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I was born in 1979 in Chicago In 2000 graduated from the Stanford College(CA). I received married in 2004. My wife’s establish Marry. We have a son, Rumpel. In the residence lives a cat Tolik
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Protect Your ASSets in Business Home Business Articles | February 12 Dylan Larkin Olympics Jersey , 2003 -----------------------------------------------------------Permission is granted for the article below to forward,reprint, distribute, use for ezine Johnny Gaudreau Olympics Jersey , newsletter, website,offer as free bonus or part of...
----------------------------------------------------------- Permission is granted for the article below to forward, reprint Jack Eichel Olympics Jersey , distribute, use for ezine, newsletter, website Sean Couturier Olympics Jersey , 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. ----------------------------------------------------------- Protect Your ASSets in Business
By Stephen Bucaro
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 Colton Parayko Olympics Jersey , 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 Jacob Trouba Olympics Jersey , 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 Shayne Gostisbehere Olympics Jersey , 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.
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