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

Course.bplans.comStart, Run & Grow Your Business Business Basics

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Page 1: Course.bplans.comStart, Run & Grow Your Business Business Basics

course.bplans.comStart, Run & Grow Your Business

Business BasicsBusiness Basics

Page 2: Course.bplans.comStart, Run & Grow Your Business Business Basics

This SessionThis Session

Range of startups, 3 sample typesRange of startups, 3 sample types LocationsLocations Professionals on your teamProfessionals on your team Startup names and business NamesStartup names and business Names Legal entities: corporation etc. Legal entities: corporation etc. Buy-sell agreements, working with partnersBuy-sell agreements, working with partners Intellectual propertyIntellectual property Taxes and suchTaxes and such

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 3: Course.bplans.comStart, Run & Grow Your Business Business Basics

TYPES OF STARTUPSTYPES OF STARTUPS3 Sample Cases3 Sample Cases

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 4: Course.bplans.comStart, Run & Grow Your Business Business Basics

Graphic ArtistGraphic Artist

© Timothy J. Berry, Palo Alto Software 2007-2009. All rights © Timothy J. Berry, Palo Alto Software 2007-2009. All rights reservedreserved

Page 5: Course.bplans.comStart, Run & Grow Your Business Business Basics

The RestaurantThe Restaurant

© Timothy J. Berry, Palo Alto Software 2007-2009. All rights © Timothy J. Berry, Palo Alto Software 2007-2009. All rights reservedreserved

Page 6: Course.bplans.comStart, Run & Grow Your Business Business Basics

High-Tech Consumer ProductHigh-Tech Consumer Product

© Timothy J. Berry, Palo Alto Software 2007-2009. All rights © Timothy J. Berry, Palo Alto Software 2007-2009. All rights reservedreserved

Page 7: Course.bplans.comStart, Run & Grow Your Business Business Basics

Your Business LocationYour Business Location

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 8: Course.bplans.comStart, Run & Grow Your Business Business Basics

Your Business LocationYour Business Location

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 9: Course.bplans.comStart, Run & Grow Your Business Business Basics

Your Business LocationYour Business Location

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 10: Course.bplans.comStart, Run & Grow Your Business Business Basics

Find a Business LawyerFind a Business Lawyer

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 11: Course.bplans.comStart, Run & Grow Your Business Business Basics

Find a CPAFind a CPA

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 12: Course.bplans.comStart, Run & Grow Your Business Business Basics

Names and Legal NamesNames and Legal Names

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 13: Course.bplans.comStart, Run & Grow Your Business Business Basics

Lawyers & Legal EntitiesLawyers & Legal Entities

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 14: Course.bplans.comStart, Run & Grow Your Business Business Basics

Discuss, Understand, Discuss, Understand, AgreeAgree

Ownership %Ownership %Buy-SellBuy-SellWho does whatWho does what

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 15: Course.bplans.comStart, Run & Grow Your Business Business Basics

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

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 16: Course.bplans.comStart, Run & Grow Your Business Business Basics

Beware of Sweat EquityBeware of Sweat Equity

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 17: Course.bplans.comStart, Run & Grow Your Business Business Basics

““Intellectual” PropertyIntellectual” Property

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

©©

®®

Page 18: Course.bplans.comStart, Run & Grow Your Business Business Basics

Patents For InventionsPatents For Inventions

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 19: Course.bplans.comStart, Run & Grow Your Business Business Basics

Copyright for Creative WorksCopyright for Creative Works

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 20: Course.bplans.comStart, Run & Grow Your Business Business Basics

Trademarks for BrandingTrademarks for Branding

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.

Page 21: Course.bplans.comStart, Run & Grow Your Business Business Basics

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

© Timothy J. Berry, Palo Alto Software, 2007-2009. All rights © Timothy J. Berry, Palo Alto Software, 2007-2009. All rights reserved.reserved.