285B Week 4 Lecture 1 IP and Corp Law TD

285B Week 4 Lecture 1 IP and Corp Law TD - ENG 185B/285B...

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Click to edit Master subtitle style ENG 185B/285B New Venture Creation: Entrepreneurship Intellectual Property
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ENGR185B/285B 22 Today’s Roadmap Assignment 3 Due Guest Speaker Intellectual Property Overview See legal handouts posted to Central Desktop
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ENGR185B/285B 33 Legal Structures Sole Proprietor Lifestyle businesses Partnership Service businesses Limited Liability Corporation Good initial structure Tax advantages of Partnership, protection of a Corporation C or S corp Often required by Institutional investors See online Venture Checklist
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44 Sole Proprietorship Partnership S Corporation C Corporation Limited Liability Company Cost to Form Zero to low Low to moderate Moderate Moderate Moderate Protection from Personal Liability NO NO Yes Yes Yes Flexibility in type of investor Not Applicable High Low High Moderate to High Flexibility in type of investments Not Applicable High Moderate High High Tax Status Owner is taxpayer Pass - through
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