Building and launching a website can be very useful and efficient tool for small business owners. However, there are some considerations all business owners should keep in mind when launching their websites to prevent penalties from regulatory agencies.
You Need a Privacy Policy. If you collect even one iota of information from those who visit your website, you need a privacy policy. For example, if you have a blog that gives visitors the option of signing up for your newsletter or RSS feed by entering their name and/or email address, you need a privacy policy. A privacy policy is designed to let visitors know what information you are collecting when they visit your site, what you use this information for, and whether you share this information with third parties. If you collect payment through your website, you will need a policy in place. Website owners also need to include a statement about how you’ll notify visitors if and when your privacy policy changes. This is usually done by an update to the privacy policy page on your website.
You Need Terms of Use. Terms of use, also known as terms and conditions, serve as the contract between your business and website visitors who make purchases from your website. Your terms will be useless unless they are tailored to the way you do business and interact with folks via your website. Terms of use can cover a wide variety of topics; some examples include your right to use information posted by users on your site, whether and how your intellectual property posted on the site may be used by users, and payment terms, warranties and liabilities waived, account management, site security, jurisdiction for any lawsuits arising from their use of your site.
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