Understanding Personal Liability

“Personal Liability.”
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What do these words mean? In the context of your business - if you are *personally liable* for something, that means your private assets like your bank account(s), home, car (anything you own!) could be up for grabs. ⁣⁣
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When would these be at stake? Lawsuits your business may face can jeopardize your personal assets if you have not taken the proper steps to shield yourself from personal liability.

Filing for an LLC or Corporation will help shield you from liability - not to mention some tax benefits, & legitimization of your business or brand.⁣⁣
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Liking the sound of an LLC? Let’s get you filed!⁣⁣
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*Disclaimer* This post is strictly for general informational purposes only and is not intended to constitute legal advice. ⁣⁣