Business Entities, Laws, and Regulations

Presented by:Janell Houston,

Patty Kelley,Cara Loukinen,

and Ashley Walters

BUS/415Steve Hoffmeyer

IntroductionSports Bar & RestaurantExtermination BusinessConstructionQ & A

Sports Bar & RestaurantBusiness Entity

Proprietorship/ Partnership CorporateFranchise/Chain

Market StructureNeighborhood choiceCompetitorsCommunity Involvement

Laws & RegulationsSafety & SanitationLiquor & Food

Sports Bar & RestaurantTax Bracket

# of EmployeesSize of BuildingFinancial Margin

Insurance Liabilities EmployeesGuests

Laws & RegulationsSafety & SanitationLiquor & Food

Extermination BusinessBusiness Entity – Frank

Sole Proprietorship Open Multiple Businesses LLC Franchises

Taking Control Pros

Total control over all assets & liabilities Profits Business decisions Employees Shareholders

Cons No Diversity Takes all risks Responsible for all liabilities

Extermination BusinessTaxation

Depends on direction Personally Owned Limited Liability Company (LLC) Franchised

Liability Issues Responsible for all legal

obligations Franchises have separate

liability

Surebuild, Inc.Limited Liability Company (LLC):

Legal EntityCombo of general partnerships, limited partnerships,

and corporations.Own assets and liabilitiesShield shareholders from personal liabilities of

company’s debtsChoice to be taxed as partnership or corporation.

Avoid double taxation.Owners manage business with limited liability.

Surebuild, Inc.Hiring jackhammer operator with high

school diploma.Candidates:

Michelle (35) - appears pregnant with former jackhammer experience and is high school graduate.

Eric (55) - experienced with jackhammer, but has no high school diploma.

Felipe (38) - speaks no English with no high school diploma. Has jackhammer experience.

Nick (23) - epileptic college graduate with no experience as jackhammer.

Risks InvolvedAll companies should have adequate business insurance

for protectionRestaurant and bar risks

Economy Alcohol use

Exterminators risksInfections HomeownersChild labor laws

Construction workers risksEquipment protection

Employment Laws Equal Employment Opportunities (EEO)

DiscriminationSexual HarrassmentFederal Contract or SubcontractPost EEO Poster and othersRecordsRecruitingRestaurant servers and liquor lawsExterminatorsConstruction

Employment Regulations Restaurant State and Federal liquor lawsExterminator State laws

Food safetyConstruction Worker

OSHAAll companies

Blood PathogensEmployee Rules of ConductBusiness Conduct Guidelines

References Cheeseman, H. R. (2010). The legal environment of business and online commerce: Business ethics, e-commerce, regulatory,

and international issues. (6th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. Newland Jr., J. R. (n.d.). Best Choice of Business Form for Construction Contractors. Retrieved from

http://www.newlandassociatespllc.com/articles/best-choice-of-business-forms.pdf University of Phoenix. (2011). Syllabus for BUS/415 Version 9 Business Law. (Available from the University of Phoenix, 587

Bielenberg Drive, Suite 100, Woodbury, MN 55125) Handout: the U.S. Equal Employment Opportunity Commission (EEOC). (2007, August). Equal Employment Opportunity is

The Law. Retrieved from http://http://www.dol.gov/regs/compliance/posters/eeopost.pdf United States Department of Labor. (n.d.). Office of Federal Contract Compliance Programs (OFCCP): Guide for small

businesses with Federal Contracts. Retrieved from http://http://www.dol.gov/ofccp/TAguides/sbguide.htm#Q11  U.S. Department of Labor Occupational Safety & Health Administration. (n.d.). United States Department of Labor:

Occupational Safety & Health Administration: We can help for construction workers. Retrieved from http://http://www.osha.gov/Publications/OSHA3252/3252.html

National Club Industry Association of America (NCIAA). (2012). The Official trade organization of the nightlife & club industry: Our industry. Retrieved from http://http://www.nciaa.com/content.aspx?page_id=22&club_id=160641&module_id=29898

BLR - Business and Legal Resources. (n.d.). Simplify compliance drive success: Bloodborne pathogens. Retrieved from http://http://www.blr.com/safetytips/bloodborne-pathogens

Food Service Warehouse. (2012). Restaurant Equipment and Supplies: Employment laws and labor laws in the restaurant. Retrieved from http://http://www.foodservicewarehouse.com/education/restaurant-operations/employment-labor-laws.aspx

United States Department of Labor. (n.d.). Summary of the major laws of the Department of Labor. Retrieved from http://http://www.dol.gov/opa/aboutdol/lawsprog.htm

Get free legal forms. (2010). Get free legal forms: Employee rules of conduct. Retrieved from http://http://www.getfreelegalforms.com/employee-rules-of-conduct/