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Technology Revolution: The Future of Now

Legal Lessons for Women Business Owners - Part 2

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 16 March 2016

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: It’s the law. Attention, female entrepreneurs! As you aspire to become million-dollar women, growth will bring complexity and risk. Legal issues will crop up more often. Penalties for not complying will be more severe. How can you navigate common legal issues as you grow and create leverage in your business—without getting a law degree? Take notes! The experts speak. Nina Kaufman, Esq.: “Why not treat yourself to a good time instead of waiting for someone else to do it?” (Fortune cookie). Nance L. Schick, Esq.: “If it looks like a duck, and quacks like a duck, we have at least to consider the possibility that we have a small aquatic bird of the family Anatidae on our hands” (Dirk Gently's Holistic Detective Agency, Douglas Adams). Renée L. Duff, Esq.: Whoever renders service to many puts himself in line for greatness—great wealth, great return, great satisfaction, great reputation, and great joy (Jim Rohn). Join us for Legal Lessons for Women Business Owners – Part 2

Transcript

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0:00.0

Welcome to the most nutritious hour of business talk all week.

0:13.7

This is Coffee Break with Game Changers, presented by SAP.

0:17.7

The best run business is run SAP.

0:20.3

Your host and moderator is Bonnie D. Graham. You'll hear from

0:23.2

the innovators who have learned to use game-changing technologies to shake up the status quo and help

0:28.1

move today's businesses in new directions. Now, here's Bonnie D. Graham. Welcome, welcome, welcome. And if you

0:34.8

want to run with the game changers oh you already know you're in the

0:38.0

right place this is coffee break with game changers if you're keeping count i am this is episode

0:43.3

number 22 we started the show way back this is the the grandma the grandpa of all of our game

0:49.5

changers show started back on october 5th 2011 so happy you're joining us. Today, well, what can I tell you?

0:56.0

Here's the buzz on the street. Yes, it's still the law. Okay. Attention, women, entrepreneurs,

1:02.2

and men, you can listen to, of course. We don't exclude anybody here. Ladies, as you aspire to become

1:08.5

million-dollar women, I want to say million-dollar babies,

1:11.3

but I don't want anybody to get offended. You have to know that growth brings complexity,

1:16.7

and with it, it brings risk. What happens to the legalities of doing business? Well,

1:22.1

issues are going to crop up often, more often, maybe giving you a headache. And what happens

1:27.4

if you don't comply? Well,

1:29.3

think dollar signs, ka-ching. We're talking about penalties and they are going to get more and more

1:34.3

severe. So in order to cope with common legal issues, we're not talking about anything terribly

1:39.3

complex in terms of the law, just some common sense stuff. If you don't know it, well, do you need a law

1:46.1

degree? I don't think so. The reason, we have three business attorneys on with us. Again,

1:52.5

this is part two from our show last week, legal lessons for women business owners. And instead of

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