Inspiring Entrepreneurs: The Podcast

Inspiring Entrepreneurs Episode 2: Business Entities with VT Law & Graduate School

May 23, 2024 Sara Season 1 Episode 2
Inspiring Entrepreneurs Episode 2: Business Entities with VT Law & Graduate School
Inspiring Entrepreneurs: The Podcast
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Inspiring Entrepreneurs: The Podcast
Inspiring Entrepreneurs Episode 2: Business Entities with VT Law & Graduate School
May 23, 2024 Season 1 Episode 2
Sara

In the second episode of "Inspiring Entrepreneurs: The Live Show & Podcast," we meet Nicole Killoran, Director of the Vermont Small Business Law Center at Vermont Law and Graduate School. This series introduces small business owners to the people behind organizations and agencies and learn about their services so that you are not by yourself as you work for yourself. 

 In this episode, Nicole Killoran discusses the role and services provided by the Vermont Small Business Law Center, which aims to make legal resources accessible to small business owners. The center offers educational presentations, legal consultations, and a referral system to connect business owners with local attorneys with up to 10 hours of free or low-cost legal advice. 

 We focused our conversation on business entities or, as we explain, structures that exist independently of their owners, providing legal protections and tax benefits:
· Types of entities (LLC, corporations, and sole-proprietorship)
· Advantages of entity structures such as liability protection, flexible management structures, and pass-through taxation
· How these structures lead to better business management and compliance

Resources Mentioned
· Vermont Small Business Law Center at Vermont Law & Graduate School: sblc.vermontlaw.edu
· Webinars presented by Vermont Law and Graduate School: sblc.vermontlaw.edu
   o Entity Basics: https://youtu.be/pNT00V7iIxo
   o Choosing the Right Entity for Your Business: https://youtu.be/_IhToN6KEcA

 Reach out to Nicole’s team at the Vermont Small Business Law Center on their website: sblc.vermontlaw.edu 

 To find more resources and additional Inspiring Entrepreneurs episodes, please visit the Vermont Small Business Development Center’s website: vtbdc.org.

 This show is made possible by the Community Navigator Pilot Program funded in part through a grant from the U.S. Small Business Administration. The views expressed are not necessarily those of the SBA.

 

Show Notes

In the second episode of "Inspiring Entrepreneurs: The Live Show & Podcast," we meet Nicole Killoran, Director of the Vermont Small Business Law Center at Vermont Law and Graduate School. This series introduces small business owners to the people behind organizations and agencies and learn about their services so that you are not by yourself as you work for yourself. 

 In this episode, Nicole Killoran discusses the role and services provided by the Vermont Small Business Law Center, which aims to make legal resources accessible to small business owners. The center offers educational presentations, legal consultations, and a referral system to connect business owners with local attorneys with up to 10 hours of free or low-cost legal advice. 

 We focused our conversation on business entities or, as we explain, structures that exist independently of their owners, providing legal protections and tax benefits:
· Types of entities (LLC, corporations, and sole-proprietorship)
· Advantages of entity structures such as liability protection, flexible management structures, and pass-through taxation
· How these structures lead to better business management and compliance

Resources Mentioned
· Vermont Small Business Law Center at Vermont Law & Graduate School: sblc.vermontlaw.edu
· Webinars presented by Vermont Law and Graduate School: sblc.vermontlaw.edu
   o Entity Basics: https://youtu.be/pNT00V7iIxo
   o Choosing the Right Entity for Your Business: https://youtu.be/_IhToN6KEcA

 Reach out to Nicole’s team at the Vermont Small Business Law Center on their website: sblc.vermontlaw.edu 

 To find more resources and additional Inspiring Entrepreneurs episodes, please visit the Vermont Small Business Development Center’s website: vtbdc.org.

 This show is made possible by the Community Navigator Pilot Program funded in part through a grant from the U.S. Small Business Administration. The views expressed are not necessarily those of the SBA.