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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/