5 Most Important Legal Things Every Business Owner Must Know

5 Most Important Legal Things Every Business Owner Must Know

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If you want your business to grow, to expand and one day to become a large corporation with diverse operations and steady profits, getting proper legal documents and understanding your legal requirements is one of the most important conditions. In this video I will discuss the five most important legal things that every business owner and manager should know, understand and eventually have for their business:
1. Understand different forms of business operations, their benefits and drawbacks and how to decide which one is appropriate for you. Please see our video here:
https://www.youtube.com/watch?v=2KsJZaVE4r8&t=2s
and here: https://www.youtube.com/watch?v=L8OIJDFG3RQ&t=22s

2. Understand business name, its registration and protection processes. Trademark your product or service name as soon as it becomes known and recognizable. Make sure to register a trademark in every country where you plan to operate.
https://www.youtube.com/watch?v=CfOtLM-UIjE&list=PLEN1BOaJtX9h39R3_VuHp0I-imhtTvk8L

3. Understand your contracts. What is a business agreement, how to make it enforceable, what to include in it. For further information see our video here:
https://www.youtube.com/watch?v=oPk_QJi-Fsc&t=2s

4. Employees and Subcontractors – understand the benefits and drawbacks of each and get proper structure of your relations with each of these groups. Please see our two part video here:

Part I: https://www.youtube.com/watch?v=VKiKz821vVY&t=1s
Part II: https://www.youtube.com/watch?v=izrQ7fxZQio&t=153s

5. Understand your compliance responsibilities and implement proper compliance systems. Every business must comply with health and safety, human rights, workplace violence and harassment and other laws and regulations that intend to protect your workers, clients, visitors and the general public.
https://www.youtube.com/watch?v=xS3LBGtp_Lo



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#LegalDocuments #LegalRequirements #BusinessProtection #BusinessAgreement #Compliance


All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES – Canadian Business and Enterprise Services does not offer legal advice online or on its YouTube channel. Please consult a professional before you act in reliance on the information contained in our videos.


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https://legalvideos.club/business-attorneys/12-questions-to-ask-before-hiring-a-lawyer-2023