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]

Legal Issues Facing Your Home-Based Business

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