© 2008 Rosenbloom Law Group LLC Legal Issues in Entrepreneurship: Advice From the Trenches Jack A. Rosenbloom, Esq. Rosenbloom Law Group LLC January 14,

Slides:

Advertisements

Similar presentations

8 Great Mistakes Entrepreneurs Make John M. Mutkoski David V. Cappillo Michael H. Bison March 24, 2009 Rhode Island Business Plan Competition ©2009. Goodwin.

Advertisements

DO YOU WANT TO BE AN ENTREPRENEUR?. WHAT IT TAKES Starting your own business may sound exciting, but it is not something to take on lightly. Do some soul.

Legal Issues in Entrepreneurship: Choice of entity Laura L. Hollis, JD Director, Gigot Center for Entrepreneurial Leadership Mendoza College of Business.

STRUCTURING YOUR COMPANY DAY ZERO Gregory H. Teufel, Esq. Member, Eckert Seamans Cherin & Mellott, LLC Pittsburgh.

Chapter 6: Business Ownership and Operations

Copyright © 2009 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin.

Choosing the Best Business Structure. Choosing the Legal Structure of Your Business Sole Proprietorship Partnership Limited Liability Company Corporation.

Excellency in a business plan Business concept Management team Financing Keys to success Understanding of challenges.

Choosing the Best Business Structure

Farm Business Arrangement Alternatives AAE 320 Based on work of Philip E. Harris Center for Dairy Profitability Dept. of Agricultural and Applied Economics.

Rebecca Maddox To start an entrepreneurship is not difficult. First you need to know what kind of business you want to start. In this case I’m going.

Back to Table of Contents

Types of Business Ownership

Sole Proprietorship and Partnership

The Main Idea Entrepreneurs need to understand the advantages and disadvantages of various types of businesses so that they can choose the one that best.

“A Complete Discussion of Legal Forms of Ownership”

B. OVERVIEW OF SMALL BUSINESS 3.00 Explain the legal environment of small business Compare forms of business ownership. (The logos used in this PowerPoint.

Self-Employment and Entrepreneurship. Advantages/ Disadvantages of Self- Employment Advantages 1)Independence 2) Pride of ownership Disadvantages 1)time.

Selecting A Form of Business Ownership

California Law March 18 Business Organizations Intellectual Property Paralegal Profession.

CHOICE OF ENTITY THE TAX DECISION Clare G. Cole CPA Adapted by Massachusetts Small Business Development Center.

Vocabulary Terms Ch #7, Types of Businesses

SECTION III. “ Funding Your Buy-Sell Agreements and Key Man Coverages” Presented by Cohen Partners LLC: Mark Isack, CFP®, ChFC.

The Transaction of a Lifetime Strategies for Planning Your Sale or Transfer.

Types of Business Ownership

Types of Business Ownership

Place Slide Title Text Here ©2013 John Wiley & Sons, Inc. All rights reserved. 6-1 ©2013 John Wiley & Sons, Inc. All rights reserved. JOHN R. SCHERMERHORN,

Management 11e John Schermerhorn Chapter 6 Entrepreneurship and New Ventures.

Entrepreneurship Mr Farrar. Describe the different forms of business Analyze and propose the best form of business for a desired business opportunity.

Some Major Legal Aspects of Real Estate Investment Using the Law and Lawyers to Maximize your Benefit and Minimize your Risk Eduardo R. Arista, CPA, Esq.

For producer or registered representatives use only. Not for use with clients. funding life insurance with RMDs... really Frank Hennessey, ChFC, LUTCF.

ETHICS AND THE PHA KEEP ME OUT OF TROUBLE !!! AN INTRODUCTION.

BUSINESS SUCCESS THROUGH GETTING YOUR PEOPLE TO GIVE THEIR BEST.

Module 2 Business Overview. 2Aboriginal Banking Module 2: Business Overview Table of Contents: >Types of Business Ownership >Risk or Opportunity >Tips.

Chapter 16 Types of Business Ownership

Entrepreneurship: Owning Your Own Business

Patterns of Entrepreneurship

Financial Concepts.

Resource Allocation and Management.  Recognize potential benefits of seeking expert advice and search it out whenever there is a gap in knowledge or.

Entrepreneurship Ownership Types. Sole Proprietorship A business owned and operated by one person 70% of US businesses are operated by sole proprietors.

Entrepreneurship: Starting and Growing a Business Chapter 5.

Human Resources BDI3C. TO FIND THE RIGHT PEOPLE ask:  What needs to be done?  What can I do myself?  What can be done by people who are already on.

MATH 1050 GROUP ASSIGNMENT JOSEPH ROBINSON Buy A Home?

The United States Economy. Our System The U.S. Economy is a mixed-market economy. It is based on: free markets private property profit competition consumer.

Create a system for maintaining personal financial records. Learning Objective # 2.

Business Organizations

CHAPTER 16: TYPES OF BUSINESS OWNERSHIP

Women and Minorities in Business & Entrepreneurship By Trevor, Jimmy, and Jason.

Copyright 2013 Jack M. Kaplan & Anthony C. Warren Setting Up the Company Patterns of Entrepreneurship Management 4 th Edition, Chapter 6 Getting Started.

Principal Life Insurance Company Individual Disability Income Insurance Presented By: Name Title.

Types of Business Ownership Sole Proprietorships Partnerships Corporations.

BUS 212 RM&I I Spring 2006 copyright, SJH Minimizing the Risk of Operating a Small Business Through Risk Management… …and next week: Insurance.

Copyright © 2015 Pearson Education, Inc.

Financial Literacy Vocabulary Brice Holmes. Business The buying and selling of goods in order to make a profit.

Types of Business Ownership Glencoe Entrepreneurship: Building a Business Sole Proprietorships and Partnerships Corporations 7.1 Section 7.2 Section 7.

The Legal Checklist for a Successful Business Launch Matthew Donahue Eno Martin Donahue, LLP

Unit 4 Types of Business Ownership. Sole Proprietorship Easiest & most popular form of business to create Business that is owned and operated by one person.

Business Ownership Structures

B. OVERVIEW OF SMALL BUSINESS 3.00 Explain the legal environment of small business Compare forms of business ownership Franchises & Family Owned.

B. OVERVIEW OF SMALL BUSINESS 3.00 Explain the legal environment of small business Compare forms of business ownership. (The logos used in this PowerPoint.

FIRST STEP: Write a Business Plan. SECOND STEP: Choose a Business location. THIRD STEP: finance your Business. FOURTH STEP: Determine the Legal Structure.

Entrepreneurship CHAPTER 7 SECTION 2.  Corporation – business that is registered by a state and operates apart from its owners. 1.Ownership or equity.

Entrepreneurship and Business Ownership. Entrepreneurship.

Types of Business Ownership Back to Table of Contents.

STARTUP LEGAL 101. THE 8 STEP START LEGAL CONSIDERATIONS WORKSHOP INCLUDES: Overview of how to start a company. Examples of legal documents/usage. Where.

Patterns of Entrepreneurship

Types of Business Structures

Chapter 33 entrepreneurial concepts Section 33.1 Entrepreneurship

Laws, Regulations & Ethics

Entrepreneurship in Africa

Presentation transcript:

© 2008 Rosenbloom Law Group LLC Legal Issues in Entrepreneurship: Advice From the Trenches Jack A. Rosenbloom, Esq. Rosenbloom Law Group LLC January 14, 2008 Drexel University Laurence A. Baiada Center for Entrepreneurship in Technology

© 2008 Rosenbloom Law Group LLC Background/Framework Overview Background “From the Trenches” Workshop Structure Case Study: Automotive Production Technologies Incorporated

© 2008 Rosenbloom Law Group LLC The Abbreviated Entrepreneur’s Life Cycle

© 2008 Rosenbloom Law Group LLC The Idea What is it? Is it original or novel? How can we protect it? –Intellectual Property Protections Major or sole asset in technology company Who created it? Who owns it? How much will it cost? Who should help us?

© 2008 Rosenbloom Law Group LLC So You Have an Idea, Now What? Should we form a company? If so, what type? Where should we form the Company? Who owns the Company? How should we divide ownership and management responsibility? Should we think about what happens if we don’t get along?

© 2008 Rosenbloom Law Group LLC Great, We have a Company, Now How do we run it? Should we assemble a team? If so, how can it be structured? What do we have to worry about on a day- to-day basis? When we hire employees or consultants, what should we do? How can we protect ourselves from litigation?

© 2008 Rosenbloom Law Group LLC Our Company is Running….Out of money! Where can I find money? Where can I find help from quality people without money? What should I look out for when structuring investments in my Company? What is the value of my company, and how much should I be willing to give away?

© 2008 Rosenbloom Law Group LLC We’re making money, what do we have to worry about? Someone has a product that looks a lot like ours. What should we do? We’ve been approached by a company looking to acquire us. How should we handle it? Now that we have money, how do we pay less in taxes? Don’t worry we have insurance. What, I don’t need Estate Planning!

© 2008 Rosenbloom Law Group LLC We’re Not Entrepreneurs Anymore Benefit Plans Policy Manuals Executive Employment Transition from small to large Is it time to move on? Most serial entrepreneurs think so!

© 2008 Rosenbloom Law Group LLC Conclusion What are some of your issues?

© 2008 Rosenbloom Law Group LLC CASE STUDY AUTOMOTIVE PRODUCTION TECHNOLOGIES INC.