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

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$80.00 (with CEU Certificate)
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  • 14
    Lessons
  • 16
    Exams &
    Assignments
  • 156
    Students
    have taken this course
  • 7
    Hours
    average time
  • 0.7
    CEUs
 
 

Course Description

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. We discuss the important components of business operational structures so you understand how to structure your business for legal and tax purposes. Next, we show you how to raise startup capital and venture capital if you need it. These concepts are complemented with the necessary legal protection you need to protect yourself as an employer as we cover employment law for hiring, and firing. Then we cover all of the taxation and liability insurance requirements you have for your business as well as the necessary pieces of contracts you will use in your business. After these foundational aspects we also cover valuating your company and selling your company when you want to move on to the next big venture as an entrepreneur.

This course provides you the lessons you need to help you mitigate risk, ensure growth, and steer you clear of potential pitfalls. We show you how to protect what you have developed and what to do to avoid bankruptcy. All of the aspects you need for planning the perfect business environment are included. Experts say the best businesses are those that are carefully planned and can therefore stand the test of time. 

  • Completely Online
  • Self-Paced
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 

Course Lessons

Average Lesson Rating:
4.6 / 5 Stars (Average Rating)
"Extraordinarily Helpful"
(131 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. Additional lesson topics: The Small Business Start-Up Kit: A Step-by-Step Legal Guide; SHOULD I QUIT MY JOB TO START MY OWN BUSINESS?; The Several Day Startup: You Don't Learn Until You Launch 13 Total Points
  • Lesson discussions: Reasons for Taking this Course
  • Complete Assignment: Why this Course?
  • Assessment: Exam 1

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. Additional lesson topics: Types of business structures; Compare Business Types; Business Types; Franchise.com 12 Total Points
  • Assessment: Exam 2

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. 12 Total Points
  • Assessment: Exam 3

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. Additional lesson topics: 10 Terms You Must Know Before Raising Startup Capital 12 Total Points
  • Assessment: Exam 4

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. Additional lesson topics: Understanding Intellectual Property Basics; Intellectual property: protection and enforcement 11 Total Points
  • Assessment: Exam 5

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. Additional lesson topics: What is the difference between a patent, a trademark and a copyright?; An Introduction to Patents, Brands, Trade Secrets, Trademarks, and Intellectual Property Rights Issues 12 Total Points
  • Assessment: Exam 6

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. Additional lesson topics: What should employee orientation programs include?; Creating an Employee Handbook 11 Total Points
  • Assessment: Exam 7

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. Additional lesson topics: Formation Of A Contract; Creating a legally enforceable Contract 12 Total Points
  • Assessment: Exam 8

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. Additional lesson topics: Five Areas of Government Regulation of Business 12 Total Points
  • Assessment: Exam 9

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. Additional lesson topics: Legal Issues for Small Business; Business Taxes: Filing Your Tax Return 12 Total Points
  • Assessment: Exam 10

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. Additional lesson topics: Types of Business Insurance; Insurance Coverage: A Business Necessity 12 Total Points
  • Assessment: Exam 11

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. Additional lesson topics: Venture Capital; Articles on Venture Capital for Small Business 12 Total Points
  • Assessment: Exam 12

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. Additional lesson topics: How to Value A Young Company; How Startup Valuation Works – Measuring a Company's Potential 12 Total Points
  • Assessment: Exam 13

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. 96 Total Points
  • Lesson discussions: End of Course Poll; Course Comments; Program Evaluation Follow-up Survey (End of Course)
  • Assessment: Exam 14
  • Assessment: The Final Exam
251
Total Course Points
 

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 (131 votes)
Languages: English - United States, Canada and other English speaking countries
Last Updated: September 2021
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
Course Fee: $80.00 U.S. dollars

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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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