LEGAL MATTERS YOU SHOULD KNOW ABOUT FOR YOUR SMALL BUSINESS

Send us Fan MailStart 2022 with a bang!! Make sure to review your existing business arrangements and legal requirements in 2022.  And if you are one of the many Americans contemplating starting their business, you must ascertain that your business is set up properly and that you know your rights as a business owner.My special guest, Michael Safren, a business lawyer from Washington State will help you understand the law as it relates to your small business.  Don’t miss this important live show because it is important to know and understand what you are getting into when forming your business entity.Here are some HIGHLIGHTS from this episode. 07:01 Common types of business entrepreneurs can choose from08:15 Value of a business entity08:46 Sole proprietorship09:13 Limited Liability Company (LLC)09:31 Corporation10:36 How do entrepreneurs choose the right entity for their business?11:55 Advantages of choosing a limited liability corporation12:41 LLC vs. S corporation 13:16 Tax implications for C Corporations 15:14 Understanding your tax regime16:15 The 4 Ds in business19:11 Buy and Sell agreement23:42 Understanding Business Contracts26:06 Do contracts have to be in writing?28:05 The Uniform Commercial Code (UCC)31:42 The scope of business lawSupport the showConnect with me:Instagram: https://www.instagram.com/thefinanciologist/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/@merginglifeandmoneyLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fmtq/take-the-quiz to take the "Discover Your Financial Mindset Type” Quiz, so you can start taking control of your financial destiny and transform your financial identity.Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.