Business legal basics for small businesses

Quick answer

This playlist explains the legal side of running a business in plain language. HMRC, Xero and QuickBooks compare sole traders, partnerships and companies, WIPO and MIT OpenCourseWare cover intellectual property and contracts, and Y Combinator explains founder equity. Play all on repeat as a short course, or A–B loop a definition until it is clear.

Play all on repeat

Videos in this playlist

  1. 1Which business structure should I choose? Sole Trader, Partnership or Limited CompanyWhich business structure should I choose? Sole Trader, Partnership or Limited CompanyHMRCgovukPlay from here Loop
  2. 2Advantages and disadvantages of sole proprietorship (US) | Small Business Guides | XeroAdvantages and disadvantages of sole proprietorship (US) | Small Business Guides | XeroXero Accounting SoftwarePlay from here Loop
  3. 3What Is A Sole Proprietorship? - QuickBooks USWhat Is A Sole Proprietorship? - QuickBooks USIntuit QuickBooksPlay from here Loop
  4. 4What Is A Partnership? - QuickBooks USWhat Is A Partnership? - QuickBooks USIntuit QuickBooksPlay from here Loop
  5. 5What Is An S-Corp?What Is An S-Corp?Intuit QuickBooksPlay from here Loop
  6. 6Tools for Entrepreneurs: Forming the Right Kind of EntityTools for Entrepreneurs: Forming the Right Kind of EntityGoogle for StartupsPlay from here Loop
  7. 7How to register a business name in the US | Small Business Guides | XeroHow to register a business name in the US | Small Business Guides | XeroXero Accounting SoftwarePlay from here Loop
  8. 8Session 3, Part 1: Legal IssuesSession 3, Part 1: Legal IssuesMIT OpenCourseWarePlay from here Loop
  9. 9Starting A Company? The Key Terms You Should Know | Startup SchoolStarting A Company? The Key Terms You Should Know | Startup SchoolY CombinatorPlay from here Loop
  10. 10Co-Founder Equity Mistakes to Avoid | Startup SchoolCo-Founder Equity Mistakes to Avoid | Startup SchoolY CombinatorPlay from here Loop
  11. 11How Much Equity to Give Your Cofounder - Michael SeibelHow Much Equity to Give Your Cofounder - Michael SeibelY CombinatorPlay from here Loop
  12. 12Intellectual Property: Building Your IP StrategyIntellectual Property: Building Your IP StrategyKauffman FoundersSchoolPlay from here Loop
  13. 13Classroom Conversations Episode 6: IP Licensing Basics for SMEsClassroom Conversations Episode 6: IP Licensing Basics for SMEsWorld Intellectual Property Organization – WIPOPlay from here Loop
  14. 14Classroom Conversations Episode 7: IP Basics for Content CreatorsClassroom Conversations Episode 7: IP Basics for Content CreatorsWorld Intellectual Property Organization – WIPOPlay from here Loop
  15. 15Classroom Conversations Episode 10: Using Intellectual Capital from Mind to MarketClassroom Conversations Episode 10: Using Intellectual Capital from Mind to MarketWorld Intellectual Property Organization – WIPOPlay from here Loop
  16. 16Classroom Conversations Episode 4: Unpacking Geographical IndicationsClassroom Conversations Episode 4: Unpacking Geographical IndicationsWorld Intellectual Property Organization – WIPOPlay from here Loop
  17. 17WIPO's Patent Cooperation Treaty: Helping Inventors Reach the WorldWIPO's Patent Cooperation Treaty: Helping Inventors Reach the WorldWorld Intellectual Property Organization – WIPOPlay from here Loop
  18. 18WIPO's Hague System: Helping Designers Go GlobalWIPO's Hague System: Helping Designers Go GlobalWorld Intellectual Property Organization – WIPOPlay from here Loop
  19. 19TAX BASICS: a Beginner's Guide to EverythingTAX BASICS: a Beginner's Guide to EverythingAccounting StuffPlay from here Loop
  20. 20How self-employment tax works and common self-employed tax deductionsHow self-employment tax works and common self-employed tax deductionsIntuit QuickBooksPlay from here Loop
  21. 21IRS Small Business Self-Employed Tax CenterIRS Small Business Self-Employed Tax CenterIRSvideosPlay from here Loop
  22. 22New to Self Assessment - an introductionNew to Self Assessment - an introductionHMRCgovukPlay from here Loop
  23. 23New to Self Assessment - records, budgeting and paymentsNew to Self Assessment - records, budgeting and paymentsHMRCgovukPlay from here Loop
  24. 24How do I register online for Self Assessment if I'm self-employed?How do I register online for Self Assessment if I'm self-employed?HMRCgovukPlay from here Loop
  25. 25Do I need to register my business for VAT?Do I need to register my business for VAT?HMRCgovukPlay from here Loop
  26. 26How do I keep records for VAT?How do I keep records for VAT?HMRCgovukPlay from here Loop
  27. 27Online sellers: do you need to pay tax?Online sellers: do you need to pay tax?HMRCgovukPlay from here Loop
  28. 28What is a 1099 Form? How to file 1099 in 2025What is a 1099 Form? How to file 1099 in 2025Intuit QuickBooksPlay from here Loop
  29. 29What is PCI Compliance? A Simple Guide for BusinessesWhat is PCI Compliance? A Simple Guide for BusinessesSquarePlay from here Loop
  30. 3010 Cybersecurity Mistakes Your Small Business Cannot Afford to Make10 Cybersecurity Mistakes Your Small Business Cannot Afford to MakeU.S. Small Business AdministrationPlay from here Loop

Which legal topics should a new owner learn first?

Start with business structure, because it affects your personal liability and taxes. Then learn how to register a business name, which taxes and records apply, how to protect a brand or invention, and how to split ownership fairly if you have partners. Contracts and data security come next.

How do I study these videos with RepeatWatch?

Legal terms are easier at 0.75×, so slow down and pause to write definitions. A–B loop the part of a video that compares structures, save the chapters of the longer MIT and WIPO talks on keys 1–9, and replay them before you meet an adviser.

Frequently asked questions

Why are some videos about the UK or the US?

Government agencies explain their own rules, so HMRC covers the UK and the IRS and SBA cover the US. The ideas, such as limited liability, VAT or sales tax, and trademarks, exist in many countries, but names, thresholds and forms differ, so check your local regulations.

Do I need a lawyer to start?

Many small owners register a simple business themselves. A lawyer or accountant is worth it before you form a company with partners, sign a lease, take investment, or file a trademark or patent, because mistakes there are costly to undo.

Is this legal, tax or financial advice?

No. These videos are educational and come from the channels that published them. They are not legal, tax or financial advice for your situation. Laws differ by country, so speak to a qualified lawyer or accountant where you live before acting on anything here.