To learn more about The Enterprising Lawyer: Taking Care of Business, click here.

Now that you have determined your core values and have a keen sense of the direction of your business, set your vision in motion by preparing a business plan and business structure that best compliments you.

A business plan is an important reference tool to help you organize short term and long term actionable goals.  Do you really need one?  Gain insight into the essentials of a successful business plan, how to set appropriate bench marks, track progress, avoid common risk exposure issues, and encourage growth.  Delve into:

• Business Plan
  • Do you need one?
  • Examine essential parts of a business plan
  • Obtain forms and templates to help you get started
  • What resources are available to help you develop your plan?

• Business Structures 
  • What different structures are available?  What is best for me?
  • Ethical issues, risk mitigation, liability considerations and implications of different business structures
  • Tax considerations and implications on chosen structure

• Fee Structures 
  • How to determine your fees? What to charge? 
  • How do you make money (stay profitable)?
  • What FREE resources are available?
  • What are the advantages and disadvantages of a flat fee model?

• Determining Your Client Base 
  • What kind of market research is helpful to determine scope of client base? What resources are helpful? 
  • Challenges and special considerations when starting from scratch compared to taking over an existing client base from a retiring sole practitioner or law firm
  • Is it harmful or helpful to my bottom line if I specialize?

SPEAKERS

Ian Hu, Counsel, Claims Prevention and practicePRO 
Vikas Jain, Small Business Consultant, Enterprise Toronto
Economic Development & Culture, City of Toronto
Quinn Ross, The Ross Firm Professional Corporation

This program and others in the series are available to members only:  JOIN NOW!