Business Entities: Different forms of business entities, their formation, dissolution, and legal implications.
Week 1: Overview of business entities (sole proprietorship, partnership, corporation, LLC)
- Day 1: Introduction to business entities and legal considerations
- Day 2: Understanding sole proprietorships: characteristics, benefits, and drawbacks
- Day 3: Understanding partnerships: characteristics, benefits, and drawbacks
- Day 4: Understanding corporations: characteristics, benefits, and drawbacks
- Day 5: Understanding LLCs: characteristics, benefits, and drawbacks
Week 2: Formation, operation, and management of each business entity
- Day 1: Formation of sole proprietorships and partnerships: registration, agreements
- Day 2: Formation of corporations and LLCs: registration, articles of incorporation/organization, bylaws/operating agreement
- Day 3: Operation and management of sole proprietorships and partnerships
- Day 4: Operation and management of corporations: board of directors, officers, shareholders
- Day 5: Operation and management of LLCs: members, managers, meetings
Week 3: Dissolution and winding up of each business entity
- Day 1: Dissolution of sole proprietorships and partnerships: procedures, liabilities
- Day 2: Dissolution of corporations: procedures, distribution of assets, liabilities
- Day 3: Dissolution of LLCs: procedures, distribution of assets, liabilities
- Day 4: Winding up and termination of business entities
- Day 5: Case study analysis of dissolution and winding up
Week 4: Comparing and contrasting business entities, choosing the right entity
- Day 1: Comparison of sole proprietorships, partnerships, corporations, and LLCs: liability, taxation, management
- Day 2: Choosing the right entity: factors to consider
- Day 3: Changing business form: conversion, merger, consolidation
- Day 4: Case study analysis of choosing and changing business entity
- Day 5: Review and wrap-up
dowhatkennydoes.com 