Startup & small business law: business registration & more
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In this course you will learn why you need to register your business with the state, how to decide on what business entity to choose (LLC, S corp, C corp or something else), how to protect your intellectual property, basic employment laws, online privacy issues and much more.
You will also learn how to hire a good business lawyer to help you when you will need legal help.
As an entrepreneur, at one point or another, you will need to hire a lawyer. You will also have to understand many of the business law basics like issues with business registration, liability protection, entity types and more. This course will teach you all that and much more!
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|Section 1: Course and instructor introduction|
In this part of the legal training for small business owners, you get to know your instructors. Steve is an experienced New York state lawyer with over 10 years of experience practicing law, and Alex is a business owner just like you might be. In this course, Alex will also play the role of a journalist and try to ask additional questions when or if he feels that some additional information may be helpful.
This covers small business law for United States only, and no other country. Other countries may have processes that are somewhat similar, but they are almost never identical to how things are done in United States. So if you are outside the United States, you can still take this course to get an idea of how things might work, but it won't be an exact match for how things work outside United States. Additionally, you may want to take this course if you plan to do business in United States even if you are based outside the country.
|Section 2: Company formation|
Company formation section introduction
Difference between a partnership vs. shareholders vs. membersPreview
Member agreement vs. partnership agreement vs. shareholder agreement
What if a partner or member or shareholder wants to quit?Preview
Delaware registration: registering your business in Delaware vs. your own state
Different types of business insurance & how to decide if you should buy itPreview
How to dissolve a company if you need to close it
How to decide what business entity is right for you
Business bank account and maintaining other business formalities
Difference between an LLC and a corporation
What is a nonprofit?
Difference between a nonprofit and a for profit
|Section 3: How to hire a good lawyer|
How to hire a good lawyer section introduction
Different kinds of lawyers you can hire
What kind of lawyer do you need when you are just starting your business
Websites for looking up and finding lawyers
How much should you pay & how do you know if you are getting a good deal?
Hiring a single lawyer vs. going with a legal firm
Which credentials matter when looking for a lawyer
How to research a lawyers's disciplinary and ethics background
DIY (do it yourself options) - how to best use them and are they viable?
Hiring tips from Alex on how to find a lawyer that will be a good match for you
|Section 4: Patents|
Patent section introduction
Alex's case study of dealing with patents
What kinds of things can you patent
Patents within your overall business strategy
Client case study with patents #1
Client case study with patents #2
Examples of how big companies use patents
|Section 5: Social media use at work and online privacy|
Can you get fired from work for posting on social media when you are not at work
Prohibited reasons for which you can't be fired or let go from work
Understand: we may not be able to fully delete something after posting it online
How much should you realistically restrict your social media activities
When employers can't fire you if you are using their equipment for personal use
What does the law consider to be priavate and not
Internet privacy, NSA and Edward Snowden
|Section 6: Additional topics|
What to consider when deciding to hire employees vs. contractors
What is a cease and desist letter & what to do if you get one
Is it bad or risky to represent yourself in court?
How to minimize/decrease the risk of being sued
Which law applies
What should a typical website terms of service say
|Section 7: Conclusion|
Your opinion matters to me. I want to make sure you love the course
Bonus lecture: DISCOUNTS ON ADDITIONAL COURSES & RESOURCES
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 80 courses on Udemy with 60,000+ 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.