Sensible Khakis Dedicated to entrepreneurs, everywhere--but especially to those in board sports...

Sensible Khakis

Dedicated to entrepreneurs, everywhere--but especially to those in board sports industries, who have made our lives so interesting and

fun.

Version 2008.09.09. Words & Music (C) 2009 Tom W. Bell.

E E

E E

D (pick with Dsus4 accent)

E E

E E

D (slowing strum)

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Tom W. Bell, Sensible Khakis (v. 2008.09.09)

A C

It's casual Friday! Yea! Skip the suit!

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G E

Well, B.F.D. Now isn't that cute?

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A C

Tie or no tie, you still wear a noose.

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Tie or no tie, you still wear a noose.

F D D (pick)

I'm shoutin' it out: I'm shakin' it loose!

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EE EE DD D (pick w/ Dsus4 accent)

I don't wanna wear sensible khakis.

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EE EE GG G (pick)

I don't wanna wear my hair just so.

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EE EE DD D (w/ Dsus4 accent)

I don't wanna join the corporate lackeys.

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EE EE F C E (pick)

I just wanna tell 'em where to go.

F C E (pick)

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A C

He may call you, "Dude," but your boss is a boss.

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G E

He looks at you 'n thinks, "Your gain is my loss.”

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A C

I'm cashin' out on cashin' in my identity.

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I'm cashin' out on cashin' in my identity.

F D D (pick)

I'm goin' solo with my own business entity.

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EE EE GG G (pick)


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EE EE DD D (w/ Dsus4 accent)


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EE EE F C E (pick)

I just wanna tell 'em where to go.

F C E (pick)

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(pick with grace notes)

E Am G E

E Am C E

E Am G E

E Am F C

F C

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A

I’ll start as sole proprietor, then,

C

when I start to grow,

(optional verse, for law geeks only)Intro

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G E

I’ll add some employees,1 to help me run the show.

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1. Here, meaning agents over whom the principal/employer has the right to exercise physical control and who, therefore, can render

that employer subject to respondeat superior liability.



I’ll add some employees, to help me run the show.

A C

I’ll want pass-through taxation2 and low liability,3

2. Meaning that the business entity does not suffer taxation. Corporations, notably, do.

3. For the entrepreneur singing the song, “low liability” means “no personal liability”--a benefit of most business entities except for

partnerships.

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I’ll add some employees, to help me run the show.

I’ll want pass-through taxation and low liability,

F D D (pick)

So I’ll skip a corporation4 for an LLP or -C.5

4. Because it does not offer pass-through taxation, natch.

5. Those options--the Limited Liability Partnership and Limited Liability Corporation, respectively--prove very popular with entrepreneurs. Other options offering pass-through taxation and limited personal liability include the LP (Limited Partnership) and

LLLP (limited liability limited partnership).

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EE EE GG G


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EE EE

I don’t wanna wear ‘em.

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EE EE


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F

No!

C

No!

E

No!

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Fin.

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Sensible Khakis Dedicated to entrepreneurs, everywhere--but especially to those in board sports...

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Transcript of Sensible Khakis Dedicated to entrepreneurs, everywhere--but especially to those in board sports...