gets their Minute Book and then promptly puts in on the shelf.

I asked him, “Why haven’t you done any minutes, or even signed these documents that ARE done?”

And the answer he gave was typical: “I didn’t KNOW that I needed to do anything!”

That IS spooky! A Minute Book needs some attention and care to keep it up. And that’s why I’m sending a simple (not scary) reminder to take a look at yours and get that book up to date!!

If you’re not sure what needs to be documented, click here to review our simple checklist. If you need help, click here to learn more about our service.

No tricks, just treating you and your minute book right!

 


Leave a Reply

Your email address will not be published. Required fields are marked *