If I’m looking to do some computer repair gigs on my free time, should I be concerned about implementing liability waivers or any other legal trouble that can come out of this?
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If I’m looking to do some computer repair gigs on my free time, should I be concerned about implementing liability waivers or any other legal trouble that can come out of this?
I’m very tech-saavy and I’d like to make a few extra dollars on my free time. However, I have no immediate plans of turning this into a business. I work a part-time job and am a full-time student, so I wouldn’t be capable of that. The only customers I plan to have are family, friends, “friends of friends” and maybe some people I can reach out to via social media such as Facebook. Should I really hire a lawyer, or am I safe simply going about and helping people with their issues?
Asked on August 27, 2015 under Business Law, New York
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
The best way to protect from most possible liability for doing this is to set up a limited liability company or LLC--you can do this yourself go to your state's department of state website for information and/or forms for a costs of few hundred dollars. Once you have an LLC, you will not be personally liable for the majority of business related debts or obligations no protection is perfect there are always some exceptions you can't protect against. Furthermore, by keeping business expenses separate from personal, it will facilitate you in taking business expenses e.g. parts, equiptment, possibly a portion of web/internet access, tools, some office furnishings, etc. as tax deductions.
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