Episode Summary: In this episode of the Business Law, Estate Planning and Estates Podcast, Thomas LaPorte explains the essential legal and practical steps every new business owner should take when launching a company. Drawing from more than 25 years of experience advising entrepreneurs, families, and business owners, Thomas discusses how to choose the right business structure, minimize risk, create clear partnership agreements, and develop employee policies that protect the company from future liability. He also addresses common mistakes that lead to disputes, overlooked compliance issues, and how proactive planning can prevent costly problems down the road.
Key Timestamps: 00:01 – Welcome and Introduction: Getting Started on the Right Legal Footing 01:00 – Choosing the Right Legal Structure for Your Business 02:45 – Understanding Business Risks and How to Minimize Them 04:45 – Why Partnership Agreements Are Crucial in the “Honeymoon Phase” 06:15 – Common Disputes and Legal Issues in Early-Stage Businesses 08:30 – Contract Pitfalls and How to Protect Yourself 10:15 – Government Filings, Taxes, and Compliance for New Businesses 12:10 – Creating Employment Policies and Handbooks That Protect Your Company 14:00 – Legal Requirements for Leave, Benefits, and Discipline Procedures 15:30 – Commonly Overlooked Legal Details and Mandatory Harassment Policies 16:45 – Importance of Payroll Compliance and Timely Employee Payments 17:50 – Final Advice: Plan Ahead and Stay Legally Prepared
About the Show: The Business Law, Estate Planning and Estates Podcast explores practical legal insights to help individuals, families, and business owners protect their assets, plan for the future, and build sustainable businesses. Hosted by Thomas LaPorte, founder of LaPorte Law Group, the series provides expert advice on business law, estate planning, and probate for clients across New Hampshire and Massachusetts.
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by Audiochuck Media Company.
The Brothers Ortiz
The Brothers Ortiz is the story of two brothers–both successful, but in very different ways. Gabe Ortiz becomes a third-highest ranking officer in all of Texas while his younger brother Larry climbs the ranks in Puro Tango Blast, a notorious Texas Prison gang. Gabe doesn’t know all the details of his brother’s nefarious dealings, and he’s made a point not to ask, to protect their relationship. But when Larry is murdered during a home invasion in a rented beach house, Gabe has no choice but to look into what happened that night. To solve Larry’s murder, Gabe, and the whole Ortiz family, must ask each other tough questions.