Do I need to create a business entity (LLC, C Corp…) if I am just an inventor looking to license my product/idea???
In today’s intellectual property environment, startups and individuals can make and retain substantially more profits ifthey consider intellectual property issues early in the business decision-making process.
At the October 21st Inventors’ Network meeting learn the legal and tax implications of creating a business entity and the liabilities of not creating a registered business.
• Keynote Speaker- Pam Ricker, CPA
Pam Ricker has dedicated herself to being a resource for small to mid-size businesses and individuals in need of accounting and tax services provided in an honest and reliable manner while adhering to a high level of ethics and integrity. She provides a high level of competent quality service with a proactive approach to help the business owner with his / her business, including essential planning for year-end taxes.
She takes an educational approach to accounting to help her clients understand their financial statements so they can use them as tools for their business. To help make doing business easier for her clients, she gives them access to strategic partnerships she has established for overall financial success. Referring clients to the financial section of their business plan or “road map” for success helps them create and maintain it. “There will always be detours and bumps in the road, but if you come back to the plan, you can get back on track.” She encourages other entrepreneurs to keep their focus.