Legal Guide to Starting and Running a Small Business - 40 CPE Hours - (BUS225)

Regular price $229.00


  • Explain how small business owners decide which way to organize their business. · Define a sole proprietorship. 
  • Explain the difference between flow-through taxation and entity taxation.
  • Explain the differences between C corporations and S corporations.
  • Describe how a flexible management structure works in an LLC.
  • Explain how to create a partnership agreement and the necessary component of such an agreement.
  • Explain how a corporation is structured.
  • Describe the 3 main ways a person can fund a corporation.
  • List the 12 steps to incorporate.
  • Describe the 2 ways in which assets come into an LLC.
  • Define articles of organization.
  • Explain what can happen if there is no buyout agreement.
  • Describe the 2 major tax registrations every owner should know.
  • Describe some of the possible local license and permit requirements.
  • Explain how to apply for an EIN.
  • Describe the differences between straight-line depreciation and accelerated depreciation.
  • Explain the 13 most common sources of money that entrepreneurs tend to rely on.
  • Describe the advantage of having a broker value your business before selling it.
  • Define a franchise.
  • Explain how to determine what insurance to have for your business and the amount to buy.
  • Describe the differing clauses that are placed within lease agreements.
  • Explain some of the unlawful preemployment inquiries.
  • Explain how to keep advertising within safe, legal limits.
  • Define a small business contract.
  • Explain the advantages of having small business contracts.

Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Instructional Method: This program is a QAS Self Study offering.
Field of Study: Business Law

Registration Requirements: In order to purchase this program, you can add this course to your cart and continue with the purchase, or you may contact Sammie McComas at or 1-866-412-5352.

Program Refund Policy: Your satisfaction is our first goal. All courses may be returned for a refund or exchange within 30 days of purchase provided the materials have not been used and the tests have not been taken. Shipping and handling charges are not refundable. For more information regarding administrative policies such as complaint and refund, please contact our offices at 1-866-412-5352.

Complaint Resolution Policy: All complaints will be handled in a timely and efficient manner to ensure the complete satisfaction of our students. For more information regarding administrative policies such as complaint and refund, please contact our offices at 1-866-412-5352.

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