There are many regulations that apply to the operation of a corporation. The Owner or Director has the duty to ensure the Corporation is being operated properly. Correctly establishing the corporation is similar to the beginning of any business operation. Determining the correct corporate entity is the first step to success. Correctly operating the corporation from the beginning is of the utmost importance. Whether an ongoing corporation is successful or going through difficult times, the correct legal strategy is necessary to avoid as many potential or actual problems as possible.