Legal Foundations for Small Businesses
Attorney Nicole Pavlik (https://npavliklaw.com/) outlines the difference between an LLC, S-Corp and C-Corp status, the types of insurance business owners should consider, the contracts to put in place and more.
Register to attend webinars live: https://www.toryburchfoundation.org/s...
Follow us on social media:
/ toryburchfoundation
/ toryburchfoundation
https://www.threads.net/@toryburchfou...
The Tory Burch Foundation increases women's economic power by supporting entrepreneurs to build businesses that last.
Subscribe to our channel to have all your business and entrepreneurship questions answered. Get involved at ToryBurchFoundation.org.
#EmbraceAmbition #ToryBurchFellows #womenentrepreneurs
00:00 Welcome to Tory Burch Foundation Small Business Webinar
02:44 Session Overview: Laying Your Legal Foundation with Nicole Pavlik
03:47 Legal Entities Explained: Sole Proprietorships, Partnerships, LLCs, and Corporations
08:48 LLCs vs Corporations: Key Differences and Benefits
13:50 Protecting Personal Assets: Liability and Corporate Formalities
20:07 Operating Agreements & Bylaws
28:31 Essential Insurance for Business Owners: Malpractice, E&O, and More
31:40 Client Contracts: Key Elements and Best Practices
36:50 Other Typical Provisions
42:38 Importance of An Attorney
45:54 Q&A: Should You Operate as an LLC? Insurance and Business Naming
47:33 Relocating Your Business: State Requirements and Considerations
49:07 Protecting Your Intellectual Property: Trademarks and Patents