Tag Archives: Piercing the corporate veil

5 Steps to Limiting Personal Liability in Business

The LLC and corporation are popular business entities because they limit the owner’s personal liability for actions taken on behalf of the business – but they don’t just magically erase that liability. Rather, these entities require regular attention to maintain the owner’s liability … Continue reading

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Should my Business be an LLC? A Question for the Great Oz

Determining whether your business should be an LLC (or a Sole Proprietorship) is daunting even with a grasp of the basic differences. Ultimately, it’s a question of diligence between you and the corporate veil. The corporate veil is a legal … Continue reading

Posted in Asset Protection, Business Law, Business Plan | Tagged , , , , , , , , , , , , | 8 Comments