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So you've decided you want to set up your own small business; you're probably wondering: Should I incorporate? If so, how do I file? And what are the costs for forming a corporate entity? Learn the answers to these questions and more, in this course with attorney and entrepreneur Dana Robinson. He covers the basics of incorporation, explaining the differences between a corporation and an LLC, helping you decide if a sole proprietorship is right for your situation, and providing advice on choosing and forming a corporate entity. Along the way, he explains how to establish bylaws, set up a tax ID for the IRS, and navigate state and local laws, in order to get your business off to a great start.
DISCLAIMER: This course is taught by an attorney and addresses US law concepts that may not apply in all countries. Neither Llnkedln nor the attorney teaching the course represents you and they are not giving legal advice. The information conveyed through this course is akin to a college or law school course; it is not intended to give legal advice, but instead to communicate basic information to help viewers understand the basics of intellectual property.
- Determine the purpose of a fictitious business name (FBN).
- Distinguish between types of entities.
- Identify required components for setting up a corporate entity.
- Recognize elements in bylaws.
- Interpret the purpose of federal tax identification.
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