Preparing the proper ethical and legal foundation

소개글

Entrepreneur가 idea를 행동으로 옮기는 첫단계로서 윤리적 법적 기초를 준비하는 원서 요약 내용

목차

Ⅰ.Initial Ethical and Legal Issues Facing a New Firm
1. Establishing a Strong Ethical Culture for a Firm
2.Choosing an Attorney for a firm
3. Ethically departing from an employer
4. Drafting a Founders’ Agreement
5. Avoiding Legal Disputes

Ⅱ.Choosing a Form of Business Organization

1. Sole proprietorship
2. Partnerships ( General Partnerships , Limited partnership )
3. Corporations ( C corporations, Subchapter S corporations )
4. Limited Liability Company

본문내용

Which practices do you think are legal and which ones do you think aren’t legal?
Avoiding Social Security payments for independent contractors
Hiring only experienced help
Preempting potential competition with prices below costs
Agreeing to divide a market with rivals

There are tendencies for entrepreneurs
to overestimate their knowledge of the law.
to underestimate the amount of legal support they’ll
need in the early stages on launching a business.

1. Establishing a Strong Ethical Culture for a Firm
Establish a Code of Conduct
- A formal statement of an organization’s values on certain ethical & social issues.
- It provides specific guidance
to managers and employees regarding what is expected of them in terms of ethical behavior.
Implement an Ethics Training Program
- Ethics Training Program teach business ethics to help employees deal with ethical dilemmas
and improve their overall ethical conduct.
- An ethical dilemma is a situation that involves doing sth that is beneficial to oneself or
the organization, but may be unethical.

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