There are sooooo many ways to start an online business.
You’ll start by planning your business plan, organizing your funds, producing your product and get straight into work.
When you own an online business you can set your own working hours and make living on the internet. But nowadays, many online entrepreneurs ignore the need for legal compliance and contracts for their business. Good contracts anticipate unwanted outcomes for either side and create clear road maps to the desired results for your business. These important documents play an essential role in protecting the interests of the business and business owners (that’s right you!). Therefore contracts and legal documents represent as a tool to safeguard your company resources and most importantly you.
Today we have Richard Chapo on to share all the legal stuff you should consider when starting your online business. He shares some tips on how to keep your online business legally compliant and more…
Let’s dig deep into this episode as he talks more about:
- Things to consider when starting an online business
- Why contracts and legal documents are important (to get right the first time)
- Better understanding of business law and regulations
- What is Privacy Protection Act and what tiny little box you need to include
- What part of the law you need to include, especially fi you have other people posting on your website
Resources:
About Richard:
Richard Chapo is an Internet lawyer by day and avid traveler whenever he has time. Based in San Diego, Richard has been practicing law for nearly 25 years. He advises online businesses small and large on how best to comply with the various laws applicable to the Internet so as to minimize the chances of being dragged into court. Richard began his career with the litigation firm Sulzner & Associates where he represented companies in multi-million dollar disputes. In 1999, Richard took a sabbatical to teach at the Chita State Technical University in Chita, Russia – a city in Siberia. Craving Mexican food, he eventually returned to California and opened his current practice.
Link to his official website:
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