Thousands or even millions of people have fallen victim to defective products. Various products which may be of low quality, done by incompetent manufacturers, or have not undergone proper quality assurance processes can pose a hazard for consumers. When someone is injured due to a product's use, it is crucial to know the product or the person who used it and how they used it … [Read more...]
In today’s landscape, it’s easier than ever to launch your own business. If you’ve got access to a computer and internet connection, you might assume you have everything you need to start trading. However, many small business owners don’t realize how vulnerable they are to civil lawsuits and even criminal charges. To ensure your business venture doesn’t end in disaster, take a … [Read more...]
Unlike large, multi-national companies, small enterprises don’t have a large workforce and multi-talented team that can seamlessly execute strategic, marketing and business operations. This sets small businesses up to face very unique challenges. Of course, this doesn’t mean the multi-national companies do not face their own risks, but small businesses are vulnerable to a … [Read more...]
It can be an incredibly tumultuous process when navigating the complexities of product liability law as a consumer. Often times, cases that spring an individual into the midst of a lawsuit regarding product liability can happen unexpectedly. They can cause damages regarding the physical, mental, or financial well-being of the individual that has utilized the defective … [Read more...]
In early 2012, I became what I’d call an "unintended solopreneur." Whereas some solopreneurs have always dreamed of working by themselves and for themselves, I’d actually never planned to take that kind of path. In fact, I was more than happy in my day job earning a paycheck while serving my local courts as an Enforcement Officer. That is, until I found myself in the … [Read more...]
Starting a business is no small endeavor and needless to say, you probably have a sizeable investment in your new company. Before launching, it is vital to understand that no one is going to be there to protect you against losses, so all the right insurance coverages should be in place from day one. However, as important as it is, money is just the beginning of the losses you … [Read more...]
So you just accepted an exciting project from a new client, and you can’t wait to get started. But they required a copy of your certificate of insurance before you can begin work. You ask yourself, “What is a Certificate of Insurance? Why do I need one?” A certificate of insurances is a business tool that provides proof of your small business insurance. Make sure to be ready … [Read more...]
With the changing tides occurring online, more and more businesses are preparing for the 21st century by adding an online presence to their marketing campaign. The growth of the internet has made it easier for business owners to expand their presence in their nearby communities as well as around the globe. For many, this transition into tech has been the beginning to a success … [Read more...]
You may be someone who thinks everyone deserves a second chance, no matter how big of a mistake they may have made. But should you take that softhearted attitude into your business? Hiring someone with a criminal background could do wonders in helping someone getting back on their feet after being incarcerated, but it could also have some consequences for your small business. … [Read more...]
When your company has difficulty catching up on the bills, you'll start to worry about creditors coming after your assets. There can be a big difference between personal and business assets, but when you're personally liability depends on a number of factors. Sole Proprietorships and Partnerships If you operate a company as the sole proprietor, your personal and business … [Read more...]
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