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Representing the Small Business Client
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Representing the Small Business Client

In this fast-paced, entertaining presentation, small business attorney and best-selling author Cliff Ennico will focus on the particular challenges lawyers face when representing a small business or an entrepreneurial startup company (there’s a big difference between the two).

Topics to be covered include:

  • The difference between small businesses and entrepreneurial startups
  • Areas of the law you need to be familiar with when representing the small business/startup client
  • The seven steps to forming a legal entity for the small business/startup client
  • LLCs, corporations, and S corporations: which is the best vehicle for a small business client?
  • Complying with the federal Corporate Transparency Act
  • Preparing Shareholders’ Agreements, Operating Agreements, and “Buy-Sell” (restriction on share transfer) Agreement for LLC and corporate clients
  • How small businesses and entrepreneurial clients are financed, and how attorneys can help with that process
  • The mechanics of financing by company founders and “friends and family” financings for small businesses
  • “Angel” and “venture capital” rounds of financing for entrepreneurial startups; and
  • The basics of crowdfunded offerings under SEC regulations.

Agenda:
  • Introductory Overview
    • Brief introduction of the presenter
    • What is a “small business,” and how does it differ from an “entrepreneurial startup”?
    • Areas of the law which practitioners may encounter when representing a small business client

  • Organizing the Small Business Client
    • Your “intake form” for the small business client
    • The seven steps to forming a legal entity for a small business
    • Using a limited liability company (LLC) for an entrepreneurial startup?

  • Small Business Governance and Founders’ Agreements
    • Small business management structures for corporations and LLCs
    • Shareholders’ agreements (corporations) and operating agreements (LLCs)
    • “Buy-sell” agreements and restrictions on share transfer

  • Financing the Small Business or Startup
    • “Friends and family” offerings
    • Angel and venture capital offerings (for entrepreneurial startups)
    • Crowdfunding: the pros and cons
    • When you need to involve a securities law specialist

  • Questions & Answers (as time permits)
Duration of this webinar: 60 minutes
Originally broadcast: April 23, 2025 11:00 AM PT
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