The first edition of How to Structure Your Business for Success was written for veteran entrepreneurs in the Dept. of Defense's Transition Assistance Program ("TAP") who were participating in the SBA's Boots to Business workshop, which, at the time of this writing, remains part of the TAP. The goal was to provide entrepreneurs with basic, accurate information about the various types and kinds of business organizations (or "structures"), as well as a brief overview of, and introduction to, intellectual property ("IP") legal concepts.
This Third Edition of How to Structure Your Business for Success builds on, and significantly expands, the original work and the revised edition--both not formally published. This is the first edition that will have gone to print. While it is more than three times longer than the first edition, this Third Edition clocks in under 80 pages. It is designed to be read quickly, reread, and referenced often. The author often says to Boots to Business attendees: "This information is not designed to help you DIY your legal work, which you never should do! Rather, it's designed to prepare you for a conversation with your attorney."
In writing this book, the author wants to give readers a baseline of knowledge about the differences between sole proprietorships, partnerships, LLCs, and corporations; types of IP; and other start-up related legal matters. The purpose of this knowledge is to empower entrepreneurs and small business decision-makers, and make it less likely that an unscrupulous attorney may take advantage of their lack of sophistication.
Packed with irreverent and candid observations, hard-earned insights obtained through years of legal practice, and recommendations for further reading, this is an excellent jumping off point for any entrepreneur hoping to educate themselves on the legal basics of entrepreneurship.
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Noel Bagwell is a business attorney from Nashville, TN, where his boutique business law firm, ExecutiveLP(R), has its main office. At the time of this writing, he is the National Center for Preventive Law leader for Start-ups and Small Businesses. Since 2013, Noel has provided pro bono legal instruction to thousands of veteran entrepreneurs through the Dept. of Defense & SBA's Boots to Business workshop, and serving veteran entrepreneurs is a cornerstone of his practice. Additionally, Noel is a member of the American Bar Association, Tennessee Bar Association, and Nashville Bar Association; serves on the Nashville Bar Journal's Editorial Committee; has written articles published in the Nashville Bar Journal; and has written hundreds of blog articles, and has created other free digital content for the purpose of educating entrepreneurs and small-business decision-makers. Noel is also one of two co-hosts on The Honest Lawyer Podcast. Noel also is an experienced public speaker and teacher, who enjoys presenting on topics both inspirational and informative. When he's not writing, speaking, or teaching, Noel enjoys spending time with his family and friends, swimming, learning new languages, and traveling.
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