This document provides an overview of important business basics for starting, running, and growing a business. It discusses three sample startup types, choosing a business location, assembling a professional team including lawyers and accountants, establishing a legal entity and business name, addressing intellectual property and tax issues, and ensuring ownership and responsibilities are agreed upon in writing between partners.

1. Business Basics
Start, Run & Grow Your Business

2. This Session
■ Range of startups, 3 sample types
■ Locations
■ Professionals on your team
■ Startup names and business names
■ Legal entities: corporation etc.
■ Buy-sell agreements, working with partners
■ Intellectual property
■ Taxes and such

3. Types of Startups
3 SAMPLE CASES

4. Graphic Artist

5. The Restaurant

6. High-Tech Consumer Product

7. Your Business Location
Image: Pexels.com

8. Your Business Location

9. Your Business Location
Image: Pixabay.com

10. Find a Business Lawyer

11. Find a CPA
Image: Wikimedia Commons

12. Names and Legal Names
Image: MaxPixel.com Image: Wikimedia Commons

13. Lawyers & Legal Entities
● DBA
● Corporation
● LLC
● Partnership
Image: howtostartablogonline.net

14. Discuss, Understand, Agree
■ Ownership %
■ Buy-Sell
■ Who does what

15. Get it All Down on Paper!

16. Beware of Sweat Equity
Image: Pixtabay.com

17. “Intellectual” Property
©
®

18. Patents For Inventions

19. Copyright for Creative Works

20. Trademarks for Branding

21. It’s a Lot About Taxes