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For what type of business, or at what point in its progress, is insurance needed for a small startup?

Any person who is thinking of starting a new business or who has launched a start-up should immediately consider the types of insurance he or she will need, rather than considering if they need insurance at when just starting out.

If you have a business, protecting yourself at its birth will offer you the security and confidence you will need. It may also be required.

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Many business disputes can be settled without the necessity of filing a complaint, paying court costs and attorney fees, serving the opposing party, and meandering through discovery procedures, motions, depositions and waiting for a trial date.

In an eHow article, “How to Use Mediation to Resolve Conflicts,” Althea DeBrule examines alternatives to litigation. Here are two procedures to consider:

Mediation

• Mediation is a procedure whereby the parties

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In beginning a home-based internet company where I'm the only employee, will filing for a sole proprietorship provide enough protection?

Deciding whether to form an LLC or other corporate entity will depend on the type of business you are operating, even if you are the sole employee and the business is run out of your house and on your computer.

Internetbusinessanswers.com in “Should I run my new business as a sole proprietorship,” explains some of the reasoning for

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How can I protect myself legally while forcing the dissolution of a 50-50 business partnership that I no longer want to be a part of?

Having realized that your 50-50 partnership is not working, you will want to protect yourself legally if there are disputes or complaints from third parties.
Businessknowledgesource.com has some practical suggestions in “How to Peaceably Dissolve a Business Partnership.” Here are some noteworthy guidelines for protecting yourself:

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How to get a full picture of your financial health is a common bankruptcy FAQ. Your creditworthiness is an important facet of your financial health, and your credit score is the best gauge of your creditworthiness.

There are many kinds of credit scores available, but the most widely used credit score is the FICO score, developed by Fair Isaac Corporation. Your FICO score is an analysis of all the information on your credit report, and can range from 300 to 850 points. In most cases,

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