Protect Your Business Venture with Amanda Butler Schley

“Ignorance of the law excuses no one from practicing it,” this is according to Mizner's most notable. It is always a smart move to educate yourself on the legal aspects to protect your business and your assets. According to our guest, Amanda Butler Schley, it is smart to seek legal advice during the early years of your business. Legal protection should be prioritized as your business grows. Tune in as Amanda shares her expert advice on tax and HR issues and even the legal backend of putting up your business. Who is Amanda Butler Schley? Amanda resides in Louisiana and works as a lawyer and is also a biz owner who spends her career inspiring entrepreneur clients to take fearless but educated risks in their business ventures. She is known as the “entrepreneurs’ lawyer”. She eventually created her own law firm and continued working with entrepreneurs, providing them with legal advice around business aspects such as structuring entity property, HR issues, tax issues, operating agreements, etc. Amanda established her firm with the belief of having THE right team for the job is the most important factor in her business. Her daily 15–20-minute meetings should cover work-related agenda and the wellness of her team. Amanda’s mindset encourages flexibility and diversity in the workplace. Amanda’s Advice for Entrepreneurs According to Amanda, “There’s no amount of protection against any taxes that are owed...so I say (legal advice of taxes) make sure you are paying all the taxes you should be paying.” One of the first steps for the first-time entrepreneur is to make sure taxes are filed properly whether or not you are selling goods online or in local stores. It is best to put on armor to protect you and your assets against fines and penalties. She encourages entrepreneurs to regularly book legal consultations to make sure your business is always complying to the law. Pull out Quotes:  "The one issue with blazing your own path is that it gets a little lonely." "Every person likes to work a little bit differently and I think you let them work in the manner they want to work sometimes they bring you their best and if you create a construct that inhibits their flexibility you can end up not getting the best people." "People perform when they are much happier." "Regardless if they are an independent contractor or employee you need to have a contract with them that outlines the roles and duties and responsibilities."  "There's no amount of protection against any taxes that are owed...so I say (legal advice of taxes) make sure you are paying all the taxes you should be paying..."   Chapter Stamps: 00:00 Intro 00:30 Amanda's Backstory 01:36 Corporate Life 05:00 Techniques on Having a Team to Work With 07:14 Remote Workers: Independent Contractors vs Employee 13:25 Take on Remote Workers Offshore and its drawbacks 15:29 Amanda's Firm Structure 16:54 Dig Deep into Amanda's personal life and interest 21:39 Issues and Legal Advice to Entrepreneurs   Socials:   Website: https://www.lawgroup.biz Email: [email protected] Linkedin: https://www.linkedin.com/company/business-law-group-llc/ Facebook: https://www.facebook.com/louisianabizlaw/