285B Week 4 Lecture 1 IP and Corp Law TD

285B Week 4 Lecture 1 IP and Corp Law TD - Click to edit...

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Unformatted text preview: Click to edit Master subtitle style ENG 185B/285B New Venture Creation: Entrepreneurship Intellectual Property ENGR185B/285B ENGR185B/285B 22 Today’s Roadmap • Assignment 3 Due • Guest Speaker • Intellectual Property Overview – See legal handouts posted to Central Desktop ENGR185B/285B 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 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...
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This note was uploaded on 05/02/2010 for the course ENGR 185b taught by Professor Staff during the Fall '08 term at UCSB.

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285B Week 4 Lecture 1 IP and Corp Law TD - Click to edit...

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