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Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics Business Basics This work is licensed under a Creative Commons Attribution 3.0 Unported License . Start, Run & Grow Your Business course.bplans.com The PowerPoint slide decks provided to instructors as part of the The PowerPoint slide decks provided to instructors as part of the Start, Run & Grow Your Business curriculum , created by Tim Berry Start, Run & Grow Your Business curriculum , created by Tim Berry , , are licensed under a are licensed under a Creative Commons Attribution 3.0 Creative Commons Attribution 3.0 Unported Unported License License . . This license gives instructors the right to share, remix and make commercial This license gives instructors the right to share, remix and make commercial use of the PowerPoint slide decks, with proper attribution to Tim Berry, the use of the PowerPoint slide decks, with proper attribution to Tim Berry, the curriculum author. curriculum author. This Session This Session Range of startups, 3 sample types Range of startups, 3 sample types Locations Locations Professionals on your team Professionals on your team S db i N S db i N Startup names and business Names Startup names and business Names Legal entities: corporation etc. Legal entities: corporation etc. Buy Buy-sell agreements, working with partners sell agreements, working with partners Intellectual property Intellectual property Taxes and such Taxes and such TYPES OF STARTUPS TYPES OF STARTUPS 3 Sample Cases 3 Sample Cases

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Page 1: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

1Handout: Business Basics

Business BasicsBusiness Basics

This work is licensed under a Creative Commons Attribution 3.0 Unported License.

Start, Run & Grow Your Business course.bplans.com

The PowerPoint slide decks provided to instructors as part of the The PowerPoint slide decks provided to instructors as part of the Start, Run & Grow Your Business curriculum , created by Tim BerryStart, Run & Grow Your Business curriculum , created by Tim Berry, ,

are licensed under aare licensed under aCreative Commons Attribution 3.0 Creative Commons Attribution 3.0 UnportedUnported LicenseLicense. .

This license gives instructors the right to share, remix and make commercial This license gives instructors the right to share, remix and make commercial use of the PowerPoint slide decks, with proper attribution to Tim Berry, the use of the PowerPoint slide decks, with proper attribution to Tim Berry, the curriculum author. curriculum author.

This SessionThis Session

Range of startups, 3 sample typesRange of startups, 3 sample types LocationsLocations Professionals on your teamProfessionals on your team

S d b i NS d b i N Startup names and business NamesStartup names and business Names Legal entities: corporation etc. Legal entities: corporation etc. BuyBuy--sell agreements, working with partnerssell agreements, working with partners Intellectual propertyIntellectual property Taxes and suchTaxes and such

TYPES OF STARTUPSTYPES OF STARTUPS3 Sample Cases3 Sample Cases

Page 2: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

2Handout: Business Basics

Graphic ArtistGraphic Artist

The RestaurantThe Restaurant

HighHigh--Tech Consumer ProductTech Consumer Product

Page 3: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

3Handout: Business Basics

Your Business LocationYour Business Location

Your Business LocationYour Business Location

Your Business LocationYour Business Location

Page 4: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

4Handout: Business Basics

Find a Business LawyerFind a Business Lawyer

Find a CPAFind a CPA

Names and Legal NamesNames and Legal Names

Page 5: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

5Handout: Business Basics

Lawyers & Legal EntitiesLawyers & Legal Entities

Discuss, Understand, AgreeDiscuss, Understand, Agree

Ownership %Ownership %BuyBuy--SellSellWho does whatWho does what

Get it All Down on Paper!Get it All Down on Paper!

Page 6: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

6Handout: Business Basics

Beware of Sweat EquityBeware of Sweat Equity

“Intellectual” Property“Intellectual” Property

®®

©©

®®

Patents For InventionsPatents For Inventions

Page 7: Business Basics - curr.s3.amazonaws.comcurr.s3.amazonaws.com/decks/session-3-business-basics.pdf · Start, Run & Grow Your Business 1 Handout: Business Basics Business Basics This

Start, Run & Grow Your Business

7Handout: Business Basics

Copyright for Creative WorksCopyright for Creative Works

Trademarks for BrandingTrademarks for Branding

It’s a Lot About TaxesIt’s a Lot About Taxes