Tag Archives: small business
Are You Personally Liable for Business Debts? The answer depends largely on the structure of your business. If you did not form a specific business entity and you are the only owner of the business, you are probably a sole proprietor. A sole proprietorship is not a separate legal entity — which means you are personally responsible for all business debts and when you file for bankruptcy, you are really filing a personal bankruptcy. If your business was formed as a partnership, corporation, or limited liability company (LLC), whether you are liable for your company’s debts depends on other factors.
Join us to learn more on the Bottled Business Sense Show.
Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222
wfblegalconsulting.com/bottled-business-sense-show/
Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182
Steve Smith – GrowthSourceCoaching.com
steve@growthcoursecoaching.com
949.951.9163
In this show, Bill and Rick not only emphasize the business practices that will distinguish your business from other businesses, but also how to avoid the legal blunders that prevent the prosperity and even survival of your business.
