Running a small business is not for the weak. Most of the time, you are juggling clients, projects, employees, marketing, advertising, and 500 other things all at once. You also need to make sure that your business can thrive long-term, which often means dealing with legal matters. One such matter is having a Privacy Policy for your website. Here are the benefits of Privacy Policy Generators for small businesses.
Why Do I Need a Privacy Policy?
When it comes to privacy and consumer protections, the landscape has changed in the last few years. In fact, it has changed so much that legislators are rushing to the podium to present their new privacy laws and spend significantly more time speaking about the importance of privacy and the overreaching of big tech than ever before.
While it is easy to assume that only large companies need to be worried about these things, such assumptions are, unfortunately, wishful thinking. Small business owners have the responsibility to inform their customers what information they collect on their websites, what they do with that information and who they share it with.
In short, your small business needs a Privacy Policy and failure to get one can lead to large fines, loss of customers and an increased sales cycle – headaches that you really don’t have the time for. So what do you do? Where do you go to get a Privacy Policy? What is a Privacy Policy Generator?
Option 1: Use a Template
You really have three options – use a template, get a lawyer or use a Privacy Policy Generator. First, let’s talk about using a template.
The short of it is: unless you’re a lawyer who is willing to spend countless hours researching privacy laws and keeping up to date with those laws, a template just isn’t going to be your best choice. While you can find a template online for free, most templates do not have all of the necessary protections, are not written correctly and are not up to date with the most recent laws.
If you are adding text onto a template, you can make mistakes and accidentally erase or incorrectly write in your protections. This would mean that your Privacy Policy can actually get you sued. Finally, a template is not going to be updated when the laws change, meaning that you will have to do the tracking of the laws and the updating yourself, which is probably something that you do not have the time for.
Option 2: Hire an Attorney
Your second choice is hiring an attorney to write the policies for you. Take it from a lawyer – unless you are in a very specific industry (e.g. you need compliance with HIPAA or your website is geared towards children), you’re going to pay way too much for the policies to be written.
Some attorneys charge from $2,000 to $5,000 for a Privacy Policy and Terms and Conditions for your website. The truth is, as a small business owner, there are a lot of better places you could put that money that would actually generate revenue for you. Also, most attorneys will charge extra when you need the policies updated when the law changes (there are 17 proposed privacy bills right now just in the United States).
While having an attorney write this for you is the preferred method, most small businesses just cannot afford that. Most small businesses also cannot afford to wait for weeks for policies to be written when the likelihood and cost of getting sued are so high.
Option 3: Use a Privacy Policy Generator
The third solution is the most viable one for small businesses – using a Privacy Policy Generator. A generator asks you to answer a few questions such as “what information do you collect on your website” and “who do you share that information with” and then generates a Privacy Policy for you that is tailored to your business and website.
I’m a bit biased here since I am the President of Termageddon, a Privacy Policy Generator but, with a generator, you receive better policies than a template at a lower price than an attorney. You also get them quickly – 15 minutes is all you need for it to be done.
What’s amazing about a generator such as Termageddon is that we automatically update the policies for you whenever the laws change, thereby saving you that headache as well. Furthermore, our pricing is straightforward – one price for all policies.
Final Thoughts: Use Termageddon to Create a Website Privacy Policy
Generators make sense for small businesses who want to make sure that they are protected, want clear and reasonable pricing and who want to show their customers that they care. Termageddon will allow you to quickly create a Privacy Policy that is tailored to your business and the policy will update automatically, saving you a lot of time and worry.
Visit Termageddon to register today!