SMALL BUSINESS LEGAL TIPS

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Unless you form a limited liability entity for your business, in general, all of your personal assets will be exposed to the risks of your business. This includes your bank accounts, brokerage accounts, vacation home and your other property. If you form and properly maintain a corporation or an LLC (limited liability company), your personal assets are protected to the maximum extent possible. This means it is the assets of the entity that are at risk, not your personal assets. Find out about the benefits of operating your business as a corporation or LLC.
You’ve downloaded the forms from the Secretary of State and filed them yourself. Now you think you’re protected but are you really exposing your personal assets this way? Why it’s not enough to just file the Articles of Organization
Thinking of buying a business? How should you structure the transaction to best protect yourself?
Legal Tips for Home Based Businesses. For one thing, don’t rely on your homeowners’ insurance!
Legal Tips for Consultants, Freelancers and Contractors. How to Minimize Your Legal Risks
So You’ve Formed a Corporation or LLC. Where’s your Minute Book and Why it Matters?
Independent Contractors vs. Employees, What’s the Difference and Why Does it Matter
Copyright © 2008 - Judy Gedge - All Rights Reserved You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright notice. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.