So I've kind of come up with this concept.

I call it the layers of protection for your business.

So I talk about how layers of protection are like layers of clothing.

Like if you are a naturally cold person, which in this analogy would be like a risk-averse person,

you're going to want more layers.

If you have employees, you want more layers, really anything that opens you up to more risk.

So I also like to talk about the stages of business, right?

So as you progress through the stages, you're going to need more layers.

But stage one business owners, I consider these folks like zero to 30K in revenue.

It's like pretty arbitrary.

But I say the essential, essential layers are contracts and insurance, like always start there.

And that's like those are the two things that everyone needs to have, for sure.

Hey, hey, what's up, my friend? Welcome to today's episode of the podcast, Rick here. And we're going to be talking about the legal side of running an online business. This is a topic that we haven't covered in quite some time here. And we're going to be talking about the legal side of running an online business.

This is a topic that we haven't covered in quite some time here. And let's face it,

the legal side, the tax side is never really a fun topic to talk about, I don't think.

You might be like, oh my God, I love talking about this stuff. But unfortunately, it's a topic that so many of us

don't look at when we are running our online business until it's too late, until we need something

or something happens, God forbid, that, you know, we need some sort of legal protection or what have

you. And so I wanted to bring my guest on

today, Braden Drake, to share with you what he likes to call the layers of legal protection for

each stage of an online business. And we're going to talk about, you know, the basic stuff that

you really need to be thinking about in terms of

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