Path: utzoo!censor!geac!maccs!cs4g6ag
From: cs4g6ag@maccs.dcss.mcmaster.ca (Stephen M. Dunn)
Newsgroups: comp.sys.ibm.pc
Subject: Re: shareware authoring (company requirement ...)
Keywords: business
Message-ID: <25AD7AFC.25749@maccs.dcss.mcmaster.ca>
Date: 12 Jan 90 06:36:44 GMT
References: <10889@attctc.Dallas.TX.US> <3412@cpoint.UUCP>
Reply-To: cs4g6ag@maccs.dcss.mcmaster.ca (Stephen M. Dunn)
Distribution: na
Organization: McMaster University, Hamilton, Ontario
Lines: 24

In article <3412@cpoint.UUCP> alien@cpoint.UUCP (Alien Wells) writes:
$	- Run the thing as a corporation
$		o all liability is corporate

   Well, in theory.  If you need a loan, though, most banks (at least
here in Canada, and likely in the States too) will require a personal
guarantee for the loan, defeating a large part of this protection.  I
know you can scream that "This isn't fair", but you're pretty well
stuck with it.

   Another thing about incorporation:  It costs $$$.  Nothing out-
rageous, it can be done for around $500 in Canada (less if you have
a friend who can help you out), but it's still a lot more than many
shareware authors make from their products.  Yes, I know that there
are some success stories (Quicksoft, Buttonware, Datastorm), but
there are lots and lots of shareware programs out there that don't
generate any worthwhile revenue.  See my other post if you want to
hear me write at great length (well, 130 lines or so) on the
subject.
-- 
Stephen M. Dunn                               cs4g6ag@maccs.dcss.mcmaster.ca
          <std_disclaimer.h> = "\nI'm only an undergraduate!!!\n";
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    If it's true that love is only a game//Well, then I can play pretend