Register Now for TLP & Woods Rogers Lunch and Learn: Starting ( & Owning) a Business: Navigating Legal Challenges
TLP invites you to a no cost Lunch and Learn facilitated by Woods Rogers attorney, Autumn Visser, on Tuesday, August 13th from 12-1pm at The Launch Place (527 Bridge St, Suite 200, Danville). The Legality of Starting (& Owning) a Business is part of a new series of workshops featuring legal and accounting counseling from licensed professionals. This opportunity is made possible by the Virginia Small Business Financing Authority (VSBFA) through the SSBCI Technical Assistance grant focusing on businesses owned by Socially and Economically Disadvantaged Individuals (SEDI). Register by August 12th and we'll see you for lunch on August 13th!
In this presentation, we will delve into the critical legal issues faced by small companies, providing practical insights and strategies to effectively manage these challenges. Tailored for business owners and entrepreneurs, this session will offer a comprehensive overview of the legal landscape impacting small business entities.
Key Topics Covered:
- Formation and Structuring
- Choosing the Right Entity: Analyzing the pros and cons of corporations versus LLCs, including implications for liability, taxation, and operational flexibility.
- Formation Requirements: Understanding state-specific requirements, including filing articles of incorporation or organization, drafting operating agreements, and complying with initial reporting obligations.
- Governance and Compliance
- Corporate Governance: Key considerations for small corporations, including board structure, shareholder rights, and meeting requirements.
- LLC Management: Exploring management structures, member roles, and decision-making processes in LLCs.
- Ongoing Compliance: Addressing regular compliance requirements such as annual reports, taxes, and state filings.
- Gain a solid understanding of the legal framework governing small corporations and LLCs.
- Identify common legal pitfalls and how to avoid them.
- Learn best practices for maintaining legal compliance and protecting personal assets.
