Personal business refers specifically to activities or issues that a person considers private. They may also involve other occupations or small-scale enterprises pursued by individuals for extra income. This is usually a positive idea, since it promotes work-life balance and permits people to pursue passions outside of professional pursuits. It can also relate to the family or individual responsibilities like eldercare and childcare.
The legal definition of privacy varies from one privacy law to another however the fundamental idea is the same: All information that identifies a particular person or household should be considered personal. This could include basic information like names to more sophisticated information such as geolocation tags or biometric data. Businesses must understand personal information to ensure they are compliant with all this post applicable laws.
Data must be able to be linked to a specific person for it to be considered as personal. It is important for companies to be clear about the purposes for collecting this data and get permission prior to doing so. Businesses should limit the kind and quantity of data they gather and only keep it for the time that is needed.
In the United States a personal business is a business that is run by a person, not if it’s incorporated or a partnership. This means that the owners’ personal assets can be used to pay off liability and debts, which isn’t always a good thing for small companies that operate with limited resources.
