T
TimeIsMoney
Guest
Hello Fastlane Forum,
I am launching a company in the coming weeks. Market research, designs, and coding are finishing up, and right now I am kind of stuck on the legal side of things.
This company, while I don't want to disclose much, is a web service company. The product/service are websites and some other things as well (this isn't freelancing. think Wix or SquareSpace, just a little different). We are kind of "disrupting" the market.
Our company is:
- combining multiple services from various business (without a wholesale deal or anything) and creating one product. Just using one main account to buy their services.
- charging for our service with monthly & yearly contracts.
- we reserve the right to cancel/delete the "product" if the customer decides to cancel their plan with us, but they also have the option to buy it.
There are several other points of course, but thats the jist of it.
1) Should I put together a terms of service based on another companies terms, until I have enough business profits to hire an attorney?
That's what I think I should do. I just want to get this launched, see proof that people want it ($$$), and then move forward. I just think: "why spend money protecting a business that isn't worth ****?" I also am not setting up an LLC until the $85 I need come in from some orders..
If anyone has been in the same position I would really appreciate any insight!
- TimeIsMoney
I am launching a company in the coming weeks. Market research, designs, and coding are finishing up, and right now I am kind of stuck on the legal side of things.
This company, while I don't want to disclose much, is a web service company. The product/service are websites and some other things as well (this isn't freelancing. think Wix or SquareSpace, just a little different). We are kind of "disrupting" the market.
Our company is:
- combining multiple services from various business (without a wholesale deal or anything) and creating one product. Just using one main account to buy their services.
- charging for our service with monthly & yearly contracts.
- we reserve the right to cancel/delete the "product" if the customer decides to cancel their plan with us, but they also have the option to buy it.
There are several other points of course, but thats the jist of it.
1) Should I put together a terms of service based on another companies terms, until I have enough business profits to hire an attorney?
That's what I think I should do. I just want to get this launched, see proof that people want it ($$$), and then move forward. I just think: "why spend money protecting a business that isn't worth ****?" I also am not setting up an LLC until the $85 I need come in from some orders..
If anyone has been in the same position I would really appreciate any insight!
- TimeIsMoney
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