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Here is the link to the video lecture presentation on YouTube: https://youtu.be/YaA9mvEuHtI
Extra content for understanding the concepts
Legal Forms video by John Deere Financial: https://youtu.be/A-Up-JUkaj0
Determining the Best Legal Structure for Your Business: https://www.entrepreneur.com/article/236450
Small Business Encyclopedia – Legal Structure: https://www.entrepreneur.com/encyclopedia/category/business-structure
Sole Proprietorship: https://www.entrepreneur.com/encyclopedia/sole-proprietorship
SBA Legal Forms: https://www.sba.gov/business-guide/launch-your-business/choose-business-structure
Legal Forms and Legal Documents: https://www.lawdepot.com/contracts/groups/?loc=US#.YsxQ3HbMK39
The Top 7 Legal Documents for Every Startup: https://www.entrepreneur.com/article/253997
Business Licenses and Permits
Federal and State from SBA website: https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits
State Licenses and permits from Entrepreneur Magazine: https://www.entrepreneur.com/article/38882
Taxable services in Texas: https://comptroller.texas.gov/taxes/publications/96-259.php
Non-profit sales tax exemption: https://comptroller.texas.gov/taxes/publications/96-122.php
Texas – Taxes at grocery and convenience stores: https://comptroller.texas.gov/taxes/publications/96-280.php
Other Taxes and Non-profits
Business taxes: https://www.irs.gov/businesses/small-businesses-self-employed/business-taxes
Charities and Non-profits: https://www.irs.gov/charities-and-nonprofits
Types of Business Insurance: https://www.thehartford.com/business-insurance/types-of-insurance
Special Coverage Insurance: https://www.entrepreneur.com/encyclopedia/special-coverage-insurance
For this Reflection, I am going to ask you to ingest the material and synthesize it into a six-page essay. Use all six pages to convey your answer.
You have been hired to write an article for a local “young entrepreneurs” club newsletter and website. The topics that you’ve been assigned to write about include: legal structure, legal documents and forms, business licenses and permits, sales and business taxes, and insurance. The article is meant to introduce young people with interests in entrepreneurship and starting a business to these important topics. After a thorough study of these topics, write up a “things you must understand” article for the club. Use your own words and make it readable to the young, inexperienced, and enthusiastic audience–make it readable and less scientific-looking with lots of cites and sources. The club newsletter and website article should be directed to a local audience within your state. Be helpful, be thorough, be interesting, and be an authority.