

#Keep the minutes how to
But what about practicality,” Well, let’s take a look at how to keep effective meeting minutes in your own company. And if you’re saying, “Justin, that’s great.
#Keep the minutes update
As an LLC, you are required to file an annual report with the state to update them on ownership and contact information.

However, it is always good to keep them even if it isn’t required to protect your company. If you’re operating under the banner of a Limited Liability Corporation (LLC.), you are never required to keep minutes. Now, you should consult your own legal counsel to confirm that nothing has changed within your state laws, but my understanding at the time of this writing is that those states do not require meeting minutes. The states that don’t require meeting minutes as a part of corporate records are Delaware, Kansas, Nevada, North Dakota, and Oklahoma. If you’re operating as an S Corporation or a C Corporation, you’re required to keep meeting minutes in most states. So, now that we all what meeting minutes are, who’s required to keep them? Who Is Required to Keep Meeting Minutes? This includes who was in attendance, topics discussed, decisions made, votes taken, etc. They help inform people who weren’t in attendance to understand what went on during the meeting. The term comes from the Latin phrase, “minuta scriptura.” This literally means “small writing” or, in a more modernized term, “rough notes.” They exist to keep an official account of what takes place in your business’ meetings. 09:04 – What Do You Do With Your Minutesīefore we get into the “how,” I want to take a moment to explore the “what.” What is a minute? Obviously, it is a measurement of time, but what is a minute in the context of minutes of meeting? You see, I’m a curious person by nature, and I always enjoy a little history lesson.03:05 – What Should be Included in Meeting Minutes.01:54 – Who is Required to Keep Minutes.00:46 – How to Keep Effective Meeting Minutes.That’s why today’s entry is all about how to keep effective meeting minutes.įollow Along With The Financially Simple Experience! However, the idea of keeping minutes of meeting records can be a little confusing to some. In many cases, you’re required to keep a record of your meeting minutes. Work with the Financially Simple Advisor TeamĪs business owners, we often have meetings with our team, board members, investors, etc.Your Baby’s Ugly – Growing Business Value.
#Keep the minutes series
