Tag Archive
limited liability company
What are the hazards faced by a small business? We can spot the obvious dangers: direct competitors, suppliers who could destroy our bottom line with a single price hike and of course, legal troubles. But just as often, there are dangers lurking from within. Disputes among owners or partners are common reasons for even a Read More
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Who gets stuck with the tab when a small business is in the red? If you are a sole proprietor, running the enterprise without legally incorporating it, you do. All debts and other liabilities are your personal responsibility, and that means creditors can come after your home, your bank accounts, your car and pretty much Read More
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