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July 2019 Archives

Protect your company and your personal assets

Choosing a business structure is one of the most important decisions you have to make because it can affect your company and your personal life. One thing that people don't realize is that if you start a company as a sole proprietorship, disgruntled people can come after your personal assets. For this reason, many people opt to use a limited liability company (LLC) as their business structure.

Decide on a direction for your business after you pass away

Around 30% of business owners haven't taken the time to create an estate plan. These individuals might not realize that they are putting the company, their employees and their family members at risk by overlooking an estate plan. The reasons for not creating a plan vary greatly. They may feel they have plenty of time, or they might think that nothing will happen to them. Some think that it will take too long to get the plan established. None of these are good reasons. The bottom line is that every business owner should have an estate plan in place.

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Toll Free: 800-431-5180
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