I find it interesting, if not ironic, that the idea of taking an extra step
to protect yourself to allow for growth would evoke such a strong reaction.
Obviously there's a story there.

Speaking not only as your friend, Alex, Tara and others, but also as risk
manager for a $7B global conglomerate with hundreds of legal structures in
several countries which has existed and prospered for 176 years (with *all
kinds *of liabilities, present, past and future!) -  as unpleasant the
thought of doing something now to prevent losing everything later may be,
until the legal system changes, *until the unpleasant reality changes*, you
HAVE to do better than "the ostrich defense" to protect and defend your
assets, limit your liabilities and cap your exposures - its *one of the many
* costs of doing business (for profit or not!), and to shirk that duty is
irresponsible, period.

There are many reasons why most small businesses fail. What kinds of things
*aren't* they doing? What business exists without risk? Mitigate it before
it is incurred.

If nothing else, all websites should have a very good Terms of Service and
Privacy Policy as a first line of defense.

One of my favorite quotes: If it can't hurt and it might help, it should be
done.

Just free advice, I'm not charging for this free consultation. :)

Laban

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