ENTR 2520 Legal Issues for Entrepreneurs

This course provides a broad overview of the laws that affect the entrepreneur. The course emphasizes the legal challenges faced by entrepreneurs. From leaving a current job to taking a company public, the course will help the student avoid potentially costly missteps. This course focuses on the legal issues related to each stage of a start-up business. (3 lect.)

Credits

3 credits

Major Topics

Entrepreneurial Activity While Still Employed
Selecting and Working with an Attorney
To Incorporate or Not
Structuring Ownership
Forming and Working with the Board
Raising Money and Securities Regulation
Human Resources
Contracts and Leases
E-Commerce and Sales of Goods and Services
Operational Liabilities and Insurance
Creditors’ Rights and Bankruptcy
Venture Capital
Intellectual Property Rights and Cyberlaw
Going Global
Buying and Selling a Business
Going Public

Outcomes

In order to successfully complete this course, the student will:

1. Describe how the law impacts entrepreneurs.

2. Explain what legal rights an entrepreneur has while employed by someone else.

3. Describe the relationship between an attorney and the entrepreneur.

4. Explain the necessary legal steps for each form of ownership.

5. Explain how to form and work with a board when necessary.

6. Describe the regulations that impact an entrepreneur when raising money.

7. Describe the legal realm within human resources.

8. Describe how contract law impacts entrepreneurship.

9. Describe the legal implications of e-commerce and sales.

10. Explain the operational liabilities and insurance that are required for entrepreneurs.

11. Explain creditors’ rights and bankruptcy.

12. Explain the legal implications of venture capital.

13. Describe intellectual property and cyber law.

14. Explain the legal process for an entrepreneur to take the business global.

15. Describe the legal steps to buying and selling a business.

Other Information

Any information placed here must be adhered to by all instructors:

For textbook information, contact the instructor.