Internet Partnerships - Don’t Throw Away Your Business

Written by Richard A. Chapo

General partnerships are a poor business entity choice when it comes to pursuing business activities. They fail to providerepparttar asset protection shield that should always be put between your business activities and personal assets. Many small businesses, however, find it profitable to combine their product or services with other small businesses. In doing so, they often fail to realize that they are subjecting them torepparttar 149632 same exposure as a general partnership.

Why Even Worry About It?

You put a lot of time, money and sweat into your business. After years of effort, you have it fine-tuned and are making a nice living. How willing are you to lose your business?

Considerrepparttar 149633 following hypothetical situation involving two sole proprietors. Our first party, Programmer, creates computer programs for managing websites. The second party is Mark,repparttar 149634 owner of a site that provides small businesses with websites. Programmer and Mark come torepparttar 149635 conclusion that they can make big money by opening a joint site. This type of situation occurs every day onrepparttar 149636 Internet. How should they do it?

The best option is to form a corporation or LLC. Each party will own an agreed upon percentage ofrepparttar 149637 company. Mark will contribute his marketing ability while Programmer contributes software platforms. The bylaws [administrative rules] ofrepparttar 149638 corporation will detail how profits are divided as well as detailing who gets what [domain name, client list] ifrepparttar 149639 relationship doesn’t work out. If a corporation or LLC is not formed, each party exposes their individual businesses to liability just as would occur in a general partnership.

What has been accomplished? Mark and Programmer are protected from liability arising fromrepparttar 149640 new business. Ifrepparttar 149641 company fails or is sued because of problems withrepparttar 149642 software, Mark and Programmer will avoid personal liability and their original businesses are not touched. Are they completely protected? NO!

Online Consumers – What Are They Complaining About?

Written by Halstatt Pires

For many businesses, e-commerce represents a tremendous method for generating revenues. To maximizerepparttar profit potential, you need to keep an eye on issues that drive your prospects nuts. The FTC maintain a list ofrepparttar 149631 top 10 “dot.cons” complained about by consumers. If your site falls within one of these industries, you must make sure you address these concerns.

Consumer Complaints

According torepparttar 149632 FTC, here's what online consumers are complaining about most:

Internet Auctions

The Bait: Shop in a "virtual marketplace" that offers a huge selection of products at great deals.

The Switch: After sending their money, consumers say they've received an item that is less valuable than promised, or, worse yet, nothing at all.

Internet Access Services

The Bait: Free money, simply for cashing a check.

The Switch: Consumers say they've been "trapped" into long-term contracts for Internet access or another web service, with big penalties for cancellation or early termination.

Credit Card Fraud

The Bait: Surfrepparttar 149633 Internet and view adult images online for free, just for sharing your credit card number to prove you're over 18.

The Switch: Consumers say that fraudulent promoters have used their credit card numbers to run up charges on their cards.

International Modem Dialing

The Bait: Get free access to adult material and pornography by downloading a "viewer" or "dialer" computer program.

The Switch: Consumers complained about exorbitant long-distance charges on their phone bill. Throughrepparttar 149634 program, their modem is disconnected, then reconnected torepparttar 149635 Internet through an international long-distance number.

Web Cramming

The Bait: Get a free custom-designed website for a 30-day trial period, with no obligation to continue.

The Switch: Consumers say they've been charged on their telephone bills or received a separate invoice, even if they never acceptedrepparttar 149636 offer or agreed to continuerepparttar 149637 service afterrepparttar 149638 trial period.

Multilevel Marketing Plans/ Pyramids

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