Legal Pillar

COURSE DESCRIPTION

In this course, you will learn about the legal aspects of doing business right and setting proper safeguards in place to avoid pitfalls that can be detrimental to your business

This Course is built on The 6 Pillars of Business Success: Doing Business Right
by Roger Doumanian available on Amazon.com

HERE IS WHAT YOU WILL LEARN

Occasionally, we may add new tutorials to this course. All new materials will be marked "new". Please check back from time to time to ensure that you are taking full advantage of new tutorials as they are added. Happy learning!

BEGINNER TUTORIALS

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Introduction to the Legal Pillar - Run Time: 10 Minutes

In this tutorial, we will give you a breakdown of the Legal Pillar and explain how this Pillar is essential to establishing a business built on a solid foundation, independent of a fluctuating economy™.   

Areas of Law that Affect Business

In this tutorial, you will learn about the multitude of laws that regulate businesses in the United States. Depending on your industry, some laws will apply to your business while others won’t. Get familiar with these laws and learn how to work with the experts who will help your business remain compliant. 

Selecting the Right Business Entity

Corporations, limited liability companies, partnerships, and sole proprietorships. These are all business entities, but which one is right for you? In this tutorial, you will learn the differences between these entity types and the advantages and disadvantages of each one.  

S Corporation vs. C Corporation

In this tutorial, we will cover the differences between C and S corporations, explain the pros and cons of each, and discuss the professionals most qualified to help you make the right choice between the two. 

Corporation vs. Limited Liability Company

What is the difference between a Corporation and a Limited Liability Company? What are the pros and cons of each? Does one provide more protection than the other? We will answer these and many more questions in this tutorial. 

Standard vs. Professional Corporation

In this tutorial, we will explore the difference between a Standard and a Professional Corporation. We will discuss who qualifies to be a shareholder of a Professional Corporation and who doesn’t.  

For-Profit Corporation vs. Non-Profit Corporation

In this tutorial, we will explain the difference between a For-Profit Corporation and a Non-Profit Corporation. We will discuss when an organization crosses the line in one direction or another and will touch on how, under certain circumstances, the two can co-exist.

Business Contracts 101 (Basic)

In this tutorial, we will cover the basics of business contracts and highlight the dos and don’ts of entering into written agreements. Learn to identify and avoid the most common mistakes made by business owners when negotiating and entering into business agreements that can come back to haunt them.

Doing Business with Friends and Family

One of the fastest ways to destroy the relationships that mean the most to you is to go into business with them. In this tutorial, we will talk about the advantages and disadvantages of going into business with friends and family, and how to keep the peace if you already have.

The Oblivious Business Owner

There is a reason why so many businesses fail within the first few years… it’s because most owners are oblivious to the laws and regulations that govern their businesses. In this tutorial, you will learn why many are oblivious and how you can be different than most. 

INTERMEDIATE TUTORIALS

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Corporate Compliance 101

In this tutorial, you will learn what Corporate Compliance is, the consequences of failing to comply with corporate formalities, what some of the basic formalities are, and how to ensure that your corporation remains compliant at all times.

LLC Compliance 101

In this tutorial, you will learn what LLC Compliance is, the consequences of failing to comply with limited liability company formalities, what some of the basic formalities are, and how to ensure that your LLC remains compliant at all times.

Business Contracts 102

In Business Contracts 101, we covered the basics of business agreements. In this tutorial, we discuss the intrinsic details of business contracts and point out the little things that can cause big problems when overlooked.   

Commercial Property Leases

So it’s time for you to lease office or warehouse space. Ready to sign that complicated 30 to 8- page Commercial Property Lease? Be careful, that contract is full of one-sided terms that are not to your advantage. Learn about the common pitfalls and traps in these types of agreements and get ahead of the game. 

Shareholder Buy/Sell Agreements Explained

If your corporation has shareholders but no Shareholder Buy/Sell Agreement in place, you are going to face serious challenges when one of your shareholders decides to sell their shares, leave the company, or passes away. Watch this tutorial to learn why. 

LLC Operating Agreements Explained

In this tutorial, you will learn what an LLC Operating Agreement is, why every limited liability company needs one, and how a “one size fits all” approach does not work when drafting an Operating Agreement. 

Purchase Agreements (Asset, Stock, Membership Interest)

In this tutorial, we will discuss the key agreements used in the sale and purchase transaction of a business, whether the sale involves the assets only, full or partial corporate ownership (a stock sale), or full or partial limited liability company ownership (membership interest sale). 

Accountants Giving Legal Advice - That's A No No!

Accountants, unless they are also licensed attorneys, should never give legal advice or form business entities. Why? Because they are accountants, not lawyers. Watch this tutorial to learn about the risks associated with taking legal advice from your tax advisor.  

Establishing the Legal Pillar

In this tutorial, you will learn how to Establish the Legal Pillar one step at a time. 

ADVANCED TUTORIALS

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The Consequences of "MIS"ing Around

In this tutorial, we will teach you about the consequences of Misrepresentation, Mistreatment, Misallocation, Miscommunication, and a number of other “Mis”es that could land you in serious legal trouble or even jail. Don’t “Mis” Around. 

Succession Planning

In this tutorial, we discuss Succession Planning to help you understand how to plan for the inevitable time when you have to decide who will take your place to lead your business and keep your legacy alive. Will it be a family member, a star employee, or a competitor by way of a merger or acquisition?  

Business Contracts 103

In this tutorial, we will cover the most comprehensive topics of business contracts, including the tricks and tactics used by lawyers to place and shift unwanted liabilities to unsuspecting business owners like you. 

Traps and Pitfalls (Labor Law)

If you have, or are thinking of hiring employees, this tutorial is a must-watch! Labor law is full of traps and pitfalls that can be very costly for your business. Everything from lunch breaks and sick pay to discrimination and sexual harassment laws can and will be used against. So how do you protect yourself and your business? Join us to learn more.

Traps and Pitfalls (Americans with Disabilities Act)

The Americans with Disabilities Act was created to ensure that individuals with disabilities have equal rights and opportunities to everyone else. However, it has created a major problem for unsuspecting business owners who don’t know that they are unintentionally violating the law by failing to comply with the requirements of the ADA. In this tutorial, we walk you through the Act and highlight the key concerns you should be aware of. 

Traps and Pitfalls (Privacy Protection Laws)

Both federal and state laws protect the private information of individuals. In this tutorial, we will what these laws cover and how they apply to small business owners. The way you collect, protect, and manage the private information of your customers can get you in serious trouble. Don’t be oblivious to these laws. 

Risk Management & Mitigation

In this tutorial, we provide tips and guidance on detecting, managing, and mitigating risks before they become major fires that can be detrimental to your business. While risks can’t be avoided, they can definitely be mitigated with the proper procedures and planning. Join us to learn how. 

Intellectual Property 101 - Protecting Your Brand - Run Time: Approximately 20 Minutes

In this Tutorial, you will learn about business Intellectual Property (commonly referred to as IP). We will cover the 4 different types of IP, how they apply to your business, how to protect your Intellectual Property, and the do’s and don’ts of IP ownership and management.

Intellectual Property - Trademarks and Service Marks

In this tutorial, we discuss Trademarks and Service Marks, which are used to protect the brands you develop and the names under which you conduct business from misuse or tarnishment by others. Learn how to prevent others from infringing your marks and yourself from infringe the marks of others. 

Intellectual Property - Copyrights

In this tutorial, we will explain what Copyrights are, what they protect and for how long, who can register a Copyright, and where registration applications are filed. We will also explain what Copyright Infringement is and how it can be committed against you or by you with or without your knowledge.  

Intellectual Property - Patents

What are patents? What do they protect? Who can get one? Why are they so expensive? In this tutorial, we answer all of these questions and more. Patents are designed to protect inventions, but not every invention can be protected. Join us in this tutorial to learn the Patent basics. 

Intellectual Property - Trade Secrets

In this Tutorial, you will learn about Trade Secrets. What are Trade Secrets? How will you protect them? What kind of agreements do you need to have your employees and vendors sign to protect your Trade Secrets, and how does the law regulate the use of such agreements? 

Courses Related to This Topic

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BONUS TUTORIALS

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Building Your "A" Team - The Lawyers - Run Time: Approximately 45 Minutes

Your “A” Team is the group of top advisors that are going to help you steer your business in the right direction. Join us in this interview with our special guest to learn more about selecting your “A” Team Member – The Lawyer. 

Legal Proofing Your Website - Run Time: Approximately 45 Minutes

You may not know this but your business website can get you in serious trouble, even sued. Join us as we interview our expert guest and learn the do’s and don’ts of website development, operations, and marketing. 

Estate Plans - Don't Die Without One (Featuring Special Guest: Edward O'Hare, Esq.) - Run Time: Approximately 45 Minutes

Join us and our estate planning professional to learn about trusts, wills, succession planning, and what each of these things has to do with your business. If you want to pass your legacy on to your children or someone as qualified as you are to run your business, this is the place to start. 

Risk Management - Closing the Security Gaps (Featuring Special Guest: Kris Cannon, CEO of Aviation Secure, Inc.) - Run Time: Approximately 45 Minutes

Join us as we interview our Security Expert Kris Cannon to learn about the one topic that most business owners neglect until it’s too late. Safety and Security in the workplace. 

Mergers and Acquisitions 101 - Run Time: Approximately 45 Minutes

What are mergers and acquisitions? How do they work? Are they only for big corporations or do they apply to small businesses as well? Join us as we interview our M&A expert and discuss the most essential aspects of mergers and acquisitions. 

Course Metrics

Total Tutorials

Video Hours

Downloadable Materials

Guest Speakers

Course Materials

Our Courses contain the following materials, all of which are available to you as a part of your enrollment to RDC Academy at no extra charge: pre-recorded video tutorials, live webinars*, downloadable PDF study manual and worksheets, a self-paced study checklist, as well as bonus materials*.

*not all courses will contain live webinars/instruction or bonus materials.

DISCLAIMER: This Course is for educational purposes only, and is not a certification program. No certificate will be issued upon your completion of this Course.

Course Sponsor

The Legal Pillar Course is brought to you by our Sponsor, Roger Doumanian®, Attorney at Law, APC, a trusted business law firm focused on advising and representing startups, small business owners, and privately held corporations in California and Texas.

Headquarters

RDC Academy, Inc.
28494 Westinghouse Place, Suite 104
Valencia, California 91355

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OUR MISSION

Our mission is to empower small business owners with practical knowledge gained from real-life business experience. 

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