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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 ...

According to CBN Rating Date Currency Buying(NGN) Central(NGN) Selling(NGN) 1/3/2018 WAUA 434.8646 435.5776 436.2906 US DOLLAR 304.95 305.45 305.95 POUNDS STERLING 413.5427 414.2207 414.8988 EURO 366.3974 366.9982 367.5989 SWISS FRANC 312.3848 312.8969 313.4091 YEN 2.7169 2.7214 2.7259 CFA 0.5419 0.5519 0.5619

Despite a U.S. holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major currency. The euro’s jump weighed on European stocks, while gold gained. Bloomberg’s dollar index approached its lowest level in three years as the euro extended gains that have pushed it to the strongest since 2014. The Stoxx Europe 600 Index struggled, ending lower as the common currency provided a headwind to the region’s exporter-heavy gauge. Mexico’s peso was the  big out performer  as emerging currencies gained, while the  yuan  touched a two-year high as the People’s Bank of China raised the currency’s fixing. West Texas oil fluctuated before climbing for a sixth day. The dollar remains under pressure after capping five straight weeks of declines, even against a backdrop of solid U.S. growth. Traders appear to be more excited by potentially hawkish policy shifts from central banks in Europe and Japan, the...

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According to the review by Forbes Rank Name Net Worth Age Source Country of Citizenship #1 Bill Gates $86 B 62 Microsoft United States #2 Warren Buffett $75.6 B 87 Berkshire Hathaway United States #3 Jeff Bezos $72.8 B 54 Amazon.com United States #4 Amancio Ortega $71.3 B 81 Zara Spain #5 Mark Zuckerberg $56 B 33 Facebook United States #6 Carlos Slim Helu $54.5 B 77 telecom Mexico #7 Larry Ellison $52.2 B 73 software United States #8 Charles Koch $48.3 B 82 diversified United States #8 David Koch $48.3 B 77 diversified United States

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