Online Class: Business Law for Entrepreneurs

This course provides the important legal information you want as an entrepreneur and business owner. The course is ideal for helping you decide important factors to consider when leaving your current employer and taking the jump to your own business
Self-Paced, Online Class
Virginia Beach Public Library
 
  • 14
    Lessons
  • 16
    Exams &
    Assignments
  • 234
    Students
    have taken this course
  • 7
    Hours
    average time
  • 0.7
    CEUs
 
 
 

Course Description

Legal Mastery for Entrepreneurs: Navigating the Business Seas with Confidence and Precision

In the vast ocean of entrepreneurship, tides of opportunity often come with waves of legal challenges. Ensuring your ship is not only seaworthy but also compliant with maritime laws can be the difference between sailing towards sunrise or getting lost in a storm. This course is your astrolabe, guiding you through the intricate labyrinths of business legality, ensuring that you not only sail but thrive.

Here’s Why This Course is Your Business Beacon:

  1. Strategic Business Structuring: Dive into the depths of business operational structures. Grasp the nuances of structuring your enterprise for optimal legal safety and tax efficiency.
  2. Capital Crusades: Unlock secrets to sourcing startup capital and venture capital. Learn to propel your venture from a dream sketch to a towering reality.
  3. Your Legal Shield: Safeguard your entrepreneurial journey. Navigate through employment law intricacies, ensuring you master the art of ethical and legal hiring and firing.
  4. Taxation & Liability Tapestry: Unravel the intricate web of taxation requirements. Ensure your venture is not only profitable but also compliant. Discover the shields of liability insurance, guarding your enterprise against unforeseen financial storms.
  5. Contractual Command: Gain proficiency in contract crafting and interpretation. Learn to seal deals that serve and safeguard your business interests.
  6. Valuation and Exit Ventures: When it's time to set sails for new horizons, ensure your vessel fetches its true value. Master the science and art of business valuation and the strategic process of selling.

Course Highlights & Offerings:

  • Empowered Decision Making: Learn the decisive factors for a seamless transition from being an employee to an empowered entrepreneur.
  • Risk Mitigation Magic: Steer clear of lurking dangers, learn to protect your assets, and know the crucial steps to avert the whirlpool of bankruptcy.
  • End-to-End Coverage: From the birth of a business idea to the eventual transition towards newer ventures, every stage is meticulously covered.

A Visionary's Guide to Business Longevity:

The tapestry of entrepreneurship is woven with threads of vision, courage, and legal wisdom. While many embark on this journey, those equipped with the right legal knowledge and strategic foresight are the ones who etch legends.

With this course, your business dream doesn't remain a mere vision; it transforms into a carefully crafted plan, anchored in legal wisdom, ready to weather challenges and seize opportunities. As esteemed business thinkers advocate, enduring businesses are meticulously planned edifices, not hastily built sandcastles.

So, if you are a budding entrepreneur or an established business owner aiming for the stars, this course is your star map. Illuminate your path, ensure your venture's longevity, and leave no stone unturned in your quest for entrepreneurial excellence. Embark on this enlightening journey and let's co-create your business legacy.

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Course Lessons

Average Lesson Rating:
4.6 / 5 Stars (Average Rating)
"Extraordinarily Helpful"
(164 votes)

  • Lesson 1: Deciding to Leave Your Employer the Pros and Cons

    Part of the entrepreneurial spirit is realizing you want something more tangible in life, which involves the successful development of your own business. Sometimes, the hard part is determining when to make the jump. We will discuss many of the pros and cons of leaving your current employer.

  • Lesson 2: Business Types

    There are many business types that the entrepreneur may decide to use for their business. Each of them has their own advantages, operational applications, and tax structures.

  • Lesson 3: Franchises

    The entrepreneur enters into a contractual agreement with the franchisor to use their name and business operation plan in exchange for a fee or franchise cost.

  • Lesson 4: Raising Startup Capital

    Once you are committed to the idea of your company, you will need funding to get started. This funding is called "startup capital." Startup capital is the fuel that feeds the fire and every business needs capital.

  • Lesson 5: Understanding Intellectual Property Rights

    Intellectual property covers creations of the mind such as literature works, artistic pieces, and inventions. Intellectual property is divided into two categories of industrial property and copyright.

  • Lesson 6: Patents, Copyrights, Trademarks and Trade Secrets

    Depending upon the type of business you have developed, you may encounter issues with patents, copyrights, trademarks, and trade secrets. These type of agreements cover the licenses and requirements for materials and their use and development of products and services.

  • Lesson 7: Employment Law

    The business and corporate world of today operates in an environment with a significant number of requirements to manage employee benefits, discrimination, medical leave, and safety.

  • Lesson 8: Forming a Contract, Contracts and Fraud, and Sales Contracts

    Contracts are formed for business interactions, such as leases, partnership agreements, purchase orders, sales agreements, promissory notes, letters of acceptance, or employment contracts.

  • Lesson 9: Taxation, the Employer's Responsibilities, and Government Regulations

    There are appropriate ways to manage taxation and comply with government regulations. Your tax rules will be based on the structure of your company and a number of factors that are driven by law.

  • Lesson 10: Property and Ownership Issues

    This lesson will focus on property and ownership issues for entrepreneurs not covered under patents, copyrights, trademarks and trade secrets.

  • Lesson 11: Operational Liabilities and Insurance

    As a business owner, you want to be prepared and be in a position to mitigate risk. Insurance is used to protect your livelihood from liability.

  • Lesson 12: Venture Capital

    Venture capital is typically used to fund fledgling high-growth companies, which have a higher risk but offer a higher potential for returns.

  • Lesson 13: Valuating Your Company by Industry and Selling Your Company

    Determining the value of a business is difficult because value means different things to different individuals. Economic conditions, personal feelings, and historic value are all used to determine a business’s worth.

  • Lesson 14: Bankruptcy

    Bankruptcy is a difficult topic business owners may struggle with. No one wants to feel as though they are a failure at a business venture, and it will be difficult, but the decision to file bankruptcy will mitigate other cascading factors from occurring.
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Summarize business types.
  • Describe franchises.
  • Identify ways for raising startup capital.
  • Summarize intellectual property rights.
  • Summarize patents, copyrights, trademarks and trade secrets.
  • Describe forming a contract, contracts and fraud, and sales contracts.
  • Summarize taxation, the employer's responsibilities, and government regulations.
  • Recognize property and ownership issues.
  • Summarize operational liabilities and insurance.
  • Define venture capital.
  • Describe methods for valuating your company by industry and selling your company.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 

Additional Course Information

Online CEU Certificate
  • Document Your Lifelong Learning Achievements
  • Earn an Official Certificate Documenting Course Hours and CEUs
  • Verify Your Certificate with a Unique Serial Number Online
  • View and Share Your Certificate Online or Download/Print as PDF
  • Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media
Document Your CEUs on Your Resume
 
Course Title: Business Law for Entrepreneurs
Course Number: 8900342
Lessons Rating: 4.6 / 5 Stars (164 votes)
Languages: English - United States, Canada and other English speaking countries
Availability: Available across all 50 U.S. states, this course includes key regions such as California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, and Georgia. The course is also open in major English-speaking countries, including Australia, Canada, the UK, and Ireland.
Last Updated: December 2023
Course Type: Self-Paced, Online Class
CEU Value: 0.7 IACET CEUs (Continuing Education Units)
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.
Assessment Method: Lesson assignments and review exams
Instructor: John Chouinard
Syllabus: View Syllabus

Student Testimonials

  • "This course was very helpful, I took a class in Accounting and Marketing before so some of the content was familiar to me." -- Victoria D.

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