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WEEK TWO: Forming Your Business – Legally Speaking

Welcome to Week Two of Build A Financially F.I.T. Business.

Here is your first video (8:19 minutes).

EXERCISE: Download Your Legal Fitness Checklist

Next, let’s start to look at business formation (13:32 minutes).

HANDOUT: Download Hobby vs Business Factors

What are the Legal Business Structures? Check out this next video (24:09 minutes)

HANDOUT: Download Legal Business Structure Chart

Watch this next video for an explanation of limited liability and “piercing the corporate veil.” (23:02 minutes)

EXERCISE: Download Asset Liability and Risk Inventory

Now let’s take a quick look at taxes. (13:07 minutes)

EXERCISE: Download Simplified Payroll & Income Tax Calculations

This video will guide you through the Simplified Payroll & Income Tax Calculations Exercises (16:25)

Here’s a video on what I call “other considerations.” (9:22 minutes)

Finally, when do you form a legal business structure? (13:25 minutes)

HANDOUT: Download Business Formation Checklist

That’s all she wrote! I’ll see you over in the Feisty Gal Forum, and talk to on Friday’s LIVE Q&A Phone Call. Here’s to your Legal and Financial Fitness!!

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