You are finally living your dream– running your own businesses, being a change-maker, doing what you love.
In this digital age, more business owners are solely operating their businesses on-line. And why wouldn’t we? Larger audience, less expenses, we can work at home in our PJ’s…it’s really a no brainer. Nothing can stop you…well, except maybe the IRS…or an unhappy customer. That does not sound sexy or fun.
I’m sure we have all seen or heard these phrases, but what exactly do they mean?
Terms & Conditions:
Have you ever purchased a song in iTunes® and a little box popped up that you had to “check” before moving on to the purchase? That is Apple’s way of putting you on notice as to what their terms for the purchase are. On most websites, if you scroll down to the bottom of the homepage, there will be a link that may say “Terms of Service”, or “Terms Policy” – this is their form of T&C. T&C on your site act as a metaphorical contract between your business and the site visitor. Depending on the type of business you have, terms can vary, but the essence is that the terms can help to protect your Company from potential legal action by visitors to your website. Here, you will provide the governing law of your site/your Company, provide limitations of liabilities, warranties for the goods or services, delivery terms/return policies, intellectual property information (such as all some of the content on the website belongs exclusively to your Company), etc.
Now I’m sure you’re thinking – great, I’ll just use someone else’s T&C and make a few changes and put it on my site – easy, free…wrong-o! This is actually copyright infringement. We definitely don’t like copycats!
A lot of legal mumbo-jumbo, I know. Plain and simple – protect your ass(ets) and get yourself these two documents.
*This is for legal information purposes only and should not be construed as legal advice. Genavieve Shingle is only licensed to practice law in the State of New York
GENAVIEVE SHINGLE | Genavieve Shingle Law
Genavieve Shingle is the Founder of Genavieve Shingle Law. She left the corporate law world in order to help small business owners and entrepreneurs protect both their businesses and their personal assets. To learn more, subscribe here: http://eepurl.com/RHTtf.