Incorporated Companies and Debt
If your business is incorporated, then legally the business is a separate entity and its assets are owned by the business. In this case the incorporated company can go bankrupt if it cannot meet its financial obligations. The assets of the business are sold as part of the company’s bankruptcy and used to reduce the…
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Business Management is Key
When a business owner starts their own business, they have high hopes and big dreams. It’s important to have a positive outlook when starting your business, but it’s even more important that the business is managed well. In most cases businesses fail because of poor business management. Through the years I have helped a lot…
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