Choosing the appropriate corporate entity will have a great impact not only on how your business operates, but also on your personal liability.
When forming a business, many entrepreneurs fail to adequately protect themselves. If the business experiences financial problems, or is subject to a lawsuit, your personal assets — including your home and your savings — could be used to satisfy the debts of the business. During formation, there are limited liability entities available that will shield you from personal liability and ensure your personal and business finances are kept separate.
We provide the insight and counsel young businesses need to plan accordingly, and the ongoing advice and counsel businesses need to grow and thrive. Call our law office today to discuss your legal needs.