Internet Partnerships - Donít Throw Away Your Business

Written by Richard A. Chapo


Continued from page 1

Mark and Programmer are still open to liability onrepparttar "back end". Without realizing it, each trustsrepparttar 149632 other to properly run their independent businesses. Why is this?

Assume that Mark and Programmer followrepparttar 149633 above plan andrepparttar 149634 business is very profitable. One day, Programmer is served with a lawsuit claiming that he violated copyright laws with a program that he developed before meeting Mark. The nine companies to which he soldrepparttar 149635 program also sue him. The trial goes badly and Programmer is found liable torepparttar 149636 tune of $750,000.

Guess what happens next? Since he is a sole proprietor, Programmer's interest inrepparttar 149637 joint business with Mark is seized to satisfyrepparttar 149638 judgment. Alternatively, he files personal bankruptcy. Either way, Mark is involuntarily going to have a new business partner that probably canít program! In short, we are talking about a disaster.

How To Protect Yourself

Business entities arerepparttar 149639 key to limiting your exposure to liability. Inrepparttar 149640 above situation, Mark and Programmer should ownrepparttar 149641 joint company as individuals, but they should form business entities for their personal businesses. Ifrepparttar 149642 personal businesses are sued, their individual ownership ofrepparttar 149643 joint venture entity is shielded from attachment.

As a general rule, you should form an individual business entity for each business you own. By doing so, you are better able to limitrepparttar 149644 potential damage of a lawsuit involving one ofrepparttar 149645 businesses.

Richard Chapo is with SanDiegoBusinessLawFirm.com - Go to our article section to read more business law articles.


Online Consumers Ė What Are They Complaining About?

Written by Halstatt Pires


Continued from page 1

The Bait: Make money throughrepparttar products and services you sell as well as those sold byrepparttar 149631 people you recruit intorepparttar 149632 program.

The Switch: Consumers say that they've bought into plans and programs, but their customers are other distributors, notrepparttar 149633 general public. Some multi-level marketing programs are actually illegal pyramid schemes. When products or services are sold only to distributors like yourself, there's no way to make money.

Travel and Vacation

The Bait: Get a luxurious trip with lots of "extras" at a bargain-basement price.

The Switch: Consumers say some companies deliver lower-quality accommodations and services than they've advertised or no trip at all. Others have been hit with hidden charges or additional requirements after they've paid.

Business Opportunities

The Bait: Be your own boss and earn big bucks.

The Switch: Taken in by promises about potential earnings, many consumers have invested in a "biz op" that turned out to be a "biz flop." There was no evidence to back uprepparttar 149634 earnings claims.

Investments

The Bait: Make an initial investment in a day trading system or service and you'll quickly realize huge returns.

The Switch: Big profits always mean big risk. Consumers have lost money to programs that claim to be able to predictrepparttar 149635 market with 100 percent accuracy.

Health Care Products/Services

The Bait: Items not sold through traditional suppliers are "proven" to cure serious and even fatal health problems.

The Switch: Claims for "miracle" products and treatments convince consumers that their health problems can be cured. But people with serious illnesses who put their hopes in these offers might delay gettingrepparttar 149636 health care they need.

A Problem For Your Site?

These issues must be addressed if your site falls in one of these categories. Simply raiserepparttar 149637 issue in a prominent area ofrepparttar 149638 site and tellrepparttar 149639 prospect why it will not be a problem on your site. Failure to do so will result in lost sales.

Halstatt Pires is with MarketingTitan.com- an Internet marketing and advertising company. To read more marketing articles, visit MarketingTitan.com.


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