Are you a C-Corp, S-Corp or an LLC?
If you are a C or S-Corp, you have corporate responsibilities that need to be addressed at least annually. You need to have an annual meeting where directors are elected: President, Vice-President, Secretary and Treasurer. If you are a one-person operation, you probably hold all of those positions.
There is noting wrong with that. But you should be documenting this meeting and the election for your permanent books and records.
I also suggest that you review the prior years goals and achievements, along with the comparative financials. Make all of this part of your corporate books and records as well.
Then there are the goals and measurements that you are planning to hit in the next fiscal year; those should be included in your books and records. These are documents that you will also be utilizing throughout the year to see if you are achieving the goals and measurements, if not then the modifications that are being made and the adjustment of the goals.
Also think about the major spending plans and their timeline, this should probably be included as well.
So, we have the election of officers, review of the prior year financials to the goals and measurements achieved. The long-term spending plan on machinery, growth, equipment, computers, website, facilities, etc. We also have the next years goals outlined and a plan to achieve those goals. Who wouldn’t want to have those documents in place. I would expect most of these things to be done in a well run LLC as well.