
Explore how law uses precedent and statutes, with blackwater rules guiding analysis of facts, mens rea, and actus reus, and evolves with social values from speed limits to marriage equality.
Explore the foundations of U.S. law from English common law and precedent to the Constitution and amendments, and learn how statutes and regulations become enforceable law.
Understand how the U.S. court system operates across federal and state levels, from district and appellate courts to the Supreme Court, including jurisdiction, the appeals process, and specialty courts.
Discover how constitutional law shapes business operations, from the 14th and commerce clauses to free speech and trademarks, and how federal and state rules impact hiring, benefits, and business relationships.
Choose a general business attorney wisely before you need one, prioritize attorney-client privilege and work product, leverage referrals, understand fees, and establish clear expectations and communication from the first meeting.
Explore the sole proprietorship, the easiest form to start with minimal paperwork and no investors, but it carries unlimited personal liability, and you file Schedule C, self-employment tax, and FICA.
Explore how partnerships function as extensions of owners with unlimited personal liability. Learn about pass-through taxation via Form 1065 and K-1, and the central role of a detailed partnership agreement.
Explore the limited liability company (LLC), a flexible, legally separate entity offering limited personal liability, tax flexibility, and low formalities through member-managed or manager-managed structures, with an operating agreement.
Explore professional services entities and how limited liability structures protect a practice from malpractice liability, while personal liability can still reach the professional; learn tax treatment and insurance implications.
Explore buying an existing business, compare entity sale and asset sale, and perform due diligence, review contracts, employee agreements, and closing protections, tax and liability considerations.
Learn the legal and risk management basics of commercial leases for entrepreneurs, covering base rent, cam, improvements, audits, parking, use restrictions, and pre-signing negotiation.
Discover how business insurance transfers risk from you to an insurer through premiums and a large risk pool, safeguarding against major losses with property, general liability, and workers compensation coverage.
Navigate employee versus contractor classifications and exempt versus nonexempt status, applying federal hiring laws, including Title VII and the Genetic Information Act, with interviews, background checks, and job descriptions.
Explore key federal and state employment laws that protect employees, including minimum wage and overtime under FLSA, anti-discrimination acts, OSHA, FMLA, COBRA, ACA, and workplace environment practices, including exempt rules.
Navigate employee terminations within at-will and contract frameworks, comply with anti-discrimination laws, and apply best practices like face-to-face dismissal with a witness, final pay, and COBRA.
Develop a credit policy to manage accounts receivable and determine payment terms. Learn when to accept credit cards or checks and how to safeguard against bad checks.
Develop and enforce a credit and collections policy, outlining contact strategies, dunning letters, and when to sue or write off, while navigating Fair Debt Collection Practices Act and bankruptcy stays.
Explore contracts basics, including offer, acceptance, and consideration, and examine capacity, statute of frauds, contract types, and remedies for breach.
Identify express and implied waivers and beware blanket non waiver clauses. Understand how waivers affect damages, jury trials, arbitration, and security interests, including UCC filings and liens.
Learn the UCC article two framework for the sale of goods, including writing requirements, battle of the forms, perfect tender, risk of loss, and remedies.
Identify breach, partial or full, and time is of the essence in a contract dispute. Weigh ADR or lawsuits, and choose remedies as compensatory damages, liquidated damages, or specific performance.
Analyze how tax nexus, recordkeeping, and entity choice drive federal and state taxes for businesses, with guidance on Schedule C, K-1, W-2, 1099, and avoiding hobby losses.
Explore state and local tax (salt) complexities, including income, franchise, and business license taxes, sales and use taxes, nexus, audits, and the essential need to collect and remit tax.
Navigate tax audits by staying organized, responding accurately, and engaging qualified representation to protect your rights. Be cooperative but not abusive; anticipate questions and avoid guessing to resolve notices efficiently.
Unpack how discovery, subpoenas, and electronic discovery uncover real, testimonial, demonstrative, and documentary evidence, with depositions, interrogatories, affidavits, and privileges shaping admissibility.
Explore how criminal and civil law apply to business, including key standards of proof, duties of prosecutors, corporate crime, common business offenses, and practical internal controls to prevent fraud.
Identify common scams such as fake vendors, fake invoices, and phishing. Rely on vendor approval and validation; ensure a three-part set of purchase orders, receipts, and invoices before payment.
Start retirement planning early by using qualified plans such as 401k, IRA types (SEP IRA, SIMPLE IRA), and ESOP, balancing tax benefits, vesting, and creditor protection.
Going public is rare and costly, with about two million dollars in hard costs, extensive SEC disclosures via S-1 filings, and Sarbanes-Oxley compliance.
Learn how bankruptcy governs businesses and individuals, including chapter 7 liquidation and chapter 11 reorganization. Explore automatic stays, workouts, and discharge processes.
Lawyers are expensive and the law is complex. What would you give for an overview of the law, with examples of where you can do it yourself, for just a fraction of that cost?
At the end of the course, you should now be able to define from a legal perspective:
• Your business
• What legal form your business took and why
• Your Code of Ethics
• The major risks your business faces
• How you manage those risks from a legal and insurance perspective
• What types of agreements and contracts you expect to need
• Your exit strategy
• Where you will bring in a lawyer and where you will do it yourself
This course will provide a basic introduction to many of the elements of the law that any manager, entrepreneur or business owner should know, including:
How to hire a lawyer and when it is best to use one
The U.S. Legal System
The U.S. Court System
Starting a business
Registration and licensing
Buying a business
Franchise agreements
Commercial leases
Insurance
Home based businesses
Hiring and firing
Employment law
Consumer protection
Credit and collections
Business contracts
The Uniform Commercial Code (UCC)
Contract disputes
White collar crime
Scams and frauds
Federal, state and local taxes
Tax audits
Business codes of ethics
Business entities like LLC. Corporations, Partnerships
Selling your business
Retirement and estate planning for your business
Going public
Bankruptcy and workout
Constitutional Law
Property Law
Civil Lawsuits
Evidence
Torts
Criminal Law
You'll end up with enough information to help you find the right lawyer, ask the right questions, and save yourself some money. Taught by a seasoned lawyer, entrepreneur and executive with over 25 years of practical business experience, you'll get a broad exposure to issues and ideas that will help you and your business.