Starting a new business is exciting, but it’s also risky. You may have already considered certain risks, such as what will happen if you don’t attract customers right away, but other risks can be problematic as well.
One of the biggest issues a lot of new business owners don’t take into consideration is asset protection.
Legal and business advisory firm Anderson Advisors highlighted what can happen when a small business isn’t structured properly to protect the owner. One example was a dry cleaner who was sued for more than $50 million for allegedly losing a pair of pants belonging to a customer.
It’s essential to ensure you’re protected from liabilities you might not ever have thought of, as well as frivolous lawsuits.
The Options
First and foremost, you need to look at the different protection plans that are available to you as a small business owner. The goal is to sepa
Protecting Your Assets If You’re Starting a New Business
If you’re the creator of a new business, you might feel like your role is to lead your new company and its employees, but have you considered using online courses to build your own knowledge and skillset? There are excellent available opportunities for CEOs and founders to take online courses that can help them better guide and grow their new businesses, but they don’t often take advantage of them. Entrepreneurial education can be a critical component of not only being an excellent leader but also ensuring your company has staying power and a competitive edge. Below are some of the best course options for entrepreneurs across all industries. Entrepreneurship—From Idea to Launch Available on Udemy.com, Entrepreneurship—From Idea to Launch is an online course that is free of charge and features 32 lectures along with 2 ½ hours of video content. It’s had nearly 69,000 students The Best Online Courses for Startup Founders
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