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CY
YOUNG
A bronze statue depicting sports
legend Cy
Young now stands on what was once the location of the pitcher's
mound of the old Huntington Avenue Grounds, the original home of
the Boston Red Sox. Young pitched from this mound in the first
World Series game held in 1903, and one year later he threw the
first perfect game in the modern era from the same mound. |
INTERNET-BASED BUSINESSES.
Starting and operating an Internet-based business, also
known as an “e-commerce” business, presents unique
challenges
in addition to those typically associated with more traditional
entrepreneurship. From choice of entity considerations,
staffing, collection of payment and distribution of products,
Internet businesses require special counseling in almost every
regard.
As e-commerce has become a
more widely
accepted and convenient way of conducting business,
companies are increasingly providing “turn-key” services to
entrepreneurs interested in getting an internet business up
and running quickly and “on-the-cheap.” Unfortunately,
very few of these enterprises consider the legal
requirements and pitfalls associated with e-commerce.
This often leaves the entrepreneur vulnerable to a great
deal of potential liability.
Internet business provides
the opportunity for flexibility in business planning. For
instance, if an entrepreneur wisely decides to engage in
e-commerce under the umbrella of a formal business entity
(such as a
corporation or
limited liability company), it may be legally and
economically beneficial
to organize such
an entity in a state other than the one in which the
entrepreneur resides.
ENDEAVORLEGAL
attorneys assist
entrepreneurs through complex choice of entity and state of
organization issues through careful consideration of the
particulars of each business model, product and ownership
structure.
Website development and maintenance, intellectual property
ownership and licensing, marketing strategies, online
payment and privacy issues are key concerns among web-based
businesses. The best designed
website will not suffice without, among other things, solid
development, hosting and service agreements to ensure smooth
web operations.
Protecting and marketing the
enterprise brand requires specific knowledge and often
requires entering into business arrangements with third
party content, product and service providers. Formulating a
comprehensive "terms of use" and "privacy policies" for the
e-commerce website can also go a long way toward protecting
the business model and limiting potential sources of
liability. The laws of certain states even require a
written privacy policy to be prominently included in
e-commerce websites.
ENDEAVORLEGAL has both the
breadth and depth of experience to assist an e-commerce
entrepreneur in addressing all of the above, establishing
business and legal priorities and efficiently navigating
other important issues relating to internet business.
STARTING
AN INTERNET BASED BUSINESS?
CLICK HERE TO CONTACT US
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