Monthly Archives: October 2018

What To Know About The Law On Email

If you want to send emails to your existing customers or your potential customers, you need to know the law regarding this. There are 2 laws that you need to be aware of and they are CAN-SPAM and GDPR. CAN-SPAM is the American legislation that governs emails in particular while GDPR is the data protection regulation which has been brought in by the European Union.

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What To Know About CAN-SPAM

As CAN-SPAM is the one that only regulates emails, you need to be aware of this. The CAN-SPAM Act bill was signed into law in the United States in 2003 and was updated on 2008. This was done to stop the onslaught of spam that was landing in everyone’s email inbox.

The law focuses primarily on transparency and covers all commercial emails which are sent to people within the US or from US-based companies. If you are not based in the US, but send emails to US-based customers or use a US-based email service, you will need to adhere to CAN-SPAM. To ensure that you are adhering to the law, you need to consider a few things.

You will need to tell your readers where the email is coming from and cannot cloak your sending email. You will also have to be honest in your subject line. This means that you cannot tell someone that they have won something in the subject line of an email promoting your new product line. You also have to provide a physical address in your email to show that you have a credible business.

What To Know About GDPR

When GDPR came into effect, a lot of people rushed to ensure that their disclaimers and cookie practices were in line with this. However, there is more to GDPR than disclaimers and it will impact the sending of emails from your business. The primary impact point will be the way that people sign up for your emails.

To be in line with GDPR, the customer will actively need to confirm their consent to receiving emails. This could include a clear opt-in or ticking an unchecked opt-in box. Pre-checked boxes that use inaction as a form of consent will not be valid under GDPR and will cause a breach of this law.

Under GDPR, you will also need to keep your consent requests separate to your terms and conditions. In the past, consent for marketing emails was often hidden in the terms and conditions which most people do not take the time to read. The law also states that you need to make it easy for people to withdraw their consent and stop receiving the emails.

It is important to note that GDPR affects any emails that you will be sending to citizens of the European Union. If you do not have any communication with people in the EU, GDPR will not actually affect you. You can also block your website to people in this geographic location if you are not yet ready to comply with GDPR.

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★ ★ ★ ★ ☆ Multitools Outdoor Survival Kit— $19.90

A great companion for your next camping or fishing trip or as an emergency kit for long car trips, the Multitools Outdoor Survival Kit has everything you’ll need to get the job done!

In addition to a compass and sound-piercing survival whistle, the survival kit comes with a tough wire saw for easy cutting of brush and small limbs.

In…

Multitools Outdoor Survival Kit

 

A great companion for your next camping or fishing trip or as an emergency kit for long car trips, the Multitools Outdoor Survival Kit has everything you’ll need to get the job done!

In addition to a compass and sound-piercing survival whistle, the survival kit comes with a tough wire saw for easy cutting of brush and small limbs.

In addition, a handy 6-in-1 plier offers a built-in wire cutter, saw, bottle opener, flashlight, screwdriver, and pocketknife. There’s also a multi-function stainless steel tool card with a can opener, knife, straight screwdriver, ruler, bottle opener, three different wrench styles, and a small saw.

The entire kit comes in a convenient case for easy storage.

In the box:
* Multi-function tool card
* 6-in-1 plier
* Wire Saw
* 2-in-1 Survival Whistle
* Compass
* Tool Box (5.3 inches x 3.1 inches)

4.24
25
19.9
USD
InStock

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Joint Ventures – Everything About It

Many people are unable to differentiate the difference between joint ventures and a partnership. Both have some shared similarities but totally different. A joint venture is a contract between two or more different businesses or companies, which may or may not be a partnership. In America for example, when local police work together with the FBI on a particular ‘operation’; this becomes a joint venture.

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Also, you should not confuse joint venture with a Qualified joint venture, which is a specific taxation form for husbands and wives in a partnership. With this in mind, then what is joint ventures?

What Is Joint Ventures?

Joint ventures are strategic alliances or businesses arrangement where two or more parties (mainly businesses) agree to pool their resources to accomplish a particular task or form a partnership to share an intellectual property, market, knowledge, assets, and profits.

A joint venture can happen between two or more huge companies that share a particular market or different markets. It can also happen between small businesses as a way to compete with bigger companies or competitors.

Why Form A Joint Venture?

There are many reasons why businesses form a joint venture. Some of the reasons include:

• To Combine Resources

Businesses will form a joint venture to combine resources so that they can achieve a particular goal. For example, small businesses may form a joint venture as a way to compete with bigger companies.

• To Combine Expertise

Many businesses in the technical field or market usually form a joint venture only to combine expertise. This is mainly possible if one company is experienced in one area whereas the other is experienced in another field. A good example is gadgets and software. For example, like smartphone designing companies and Google for their Android OS.

• To Save Money

Companies may consider a joint venture as a way to save money. This could be on trade shows, advertising, or even trade publication.

• Local Regulations

Many companies are forming joint ventures as a way to enter into a market. However, because of local regulations, they are forced into forming joint ventures.

Forming a Joint Venture

There are generally two ways to form a joint venture, that is:

1. Informally

You can simply form a joint venture with just a handshake. This method can be the best option in situations where each business is accountable for its own way of doing business. For example, assuming that Company ‘A’ from country ‘X’ wants to expand its market share by shipping its product to Country ‘Y’, but local regulations limit this. Company ‘A’ will have to form a partnership with a local company ‘B’. However, to limit the risks, company ‘B’ will have to buy the products. This partnership will have to work like that of a wholesaler and retailer.

2. Formally

When it comes to any kind of partnership or agreement, it is always wise to have them in writing. This also applies to joint ventures. It does not matter if it is an agreement between small businesses, at the very minimum, they should have everything in writing. Generally, you should make everything formal, due to legal issues, if and when they arise.

What Is The Success Rate?

Well, even though there is no official statistic on success rate, there are few studies done by private companies. The main finding was that most joint ventures work well within the first few years. As a matter of fact, 60% of the ventures work very well within the first five years. Experts say that the biggest factor in its success rate is the Human Factor (knowledge sharing and resource integration). Financial and geographical factors are not as important.


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★ ★ ★ ★ ☆ Multifunction Running Sports Pack— $8.25

Check out this hands-free solution for hikers, joggers, walkers, cyclists, and anyone looking to enjoy the outdoors! The Multifunctional Running Sports Pack measures 40*10cm and is designed to keep your phone, money, keys, and other small belongings safe and dry. A convenient headset hole in the pack lets you plug your earbuds into your phone…
Multifunction Running Sports Pack

 

Check out this hands-free solution for hikers, joggers, walkers, cyclists, and anyone looking to enjoy the outdoors! The Multifunctional Running Sports Pack measures 40*10cm and is designed to keep your phone, money, keys, and other small belongings safe and dry. A convenient headset hole in the pack lets you plug your earbuds into your phone for easy access to your music while on the run, while the adjustable strap keeps the fanny pack comfortable and snug. Constructed from comfortable, fast drying, ultra absorbent fabric, the Running Sports Pack won’t chafe against skin and is ideal for all-day wear.

The Multifunction Running Sports Pack is available in the following colors and fabric styles:

* rose red honeycomb
* green honeycomb
* Black+red honeycomb
* blue honeycomb
* black+gray net

4.17
48
8.25
USD
InStock