Business Plan Question

Woodspan · 2006-03-02, 06:00 PM

Hello everyone

First off I want to thank all those who supply just an extraordinary amount of information about this industry. I have been lurking on this board for over two months before I registered and am amazed at the openness of those in the industry to share their knowledge. Thank you so much!

After 15 years working a job I absolutely hated, I finally gave them the heave ho last June and went back to school studying web development. I also enrolled in the small business program at my school with the intention of working for myself. Needing to do things the correct way and having a plan from the get go is paramount. This leads me to my first question of many I have lined up for the experts on this board.

I have a trusted professor who I had a meeting with yesterday. We discussed my intentions and my desire for a clear business plan. His knowledge is in the brick and mortar world of which he is very successful. I needed to educate him somewhat about the adult affiliate programs etc.

We will be building this plan up over the next few weeks or so. My question at the moment is what types of insurances are you using to protect yourself from liability? Considering the subject matter we determined this would be a good first step. Also, for those more established, have you set up sole proprietorships, LLC's or other arrangements to protect your personal assets?

Thank you in advance if you can help me in any way here. As mentioned earlier, these are only two of many I'll be seeking advice on.

Thank you
Woodspan

2006-03-02, 06:00 PM	#1
Woodspan A woman is like beer. They look good, they smell good, and you'd step over your own mother just to get one! Join Date: Feb 2006 Posts: 53	Business Plan Question Hello everyone First off I want to thank all those who supply just an extraordinary amount of information about this industry. I have been lurking on this board for over two months before I registered and am amazed at the openness of those in the industry to share their knowledge. Thank you so much! After 15 years working a job I absolutely hated, I finally gave them the heave ho last June and went back to school studying web development. I also enrolled in the small business program at my school with the intention of working for myself. Needing to do things the correct way and having a plan from the get go is paramount. This leads me to my first question of many I have lined up for the experts on this board. I have a trusted professor who I had a meeting with yesterday. We discussed my intentions and my desire for a clear business plan. His knowledge is in the brick and mortar world of which he is very successful. I needed to educate him somewhat about the adult affiliate programs etc. We will be building this plan up over the next few weeks or so. My question at the moment is what types of insurances are you using to protect yourself from liability? Considering the subject matter we determined this would be a good first step. Also, for those more established, have you set up sole proprietorships, LLC's or other arrangements to protect your personal assets? Thank you in advance if you can help me in any way here. As mentioned earlier, these are only two of many I'll be seeking advice on. Thank you Woodspan