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[Music] foreign [Music] ERS today we are going to dive into an essential element of starting your own corporation which might not seem glamorous but is absolutely critical to your businesss success corporate bylaws before we get started please give this video a like press the Subscribe button and ring the notification Bell so you can stay in the loop about crucial information that can benefit your business when we talk about corporate bylaws we are discussing the rules and regulations that dictate how a corporation is governed and operated think of them as the companys internal handbook corporate bylaws are not a government-mandated document but they are nonetheless important for instance over 75 percent of legal disputes in small to medium-sized Enterprises relate to ambiguities that could have been cleared up in well-crafted bylaws bylaws typically cover topics such as the structure of the company details about the board of directors shareholder meetings and procedures for modifyin