SASSI LLC – The olderpreneur’s check list

1. Designate the proper business entity.
2. Check which licenses, permits, and registrations your business
3. Make sure you are paying proper business taxes.
4. Do proper bookkeeping.
5. Get a founders’ agreement in writing.
6. Set a vesting schedule for all founders and early employees.
7. Get your employer identification number (EIN).
8. Protect your intellectual property (IP).
9. Classify your workers properly.
10. Purchase workers’ compensation insurance.
11. Make sure you’re in compliance with securities laws.
12. Follow email regulations.
13. Make sure your investors are accredited.
14. Establish a privacy policy.
15. Create a company handbook.
16. Hire competent legal counsel.

This information was part of the SASSI LLC training materials. If you want to learn more, visit the Guide to becoming an Olderpreneur on the SASSI Hub.