It's a given – or should be – that your business is formally incorporated. And if it isn't, go back and read the October 2010 column that directly addresses why it should be.
Incorporating can help ensure that in times of trouble your personal assets are secure even when your business assets are under threat. But that's not enough.
Once incorporated, you need to employ the best practices to keep your corporate status intact. That's because courts and regulators can sometimes find reasons to wipe it out.
Lawyers call it "piercing the corporate veil." When it
