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Tag Archive for new entity

Reduce Risk By Segregating Assets In A New Entity

The Problem: Often business owners want to segregate valuable assets from potential adverse liabilities generated in the operation of a business.

For example, a bakery will likely own: (1) equipment used in its operations; (2) the factory building and (3) a fleet of delivery trucks and vehicles. If all of these are owned by the same company, then liabilities arising from an accident involving the trucks could result in the loss of the factory building to satisfy a judgment. Read more

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