This package of resources and articles was designed to introduce students to the major legal questions which must be considered when starting a small business.
The information was designed to complement Legal Studies module 3050: Law and Small Business, however it could be used in other subjects such as CALM or Social Studies. Topics covered in this package of information include:
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the various ways in which a small business can be organized (propietorship, partnership, corporation);
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the advantages and disadvantages of establishing a business in a leased property;
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financing options and considerations;
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contracts – what needs to be put in writing; and
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the rights and responsibilities of both employers and employees.
Note: the articles and activity contained within this package were originally published in a July 2009 issue of LawNowmagazine. They have since been reviewed and updated for 2010.
