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In this course you will learn why it is important to register your business with the state, how do register your business correctly, and how to choose the business entity (LLC vs corporation).
By the end of the course you will have a great idea of which business entity is right for you, be able to register it on your own, and do what is necessary to keep your business in good standing with the state in which it is registered. This will give you liability protection and protect your personal assets.
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|Section 1: Course introduction|
Course and insructor introductionPreview
Disclaimer: this course covers United States law ONLYPreview
|Section 2: Company formation|
Registering your business & liability protection
Difference between a partnership vs. shareholders vs. members
Member agreement vs. partnership agreement vs. shareholder agreementPreview
What if a partner or member or shareholder wants to quit?
Delaware registration: registering your business in Delaware vs. your own statePreview
Different types of business insurance & how to decide if you should buy it
How to dissolve a company if you need to close it
How to decide what business entity is right for you
What to consider when deciding to hire employees vs. contractorsPreview
Business bank account and maintaining other business formalities
Difference between an LLC and a corporation
What is a nonprofit organization
Difference between a nonprofit and a for profit
|Section 3: Conclusion|
I want to hear from you. Please post questions and start community discussions
3-time best selling Amazon author, creator of top entrepreneur mobile apps, and host of a popular business and marketing channel on YouTube.
I am the creator of the Problemio business apps which are some of the top mobile apps for planning and starting a business with 1,000,000+ downloads across iOS, Android and Kindle.
I am also an author of three business books (marketing to reach 1,000,000 people, on starting a business, and on the mobile app business).
I am also a business coach. On my apps and in my private coaching practice I have helped over 1,000 entrepreneurs. That means I can probably help you quite a bit as well.
My areas of expertise are mobile apps, software engineering, marketing (SEO and social), and entrepreneurship.
I created over 100 courses on Udemy with 75,000+ students by whom I am humbled and who I try to help any way I can!
I bring nearly 10 years of legal experience to the table and can help you understand the difference between an LLC and a Corporation. I have drafted and reviewed the documents of formation, such as LLC Agreements, Shareholder Agreements, etc. I have also counseled individual clients in fee and salary negotiations as well as employment agreements.
Aside from the above, I have represented clients in business disputes, employment law matters and other litigation matters. These representations have included breach of contract and breach of fiduciary duty matters; and matters involving violation of federal and state employment laws. Most importantly, I have been able to achieve results for clients winning a number of cases on summary judgment, motions to dismiss and post-hearing briefs after administrative hearings. This experience has taught me that the most economical way to settle disputes is to stay out of court. Yet, sadly, when anyone can sue you for anything, you have to be prepared.
Prior to entering the practice law, I worked for MCI as well as a start-up company (FiberNet Telecom Group formerly FTGX on NASDAQ) managing cost, financial and pricing data for large-scale satellite and terrestrial network build-outs. While with MCI, my responsibilities included interfacing with top management, with customers as well as within MCI particularly with the drafting of the annual revenue plan and evaluation of prior year plan to actual revenue analysis. I also consistently interacted with customers to assess their on-going technological needs drafting pricing proposals for modifications to main contracts.
These two facets of my career offer to clients the unique perspective of understanding both the legal and business implications of any legal conundrum.