Dumb question, but is there a particular TYPE of lawyer I should be looking for? Great interview, Jo-Na! This really IS a topic you don't hear many talking about.
***** Great! Sounds like I need a business lawyer then. You had mentioned interviewing them. What's the best way to go about that? After seeing your episode I contacted a lawyer's office and it was $100 for a 1-hr consultation. There was no free consult so I could even interview/check him out.
Great legal tips! One additional document you need for new employees is a employee application with a legal sign off to allow a background check and reference check. You can't trust what people say at the interview alone because many will BS you. We had an applicant that we thought was perfect for the job but in verifying their employment, we found out most everything was a lie. The background check came back that he was a convicted felony that broke in and stole from his former after hours. If we went by the interview only, we would have hired him because he was charming and appeared respectable.
***** Yes. I am at the point of bringing on contractors and as an accountant I have access to tons of information that needs to be safeguarded. a colleague referred me ti an agency that I can use for background checks. Just by making the decision to implement that into my processes has given me a sigh of relief.
Ok... Why does Ms. Thang not have a book??? I would buy it!!! In a HEARTBEAT! I want to know more. This was great info and she explained it in a way that this artist could understand! I'm creating products for my brand new business & "contracts signed up front" NEVER occurred to me! And, "doctor for my business"??? BRILLIANT!!! I feel more empowered now. I think I just grew 10 feet taller!... Thanx a million! :-)
Great info. I'm a small business owner, looking for individuals to contract with and hadn't thought of the non-disclosure agreement. So glad I watched. Thanks so much!
Marie and Jo-Na, thank you so much for this kick in the pants. About 6 weeks ago I officially established my business and I have been overwhelmed with everything that I had neglected to do some of the things you suggested. Well, today, I took the time to call and consult with an accountant and he is showing me the ropes! I took this small (but big, necessary step) because I was compelled by this awesome video. Now, dealing with legal matters and getting my ducks in a row in that regard isn't so scary. Thank you!
I\'m not sure but ,if anyone else trying to find out set up a cleaning company try Nevolly Cleaning Startup Nerd ( search on google ) ? Ive heard some interesting things about it and my colleague got great success with it.
I like the disclaimer on this video, actually the written disclaimer above. That says it all. Every business, every legal issue is different. The details, just one little detail alters every legal issue. Who would like to get legal advice and not worry about hourly charges?
I really liked Ms Williams statement that most people end up paying to solve a problem instead of prevention and a legal shield will be built around your business by incorporating. Step that can be taken right now? Get a legal plan that offers a monthly price for legal services instead of being charged an hourly rate. Preventive law is affordable with a small business legal plan. We have an incorporation package for C, S or LLC to launch a small business. This is what our company does nationwide and in Canada. You can message me and I will email you some info.
First Jo-Na I want to say your hair is beautiful! Second the info you shared was brilliant. Just starting out in a service based business and having a service contract, a non-disclosure agreement, interviewing several attorneys...WHEW! You gave me a lot things to think about. There is so much to building a business than just having the idea. I will be watching this video several times just to make sure I have what I need in place. PLEASE keep up the good work! I also love your B-School bonus video training as well. I was about to jump right into an LLC until I heard what you had to say about it.
@10:26 what if you are in the United States and will be hiring someone OUTSIDE the US (outsourcing) how will you write off such expenses in the tax for hiring an individual abroad?
I love your video about passion and how to live a life doing what you love. It inspired me to make the RU-vid channel I have now AND I also showed your page to a dear friend of mine who is actually opening up her own pharmacy. This video above really helped guide her. I guess she had some doubts regarding business decisions and this video really helped her out! Thanks for all you do!
CA Enterprise, LLC conduct all legal business with the Founder, CEO and Owner at the table, in writing and with official signatures. The company is currently a single member LLC.
I’m a paralegal and I work with 7 lawyer 9 to 5 and run my own business as well. I love attorneys and working on my JD. this was informative Jon’s Williams 🥰
I LOVE this topic! I'm a business coach & attorney and I have added a whole step to my course just to focus on this! I get such good feedback I've launched a speaker series with my attorney & CPA to help small businesses START with this info! Good stuff ladies!
Ok, I had to stop and comment before listening through to the end. This is the first time I have heard anyone in the legal profession come against the idea that you should just jump to an LLC. What a breath of fresh air! Now, to finish listening...
I hope this video goes out to people who are planning on starting their own companies. Talking to a CPA beforehand definitely helps to ensure that you are not committing any legal mistakes.
So useful ! Thank youuuu ! I just moved to US as a foreign citizen and Im trying to start my business so I do reply to your challenge : I start from the bottom. I have to find which business entity, which legal structure suits to my project... Well Long way to go but Im motivated and I love what Im doing. Im ready to contact an accountant : where should I look for ? Yellow pages ?
Marie I came across your videos about 3 months ago..... watching Marietv is like personal development with a twist... (cool) well this is my first time making a comment. i came across this video today which was very interesting because I recently started my 1st networking marketing company by the name of Legal Shield- which offers legal and identity plans to families and small businesses... I have been really holding back from marketing the service ...this video tells people need it..its very affordable....you guys are saying people should have it ..... Has anyone heard of this company? Thanks for your dedication to keep us informed..........Netaphia
Great video, I found this very helpful. I'm starting a new business in 2016 and right now, I'm doing about 1.5 years of research on it. My new buisness involved amateur sports. Is there some type of license or any legal things I should worry about when providing a service for kids?
Chef Habari here! 👋 Is there a lawyer with integrity watching who would like to help me structure and grow my food products? I have healthy meals ready-to-eat!
Helping my daughter who’s a Awesome cook, to start her own catering service.. Looking for all I need to do to protect her in pursuing her dream and independence.. Contract first and foremost, even though family & friends will be involved.
I am a 26old young lady and have a online art gallery I'm from London UK. I have been reading up over last 8 months to what I want to be and I feel limited company would suit me. As from tomorrow im going to see if I can get secondary advice from a accountant. As always Marie TV is excellent and thank you Jo-Na for your straightforward bubbly advice.
Wow! This was great. So glad I watched. I'm lucky that my MIL is a lawyer, so she always makes sure our ducks are in a row. But I forgot about the service agreement and disclaimer. I am about to start offering services next week, so this is perfect timing. They are now on my do-list before I send out all my mailers. Thank you, +marieforleo and +Jo-Na Williams.
I absolutely agree. I stress this more than anything. I tell people that LAW exists in everything; crimes, partnerships, and even the ground your standing own. One bad day can break you down...
Great video! Another great resource for determining the type of entity that will be more useful for your business and your assets is checking out the Secretary of States office for the jurisdiction in which you will be conducting business. The Secretary of state offices strive to be a one-stop center. In NV, for instance, you can draft operating agreements and find tools on what licensing requirements you may have based on the nature of business and entity type. It also goes into detail in the liabilities and structures behind each entity type. I hope this is helpful!
Thank you for the great information here. I am curious how paying a child in my home who is working for me in my business applies to the choice of company structure. I chose to LLC but I may, in the near future (when my daughter turns 16), employ my daughter to work in my home office and help with general work, etc. I was told I could pay her, and she could receive the pay, tax free (up to the standard deduction) as a child employee in a home business. So does that affect the LLC structure I chose to set it up as? I hope that makes sense... LOL
Thank you Maria wonderful tips from Jo Na, I will share this information with my niece who recently went into business she wold benefit from the advice I certainly have. Many Blessings your way.
Great video. This advice is very useful. I think this works well once you have started to get paying customers for your business and now to need to mitigate potential risk.
So Tuesdays I look forward to seeing what goodies Marie Forleo is going to dish. I was too pumped when I opened my email to see my music biz coach Jo-Na Williams being featured! She's the best! Go Jo-Na!
Loved t his one! I will definitely be using some of these tips. Especially having the service agreement clauses. I will definitely be revising my contract.
Your videos are really good and fill with great content. I'm already familiar in this area but for new business owners or employees wanting to become their own boss, this is definitely for them.
Thank you to Marie and Jo-Na for sharing this legal information, it is invaluable and so important. No one wants to lose their business. Especially when we work so hard on them. Can you talk about Patents one day (or if you have, can you tell me where to find it) please? I need to go interview some lawyers now... :-)
***** Thanks for the tips! Right after I watched the above video I searched "patents" and I found www.WIPO.int to be very helpful as well. They give a global perspective on patents.
This was a great video! According to your suggestions, it seems I have been on the right track with my online entreprenuer business. I did speak with my accountant initially to decide on the structure for my business. Like many in my position, I was unable to afford a lawyer initially, so I solicited help from my accountant and sought out some legal advice from an online service. I currently work as an independent contractor offering consulting services. Do you recommend this approach for entreprenuers in the beginning stages of setting up the business?
