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Startup Lessons: 4 Companies Facing Product Lawsuits

The Startup Magazine

However, it is even more important to preserve product quality, run your business with moral guidelines in place, and value your customers’ safety and long-term health. Here are 4 companies that have faced legal action due to the distribution of a toxic or otherwise dangerous product. Monsanto’s Roundup Herbicide.

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How To Get Your Startup Off The Ground

The Startup Magazine

You need to start an LLC , or incorporate your business , or open a partnership. Sources of funding are more likely to back your venture if your business is an LLC, corporation or partnership. . According to Andressen, the product is only 10% of what a great company is about! Find the Right Product-Market Fit.

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The Next Entrepreneurs And Startups

YoungUpstarts

While the lessons have often been harsh, they have also introduced new opportunities for forward-thinking entrepreneurs to develop innovative systems, services, and products that will help both businesses and consumers in this new environment.

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LLC vs. S Corp: What’s The Best Setup For Your Startup?

YoungUpstarts

Entrepreneurship enables business professionals to work on their own terms and create impactful, solution-based products and services. This means considering LLC vs. S Corp. An LLC combines many of the characteristics of a corporation, a partnership and a sole proprietorship. Advantages of an LLC.

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Tips on How to Protect Your Business: Legal Considerations and More

Women Entrepreneurs Can

The CGL may also cover the cost of defending against a lawsuit if a customer sues you and claims they got sick from your product. LLC Protection. Depending on your business type, you may be able to protect yourself against liabilities by forming an LLC. The LLC structure protects against many claims and potential lawsuits.

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8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

The cost of rolling out a business has never been lower – it only takes a few hundred dollars to incorporate a Limited Liability Corp (LLC) online, create your own website, use social media to get attention, and you are in business. Most investors expect a minimum viable product (MVP) sold to at least one customer.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

I love good causes and social entrepreneurs, but a recent pitch to me about eliminating world hunger with a new product (harvesting algae at low cost) seemed to forget that really hungry people don’t have any money. Make the product or service come alive. Even a non-profit needs income to operate.