Protect Your ASSets in Business
Many people are starting an online business without a thought about the danger this may pose to their personal assets. The type of protection you need depends upon the nature of your business and the amount of your personal assets. If you have no personal assets, you probably don't need much protection. They say "you can't get blood from a turnip". Hey, if someone wants to take over your credit card debt, they are welcome to it! But if you do have investments, or own a home, and someone sues your business, they could take your personal assets.
If you do not incorporate your business, by default it is a "sole proprietorship". This means your business is YOU and your assets are at risk. If your product is something like greeting cards, then you are not extremely vulnerable to a lawsuit. You would think it would be difficult for someone to be harmed by a greeting card, but someone might interpret the prose on the card as personal character defamation, or they might get a paper cut from the card. Remember a few years ago when a lady sued McDonalds after she burned herself by placing a cup of hot coffee between her legs? If your product is a food item or a physical object, you could be especially at risk of a lawsuit.
The list below provides some steps you should take to protect yourself if you run a business. 1. Incorporate your business. A corporation is treated like a separate individual. If the corporation is sued, your personal assets cannot be taken.
You don't need to pay a lawyer $1000 to file the papers to incorporate your business. You can do it yourself for about $50. 2. Post a disclaimer on everything you make. Your disclaimer should include a phrase like; "you do not make any warranties of merchantability or fitness for a particular purpose, either expressed or implied.
By using this material, the user assumes complete responsibility for any and all damages resulting from that use." 3. Provide a "limited warranty" that defines the specific things that you guarantee about your product. If you don't, then your product is subjected to the default general "warranty of merchantability". Basically an unconditional guarantee. 4.
If mis-assembly or misuse of your product might cause damage, then you need to provide complete instructions. Clearly state the proper use of the product and place a warning about misuse of the product. 5. Place large clear warning labels on your product and the packaging. The presence of warning labels has protected many businesses from large legal settlements.
6. Write a complete manufacturing specification for your product. Many lawsuits are based on the presence of a "manufacturing defect". Although a specification can work against you, if you don't have a manufacturing specification, that in itself is evidence of negligence. Don't jump into starting a business without taking steps to protect your personal assets.
A business failure is a sad thing, but a business failure where you also lose your personal assets is a tragedy. And by the way - I make no warranties of merchantability or fitness for a particular purpose, either expressed or implied. By using this material, the reader assumes complete responsibility for any and all damages resulting from that use.
Permission is granted for the article below to forward, reprint, distribute, use for ezine, newsletter, website, offer as free bonus or part of a product for sale as long as no changes are made and the byline, copyright, and the resource box below is included.. Copyright(C)2004 Bucaro TecHelp. To learn how to maintain your computer and use it more effectively to design a Web site and make money on the Web visit bucarotechelp.com To subscribe to Bucaro TecHelp Newsletter Send a blank email to subscribe@bucarotechelp.com
HomeDepot.com, OfficeDepot.com and Now RelaxDepot.com
(ContentDesk) June 14, 2004 -- We all know that when it comes to Home improvement on the web there's basically one place to go and that's HomeDepot.com. When it comes to office supplies the address is OfficeDepot.com. But where does one go to purchase relaxation and anti-stress products? Very simple: RelaxDepot.com. We are bombarded day in and day out how stress is the silent killer, how stress is the springboard for a whole host of illnesses and diseases. What can we do to eradicate stress from our lives?
By learning to incorporate relaxation into our lifestyle.
Not everyone is mechanically inclined...not everyone sits at an office desk, but we all could use a large dose of relaxation in our lives. RelaxDepot.com is the Superstore on the Web that carries everything for a stress free lifestyle. From Dead Sea products to massage aides, yoga to bath products. Books, CD's, DVD's, and a plethora of other products and services. We ship directly from our warehouse and most...
HomeDepot.com, OfficeDepot.com and Now RelaxDepot.com
Incorporate > HomeDepot.com, OfficeDepot.com and Now RelaxDepot.com
Bachelor Of Science Degrees
Bachelor of Science Degrees (B.S. or B.Sc.), also known as Baccalaureates, are campus or online academic degrees, awarded by a college for the successful completion of an undergraduate course or major in the sciences, such as Life Sciences, Physical Sciences, or Mathematical Sciences. A campus Bachelor's degree can last up to four years while an online course can be completed within a much shorter period.
A number of universities and colleges also offer the Bachelor of Science degree as a tagged degree. Tagged degrees, such as Bachelor of Science in Agriculture, Architecture, Business, Chemistry, Civil Engineering, and Computer Science generally require more specialized course work, and also incorporate the name of the major into the degree title.
In accordance with commonly held standards, a Bachelor of Science degree program should imply a minimum of 45 quarter or 30 semester credits to be completed from four compulsory subjects: Communications, Natural Sciences/Mathematics,...
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Wedding Rings
Wedding rings are an important part of the bridal jewelry. Wedding rings are marked as a symbol of love and eternity. There are various kinds of wedding rings available and they differ depending on the designs and the materials used to make them. Wedding rings are made of materials like platinum, titanium, silver and gold. Wedding rings symbolize the longevity of marital life.
They denote the existence of a special bond between the couple. There are different designs of wedding rings exclusively prepared for brides and bridegrooms. The wedding rings that are most often used by both men and women are titanium, platinum, Celtic design, antique or vintage, dolphin design, and other designer wedding rings.
Before purchasing a wedding ring, the various things that are to be kept in mind are the budget, the design that attracts you the most, and then the material it is made of. When you select a wedding ring, you should think of everyday wear and the design that would make...
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Branding: It's More Than a Logo
How clear is your image in the minds of your potential customers? How can you bring that image into focus? Defining, developing and maintaining a brand identity is the key.The word "branding" is frequently tossed about in the marketing and advertising world by marketing professionals and customers alike. Many times, what is being referred to as branding can be more accurately described as logo development or corporate identity programs at best. While a logo and corporate identity certainly are part of a branding program, they are only one piece of the puzzle. And when companies start their branding program with development of a logo or corporate identity package, they are getting the cart before the horse.So what exactly is branding? In doing research for this article, I came to the conclusion that branding is very much like what has been said about pornography: "I can't define it, but I know it when I see it."I define a brand image as being the picture that appears in a member of your...
Branding: It's More Than a Logo
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DIGITAL PHOTOS A SWITCH FROM MODERN RENAISSANCE A dramatic artist reveals the development of photo expressionism.
In 1980 Pola completed over 50,000 photographs for art direction research for the famous art director, Danilo Donati.
Donati won five academy awards for art direction, costume
and set design work. He inspired the young actress to incorporate her art with her talent for drama. As a result, Pola began to study painting, first at Sara Lawrence College in Bronxville, NY and a few years later at Pierce College in Wennetka, CA, but she had not succeeded in fulfilling the challenge to incorporate her talents.Eventually Pola accepted work behind the scenes as producer, writer and director for commercials, TV shows and
documentaries but creative passion took a back seat to most of this work.
While photographing scenery as a location scout for an Irish Spring commercial, she stumbled upon the perfect solution for her frustration.
To express her passion for art, drama and photography in her work, she would use a digital format.Recently she has succeeded...
DIGITAL PHOTOS A SWITCH FROM MODERN RENAISSANCE A dramatic artist reveals the development of photo expressionism.
Incorporate > DIGITAL PHOTOS A SWITCH FROM MODERN RENAISSANCE A dramatic artist reveals the development of photo expressionism.
Natural Health
NATURAL HEALTH is a form of alternative lifestyle whereby individuals incorporate natural health remedies and therapies as opposed to conventional forms of living and health. Natural health encompasses utilization of bodywork; health maintenance programs; nutritional supplements and vitamins; exercise regimens including martial arts, tai chi, yoga, and Pilates?; mediation; herbology and other forms of natural healing and living. Modern society is quickly becoming attuned to natural health and the benefits of living a natural lifestyle through alternative and new age therapy, remedies, and the like. As natural health allows individuals to lead healthier, and more productive lives; natural health is also beneficial to those who wish to stay away from narcotics, and other modern technological medicine. Many practitioners use natural health processes in their treatments.
Acupressure therapists employ natural health as a means of self-healing; as do massage therapists and Ayurvedic...
Natural Health
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Home Based Business Opportunity Shows Proof That People Not Only Make Money Online, They Make Smarter Marketing Choices
Los Angeles, CA (ContentDesk) May 8, 2006 -- Power Marketers Group joins the 1 Step System online home business opportunity to do more than make money -- they use its Ultimate Marketers Toolbox to gain an edge in the market.The results of the 1 Step System online business opportunity are showing promise after the official launch in April. Last month Top Affiliate performers in the company brought in up to $19,000, showing that the one-step automated sales technique is still working.1 Step System...
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Incorporate > Home Based Business Opportunity Shows Proof That People Not Only Make Money Online, They Make Smarter Marketing Choices
Vioxx and Bextra Lawsuits Could Tie Up Courts for Years
In September, 2004, pharmaceutical giant Merck voluntarily withdrew its painkilling medication Vioxx from the market. Studies show that Vioxx increases the risk of heart attack and stroke among patients who have used the drug for longer than 18 months. Vioxx, a drug from a family of Non-steroidal anti-inflammatory drugs known as COX-2 inhibitors, is one of only a few drugs specifically designed to minimize inflammation while avoiding the stomach disorders long associated with other anti-inflammatory...
Incorporate suits Vioxx and Bextra Lawsuits Could Tie Up Courts for Years Protect Your ASSets in Business
Incorporate > Vioxx and Bextra Lawsuits Could Tie Up Courts for Years
Life Insurance ? Wise Investment In Personal Finance Or Excessive Caution?
Life insurance is typically taken out to offer valuable financial protection for your family in the event of your death, upon which a payment is made to your financial beneficiaries, heirs or family members. The extent of this payment will depend on your insured sum and earnings. Life insurance and life assurance may be interlinked in advertisements, though bear in mind the two policies are different. Life assurance is a form of financial protection which is also an investment, as you should...
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Incorporate > Life Insurance ? Wise Investment In Personal Finance Or Excessive Caution?
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