Law: Safeguarding Your Business
The right business structure is critical to business growth. In this session you will assess your business framework by understanding your legal obligations, responsibilities, requirements and common pitfalls.
The right business structure is critical to business growth. In this session you will assess your business framework by understanding your legal obligations, responsibilities, requirements and common pitfalls.
You will also review:
- Different types of business structures and what differentiates them (sole trader, partnerships, limited liability company, non-profit company)
- Importance of contractual agreements
- Legal compliance requirements
- Online application process (for Trinidad and Tobago)
At the end of this course
You will learn:
- How to address the frequently asked questions and concerns of new and emerging entrepreneurs
- About the different forms of legal personalities, legal identities and the corollary benefits: the natural from and the limited liability company
- About legal requirements and potential liabilities
- About business partnerships (the Partnership Act and the business agreement)
- Elements of contractual agreements
- Implied terms in contractual agreements
- The importance of seeking legal advice
- Force Majeure in contractual agreements
Includes 1 checklist and 2 video training sessions (2+ hours)
Disclaimer: The information contained herein does not constitute legal or professional advice and is general in nature. It does not take into account your specific circumstances and should not be acted upon without full understanding of your current situation by a qualified Attorney-at-Law. Always seek legal advice for your specific circumstances.