The liability tag has no wiki summary.
5
votes
2answers
161 views
Limiting liability of individual/small startup when selling software
If I make and sell some software (online if that matters), and say that software ends up causing some unexpected behavior (let's go extreme and say it deletes all data on the hard drive!). Am I liable ...
1
vote
2answers
132 views
Limiting personal liability
I have been working (solo) on a few side web projects for the past several months. My name can be found attached (via WhoIs) to the domains I've purchased and this got me to thinking about worst case ...
2
votes
1answer
283 views
What do I need to do to maintain an LLC's limited liability protection?
I do freelance work on the side, and I've been meaning/needing to create an LLC for a while now. I've talked to some friends, and they mentioned somethings that I was not aware of. A couple examples:
...
2
votes
2answers
117 views
Ownership without investment. Help
I started work at a company a few months back. I was brought in to head up a new division in the company. That division is separating as it's own LLC. I won't be investing any money into the new ...
3
votes
1answer
98 views
Does every account (Paypal, Mailchimp etc.) need to be in the Corporation's name, to make that account belong to the Corp?
Q1. Does every account (PayPal,Sendgrid,Heroku,AWS,Mailchimp) need to be in a company's name to make the company liable for anything that might go wrong, not the founders (to a reasonable degree of ...
0
votes
0answers
22 views
liabilities and consequences
I have agreed to undertake he design and delivery of a website for my cleint. their is a contract, but it is unsigend by both parties.
The work has been partially paid for ( 2/3rds )
The work has ...
1
vote
2answers
56 views
How do I defer Liability to people we certify under us?
My business is going to be group fitness with in all ready established gyms. We will certify instructors through our company to run classes with in gyms.
The thing we are trying to figure out is how ...
2
votes
1answer
83 views
Transfer product into LLC
In the last couple of month, i've built a cloud based application and it's now ready to launch. I also applied for LLC in California in last month, but waiting for the application to complete.
My ...
1
vote
2answers
74 views
Why is it that after removing any liability, warranties have expressions like “but in any case not more than $1.50”?
If the non-liability works – it works. If not – why would the second part work?
1
vote
2answers
140 views
Does uk limited company (ltd) status provide limited liability oversea's?
I recently researched how much professional indemnity insurance would cost for a UK sole trader completing computing contracts overseas (specifically USA). Since the contracts fall under US law the ...
1
vote
2answers
184 views
Does an LLC provide equal liability protection as an S or C corp?
My early stage startup is at the point where we need to form a corporate entity. I've read a lot on the web and here about the advantages and disadvantages of the LLC vs C-Corp (and the tax accounting ...
1
vote
2answers
191 views
Liabilities as SAAS should consider
I'm considering registering a business that I am bootstrapping. At this point I am concerned about keeping costs down. The cheapest option in my state is to register a Sole Proprietorship. The next ...
2
votes
1answer
563 views
What is the default liability without a contract or clause?
Was just curious about this. With Intellectual Property, if there is no contract and you are a contractor, all the work you create is owned by the creator by default.
How does liability work though? ...
1
vote
3answers
80 views
Liability Release in ToS?
I own a small business IT consulting firm, and on the web site we have our ToS listed. In our ToS is the following line:
[Business Name], or anyone working at the request of [Business Name], may ...
0
votes
1answer
86 views
What type of business to form to allow 1 person (founder) total control with limited or no liability?
What's the best way to setup a company whereby the founder always has control and the final word no matter how many partners he brings in? What are the disadvantages of the various setups?
5
votes
3answers
251 views
How do I protect myself when offering software and training?
I plan to sell software and add "the software comes with no warranty and should not be held liable for loss of data" and etc. I also plan to offer on-site training for the software. 'Support' will ...
2
votes
3answers
727 views
Being liable as a sole proprietorship VS director at a corporation
I am considering starting presales of a product. Since money may be coming in I wanted a business bank account so if I am ever sued for any reason I'll only lose what I put in the business and not ...
1
vote
2answers
158 views
S-Corporation negative tax liability
Is it possible for an S-Corporation to have negative tax liability or will it just be clamped to zero?
6
votes
7answers
597 views
Prospective partner refuses to sign no-compete as person
After much search, it seemed that I have found a suitable partner for my IP based startup. Things seemed to have progressed well until I asked him to sign a no-compete agreement as part of the deal. ...
1
vote
3answers
463 views
How do I determine how much Liability Insurance I need?
We're starting a small business that will provide services locally. How do I determine what type of and how much Liability Insurance I need?
1
vote
2answers
470 views
Should I establish an S-Corp or is Liability Insurance enough to Protect myself from Personal Liability?
I'm starting a small business and I'm concerned about personal liability. I like the idea of a corporation providing some protection, but I'm uncomfortable with the notion that the corporate veil ...
1
vote
3answers
258 views
Is there any kind of “Charging Order” protection for S-Corps?
Can personal creditors issue Charging Orders against your interest in an S-Corp, and are there ways to protect against this?
2
votes
1answer
50 views
Is there a way around a partner paying additional income tax in an acquisition?
I'm interested in bringing on a partner (for his development abilities) for a site I'm working on.
I already have an LLC and would prefer to keep this site under that LLC. Then, I'd offer in a ...
2
votes
4answers
828 views
I signed an NDA as an individual, but now I want my company to take on this liability … is that possible and how?
A potential client wanted to test my SaaS service which would be storing and analysing some of their confidential data. They asked me to sign a 5 year term NDA. I did not have my company set up at ...
0
votes
1answer
59 views
Should I incorporate my sports equipment buisness?
I have a small specialty sports equipment business that I have been running as a sole proprietorship for a few years now. I have been selling primarily at fairs and conventions for a decent return on ...
2
votes
3answers
212 views
Does equity equal liability?
I have been offered some equity in a startup and I was wondering if I own X% equity (I own X% of the company) does that mean I'm also X% liable should the company be sued? Do I own/am responsible for ...
6
votes
5answers
401 views
When does the daytime job retire
My partner and I have reached a stage where our software product is well received by the target industry. Both of us started this venture as a night-time affair and we still hold on to our jobs. We ...
