Small companies, even one-person entities, are entitled to the same tax and legal benefits of the large companies and firms. However, small companies are also held to the same standard of corporate governance as the large companies and firms. They still must observe corporate formalities: hold meetings, adopt resolutions, and record minutes. The best part is, those chores can be systematized without too much effort if you just know how it works – or someone who does. Better to start and maintain a systematic approach to writing resolutions and keeping minutes. Or, to get caught up with them now – before a crises.