Make Sure to C.Y.A.

If you have formed your business entity, you will need to Cover Your Assets. And if you plan to provide goods and services to individuals or B2B both , Make Sure to C.Y.A, 

Entrepreneurship could be genering good money but financial loss as the result of lawsuits, and/ or judgments against the business can result in a loss too big to recover ! So if Doing Business the Right Way is your plan, Make Sure to C.Y.A.