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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 07-08-2008, 06:12 PM   #1 (permalink)
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Being Sued?

Is the fear of a lawsuit a reason for NOT starting a business? I am located in the United States so frivilous lawsuits are a dime a dozen. I have several business ideas, but I do not go through with them for fear of lawsuits. WHat should I do about this? Should I just go for it and see what happens or should this be a concern or a reason to NOT start a business?
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Old 07-08-2008, 06:37 PM   #2 (permalink)
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Just because you start a business doesn't mean you're going to be sued. I don't know what you're thinking of starting.....but make sure you incorporate or form an LLC so you not liable for company's actions.
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Old 07-08-2008, 06:41 PM   #3 (permalink)
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I am not thinking of starting anything that a normal grandmother would not frequent. Nothing questionable or immoral, just a regular old business. I just hear so often that people get sued over dumb little things and I really do not want to have to go through it.
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Old 07-08-2008, 07:18 PM   #4 (permalink)
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Just start your business already. I know a good group of business owners personally, and none of them have been sued. Only companies I hear getting sued are the big boys.
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Old 07-08-2008, 07:38 PM   #5 (permalink)
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you are right

you are right, if I make enough on the deals then what should I care if I get sued? I am a bigtime worrier and too cheap to spend on an attorney. I hope to have my business up and going soon.
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