Unit 10 Preview and Introduction

Preview

This unit will cover the following topics:

  • Filing Requirements
  • Internal Document Generation
  • Drafting Tips
  • Buy-Sell Arrangements

 

Introduction

Once an entrepreneur decides on which entity structure they would like to have, it is time to form the new entity. Certain entity structures require formal filings with the Department of State. Aside from formal filed documents, there are several internal documents that need to be drafted with care and with the client’s needs in mind.

In this Unit, I’ll discuss filings and other documentation necessary (or strongly recommended) for starting a business.

 

an image that shows what elements go with the central element labeled "Establishing a business in PA". the four branches that flow out of this label are: "Business Name", "Laws, Licenses, and regulations", "Business structure", and "taxes, employee obligations, EIN and bank account"

Photo source: Pennsylvania Entrepreneur’s Guide

📖  Peruse the Pennsylvania Entrepreneur’s Guide. Pay particular attention to how it is written for the layperson.

License

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To the extent possible under law, Samantha Prince has waived all copyright and related or neighboring rights to Entrepreneurship Law: Company Creation, except where otherwise noted.