Starting Up: Legal Aspects for Consideration
•Download as PPT, PDF•
0 likes•784 views
This slide deck was presented by Sharanya Ranga, Universal Legal at the TiE Institute Knowledge Series session for Startin Up in Aug 2010, hosted by TiE Mumbai
Report
Share
Report
Share
![[object Object],[object Object],[object Object],[object Object],[object Object],Legal Strategies](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
Startup & Small Business Presentation (2015)
This document provides an overview of legal issues for startups and small businesses. It discusses entity choice including sole proprietorships, partnerships, corporations and LLCs. Key considerations for each entity type are summarized such as liability, taxation and formation process. The document also covers other legal topics such as licenses, insurance requirements, contracts and succession planning.
Week 12
This document discusses different legal forms of businesses including sole proprietorships, partnerships, and corporations. It provides advantages and disadvantages of each structure. It also summarizes the key components of a business plan including an executive summary, business strategy, marketing strategy, operational plan, and financial forecasts. The document notes that financing options for businesses include personal funds, bank financing, government grants, angel investors, and venture capitalists.
SEC Filings by Jimmy Gentry
The document discusses the role and history of the Securities and Exchange Commission (SEC). It was created in 1929 after the stock market crash to restore confidence in markets. The SEC aims to protect investors, maintain fair and orderly markets, and facilitate capital formation. It requires certain companies to file annual and periodic financial reports to provide transparency to investors. The document outlines various forms such as 10-K, 8-K, 10-Q that are filed with the SEC to disclose important company information.
Accounting for Different Business Entities
The document discusses different types of business entities including sole proprietorships, C-corporations, S-corporations, partnerships, and limited liability companies. It provides an overview of the legal and tax considerations for each entity type, such as formation requirements, tax treatment, advantages, and disadvantages. The document also includes examples analyzing reasonable compensation and partnership tax issues.
Running a Small IT Consulting Firm
BDPA Charlotte chapter hosted Jan 2010 program meeting on the topic, "Running a Small IT Consulting Firm". The speaker was John Hoffler. This is the .ppt presentation that Mr. Hoffler used for his presentation.
Integrated Risk Planning
This presentation was for financial planners and insurance professions on risk planning concepts including trusts, business entities and estate planning strategies.
Early Stage Venture
Garland Brown, an attorney with GreenBerg, Traurig, LLP discusses fundamentals of organizing, funding and IP for startup technology companies. See www.danlistens.com for other notes.
Startup Legal Issues
The document discusses key legal issues for business start-ups presented by Jim Chester of Chester/Associates law firm. It identifies four topics for start-ups to address: legal restrictions and permits; entity type selection such as LLC or corporation; intellectual property protection through trademarks, copyrights and patents; and developing basic legal documents including contracts and agreements. Failure to adequately address these legal issues early can cause significant problems for new businesses later.
Recommended
Startup & Small Business Presentation (2015)
This document provides an overview of legal issues for startups and small businesses. It discusses entity choice including sole proprietorships, partnerships, corporations and LLCs. Key considerations for each entity type are summarized such as liability, taxation and formation process. The document also covers other legal topics such as licenses, insurance requirements, contracts and succession planning.
Week 12
This document discusses different legal forms of businesses including sole proprietorships, partnerships, and corporations. It provides advantages and disadvantages of each structure. It also summarizes the key components of a business plan including an executive summary, business strategy, marketing strategy, operational plan, and financial forecasts. The document notes that financing options for businesses include personal funds, bank financing, government grants, angel investors, and venture capitalists.
SEC Filings by Jimmy Gentry
The document discusses the role and history of the Securities and Exchange Commission (SEC). It was created in 1929 after the stock market crash to restore confidence in markets. The SEC aims to protect investors, maintain fair and orderly markets, and facilitate capital formation. It requires certain companies to file annual and periodic financial reports to provide transparency to investors. The document outlines various forms such as 10-K, 8-K, 10-Q that are filed with the SEC to disclose important company information.
Accounting for Different Business Entities
The document discusses different types of business entities including sole proprietorships, C-corporations, S-corporations, partnerships, and limited liability companies. It provides an overview of the legal and tax considerations for each entity type, such as formation requirements, tax treatment, advantages, and disadvantages. The document also includes examples analyzing reasonable compensation and partnership tax issues.
Running a Small IT Consulting Firm
BDPA Charlotte chapter hosted Jan 2010 program meeting on the topic, "Running a Small IT Consulting Firm". The speaker was John Hoffler. This is the .ppt presentation that Mr. Hoffler used for his presentation.
Integrated Risk Planning
This presentation was for financial planners and insurance professions on risk planning concepts including trusts, business entities and estate planning strategies.
Early Stage Venture
Garland Brown, an attorney with GreenBerg, Traurig, LLP discusses fundamentals of organizing, funding and IP for startup technology companies. See www.danlistens.com for other notes.
Startup Legal Issues
The document discusses key legal issues for business start-ups presented by Jim Chester of Chester/Associates law firm. It identifies four topics for start-ups to address: legal restrictions and permits; entity type selection such as LLC or corporation; intellectual property protection through trademarks, copyrights and patents; and developing basic legal documents including contracts and agreements. Failure to adequately address these legal issues early can cause significant problems for new businesses later.
Running an IT Consulting Firm
Date: 1/21/2010
Topic: Running a Small IT Consulting Firm.
Presenter:
John Hoffler, CIO, BDPA Charlotte
How to Start a Small IT Consulting Firm
1. The document discusses various considerations for starting a small IT consulting firm, including collaborating with co-founders, choosing a business entity type, and initial corporate organization. 2. It examines different business entity types like limited partnerships, limited liability partnerships, and corporations. 3. The document also covers strategic planning, determining fees and rates, and pricing models like hourly billing rates and fixed price contracts.
Ask the Experts: Establishing your Business
Every business owner wants to be successful but where do you start? Review the slides that our experts presented, covering: the steps of building your business from the ground up; advice on laying the foundation for a successful future; financing using traditional and/or non-traditional funding, & the basics of ownership structures & co-ownership.
To view our video coverage of this event, open this link:
http://www.welchllp.com/resource-centre/videos/events/
Business Entities
The document discusses different types of business entities including sole proprietorships, partnerships, S corporations, and C corporations. It notes key factors to consider when choosing a business entity such as line of business, number of owners/investors, control and management structure, use of employees or contractors, financing needs, tax implications, and liability issues. The types of business entities vary in their requirements for formation, ownership structure, liability, management and control, taxation, and other attributes.
Corporate Formation - Business Law & Order Event Series
This presentation was given by Carrie Leahy of Bodman PLC, Russ Brown of R.D. Brown PLC and Jerry Grady of UHY Advisors.
When forming a business one of the first decisions an entrepreneur will make is choice of entity. This session will cover the possible legal structures for your business activities, including the advantages and disadvantages of each type of entity in terms of limited liability, management of the business, employee compensation and tax matters. Learn the basics of Corporate Formation and understand the pros and cons of incorporating in Michigan and Delaware.
StartPad Countdown 9 - Corporate Structures, Common Problems
The document summarizes various corporate start-up fundamentals including entity selection, corporate formation, founder ownership and equity for employees. It discusses establishing a corporation versus other entity types like partnerships. It covers how to issue stock, common vs preferred stock, employee equity through stock options, bridge financing, and some startup horror stories to avoid.
Nonprofit legal review
This document outlines the importance and benefits of conducting a legal review for nonprofits. It recommends reviewing key corporate documents, policies, intellectual property, insurance coverage, contracts, and educating officers and directors on their legal duties. A legal review identifies risks, develops policies and procedures to mitigate risks, and plans for how to respond if issues arise. This helps protect the organization, leadership, and achieve the nonprofit's mission in a legally compliant manner.
Introduction to Business Entities in Pakistan
The document provides a brief description of Legal Entities that could be incorporated in Pakistan to start a business and the merits and demirits of using each entity as a launch pad
The Corp vs. The LLC
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
Small Business Essentials
This document discusses key legal considerations and risk management strategies for small businesses. It recommends thoroughly reviewing corporate structure and compliance with applicable laws. Developing internal policies and procedures can help preserve assets and reduce liability, as can obtaining proper insurance. Maintaining accurate records, avoiding scenarios that could pierce the corporate veil, and having responses prepared for potential problems are also advised. Regular reviews of policies, agreements, and potential liability risks are suggested.
Chapter 35: Forms of Business Organization
This document discusses different forms of business organization including sole proprietorships, franchises, partnerships, corporations, and limited liability companies. It provides information on the advantages and disadvantages of each form as well as case studies discussing issues related to each type of business structure. The goal is to help readers understand the key factors involved in selecting the most appropriate legal form for a business.
Legal Issues For Not For Profits
This document summarizes a workshop on legal issues for not-for-profits. It discusses the statutory basis for non-profit corporations, directors' liability, and corporate liability. It compares charitable and non-charitable non-profits and outlines alternatives like incorporation and unincorporated associations. Directors' duties and standard of care are explained. Types of insurance like property, liability, and business loss policies are also summarized.
Securities and Exchange Commission Filings - Reynolds Week 2011
Securities and Exchange Commission Filings - Reynolds Week 2011Reynolds Center for Business Journalism
Jimmy Gentry on 'Securities and Exchange Commission Filings" at Reynolds Business Journalism Week, Feb. 4-7, 2011.
Reynolds Center for Business Journalism, BusinessJournalism.org, Arizona State University's Walter Cronkite School of Journalism. Legal Stuff Entrepreneurs Should Know
The document provides an overview of important legal topics for entrepreneurs including types of business entities, equity structures, intellectual property, employment issues, and contract basics. It discusses setting up different entity types like corporations and LLCs, defining ownership through shares or membership interests, and establishing governance. Key elements of contracts are outlined including describing work, payment terms, intellectual property ownership, confidentiality, representations, and dispute resolution procedures. Employment law compliance and taxes related to valuations are also covered at a high level.
Documentation Registration
Documentation provides a written record of ideas, systems, and products. It is important for reducing liability, mitigating risk, resolving disputes, and clearly defining roles and objectives. Key types of documentation include standard operating procedures, incorporation documents, shareholder agreements, intellectual property agreements, insurance agreements, licensing agreements, employment agreements, confidentiality agreements, and written contracts. Registration documents detail a public offering of securities, outlining a company's history, finances, management, and important facts for potential buyers.
Forensic Accounting Examination in a Minority Shareholder Oppression Case
Minority shareholder oppression cases often require a forensic accounting examination to document issues of oppression. Forensic accountants analyze company books, records, tax returns and conduct interviews to uncover patterns of behavior that contribute to oppression such as excessive compensation to controlling shareholders or restricting dividend payments. A valuation expert also typically calculates the fair value of the company since the controlling shareholders often try to buy back stock from minority owners at depressed prices below fair market value.
Alternative Entities
Selecting a new business entity type used to be straightforward — the corporation or the LLC.
However, in today’s fast-changing business market states are authorizing new statutory entity types to meet specific needs of business owners. That’s great, because the more choices available, the better your chances of finding a good fit for business owners’ and investors’ needs. But now you have more entity types to consider. How do you choose?
In this in-depth seminar, you’ll get acquainted with new entity types that are gaining in popularity and ascertain the key considerations when researching what entity type is best for your organization or client.
Business Add PPT!
The document discusses different types and classifications of business. It defines business and lists its key elements. It then summarizes different types of business classifications including by activity (industry, commerce, finance, services), size (micro, small, medium, large), and ownership (sole proprietorship, partnership, corporation, cooperative). It provides details on the characteristics, advantages, and disadvantages of each type of ownership. Other classifications and types discussed include franchising, mergers, and multinational companies.
Legal structures to attract investors and penetrate the global market
Private equity funding and global expansion require careful legal structuring and due diligence. Private equity involves providing equity capital to growing companies in exchange for ownership stakes. The process includes expressing interest, conducting due diligence on both parties, negotiating terms, and closing with signed agreements. Both companies and investors must research the other thoroughly. Expanding globally requires understanding foreign laws, choosing governing law for contracts, selecting the proper legal entity like an LLC or joint venture, and ensuring compliance with corporate governance rules. Careful legal and risk assessment is vital for attracting investors and penetrating new markets.
Alliances
Joint ventures and strategic alliances allow companies to grow in scale and capabilities with less risk than mergers or acquisitions. They involve partnerships that maintain autonomy for each organization while aligning long-term goals for mutual benefit. Key differences are that joint ventures create a separate legal entity to carry out specific projects for a set time, while strategic alliances do not form a new entity and generally have a more indefinite relationship.
Forms of Business
The document discusses various forms of business ownership including sole proprietorships, partnerships, corporations, and other structures. It considers factors like capital requirements, risk, control, taxes, and advantages/disadvantages of each structure to help determine what type of business is appropriate. Sole proprietorships are owned by one individual while partnerships have two or more owners. Corporations are separate legal entities that can attract more investors but involve more complex formation and governance. Other forms discussed include cooperatives, state enterprises, cartels, trusts, and holding companies.
Mitigating Risks Through Contracts - Poorvi Chothani
The document discusses legal risks associated with contracts and their mitigation. It defines what a contract is and highlights risks like ambiguity, lack of clarity around obligations, and inadequately defined terms. It then outlines strategies to manage these risks such as having lawyers draft contracts, defining scope of work and deliverables clearly, including liability limitations, dispute resolution clauses, and indemnification clauses. The document emphasizes the importance of reviewing contracts systematically to identify risks and ensure compliance.
More Related Content
What's hot
Running an IT Consulting Firm
Date: 1/21/2010
Topic: Running a Small IT Consulting Firm.
Presenter:
John Hoffler, CIO, BDPA Charlotte
How to Start a Small IT Consulting Firm
1. The document discusses various considerations for starting a small IT consulting firm, including collaborating with co-founders, choosing a business entity type, and initial corporate organization. 2. It examines different business entity types like limited partnerships, limited liability partnerships, and corporations. 3. The document also covers strategic planning, determining fees and rates, and pricing models like hourly billing rates and fixed price contracts.
Ask the Experts: Establishing your Business
Every business owner wants to be successful but where do you start? Review the slides that our experts presented, covering: the steps of building your business from the ground up; advice on laying the foundation for a successful future; financing using traditional and/or non-traditional funding, & the basics of ownership structures & co-ownership.
To view our video coverage of this event, open this link:
http://www.welchllp.com/resource-centre/videos/events/
Business Entities
The document discusses different types of business entities including sole proprietorships, partnerships, S corporations, and C corporations. It notes key factors to consider when choosing a business entity such as line of business, number of owners/investors, control and management structure, use of employees or contractors, financing needs, tax implications, and liability issues. The types of business entities vary in their requirements for formation, ownership structure, liability, management and control, taxation, and other attributes.
Corporate Formation - Business Law & Order Event Series
This presentation was given by Carrie Leahy of Bodman PLC, Russ Brown of R.D. Brown PLC and Jerry Grady of UHY Advisors.
When forming a business one of the first decisions an entrepreneur will make is choice of entity. This session will cover the possible legal structures for your business activities, including the advantages and disadvantages of each type of entity in terms of limited liability, management of the business, employee compensation and tax matters. Learn the basics of Corporate Formation and understand the pros and cons of incorporating in Michigan and Delaware.
StartPad Countdown 9 - Corporate Structures, Common Problems
The document summarizes various corporate start-up fundamentals including entity selection, corporate formation, founder ownership and equity for employees. It discusses establishing a corporation versus other entity types like partnerships. It covers how to issue stock, common vs preferred stock, employee equity through stock options, bridge financing, and some startup horror stories to avoid.
Nonprofit legal review
This document outlines the importance and benefits of conducting a legal review for nonprofits. It recommends reviewing key corporate documents, policies, intellectual property, insurance coverage, contracts, and educating officers and directors on their legal duties. A legal review identifies risks, develops policies and procedures to mitigate risks, and plans for how to respond if issues arise. This helps protect the organization, leadership, and achieve the nonprofit's mission in a legally compliant manner.
Introduction to Business Entities in Pakistan
The document provides a brief description of Legal Entities that could be incorporated in Pakistan to start a business and the merits and demirits of using each entity as a launch pad
The Corp vs. The LLC
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
Small Business Essentials
This document discusses key legal considerations and risk management strategies for small businesses. It recommends thoroughly reviewing corporate structure and compliance with applicable laws. Developing internal policies and procedures can help preserve assets and reduce liability, as can obtaining proper insurance. Maintaining accurate records, avoiding scenarios that could pierce the corporate veil, and having responses prepared for potential problems are also advised. Regular reviews of policies, agreements, and potential liability risks are suggested.
Chapter 35: Forms of Business Organization
This document discusses different forms of business organization including sole proprietorships, franchises, partnerships, corporations, and limited liability companies. It provides information on the advantages and disadvantages of each form as well as case studies discussing issues related to each type of business structure. The goal is to help readers understand the key factors involved in selecting the most appropriate legal form for a business.
Legal Issues For Not For Profits
This document summarizes a workshop on legal issues for not-for-profits. It discusses the statutory basis for non-profit corporations, directors' liability, and corporate liability. It compares charitable and non-charitable non-profits and outlines alternatives like incorporation and unincorporated associations. Directors' duties and standard of care are explained. Types of insurance like property, liability, and business loss policies are also summarized.
Securities and Exchange Commission Filings - Reynolds Week 2011
Securities and Exchange Commission Filings - Reynolds Week 2011Reynolds Center for Business Journalism
Jimmy Gentry on 'Securities and Exchange Commission Filings" at Reynolds Business Journalism Week, Feb. 4-7, 2011.
Reynolds Center for Business Journalism, BusinessJournalism.org, Arizona State University's Walter Cronkite School of Journalism. Legal Stuff Entrepreneurs Should Know
The document provides an overview of important legal topics for entrepreneurs including types of business entities, equity structures, intellectual property, employment issues, and contract basics. It discusses setting up different entity types like corporations and LLCs, defining ownership through shares or membership interests, and establishing governance. Key elements of contracts are outlined including describing work, payment terms, intellectual property ownership, confidentiality, representations, and dispute resolution procedures. Employment law compliance and taxes related to valuations are also covered at a high level.
Documentation Registration
Documentation provides a written record of ideas, systems, and products. It is important for reducing liability, mitigating risk, resolving disputes, and clearly defining roles and objectives. Key types of documentation include standard operating procedures, incorporation documents, shareholder agreements, intellectual property agreements, insurance agreements, licensing agreements, employment agreements, confidentiality agreements, and written contracts. Registration documents detail a public offering of securities, outlining a company's history, finances, management, and important facts for potential buyers.
Forensic Accounting Examination in a Minority Shareholder Oppression Case
Minority shareholder oppression cases often require a forensic accounting examination to document issues of oppression. Forensic accountants analyze company books, records, tax returns and conduct interviews to uncover patterns of behavior that contribute to oppression such as excessive compensation to controlling shareholders or restricting dividend payments. A valuation expert also typically calculates the fair value of the company since the controlling shareholders often try to buy back stock from minority owners at depressed prices below fair market value.
Alternative Entities
Selecting a new business entity type used to be straightforward — the corporation or the LLC.
However, in today’s fast-changing business market states are authorizing new statutory entity types to meet specific needs of business owners. That’s great, because the more choices available, the better your chances of finding a good fit for business owners’ and investors’ needs. But now you have more entity types to consider. How do you choose?
In this in-depth seminar, you’ll get acquainted with new entity types that are gaining in popularity and ascertain the key considerations when researching what entity type is best for your organization or client.
Business Add PPT!
The document discusses different types and classifications of business. It defines business and lists its key elements. It then summarizes different types of business classifications including by activity (industry, commerce, finance, services), size (micro, small, medium, large), and ownership (sole proprietorship, partnership, corporation, cooperative). It provides details on the characteristics, advantages, and disadvantages of each type of ownership. Other classifications and types discussed include franchising, mergers, and multinational companies.
Legal structures to attract investors and penetrate the global market
Private equity funding and global expansion require careful legal structuring and due diligence. Private equity involves providing equity capital to growing companies in exchange for ownership stakes. The process includes expressing interest, conducting due diligence on both parties, negotiating terms, and closing with signed agreements. Both companies and investors must research the other thoroughly. Expanding globally requires understanding foreign laws, choosing governing law for contracts, selecting the proper legal entity like an LLC or joint venture, and ensuring compliance with corporate governance rules. Careful legal and risk assessment is vital for attracting investors and penetrating new markets.
Alliances
Joint ventures and strategic alliances allow companies to grow in scale and capabilities with less risk than mergers or acquisitions. They involve partnerships that maintain autonomy for each organization while aligning long-term goals for mutual benefit. Key differences are that joint ventures create a separate legal entity to carry out specific projects for a set time, while strategic alliances do not form a new entity and generally have a more indefinite relationship.
What's hot (20)
Corporate Formation - Business Law & Order Event Series
Corporate Formation - Business Law & Order Event Series
StartPad Countdown 9 - Corporate Structures, Common Problems
StartPad Countdown 9 - Corporate Structures, Common Problems
Securities and Exchange Commission Filings - Reynolds Week 2011
Securities and Exchange Commission Filings - Reynolds Week 2011
Forensic Accounting Examination in a Minority Shareholder Oppression Case
Forensic Accounting Examination in a Minority Shareholder Oppression Case
Legal structures to attract investors and penetrate the global market
Legal structures to attract investors and penetrate the global market
Similar to Starting Up: Legal Aspects for Consideration
Forms of Business
The document discusses various forms of business ownership including sole proprietorships, partnerships, corporations, and other structures. It considers factors like capital requirements, risk, control, taxes, and advantages/disadvantages of each structure to help determine what type of business is appropriate. Sole proprietorships are owned by one individual while partnerships have two or more owners. Corporations are separate legal entities that can attract more investors but involve more complex formation and governance. Other forms discussed include cooperatives, state enterprises, cartels, trusts, and holding companies.
Mitigating Risks Through Contracts - Poorvi Chothani
The document discusses legal risks associated with contracts and their mitigation. It defines what a contract is and highlights risks like ambiguity, lack of clarity around obligations, and inadequately defined terms. It then outlines strategies to manage these risks such as having lawyers draft contracts, defining scope of work and deliverables clearly, including liability limitations, dispute resolution clauses, and indemnification clauses. The document emphasizes the importance of reviewing contracts systematically to identify risks and ensure compliance.
Bba i 1 intro to business
Here are some key public sector enterprises established during 1940-1955 in India:
- Indian Airlines Corporation (1952): Formed to take over civilian aviation services from Tata Airlines. It became Air India in 2007.
- Hindustan Steel Limited (1938): First integrated steel plant in India set up with German collaboration.
- Bharat Heavy Electricals Limited (1964): Manufacturing electrical, industrial and engineering products.
- Hindustan Machine Tools (1940): Manufacturing machine tools and precision instruments.
- Hindustan Aeronautics Limited (1940): For aircraft design, development and production.
- Bharat Electronics Limited (1954): Manufacturing electronics for defense and civilian sectors.
Issue or ConsiderationSole Prop.General PartnershipLimited P.docx
Issue or Consideration
Sole Prop.
General Partnership
Limited Partnership
Limited Liability Co
Subchapter “C”
Corporation
Subchapter “S”
Corporation
Liability
Unlimited personal liability
Unlimited personal “Joint and Several” liability for Partnership
Gen Partners (at least 1):unlimited liability
Limited Partners: Limited to investment
Shareholders- no personal liability beyond investment
Shareholders- no personal liability beyond investment
Ease of Formation
No formal requirements
No formal requirements
Requires formal filing
Requires formal filing
Requires formal filing and qualification and “election” with IRS
Ease of Operation
No issue
Limited concern- as agreed
ONLY General Partners operate
No participation of Limited Partners
Shared operation between Directors (major decisions) and Officers (day- to- day) and Shareholders (fundamental changes)
Shared operation between Directors (major decisions) and Officers (day- to- day) and Shareholders (fundamental changes
Taxation
No additional tax issue or burden
Partnership return with Pass through to individual partners
Partnership return with Pass through to individual partners
Possibility of double taxation
Avoids possibility of double taxation
Capitalization
Limited to loans (usually banks)
Limited to loans (usually banks)
Also have limited partner investment
Issue stock or Bonds
Issue stock or Bonds
Duration
Limited duration
Limited duration
Limited duration (gen. Partners) flexibility with limited partners
Perpetual
Perpetual
Alienation
No
No
No-General
Possible with Limited partners
Simple stock transfer
Simple stock transfer
Partnership Form of Business
The partnership is defined as the type of business operation formed between two or more persons interested in a common course: Making profits. The government recognizes a few kinds of partnerships (Lorette, n.d., para. 1). At the point when setting up an association, the first thing you will need to do is pick a name for the organization. While this may sound basic, it is imperative to make certain the name does not abuse the trademark privileges of another business. There are a few approaches to figure out whether another business as of now, has such a name. Firstly, one can do a name search online on the U.S. Patent and Trademark Office website. Also, one can conduct an inquiry of enrolled entrepreneurs. However, this procedure is followed via the legal office (secretary of state.)
Likewise, partners should decide the specifics of how the organization will be overseen, how much every accomplice will contribute, and how the benefits will be shared. While the more prominent the extent of the venture implies the bigger the rate of proprietorship, the greatest investor may not even need to maintain the business. Additionally, while you may confirm that all accomplices have equal force in choice making, certain accomplices ought to be recognized as having the power to settle on choices on everyday operations and the general ad ...
Forms & Establishment of Business Enterprises in India
A presentation on various forms of business enterprises in India, their advantages & disadvantages & establishment of a new business enterprise in India. Presented to the students of Maitri English School, Adipur, Gujarat.
Module3 forms of-business-organization
This document discusses different types of business organizations:
1. Sole proprietorship - Owned and run by one individual who has unlimited liability but full control. Low start-up costs but income is taxed personally.
2. Partnership - Owned and run by two or more individuals who share profits/losses. Types include general, limited, and joint venture partnerships. Partners have unlimited liability but easy to form.
3. Corporation - A separate legal entity from its owners with transferable ownership. Limited liability but more regulation and expensive to organize than other structures.
4. Cooperative - Owned and controlled by members who voluntarily join to achieve a common social or economic goal. Democratic control
Legal & accounting by anshul from GlobalEx
The document discusses different forms of business organization for startups in India. It describes sole proprietorship, partnership firm, limited liability partnership and company as the main options. It highlights the advantages and disadvantages of each form. The document also provides a case study of setting up an e-commerce startup as a company. It outlines the legal requirements and estimated timelines and costs involved in processes like company incorporation, registrations and legal agreements.
Diapositivas - Joint Venture.pdf
This document provides an overview of important considerations for international joint ventures. It discusses what a joint venture is and key factors to consider such as compatibility of goals, financial contributions, governance structure, intellectual property ownership, and dispute resolution procedures. The document also outlines alternative strategies to a joint venture like outsourcing, strategic alliances, or acquisitions that provide different levels of commitment, control, and risk. It emphasizes the importance of addressing issues like financing, governance, profit distribution, and termination in joint venture agreements.
Forms of business
This document provides an overview of different forms of business ownership including sole proprietorship, partnership, Hindu Undivided Family (HUF), cooperative society, private company, public company, and limited liability partnership. It discusses the key characteristics, advantages, and limitations of each form. The stages of forming a company including promotion, incorporation, and commencement of business are also outlined.
Buying or Selling an Investment Advisory Firm: A Lawyer\'s Perspective
This document provides an overview of key legal and compliance considerations for buying or selling an investment advisory firm from the perspective of attorneys. It outlines the typical process which includes conducting pre-sale audits, negotiating terms, and conducting extensive due diligence on legal, compliance, client, and financial matters. The due diligence process examines areas like regulatory filings and disclosures, compliance policies and procedures, custody of client assets, and any pending or potential litigation issues. The document advises structuring the deal appropriately, identifying and resolving issues before closing, and addressing closing logistics.
Business Structure
This document discusses different business structures including sole proprietorships, partnerships, limited partnerships, limited liability partnerships, cooperatives, limited liability companies, S-corporations, and C-corporations. For each structure, it outlines key characteristics such as ownership, liability, taxation, management, and dissolution. The purpose is to help business owners determine which structure is most suitable based on their needs and goals for their business.
Legal Lookout: Legal 101 for Entrepreneurs
The document discusses various business entity structures such as sole proprietorships, partnerships, S corporations, and LLCs and factors to consider when choosing a structure. It also covers legal topics relevant to entrepreneurs such as employment law, intellectual property, and types of contractual agreements. The presentation provides a high-level overview of key legal concepts for entrepreneurs to be aware of in starting and operating a business.
Lesson 5 2
There are several forms of business ownership including proprietorships, partnerships, and corporations. Proprietorships are owned and run by one person, partnerships are owned by two or more individuals who share profits and losses, and corporations are separate legal entities with stockholders and boards of directors. Other forms include limited liability partnerships, joint ventures, S-corporations, limited liability companies, nonprofits, franchises, and cooperatives. Each form has different legal requirements, levels of control, responsibility for profits and losses, and liability.
Lesson 5 2
There are several forms of business ownership including proprietorships, partnerships, and corporations. Proprietorships are owned and run by one person, partnerships are owned by two or more individuals who share profits and losses, and corporations are separate legal entities with stockholders and boards of directors. Other forms include limited liability partnerships, joint ventures, S-corporations, limited liability companies, nonprofits, franchises, and cooperatives. Each form has different legal requirements and structures regarding ownership, control, liability, and taxation.
PPT on contracts
The document discusses key considerations for choosing a legal structure for a business, including entity types like sole proprietorships, partnerships, private limited companies, one person companies, and LLPs. It covers factors to evaluate like flexibility, control, capital requirements, taxes, and complexity. The importance of legal contracts like founders agreements, shareholders agreements, and employment agreements is emphasized. Fundamental rules for company incorporation, employment agreements, and founders agreements are outlined.
Collaborative networks may 2010
Collaborative Networks are increasingly viewed by business, and encouraged by government, as a means of pooling resources, sharing risk and maintaining edge. Get it right and a Collaborative Network will deliver value to the participant and add value to the proposition - the sum of the whole - but what are the options for a business considering participation in such a Collaborative Network?
In this workshop, we will examine the legals behind structuring and managing such a Collaborative Network, be that collaboration by means of contract, partnership or a special purpose company.
forms of business ownership.pptx
There are several main forms of business ownership including sole proprietorships, partnerships, corporations, franchises, and cooperatives. Sole proprietorships involve single owner management and unlimited liability, while partnerships have multiple owners who share risks and profits. Corporations separate owners from management and provide limited liability. Franchises allow businesses to use another's proven systems through contractual agreements. Cooperatives are owned and operated by their members. Entrepreneurs must understand the characteristics of each to select the best fit for their needs.
Introduction to Commercial Contract Drafting
Materi Workshop Contract Drafting yang disampaikan oleh Bapak Dendi Adisuryo yang memiliki background sebagai commercial lawyer akan memberikan pemahaman dan pandangan kepada peserta workshop mengenai beberapa segi hukum kontrak, norma kepatutan hukum kontrak dalam proses penyusunan kontrak serta mengenai kontrak atas transaksi bisnis yang bersifat lintas negara.
Legal Issues For Entrepreneurs
The document discusses various legal issues relevant to entrepreneurs, including selecting a business entity, employment law, intellectual property, and liability. It provides an overview of common business entities (e.g. sole proprietorship, LLC), important factors to consider when choosing a structure, and requirements and protections of intellectual property mechanisms (e.g. patents, trademarks, copyrights). The document also outlines key employment law considerations regarding hiring, discrimination, handbooks; as well as potential liability issues businesses may face.
Joint Ventures Abroad Final
The document discusses joint ventures, including their definition, types, reasons for forming them, agreements, benefits and risks, problems, and examples. A joint venture is formed between two or more parties to undertake economic activity together for a specific project or ongoing business relationship. Reasons for joint ventures include building on strengths, risk sharing, accessing new markets or technologies. The document outlines different types of joint ventures and important issues that should be addressed in a joint venture agreement.
Similar to Starting Up: Legal Aspects for Consideration (20)
Mitigating Risks Through Contracts - Poorvi Chothani
Mitigating Risks Through Contracts - Poorvi Chothani
Issue or ConsiderationSole Prop.General PartnershipLimited P.docx
Issue or ConsiderationSole Prop.General PartnershipLimited P.docx
Forms & Establishment of Business Enterprises in India
Forms & Establishment of Business Enterprises in India
Buying or Selling an Investment Advisory Firm: A Lawyer\'s Perspective
Buying or Selling an Investment Advisory Firm: A Lawyer\'s Perspective
More from GetEvangelized
Fund raising basics by Vipul Thakkar- Haribhakti (Jan 2012)
This deck was presented by Vipul Thakkar (Haribhakti) at the first module of the funding Clinic series initiated by TiE Mumbai's Investor Forum in Jan 2012
TiE equity funding basics(Jan2012 ) bySanjay Nath_Blume Ventures
This deck was presented by Sanjay Nath (Blume Ventures) at the first module of the funding Clinic series initiated by TiE Mumbai's Investor Forum in Jan 2012
Starting up evaluating the potential of a business by mahesh krishnamurti jul...
This deck was presented by Mahesh Krishnamurti at the TiE Institute Knowledge Series (TIKS) : Starting Up- Session 1 in July 2011.
This session was organised by Tie Mumbai.
Valuation anand lunia shailesh v singh 23 jul 2011 v2
The document discusses venture capital and provides examples of companies that have reached valuations of over $1 billion (the "Billion Dollar Club"). It outlines some key metrics for companies in this club such as Airbnb, Square, Dropbox, Gilt Groupe. It then discusses what venture capital is, common valuation methodologies used in venture capital like discounted cash flow analysis and multiples, how venture capital funds are structured, and considerations in structuring deals with startups.
Valuation Workshop by Anand Lunia and Shailesh V Singh 23 Jul 2011 v2
The document discusses venture capital and provides examples of companies that have reached valuations of over $1 billion (the "Billion Dollar Club"). It then covers topics such as the structure of venture capital funds, common valuation methodologies used in venture capital like discounted cash flow analysis and multiples, how deals are structured between investors and entrepreneurs, and provides a case study of the venture capital funding rounds for Make My Trip.
TiE Stree Shakti GEM Study 2006
The document discusses the results of a study on women entrepreneurs in India. It segments women entrepreneurs into three categories: 1) Untapped potential entrepreneurs who had ideas but lacked support, 2) Grassroots entrepreneurs with small businesses struggling with issues like financing and skills, and 3) Mid-rung entrepreneurs with established businesses making over $75,000 annually but not ambitious for growth. Across segments, common challenges included finances, skills, and family support. Untapped entrepreneurs showed interest in restarting businesses if given support, while Grassroots entrepreneurs wanted help expanding but were limited by responsibilities. Mid-rung entrepreneurs were satisfied with their size and success.
What Venture Investors Look for by Vikas Choudhury
This deck was presented by Vikas Choudhury (Mumbai Angels) at the TiE Investor Forum session by TiE Mumbai in May 2011.
What is venture capital by Gaurav Saraf
Venture capital is high-risk financing targeted towards high-growth startups and businesses, with investment horizons typically between 3-7 years provided as equity or occasionally debt. Venture capital involves seed/angel stage investments in pre-revenue companies, early stage investments in companies with proof of concept and initial revenues, and growth stage investments in businesses exhibiting revenue growth momentum with revenues of $5-10 million. Google is cited as one of the most successful early stage investments, returning over 1000x to its original angel investors.
1 m1m pitch sampledeck
The company provides a hosted solution for small and medium enterprises on a subscription basis, delivered through a web and mobile application. The solution offers key features and benefits that add value for customers, such as increased productivity and cost savings. The company has validated their customer value proposition and seen positive feedback. They are seeking feedback on their current business model, positioning in the market, and go-to-market strategy as they look to further improve and grow their solution for small business customers.
TiE Stree Shakti Awards 2011: Application form
This document provides instructions for completing an application form for awards that recognize women entrepreneurs. It outlines four categories for awards based on annual turnover amounts. The broad evaluation criteria include innovativeness, overcoming challenges, social good, employment generation, and scale of operations. When completing the application, only permanent ink should be used and it must be signed. Eligible participants must be Indian citizen women over 18 years old who have founded or led a business or organization with at least three employees.
Made in India Search Nomination form 2011
This form needs to be submitted online here by 23:59 hrs, 25 Jan, 2011.
http://spreadsheets.google.com/viewform?formkey=dHM4SmswbHRsVVVSOEFtZ0x6enJrNnc6MQ
The TiE Mumbai Story
This document summarizes TiE Mumbai, a chapter of The Indus Entrepreneurs (TiE), which is a non-profit organization supporting entrepreneurs globally. TiE Mumbai is one of the largest and fastest growing TiE chapters with over 1,000 members. It conducts numerous programs every month like education events, mentoring, and networking opportunities to help entrepreneurs. Its goal is to support 100,000 entrepreneurs in Mumbai and 1 million entrepreneurs across India. TiE Mumbai also launched initiatives like TiE Stree Shakti to recognize and support women entrepreneurs through mentoring, awards, and conferences.
Using Social Media as a marketing tool by Sanjay Mehta
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Building Value Brands by Raj Nair
This document contains a presentation by Avalon Consulting about value brands. It discusses what value brands are, what it takes to build them, and whether they can penetrate international markets. The presentation notes that value brands provide good value for money by maximizing benefits at a lower price. It provides examples of successful value brands like Micromax in India and Diao in China. It also discusses issues involved in penetrating international markets like branding challenges, channel management, and after-sales service.
Branding Strategy: A customer centric approach by Pranesh Misra
This document discusses developing brand strategy using a consumer-centric approach. It begins by defining what a brand is, as a term or design that identifies a seller's goods/services and differentiates them from competitors. The document explains that branding benefits both the owner through protection/identification, and consumers through functional expectations and emotional reassurance. It emphasizes that what companies sell and what consumers buy are not always the same, and provides exercises to illustrate this point. The rest of the document outlines steps for building strong brands, including understanding competitors and target consumers, defining the brand's personality/values/benefits, and identifying differentiators. It stresses that branding delivers intangible benefits and provides a framework ("Brandmap") for defining a
How to create ask the expert thread
Creating an 'Ask The Expert' thread on Enterprising.IN involves 3 steps:
1) Click "Contribute" then "Ask" to initiate the thread. List the topic, key discussion points, and planned response frequency.
2) Add tags related to entrepreneurship and areas of relevance, plus keywords.
3) Publish the thread by selecting options like future dates or saving as a draft, or clicking "Publish" to make it live. The author then receives email alerts for all questions/comments on the thread.
How to assign a custom name to your column on enterprising.in
This document provides steps for assigning a custom name to a column on Enterprising.IN. It outlines that the user should go to Contribute >> Column Name to see the current column name. Then, they should check the box to edit the column name, enter the new name in the text box, and click "Change Column Name" to update it. Once complete, the user can continue browsing with the new column name.
How to embed a slideshare presentation in your post on enterprising.in
This is a user guide to help users embed a document hosted on slide share.com into their post on enterprising.in
Debt Funding Primer Vipul Thaker Oct 2010 - copy
This primer was shared by Vipul Thaker (CEO, Haribhakti) as a part of the TiE Investor Forum series on raising Debt Capital for Growth.
Debt funding vipul thaker oct2010
The document discusses various options for raising funds through debt financing, including different forms of debt like working capital financing, term loans, and project financing. It explains debt options like syndicated loans and mezzanine debt. Reasons for availing debt finance include using funds for working capital, projects, or assets. The document provides an overview of executing a debt financing project, which involves assessing funding needs and cash flows, preparing documents, discussing with lenders, negotiating commercial terms and security, and completing legal documentation.
More from GetEvangelized (20)
Fund raising basics by Vipul Thakkar- Haribhakti (Jan 2012)
Fund raising basics by Vipul Thakkar- Haribhakti (Jan 2012)
TiE equity funding basics(Jan2012 ) bySanjay Nath_Blume Ventures
TiE equity funding basics(Jan2012 ) bySanjay Nath_Blume Ventures
Starting up evaluating the potential of a business by mahesh krishnamurti jul...
Starting up evaluating the potential of a business by mahesh krishnamurti jul...
Valuation anand lunia shailesh v singh 23 jul 2011 v2
Valuation anand lunia shailesh v singh 23 jul 2011 v2
Valuation Workshop by Anand Lunia and Shailesh V Singh 23 Jul 2011 v2
Valuation Workshop by Anand Lunia and Shailesh V Singh 23 Jul 2011 v2
What Venture Investors Look for by Vikas Choudhury
What Venture Investors Look for by Vikas Choudhury
Using Social Media as a marketing tool by Sanjay Mehta
Using Social Media as a marketing tool by Sanjay Mehta
Branding Strategy: A customer centric approach by Pranesh Misra
Branding Strategy: A customer centric approach by Pranesh Misra
How to assign a custom name to your column on enterprising.in
How to assign a custom name to your column on enterprising.in
How to embed a slideshare presentation in your post on enterprising.in
How to embed a slideshare presentation in your post on enterprising.in
Recently uploaded
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
In this research, it concludes that while the readiness of teachers in Caloocan City to implement the MATATAG Curriculum is generally positive, targeted efforts in professional development, resource distribution, support networks, and comprehensive preparation can address the existing gaps and ensure successful curriculum implementation.
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance
How to Add Chatter in the odoo 17 ERP Module
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
clinical examination of hip joint (1).pdf
described clinical examination all orthopeadic conditions .
How to Build a Module in Odoo 17 Using the Scaffold Method
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
The Diamonds of 2023-2024 in the IGRA collection
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Introduction to AI for Nonprofits with Tapp Network
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Thesis Statement for students diagnonsed withADHD.ppt
Presentation required for the master in Education.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar KanvariaRPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS Template 2023-2024 by: Irene S. Rueco
What is the purpose of studying mathematics.pptx
Students often ask about what the purpose is for their learning. This PowerPoint highlights some really important reasons to study Mathematics.
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Recently uploaded (20)
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Starting Up: Legal Aspects for Consideration
- 1. S TARTING U P – L EGAL A SPECTS FOR C ONSIDERATION
- 3. Choice of Entity Private Company Public Company LLP Partnership Proprietorship 1 Person Venture More persons jointly Partnership with Limited Liability Popular Vehicle Established Stage
- 8. Comparison Criteria Partnership LLP Limited Company Number of Partners/ Shareholders Minimum 2 Persons 10- Banking 20- Non Banking Minimum 2 Persons - no maximum unlimited 2 - 50 – Private Company 7 - unlimited - Public Company Legal Entity No Separate Legal Entity Body Corporate Body Corporate Liability Unlimited – may extend to personal assets of Partner/s Limited to the extent of Partner’s contribution Limited to the extent of unpaid share capital Compliances No major requirement Annual Returns, Financials and other returns based on events Company Secretarial (Statutory Records, Board Meetings, General Meetings), Annual Accounts and Annual Returns to be filed Tax Income of Firm taxed in the hands of the Firm Similar to Partnership Corporate Taxation (around 30%) Management Managed by the Partners Managed by the Partners Separation of Ownership and Management – shareholders, Board of Directors Dissolution/Winding up Retirement/Dissolution of Partnership Procedure as per LLP Act Very procedural and long drawn
- 9. Incorporation of Private Company – Typical Process
Editor's Notes
- Enterprising idea Pre-formation Strategy Getting Started The Road Ahead
- Specific Terms vary based on the nature of contract
- (information provided on an as-is where is basis etc..)
- Sharing damages in an agreed proportion between the Parties
- If Cause of action arises in more than two places and the courts in both places have jurisdiction, then party can file it any of the two courts as per convenience