“Why do I need to create multiple entities to protect my assets?” Steve Pierce, owner of Pierce Floral Shops, asked. “I already have all of my business interests in a Limited Liability Company. Doesn’t that protect me and my business?”
The answer provided by his lawyer was about what you would expect. “Yes. And no.”
Putting all [...]
Posts Tagged ‘legal liabilities’
Protecting Your Nest Egg
Posted on March 2nd, 2009 by Bay Area Business Sales
Filed under: Exit Strategy, Increasing & Preserving Business Value