What is Your Business Worth?

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Quiz Questions

1.
Have you formed a business entity that separates your business and personal assets?
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- A.
  I haven’t, but I’m ready to do this ASAP.
- B.
  Yes, I took care of this immediately.
- C.
  I need to do this, but I’m 1000% overwhelmed
2.
Are your business name and/or logos trademarked?
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- A.
  Trademarks are secured over here!
- B.
  This is exactly why I’m here!
- C.
  No. I am not sure if I need to do this
3.
You just got served with a lawsuit. Are you prepared?
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- A.
  Let them try – I’m well protected!
- B.
  I think I’ve got my bases covered, thanks to YouTube and Google.
- C.
  OMG! This is my greatest fear, second only to not being as prepared as I think.
- D.
  I am definitely not prepared.
4.
Did you hire legal assistance to form your business entity?
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- A.
  Yes, absolutely!
- B.
  I’m just starting my business and know I need this.
- C.
  I planned to, but I was immediately overwhelmed with options.
- D.
  I did my own research to ensure I was legally good to go.
5.
Your business is BOOMING, and it’s time to expand out of state. Aside from logistics, what are 3 legal tasks you need to address?
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- A.
  Register with the Secretary of State; register permits; prepare for different taxes in that state.
- B.
  Find a place; hire HR and managers; register with the Secretary of State.
- C.
  Honestly, not sure where to start, but I’d like to know!
- D.
  Hire legal help to file all the things.
6.
What movie seems to be the theme of your business?
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- A.
  Pursuit of Happyness (You’re a budding entrepreneur who just made a life-changing decision to chase freedom through entrepreneurship)
- B.
  Risky Business (You’ve hit some highs and lows – not quite sure whether you’re coming or going, but you’re committed to hanging in there!)
- C.
  A Good Year (You are feeling confident in your entrepreneurial journey)
- D.
  Catch Me If You Can (You have a thriving business, and you’re ready to scale)
7.
I say “contract,” and you think ______:
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- A.
  A legal document that you send someone to make sure you don’t get screwed over.
- B.
  A legal document you put in place with bigger corporations, but not with friends or relatives.
- C.
  A legal document that is a regular part of my client/contractor onboarding process.
8.
What’s the #1 thing preventing you from protecting your business right now?
- A.
  I’m just focused on building my business. I can protect it later.
- B.
  Money! I don’t have $2K + to spend.
- C.
  I don’t know what to do first.
- D.
  I think I’m protected, but I’d like to be 100% sure before I start to scale up.
9.
What can you place the © symbol on?
- A.
  Your Instagram handle
- B.
  Your website
- C.
  Your podcast name
10.
Are you monitoring your registered IP to ensure non-infringement by others?
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- A.
  Not entirely sure what this means
- B.
  Yes ma’am!
- C.
  I am not, but I need this safety established.

Quiz Outcomes

1.
IP (trademark & copyright)
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Services IP (are you protected? How protected are you?)I know you want your freebie, but I can’t help but give you some free advice too! Based on your answers, your business would greatly benefit from my intellectual property services. These services include trademarks and copyrights primarily, but we can explore more in a consultation. I’d love to learn more about your business and help you stay protected!
2.
New Entrepreneur (chaos – clueless)
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ConsultationsI know you want your freebie, but I can’t help but give you some free advice too! Based on your answers, your business sounds fairly new and could use some ongoing assistance getting off the ground successfully. You can choose from 3 different subscriptions or opt to piece your services together one at a time. I’d love to learn more about your business plans and goals through a consultation.
3.
Have been DIY’ing it for some time
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Contracts & legal agreementsI know you want your freebie, but I can’t help but give you some free advice too! Based on your answers, your business would greatly benefit from a few of my services. You can grab one of our bulletproof contracts from the TLO Marketplace, or get help with our individual services, like business formations or intellectual property protections.I’d love to connect with you and learn more about your business needs through a one-on-one consultation.
4.
Type A (organized, driven) and ready to expand
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SubscriptionsI know you want your freebie (I promise, it’s coming), but I can’t help but give you some free advice too! Based on your answers, your business seems to be booming but you’re ready to scale up. I’d love to help support your business with ongoing support through a subscription package. You’ll have in-house legal counsel, and we’ll meet regularly to discuss the best strategy for your business to boom even bigger.

What is Your Business Worth?

Take this quick and fun quiz to unlock the true value of your business and ensure you are legally prepared!

Quiz Questions

Quiz Outcomes