Protect your Assets

If you make your own candles and you want to become a business here is what you must do before you sell a candle. Even if this only going to be a part time business you should realize you are vulnerable to action lawsuits for a number of reasons. You are now a manufacturer and you come under laws that govern any kind of manufacturer no matter how big or small.

See your lawyer and form a small company. As a registered company you protect your personal assets. Any claim against you will be against your company only, all your personal assets including your house or investments are protected against claim.. There is an expense involved in becoming a registered company, however,the cost is minimal compared to the cost of a lawsuit. The last thing you want is to end up in court owing thousands …