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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Course Curriculum
Course introduction
- Course and insructor introduction (0:54)
- How to use the discussion to get my personal feedback for you and your business (1:17)
- Disclaimer this course covers United States law ONLY (0:39)
Company formation
- Registering your business liability protection (3:05)
- Difference between a partnership vs. shareholders vs. members (4:56)
- Member agreement vs. partnership agreement vs. shareholder agreement (3:12)
- What if a partner or member or shareholder wants to quit (4:46)
- Delaware registration registering your business in Delaware vs. your own state (5:45)
- Different types of business insurance how to decide if you should buy it (6:16)
- How to dissolve a company if you need to close it (2:16)
- How to decide what business entity is right for you (5:55)
- What to consider when deciding to hire employees vs. contractors (8:30)
- Business bank account and maintaining other business formalities (2:36)
- Difference between a n LLC and a corporation (5:13)
- What is a nonprofit organization (4:41)
- Difference between a nonprofit and a for profit (6:18)
Conclusion
- I-want to hear from you. Please post questions and start community discussions (1:58)
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