MGT 401 Wk 4 Discussion – Legal Forms for Small Businesses

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Small businesses need to protect their company by being familiar with legal issues in the industry, as well as supplying the correct legal forms to vendors and customers. Identify a legal form necessary for a small business. Discuss the following information:

• What impact does this form have on the business?
• What would happen if a customer or vendor did not comply with the form?
• Where can a small business go for more information about this type of form?

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.