Thank you Jack Schuler, attorney at Safe Journeys/ADV & SAS, for visiting and talking about business law. As young entrepreneurs, it's important to have a general understanding of business law. Jack explained the difference between business associations, including partnerships, sole proprietorships and LLCs, etc. He also talked about contracts, business liability and the distinction between employees vs. independent contractors. Overall, we learned what to be aware of, the importance of getting agreements in writing and preparing/planning in case of a business dissolution. We also appreciate the scenarios he shared with us to give us an understanding of how all of these issues play out in the real world.
08May
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