If you plan to form a business, there are a few things you need to do first. You'll need to decide what kind of business you're going to be, first. Are you planning a partnership, S Corporation, cooperative, Limited Liability Company, corporation or sole proprietorship? Each has its own benefits that you'll want to consider; the U.S. Small Business Administration has information on the types of ownership, but to focus on just one, look at the LLC.
FitBit makes heart tracking devices that are popular with exercise enthusiasts, but a new lawsuit claims that the devices aren't even close to accurate. In fact, the words "wildly inaccurate" are used in the lawsuit itself, and that suit claims that the company, therefore, is guilty of false advertising.