Virtual entrepreneurship is on the rise and more and more people are starting and running successful blogs. And why not? Limitless potential clients, cheaper expenses, sweatpants are our uniforms…sounds divine. And for the most part, it is.
I’m sure we have all seen or heard these phrases, but what exactly do they mean?
Terms & Conditions (“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 and by stealing any of your intellectual property (blog posts, images, etc.). 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 as it belongs to that other person.
*If you have a business that is geared towards children under the age of 13, you may want to read more about the Children’s Online Privacy Protection here: http://www.coppa.org/coppa.htm.
Moving along – do you sell anything?
If so, you’re going to need Terms of Purchase – this will vary depending whether or not you’re selling products or services. This document will set forth the parameters of the relationship between you as the company and the other person as the purchaser. It will note the description of the program or product, the price, refund policy, governing law, etc. Ultimately, this will be an electronic client agreement of Product Purchase Agreement. You will want there to be a description by the “purchase” button that notes “By clicking purchase, you are agreeing to our Terms”; then there will a link that will take the purchase to the full Terms. As a result of this, the purchase is bound to the terms of the agreement and both of you are protected.
A lot of legalese, I know. Plain and simple – protect yo’ self and get yourself these docs.
with Love and Legal-Ease,
Genavieve Shingle Jaffe is a lover of anything pink and sparkly. She is an entrepreneur, lawyer, blogger, wife and fur mommy. She runs a law practice, Genavieve Shingle Law, an on-line legal course, Damsel in Defense®, a blog, My Journey Through the Dark, and is the co-founder (with her wife, Jordana Jaffe) of Magical Business Academy where she works with female entrepreneurs on finding who they truly are and working through the obstacles in life that are holding them back. Join her and Jordana in their free Magical Business Academy Playground where over 1,600 female entrepreneurs play and support one another through this magical journey called life and entrepreneurship.
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