dlk426
I’m opening a small business and was directed to file as an LLC so as to protect my personal assets. But everyone that I would like to setup an account with wants a personal guarantee whether I’ve been in business 1 or 10 years. What good does the LLC serve under those conditions? I understand about the lawsuit protection aspect, but where’s the personal asset protection?
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I’m opening a small business and was directed to file as an LLC so as to protect my personal assets. But everyone that I would like to setup an account with wants a personal guarantee whether I’ve been in business 1 or 10 years. What good does the LLC serve under those conditions? I understand about the lawsuit protection aspect, but where’s the personal asset protection?
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Category: Wealth Creation
