Carrie Said:

business law- can anyone give me some tips on what to write pls?

We Answered:

This principle is sometimes called the 'Salomon' principle and holds, essentially, that a limited company draws a veil of incorporation between members (shareholders and directors) and creditors of that company. 'Piercing the veil' to get to the assets of members is a difficult thing to do, even where it can be shown that a company has set up subsidiary companies specifically to avoid liability to itself (see Adams v Cape Industries as a good example).

Sole traders and partnerships are, of course, not companies at all and a Limited Liability Partnership is a hybrid between a partnership and a company. As a sole trader there is no separate legal existence between you and the company and as one of the partners in a partnership the distinction between property which is yours and property which belongs to the partnership is only relevant until the partnership property runs out, after which you will become personally liable.

The general principle will not apply in a variety of situations, most of which are now referenced in the Companies Act 2006. Broadly, these will be circumstances in which the court view the company as a 'sham' arrangement or where dishonest or fraudulent activity has been carried out; examples as below. The examples illustrate that the principle will not apply to mere shareholders as a rule, but rather to those who represent the mind of the company (the directors) - this is an important distinction since these will usually be the same people in a small private company but are highly unlikely to be the same people in a public limited company. The veil will be lifted where directors have been dishonest or negligent - this cannot apply to shareholders who do not control the way in which the company is operated.

Sham - You own a house and you're getting a divorce and your spouse is going to get half so you sell or give the house to your company to make it no longer your property. Court will view this arrangement as sham.

Fraudulent/Dishonest - You are the director of a company and you are aware, or should be aware, that you're not going to be able to pay your debts but you still carry on trading and getting goods on credit knowing you're not going to be able to pay it back.

Vivian Said:

I need some tips in writing my Privacy Policy?

We Answered:

Well, I think you should read at least 5 of those policies to get a good feel on what it should or should not be. You can write some very common words down used in the other policies, and when writing your policy you can find synonyms of those words. Write your policy different than any others, because the more different it is, the more your business will stand out.

Jorge Said:

How can I find some quick (and easy) tips on creating my own website? Writing HTML code?

We Answered:

Hi,

Nice day to you.

I'll divide my answers into few section. Wish this answers can give you some reveals how to start your own online business and bring you to success.

Answer 1
Do you have any ideas in what kind of products or services you are going to sell for your online business?

My suggestion is, find somethings you are really interesting with it and you can pay fully passion with it. Otherwise you will give up very very soon. Many successful internet millionaires start their online business with their own interest.

Example
-Sport website - they love football, NBA, Formula One, etc.
-Travelling hot spots website - they love travelling.
-Food recipe website - they love cooking.
-Entertainment website - they love music, movies, idols.
-Pets website - they love animals.
-Loves website - they are experts in dating.
and many more.

Start today, think what you are really interesting in?

Answer 2
Make sure the products or services you are going to sell with an existing huge market. Do the market research before you start your business. A business won't make money even he has a perfect product or service but there are no market require for that product or service.

There are many low cost online softwares can help you to determine whether your business with an existing hungry market or not.

Answer 3
Create a website.There are many online experts can help you to build up a business website just within 1-2 weeks time. You no need to know anything about web design or programming.

Just let them know what kind of business you wish to start up, they will help you to create all the business features and tools on your website and make it looks professional.

Answer 4
Now you have a best product to sell but your business still can not earn money if you don't have a good marketing strategy. Takes a look at McDonald. McDonald is not selling the best burger in the world, but he own the most franchises all around the world. His successful secret is applying an excellent strategy into his business but not selling the best burger in the world.Get the online supporting team to consult your business step by step to success.

Wish this opinions can help you.

Wishing you success.

p.s : I have to make my explanation in short summarize here. Sorry for any inconvenience caused. If you be willing, you can read my real story and experience in how do I start my own internet home business and use it to earn money for me. Feel free to email me a blank mail with the subject "Real Story". I will share the story with you. chriswwy789@yahoo.com

Kindest Regards,
Chris.