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Why You Need a Privacy Policy + Terms & Conditions

 

There’s this thing called the GDPR, it stands for the General Data Protection Regulation and is a data and privacy law governed by the EU. It requires organizations to protect personal data in all its forms. 

 

If it’s governed by the EU, then does it apply to me?

Yes, if you “collect, store, or use the data of people in the EU, then the GDPR applies to YOU. Meaning, if you sell to anyone living in an EU country (here are all 27 countries) you have to comply with the GDPR. So, if you have an online shop and sell worldwide, this law applies to you. 

 

Not only does it have strict laws on data protection and compliance requirements, it also has steep penalties ranging in the thousands to hundreds of thousands of dollars. There are four (4) areas that it regulates specifically: (1) email marketing, (2) data processing, (3) personal information + (4) cookie policy.

 

You need a Privacy Policy that is GDPR Compliant as well as CAN-SPAM Act of 2003, which is the United States federal law regulating privacy policies. The Privacy Policy template listed on my site is compliant with the GDPR and CAN-SPAM Act of 2003 and is great for blogs or other small business websites.

 

Terms + Conditions

Terms + Conditions govern the policies of your website and are the rules that users need to abide by when using your site. You can ban users from your site due to a breach of a terms and conditions policy. This is the place to insert your disclaimers and any miscellaneous contract provision you need to insert onto your website for liability coverage. 

Why You Need An LLC

There are several reasons why you need an LLC when you’re first starting your business - the number one reason being liability protection. An LLC protects the individual owners from liability that is incurred while doing business – this could be for a. breach of contract, fraud on the business, a personal injury suit, or a number of other issues. Without an LLC’s liability protection, creditors could come after your personal assets, but with one you should be fully protected. 

 

The second reason people choose an LLC is for taxation reasons and ease of transferability. Taxation of an LLC is by pass through taxation and shares of a business can be transferred freely, according to the Operating Agreement of the business. 

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The Business Class Package comes in three (3) Bundles All Listed Below

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WHY PICK THE ENTREPRENEUR PACKAGE

 

The Entrepreneur Package is for the business woman who is ready to make her first hire! 

 

Complete with everything you need to setup and organize your business legally, everything you need to setup your business online (website) legally, and everything you need to hire an employee legally! 

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WHY BLOGGERS NEED AN LLC

 

You don’t need an LLC when you first start your blog. I didn’t. 

 

But, once you reach a certain point, you’ll want to start looking into forming some sort of business entity and you’ll most likely land on forming an LLC. 

 

But why should you form an LLC and spend the extra money?

 

Like any form of insurance, certain business entities (including the LLC) afford legal protection from your personal assets and bank accounts. 

 

If you think you’re in the clear with a blog. Think again. Blogs can be sued for a number of reasons:

 

  • You have products and/or service on your website; 

  • You offer advice or video courses

  • Violations of copyright law and other libel or slander claims

WHY YOU NEED AN LLC

 

There are several reasons why you need an LLC when you’re first starting your business - the number one reason being liability protection. An LLC protects the individual owners from liability that is incurred while doing business – this could be for a. breach of contract, fraud on the business, a personal injury suit, or a number of other issues. Without an LLC’s liability protection, creditors could come after your personal assets, but with one you should be fully protected. 

 

The second reason people choose an LLC is for taxation reasons and ease of transferability. Taxation of an LLC is by pass through taxation and shares of a business can be transferred freely, according to the Operating Agreement of the business. 

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WHY CHOOSE THE PARTNERSHIP PACKAGE:

 

The Partnership Package is just like the Business Class Package but for a Partnership rather than an LLC. This package is a step above – containing everything in the Business Starter Package plus everything you need to take your business to the next level. It’s time to level up!