On this video I'm talking about the business books that contain all the important documents that help you control and manage ownership and equity of your business. These books are considered the legal books of the corporation or LLC. And they should contain all your legal, tax, and ownership documents and the trail of all stock issues and transfers.
Knowing this info is highly valuable if and when you are doing small business and using corporations and LLCs for it. But overall, it does not hurt to know about it and have a brief orientation of how these things work because you might run in to somebody that needs this information.
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