Description

Welcome to part three of the three-part new year episode series!

GET YOUR LEGAL AUDIT CHECKLIST HERE.

Episode Introduction:

In today's episode, I'll be sharing the Legal ABCs with you that will help you set up a solid legal foundation for your business this year.

Episode Summary: 

I'll be walking you through important legal terminologies that you must equip yourself with in order to keep your business legally protected in 2021. These are the basics broken down into the simplest language so that you don't feel overwhelmed with the use of high-end legal terminology.

Main Takeaways: 

• Entity formation is the first and foremost step in order to get your business off the ground. Some of the most common entities are Sole Proprietorship, General Proprietorship, LLC, and Corporations.
• Choose your entities based on the liability risk as well as tax implications. 
• It is essential for your website to have a privacy policy. This privacy policy should clearly state how you will be using your visitor's data. 
• Terms & Conditions on a website are vital for a website as they let your visitors know how they can use the data present on your website.
• It is important for your website to be in compliance with the ADA or else legal action could be raised against your business.
• Contracts are the legal backbone of your business. They help solidify the terms of a business relationship and keep you protected if things take the wrong turn.

Know more about ADA Compliance: https://www.ada.gov/pcatoolkit/chap5toolkit.htm

Watch the videocast here: https://youtu.be/DRqTsXNV29w

Connect With Girija:

Website: https://www.gbplaw.com/

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