While starting an online or e-commerce business every entrepreneur must make sure that they are properly protected and their online presence complies with the legal requirements applicable in the jurisdiction of their residence. There are multiple issues that many e-commerce businesses are facing or will face as they grow and expand – contracts, protection of intellectual property, product liability and more.
Since online business might expose business owners to larger audiences and accordingly to excessive liabilities, it is highly recommended to conduct online business through an incorporated entity and not as a sole proprietorship. For further benefits of a corporation, please see our video here:
The basic documents that every online business will require are:
Terms of Use
Privacy Policy
Cookies policy
Protection of trademarks and copyright.
In drafting these documents, business owner should pay attention to the following aspects:
Define who is responsible for what. In particular this could be important in a case of forums and sales platforms, where the website owner could be found liable for the actions of other participants.
Where the payments are being processed, define who is responsible for the processing and for the mistakes or overcharges.
Where website collects personal information or a business owner wants to use the information for other purposes than operating the website, this must be properly defined in the documents listed above.
If you would like to get a professional overview of your online business and assessment of the documents that might be required to provide you with the most efficient and comprehensive protection, please let us know. We at CBES will gladly audit your online presence and will come with the comprehensive list of documents and proposals of what could be done to enhance your protection and peace of mind.
Our website – https://cbes.ca/
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LinkedIn – https://www.linkedin.com/company/cbes
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All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES – Canadian Business and Enterprise Services does not offer legal advice online or on its YouTube channel. Please consult a professional before you act in reliance on the information contained in our videos.
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