BlastBiz

Taking the step to start your own business can be rewarding, but it also comes with risks. Make sure your business plan accounts for liability. How can you protect yourself and your business from being sued? Your first option is to incorporate. Most small, new businesses will incorporate as a limited liability corporation, or an LLC. “When you incorporate, it’s a way to legally separate your business from yourself,” said Wright. Becoming an LLC protects your personal and family assets from liability should you get sued. This is really helpful if you’re in a high-risky business, such as teaching horseback riding lessons there’s a lot that could go wrong. Incorporating isn’t free. Depending on where you live, just filing the articles of incorporation. If you hire an attorney, you could also pay some pretty hefty fees there too. Another option is to insure. There are two main insurance options, product liability and professional liability insurance. Product liab...

Bitcoin (Exchange: BTC=) could hit $100,000 in 2018, an analyst who correctly predicted the cryptocurrency's rally at the start of last year told CNBC on Tuesday. Kay Van-Petersen, an analyst at Saxo Bank, added that other rival digital coins could also outperform. Van-Petersen forecast in December 2016 that bitcoin would reach $2,000 in 2017 . At the time, bitcoin was trading below $900, according to CoinDesk, a website that tracks the price of digital currencies on a number of different exchanges. Bitcoin blew past the $2,000 figure in May. Van-Petersen said Tuesday that bitcoin could hit between $50,000 and $100,000 in 2018. "First off, you could argue we have had a proper correction in bitcoin, it has had a 50 percent pull back at one point, which is healthy. But we have still not seen the full effect of the futures contracts," Van-Petersen said. The CME and Cboe both launched bitcoin futures trading contracts last year. The move was seen as a way ...