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Easy Annual Meeting Minutes

2010 February 5

I recently developed a simple web-based tool for corporations to generate basic minutes for their annual shareholder meetings and annual board of director meetings.  I did this for two primary reasons:

  1. Over the years I have worked with a number of small corporation clients who have straight forward operations and very few (if any) organizational changes from year to year.  For example, companies with a few founder shareholders who have a steady business with little need for change.  I provide support with their annual shareholder and board of director meetings, but after years of familiarity with the process, several clients choose to handle their annual meetings on their own.  In many cases there is no need for them to pay me or anyone else to handle these largely ministerial tasks.
  2. I have been receiving more and more nervous calls from clients who receive “annual compliance” notices that appear come from a government agency and are designed to frighten companies into paying the unknown company to prepare annual compliance documents.  I know the Attorney General has gone after several such companies, but those notices keep coming.

So after a few months of tinkering, I recently unveiled my side project – www.MinutesGenerator.com.   This is not a solution for all companies. For many companies this tool will generate basic minutes for review and modification by me or another attorney.  However, for many small companies, this tool will serve the need for generating basic annual meeting minutes.

If you have a corporation, give it a try and let me know what you think.  Any comments or suggestions for improvement are welcome.

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