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Legal Issues Facing Your Home-Based Business

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An Overview presentation of Legal Issues facing a Home Based Business (This is not legal advice)("No representation is made that the quality of services to be performed is greater than the quality of legal services performed by other lawyers")

EmpresarialesEconomía y finanzas
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Legal Issues Facing Your Home-Based Business
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Choosing the Best Legal Entity for Your Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Choosing the Best Legal Entity for Your Business ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Proprietorship ,[object Object],[object Object],[object Object],[object Object]
General partnerships ,[object Object],[object Object],[object Object],[object Object]
Corporations ,[object Object],[object Object],[object Object],[object Object]
Limited Liability Companies ,[object Object],[object Object],[object Object]
Advantages & Disadvantages ,[object Object],[object Object],[object Object],LIMITED LIABILITY COMPANIES ,[object Object],[object Object],[object Object],[object Object],[object Object],CORPORATIONS ,[object Object],[object Object],[object Object],[object Object],GENERAL PARTNERSHIPS ,[object Object],[object Object],[object Object],[object Object],[object Object],SOLE PROPRIETORSHIP Ways to Overcome Disadvantages Major Disadvantages Major Advantages Type of Entity
What’s Good For You? GOOD Any # Allowed GOOD BEST LIMITED LIABILITY COMPANY WORST Any # Allowed GOOD GOOD STANDARD CORPORATION GOOD More than 1 Manager Required WORST WORST GENERAL PARTNERSHIP BEST Only with 1 Manager BAD BAD SOLE PROPRIETERSHIP EASE OF APPLICATION TAX CONCERNS NUMBER OF MANAGERS AMOUNT OF DEBT LIABILITY EXPOSURE
Getting Started (or Looking Back) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],There are still 30 Minutes Left in My Presentation . . . What Do You Think . . . .?
[object Object],[object Object],[object Object]
Insuring Your Home-Based Business ,[object Object],[object Object],[object Object],[object Object]
Types of Insurance Needed ,[object Object],[object Object],[object Object]
Property Insurance ,[object Object],[object Object],[object Object],[object Object]
Liability Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Interruption Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Legal Issues Involving Employees ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Contracts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
GOING TO COURT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Legal Issues Facing Your Home-Based Business

  • 1. Legal Issues Facing Your Home-Based Business
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  • 10. What’s Good For You? GOOD Any # Allowed GOOD BEST LIMITED LIABILITY COMPANY WORST Any # Allowed GOOD GOOD STANDARD CORPORATION GOOD More than 1 Manager Required WORST WORST GENERAL PARTNERSHIP BEST Only with 1 Manager BAD BAD SOLE PROPRIETERSHIP EASE OF APPLICATION TAX CONCERNS NUMBER OF MANAGERS AMOUNT OF DEBT LIABILITY EXPOSURE
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