Re: So say I wanted to sell something...

"Tim Williams" <tmoranwms@xxxxxxxxxxx> wrote:

I'm considering selling kits and maybe assembled models of my induction
heater. Is there anything "wrong" with this on a hobby basis? Should I
start a company?

This is based on my knowledge of UK company law, it may be different
where you are: Start a company. In the UK this only costs a couple of
hundred pounds. Then if the something hits the fan (in the form of a
lawsuit), the most you risk losing is the company and its assets
(assuming you don't do something criminal, of course). If it's you
personally selling the stuff you can lose your house, your car, your
life savings...

Some liabilities you can disclaim away, but some you can't. A company
lets you limit your personal financial liability to what you've
invested in the company. Companies may also qualify for tax breaks,
grants, and other benefits you wouldn't get as an individual.

In that case, would I be infringing on any patents?

Depends exactly what you're selling! I think induction heating itself
has been around long enough that any patents on the basics will have
expired by now. If you can find the technology you're selling in
expired patents you're in the clear. If there's doubt you need a
patent lawyer.

IANAL

Proper legal advice is essential, and needn't be wildly expensive.


Tim
--
Did I really still have that sig?
.

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